What date were Precision Door Service's financial statements available to be issued?
Precision_Door_Service Franchise · 2025 FDDAnswer from 2025 FDD Document
In preparation of its financial statements, the Company considered subsequent events through March 31, 2025, which was the date the Company's financial statements were available to be issued.
Source: Item 21 — Financial Statements (FDD page 91)
What This Means (2025 FDD)
According to Precision Door Service's 2025 Franchise Disclosure Document, the company considered subsequent events through March 31, 2025, which was the date the financial statements were available to be issued. This means that the financial statements include information available up to that date.
For a prospective franchisee, this date is important because it indicates how current the financial information is. Financial statements are a snapshot of a company's financial health at a specific point in time, and the closer the 'available to be issued' date is to the present, the more relevant the information is likely to be.
It is important to note that while the financial statements reflect information up to March 31, 2025, significant events could have occurred after that date that could impact Precision Door Service's financial performance. Therefore, a prospective franchisee should inquire about any material changes or updates since that date to gain a more complete understanding of the company's current financial situation.