What is the location of Wattlin, Dry & Dug LLA, the auditor for Punch King Fitness?
Punch_King_Fitness Franchise · 2024 FDDAnswer from 2024 FDD Document
17 Beresford Court Williamsville, NY 14221 Tel: (716) 634-7253 Fax; (716) 634-0952 Email: jimdry@wddcpas.com Email: jaydry@wddcpas.com
Website: www.wddcpas.com
Source: Item 22 — CONTRACTS (FDD pages 56–215)
What This Means (2024 FDD)
According to the 2024 Punch King Fitness FDD, the address for the accounting firm Wittlin, Dry & Dry, LLP is 17 Beresford Court, Williamsville, NY 14221. The listed phone number is (716) 634-7253 and the fax number is (716) 634-0952. The auditor's emails are jimdry@wddcpas.com and jaydry@wddcpas.com, and their website is www.wddcpas.com.
This information is crucial for prospective Punch King Fitness franchisees as it provides transparency regarding who audits the financial statements of the franchisor. Knowing the auditor and their contact information allows potential franchisees to conduct their own due diligence, if desired, by researching the auditor's reputation and history.
It is standard practice for franchise companies to have their financial statements audited by an independent accounting firm. The auditor's report, included in the FDD, provides an opinion on whether the financial statements fairly present the financial position of the franchisor in accordance with generally accepted accounting principles. This gives franchisees more confidence when reviewing the financial health of Punch King Fitness.
Prospective franchisees may want to independently verify the auditor's standing and any history of disciplinary actions. Contacting the auditor directly is generally discouraged, but researching the firm and its partners can provide additional assurance.