Where can I find the Stretch Zone balance sheets as of December 31, 2023 and 2022?
Stretch_Zone Franchise · 2025 FDDAnswer from 2025 FDD Document
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FINANCIAL STATEMENTS
DECEMBER 31, 2023 and 2022
Contents
| Independent Auditors' Report | 1 - 2 |
|---|---|
| Financial Statements | |
| Balance sheets as of December 31, 2023 and 2022 | 3 |
| Statements of operations for the years December 31, 2023 and 2022 | 4 |
| Statements of changes in member's deficit for the years ended December 31, 2023 and 2022 | 5 |
| Statements of cash flows for the years ended December 31, 2023 and 2022 | 6 |
| Notes to 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 balance sheets as of December 31, 2023, and 2022 can be found on page 3 of the financial statements. These financial statements also include the independent auditor's report, statements of operations, statements of changes in member's deficit, statements of cash flow for the years ended December 31, 2023, and 2022, as well as notes to the financial statements.
The balance sheets provide a snapshot of Stretch Zone's assets, liabilities, and equity at a specific point in time, offering insights into the company's financial health. Reviewing these statements for 2023 and 2022 allows prospective franchisees to assess the company's financial position and stability over the past two years.
It is important to carefully review these balance sheets and related financial statements, ideally with the assistance of a financial professional, to fully understand Stretch Zone's financial condition. This will help potential franchisees make an informed decision about investing in a Stretch Zone franchise.