Where can I find the Zoomin Groomin balance sheets in the provided financial statements?
Zoomin_Groomin Franchise · 2025 FDDAnswer from 2025 FDD Document
We have audited the accompanying financial statements of Zoomin Groomin USA LLC, which comprise the balance sheets as of December 31, 2024, and the related statements of operations, members' equity, and cash flows for the three years then ended, and the related notes to the financial statements.
In our opinion, the financial statements referred to above present fairly, in all material respects, the financial position of Zoomin Groomin USA LLC as of December 31, 2024, and the results of its operations and its cash flows for the three years then ended, in accordance with the generally accepted accounting principles in the United States of America.
Source: Item 9 — 01. Financial Statements and Exhibits. (FDD pages 68–156)
What This Means (2025 FDD)
According to Zoomin Groomin's 2025 Franchise Disclosure Document, the balance sheets for Zoomin Groomin USA LLC can be found within the provided financial statements. The independent auditor's report indicates that the financial statements comprise the balance sheets as of December 31, 2024. These balance sheets are part of a larger set of financial documents that also include statements of operations, members' equity, and cash flows for the three years then ended, along with related notes.
The auditor, DASH Business Solutions, LLC, has audited these financial statements and has issued an opinion that they present fairly the financial position of Zoomin Groomin USA LLC as of December 31, 2024, in accordance with generally accepted accounting principles in the United States of America. This opinion suggests that prospective franchisees can rely on these statements as an accurate representation of Zoomin Groomin's financial status.
The financial statements also include notes that provide additional context and details about Zoomin Groomin's accounting policies and financial practices. These notes cover areas such as the basis of accounting, use of estimates, cash and cash equivalents, financial instruments, and inventory valuation. Reviewing these notes is crucial for a comprehensive understanding of the balance sheets and overall financial health of Zoomin Groomin.