Under what accounting standards does Stretch Zone account for revenue?

According to Stretch Zone's 2025 Franchise Disclosure Document, the company prepares its financial statements in conformity with accounting principles generally accepted in the United States of America, which is also referred to as "U.S. GAAP".

This means that Stretch Zone's financial reporting adheres to a standardized framework of accounting rules, conventions, and procedures established by the U.S. accounting profession. This framework ensures consistency and comparability in financial reporting across different companies and industries. U.S. GAAP covers a broad range of accounting topics, including revenue recognition, expense measurement, asset valuation, and liability determination.

For a prospective Stretch Zone franchisee, this indicates that the financial information presented in the FDD and other company documents is prepared according to a recognized and reliable standard. This allows franchisees to better understand Stretch Zone's financial performance and position, and to make informed decisions about investing in a franchise. Franchisees can review Stretch Zone's financial statements with confidence, knowing that they are based on U.S. GAAP principles.