factual

Which wholly-owned subsidiaries are included in the consolidated financial statements for Pump It Up?

Pump_It_Up Franchise · 2025 FDD

Answer from 2025 FDD Document

The consolidated financial statements include the operations of FB Holdings, LLC and its wholly owned subsidiaries, Pump It Up Holdings, LLC; BounceU Holdings, LLC; Fun Brands, LLC; Fun Brands Tempe, LLC; and HQ Carousels, LLC. All material intercompany accounts and transactions have been eliminated in consolidation.

Source: Item 23 — RECEIPTS (FDD pages 60–225)

What This Means (2025 FDD)

According to Pump It Up's 2025 Franchise Disclosure Document, the consolidated financial statements include the operations of FB Holdings, LLC and its wholly-owned subsidiaries. These subsidiaries are Pump It Up Holdings, LLC; BounceU Holdings, LLC; Fun Brands, LLC; Fun Brands Tempe, LLC; and HQ Carousels, LLC. All material intercompany accounts and transactions have been eliminated during the consolidation process.

This means that the financial performance of these entities is combined into a single set of financial statements, providing a comprehensive view of the overall financial health of FB Holdings, LLC, the parent company of Pump It Up, and its subsidiaries. This consolidated approach is standard accounting practice when a parent company has controlling financial interests in its subsidiaries.

For a prospective Pump It Up franchisee, understanding the financial performance of these subsidiaries can offer insights into the broader organization's stability and financial management practices. However, it's important to note that the performance of these entities may not directly reflect the potential performance of an individual Pump It Up franchise location. Franchisees should focus on the specific financial information related to franchising, such as franchise fees, royalties, and potential revenue and expenses, to assess their own potential business performance.

Disclaimer: This information is extracted from the 2025 Franchise Disclosure Document and is provided for research purposes only. It does not constitute legal or financial advice. Consult with a franchise attorney before making any investment decisions.