What is the date of the auditor's report for Mr. Sandless Franchise, LLC?
Mr_Sandless Franchise · 2025 FDDAnswer from 2025 FDD Document
[Item 21: FINANCIAL STATEMENTS]
__________________________________________________________________________
MUHAMMAD ZUBAIRY, CPA PC
Certified Public Accountant 646.327.7013
INDEPENDENT AUDITOR'S REPORT
To the Members of Mr. Sandless Franchise, LLC
Opinion
We have audited the financial statements of Mr. Sandless Franchise, LLC which comprises the balance sheets as of December 31, 2024 and 2023, and the related statements of operations, and changes in members' deficit and cash flows for the years then ended, and the related notes to the financial statements.
In our opinion, the accompanying financial statements referred to above present fairly, in all material respects, the financial position of Mr. Sandless Franchise, LLC as of December 31, 2024 and 2023, and the results of its operations and its cash flows for the for 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 Auditor's Responsibilities for the Audit of the Financial Statements section of our report. We are required to be independent of Mr. Sandless Franchise, LLC 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 basisfor our audit opinion.
Responsibilities of Management for the Financial Statements
[Item 21: FINANCIAL STATEMENTS]
__________________________________________________________________________
MONIS J. SIDDIQUI, CPA P.C.
Certified Public Accountant 917.309.5670
INDEPENDENT AUDITOR'S REPORT
To the Members of Mr. Sandless Franchise, LLC
Opinion
We have audited the financial statements of Mr. Sandless Franchise, LLC which comprises the balance sheets as of December 31, 2022, and 2021, and the related statements of operations, and changes in members' deficit and cash flows for the years then ended, and the related notes to the financial statements.
In our opinion, the accompanying financial statements referred to above present fairly, in all material respects, the financial position of Mr. Sandless Franchise, LLC as of December 31, 2022, and 2021, and the results of its operations and its cash flows for the for 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 Auditor's Responsibilities for the Audit of the Financial Statements section of our report. We are required to be independent of Mr. Sandless Franchise, LLC 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 basisfor our audit opinion.
Responsibilities of Management for the Financial Statements
Source: Item 21 — FINANCIAL STATEMENTS (FDD pages 41–42)
What This Means (2025 FDD)
According to Mr. Sandless's 2025 Franchise Disclosure Document, the financial statements include reports from two different auditors covering different periods. Muhammad Zubairy, CPA PC, provided an independent auditor's report for the balance sheets as of December 31, 2024 and 2023. Monis J. Siddiqui, CPA P.C., issued a report covering the balance sheets as of December 31, 2022 and 2021.
It is important to note that while the balance sheet dates are provided, the FDD does not explicitly state the date each auditor signed or issued their report. Typically, an auditor's report is dated close to the completion of the audit, which would be after the balance sheet date.
A prospective Mr. Sandless franchisee should confirm with the franchisor the exact dates of the independent auditor's reports to understand the timeline of the audit process and ensure the financial statements are current and reliable for making an informed investment decision.