factual

Does Stretch Zone provide audited or unaudited financial statements in Exhibit M?

Stretch_Zone Franchise · 2025 FDD

Answer from 2025 FDD Document

Attached as Exhibit M are our:

    1. 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
    1. Audited financial statements for fiscal years ending December 31, 2024, December 31, 2023, and December 31, 2022.

Source: Item 21 — ITEM -21 FINANCIAL STATEMENTS (FDD page 84)

What This Means (2025 FDD)

According to Stretch Zone's 2025 Franchise Disclosure Document, Exhibit M includes both audited and unaudited financial statements. Specifically, the exhibit contains an unaudited balance sheet dated March 31, 2025, along with an unaudited profit and loss statement for the three-month period from January 1, 2025, to March 31, 2025.

In addition to the unaudited statements, Exhibit M also provides audited financial statements for the fiscal years ending December 31, 2024, December 31, 2023, and December 31, 2022. The inclusion of audited financial statements offers a higher level of assurance regarding the accuracy and reliability of the financial information presented, as these statements have been reviewed by an independent auditor.

For a prospective Stretch Zone franchisee, this means they have access to a range of financial data, some of which has been independently verified. Reviewing both the audited and unaudited statements can provide a more comprehensive understanding of Stretch Zone's financial performance and position. It is important to carefully examine these statements and consider consulting with a financial advisor to fully assess the financial health of the company.

Disclaimer: This information is extracted from the 2025 Franchise Disclosure Document and is provided for research purposes only. It does not constitute legal or financial advice. Consult with a franchise attorney before making any investment decisions.