Where in the Pump It Up FDD are the Notes to Consolidated Financial Statements located?
Pump_It_Up Franchise · 2025 FDDAnswer from 2025 FDD Document
| INDEPENDENT AUDITORS' REPORT | 1 |
|---|---|
| CONSOLIDATED FINANCIAL STATEMENTS | |
| CONSOLIDATED BALANCE SHEETS | 3 |
| CONSOLIDATED STATEMENTS OF OPERATIONS | 4 |
| CONSOLIDATED STATEMENTS OF MEMBER'S EQUITY | 5 |
| CONSOLIDATED STATEMENTS OF CASH FLOWS | 6 |
| NOTES TO CONSOLIDATED FINANCIAL STATEMENTS | 7 |
Source: Item 23 — RECEIPTS (FDD pages 60–225)
What This Means (2025 FDD)
According to Pump It Up's 2025 Franchise Disclosure Document, the Notes to Consolidated Financial Statements are located on page 7. This information is part of a table of contents for the consolidated financial statements. The table lists the Independent Auditors' Report on page 1, Consolidated Balance Sheets on page 3, Consolidated Statements of Operations on page 4, Consolidated Statements of Member's Equity on page 5, and Consolidated Statements of Cash Flows on page 6.
For a prospective Pump It Up franchisee, this is useful for quickly locating specific financial statements and related notes within the FDD. The notes provide additional context and details about the figures presented in the core financial statements, such as accounting policies, debt obligations, and potential risks. Reviewing these notes is essential for a thorough understanding of Pump It Up's financial health.
Most franchise FDDs include audited financial statements to provide transparency to potential franchisees. The inclusion of a table of contents, as seen here, is a helpful organizational tool. Franchisees should carefully review all sections of the financial statements and accompanying notes to assess the financial stability of the franchisor before investing.