table_specific
What was the total amount of cash-restricted assets for Stretch Zone in the earlier reported year?
Stretch_Zone Franchise · 2025 FDDAnswer from 2025 FDD Document
ida
April 30, 2025
Balance Sheets
| December 31, | |||
|---|---|---|---|
| 2024 | 2023 | ||
| ASSETS |
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 company's balance sheet lists cash-restricted assets. The balance sheets provided are for December 31, 2024, and December 31, 2023.
As of December 31, 2023, Stretch Zone did not have any cash listed as restricted. However, as of December 31, 2024, Stretch Zone had $56,773 in cash-restricted assets.
It is important to note that the financial statements were audited by EisnerAmper LLP, and their report is included in the FDD. This report expresses an opinion that the financial statements present fairly the financial position of Stretch Zone Franchising, LLC as of December 31, 2024 and 2023.
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.