Is the financial information presented in Item 19 of the Hydrodog FDD audited?

According to Hydrodog's 2025 Franchise Disclosure Document, the financial performance representation in Item 19 is not audited. Specifically, the FDD states, "The information in this Item 19 is not audited." This means that the figures for gross sales and tips collected, as well as the average, high, low, and median sales figures, have not been independently verified by a certified public accountant or auditing firm.

For a potential Hydrodog franchisee, this lack of auditing means that you should take extra caution when reviewing the financial performance data. While the FDD states that written substantiation of the data will be provided upon reasonable request, it is still up to you to assess the reliability of that substantiation. It would be prudent to consult with a financial advisor to help you evaluate the data and make informed decisions.

The FDD emphasizes that individual results may vary and there is no assurance that a franchisee will achieve similar sales or earnings. Given that the data is unaudited, prospective franchisees should conduct thorough due diligence, including verifying the data with existing franchisees and conducting their own market research, before making any investment decisions. This is particularly important since only 27% of the reporting Hydrodog businesses achieved or exceeded the average gross sales of $144,119.42.