For what three fiscal years does Stretch Zone provide audited financial statements?
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.
Source: Item 21 — ITEM -21 FINANCIAL STATEMENTS (FDD page 84)
What This Means (2025 FDD)
According to Stretch Zone's 2025 Franchise Disclosure Document, the company includes audited financial statements for the fiscal years ending December 31, 2024, December 31, 2023, and December 31, 2022. These audited statements are attached as Exhibit M to the FDD.
It is standard practice for franchisors to include several years of audited financial statements in their FDD. This allows prospective franchisees to review the financial health and performance of the franchisor over time.
By reviewing these statements, potential Stretch Zone franchisees can assess the company's revenue, expenses, profitability, and overall financial stability. This information can help them make an informed decision about investing in a Stretch Zone franchise.