What was the amount of members' distributions for Mr. Sandless in 2022?
Mr_Sandless Franchise · 2025 FDDAnswer from 2025 FDD Document
enue | 62,270 | 50,270 | | | 62,714 | 65,609 | | Deferred revenue, net of current | 298,540 | 212,810 | | Members' (Deficit) | (203,056) | (76,192) | | Total Liabilities and Members' (Deficit) | $ 158,198 | $ 202,227 |
STATEMENTS OF OPERATIONS AND MEMBERS' (DEFICIT) MR. SANDLESS FRANCHISE, LLC
| YEARS ENDED DECEMBER 31 | ||
|---|---|---|
| 2022 | 2021 | |
| Revenues | ||
| Royalties | $ 685,356 | $ 596,025 |
| Franchise fees | 237,772 | 203,270 |
| Brand development fees | 121,257 | 120,449 |
| Materials | 208,782 | 110,000 |
| Other income | 16 |
Source: Item 21 — FINANCIAL STATEMENTS (FDD pages 41–42)
What This Means (2025 FDD)
According to Mr. Sandless's 2025 Franchise Disclosure Document, the members' distributions for 2022 were $36,253. This represents the amount of money distributed to the members or owners of the Mr. Sandless franchise business during that year. In 2021, the members' distributions were $52,041.
It's important to note that these distributions are not necessarily indicative of the profitability of individual Mr. Sandless franchise locations. Instead, they reflect the financial decisions made at the LLC level regarding how profits are allocated among its members. A prospective franchisee should consider these figures in the context of the overall financial health of the Mr. Sandless franchise system.
Reviewing the trend in members' distributions over several years, as presented in the financial statements, can offer insights into the financial management practices of Mr. Sandless. However, a potential franchisee should also focus on the revenue and expense figures to assess the potential profitability of their own franchise location.