For what fiscal years are audited financial statements provided for Stretch Zone?
Stretch_Zone Franchise · 2025 FDDAnswer from 2025 FDD Document
Attached as Exhibit M are our:
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- Unaudited Balance Sheet dated March 31, 2025 and Unaudited Profit and Loss Statement for the 3-month period from January 1, 2025 to March 31, 2025; and
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- Audited financial statements for fiscal years ending December 31, 2024, December 31, 2023, and December 31, 2022.
Our fiscal year ends December 31.
Source: Item 21 — ITEM -21 FINANCIAL STATEMENTS (FDD page 84)
What This Means (2025 FDD)
According to Stretch Zone's 2025 Franchise Disclosure Document, audited financial statements are included as Exhibit M for the fiscal years ending December 31, 2024, December 31, 2023, and December 31, 2022. This provides prospective franchisees with a three-year view of the company's financial performance.
The inclusion of these audited statements allows potential franchisees to assess Stretch Zone's financial stability and historical performance. Reviewing these statements can help in understanding revenue trends, profitability, and overall financial health of the company.
It is important for prospective franchisees to carefully examine these audited financial statements, possibly with the assistance of a financial advisor, to make an informed decision about investing in a Stretch Zone franchise. Understanding the financial history of the franchisor is a critical step in evaluating the potential risks and rewards of the franchise opportunity.