What is the date of the auditor's report for Stretch Zone, as indicated in the document?
Stretch_Zone Franchise · 2025 FDDAnswer from 2025 FDD Document
EisnerAmper LLP
505 South Flagler Drive Suite 900 West Palm Beach, FL 33401 T 561.832.9292 F 561.832.9455
INDEPENDENT AUDITORS' REPORT
To the Member of Stretch Zone Franchising, LLC:
Report on the Audit of the Financial Statements
Opinion
We have audited the financial statements of Stretch Zone Franchising, LLC (the "Company"), which comprise the balance sheets as of December 31, 2024 and 2023, and the related statements of operations, changes in member's deficit, and cash flows for each of the years then ended, and the related notes to the financial statements.
In our opinion, the accompanying financial statements present fairly, in all material respects, the financial position of Stretch Zone Franchising, LLC as of December 31, 2024 and 2023, and the results of its operations and its cash flows for each of the years then ended in accordance with accounting principles generally accepted in the United States of America.
Basis for Opinion
We conducted our audits in accordance with auditing standards generally accepted in the United States of America ("GAAS"). Our responsibilities under those standards are further described in the Auditors' Responsibilities for the Audit of the Financial Statements section of our report. We are required to be independent of the Company and to meet our other ethical responsibilities, in accordance with the relevant ethical requirements relating to our audits. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our audit opinion.
Responsibilities of Management for the Financial Statements
Source: Item 3 — Franchisee/Debtor's Warranties. (FDD pages 263–364)
What This Means (2025 FDD)
According to Stretch Zone's 2025 Franchise Disclosure Document, the Independent Auditor's Report references financial statements as of December 31, 2024 and 2023. The report covers the balance sheets as of these dates, along with the statements of operations, changes in member's deficit, and cash flows for the years then ended. This indicates that the auditor, EisnerAmper LLP, has audited Stretch Zone's financial records for these specific periods.
The auditor's opinion states that the financial statements of Stretch Zone Franchising, LLC, present fairly, in all material respects, the company's financial position as of December 31, 2024 and 2023. They also believe that the results of its operations and its cash flows for each of the years then ended are in accordance with accounting principles generally accepted in the United States of America.
Prospective franchisees should note that the audit provides an independent assessment of Stretch Zone's financial health. Reviewing these audited financial statements, along with the accompanying notes, can provide valuable insights into the company's financial performance and stability. This information can help potential franchisees make informed decisions about investing in a Stretch Zone franchise.