Where can I find the financial statements for Stretch Zone?
Stretch_Zone Franchise · 2025 FDDAnswer from 2025 FDD Document
of 1.45%, and a right-of-use asset of |
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
Management is responsible for the preparation and fair presentation of these financial statements in accordance with accounting principles generally accepted in the United States of America, and for the design, implementation, and maintenance of internal control relevant to the preparation and fair presentation of financial statements that are free from material misstatement, whether due to fraud or error.
Source: Item 21 — ITEM -21 FINANCIAL STATEMENTS (FDD page 84)
What This Means (2025 FDD)
According to the 2025 Stretch Zone Franchise Disclosure Document, the financial statements for Stretch Zone Franchising, LLC, are audited by EisnerAmper LLP. The audit reports included in the FDD cover the financial years ending December 31, 2024 and 2023, as well as December 31, 2023 and 2022.
The financial statements include balance sheets, statements of operations, changes in member's deficit, and cash flows for the specified years, along with related notes. These statements are prepared in accordance with accounting principles generally accepted in the United States of America.
The independent auditors' reports express an opinion on the fairness of the presentation of Stretch Zone's financial position, results of operations, and cash flows for the years audited. The report confirms that management is responsible for the preparation and fair presentation of the financial statements, as well as the maintenance of internal controls.