Does the Hydrodog FDD include pro forma financial statements?
Hydrodog Franchise · 2025 FDDAnswer from 2025 FDD Document
We use, promote and license in the operation of HydroDog Businesses certain trademarks, service marks and other commercial symbols, including the trade and service mark "HydroDog" and other assorted associated logos, designs, and commercial symbols (collectively, the "Marks"). We also use, promote and license in the operation of HydroDog Businesses certain information capable of being rendered into tangible form that we claim as our copyrights, including spreadsheets, pro forma documents, forms, marketing materials, manuals, pricing lists, vendor lists, product and service offering menus, formulas, advertisements, our website, and any other written materials, marketing materials or advertisements (including the look, compilation, feel and content of them) (collectively, the "Copyrights").
Source: Item 21 — FINANCIAL STATEMENTS (FDD page 43)
What This Means (2025 FDD)
According to Hydrodog's 2025 Franchise Disclosure Document, the franchisor uses certain information that they claim as their copyrights, including pro forma documents. This suggests that Hydrodog may provide franchisees with pro forma financial statements or projections. These documents are essentially financial models that forecast potential revenues, expenses, and profits based on certain assumptions.
However, the FDD excerpt does not explicitly state that Hydrodog provides these pro forma documents to prospective franchisees. It only indicates that they possess and utilize such documents within their franchise system.
A prospective franchisee should directly ask Hydrodog whether they provide pro forma financial statements or any form of financial projections during the franchise sales process. If Hydrodog does provide these, franchisees should carefully review the assumptions and understand the potential risks and rewards involved, bearing in mind that no pro forma can guarantee future financial performance.