What were the total revenues for Stretch Zone in the most recent year presented in this table?
Stretch_Zone Franchise · 2025 FDDAnswer from 2025 FDD Document
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
Source: Item 3 — Franchisee/Debtor's Warranties. (FDD pages 263–364)
What This Means (2025 FDD)
I am unable to provide the total revenues for Stretch Zone, as this information is not present in the provided excerpts from the 2025 Franchise Disclosure Document. The excerpts do include independent auditor's reports on the financial statements of Stretch Zone Franchising, LLC for the years 2024 and 2023, but these reports do not specify the total revenues. The excerpts also contain notes to the financial statements, which include details about lease expenses, sublease revenue, settlements, and other financial matters, but not the specific revenue figures.
A prospective franchisee would typically look for a detailed income statement or statement of operations within the FDD's financial statements to find the total revenues. This statement would show all sources of income for Stretch Zone Franchising, LLC during the specified period. Without this information, it is difficult to assess the financial performance and revenue generation capabilities of the company.
To obtain this missing information, a potential franchisee should specifically request the statement of operations or income statement from the franchisor. This document will provide a clear picture of Stretch Zone's revenues, cost of goods sold, operating expenses, and ultimately, its profitability. Understanding these figures is crucial for making an informed investment decision.