What is the date of the Mr. Sandless balance sheet?
Mr_Sandless Franchise · 2025 FDDAnswer from 2025 FDD Document
at which the financial statements were available to be issued.
THESE FINANCIAL STATEMENTS ARE PREPARED WITHOUT AN AUDIT. PROSPECTIVE FRANCHISEES OR SELLERS OF FRANCHISES SHOULD BE ADVISED THAT NO INDEPENDENT CERTIFIED PUBLIC ACCOUNTANT HAS AUDITED THESE FIGURES OR EXPRESSED AN OPINION WITH REGARD TO THE CONTENT OR FORM.
7:52 PM Mr. Sandless Franchise LLC 04/15/25 Balance Sheet
Accrual Basis As of February 28, 2025
| Feb 28, 25 | |
|---|---|
| ASSETS | |
| Current Assets | |
| Checking/Savings | |
| 1001AA TD Bank Checking | 14,975.35 |
| 1A Savings Account | 5,161.09 |
| 1004 · 1 |
Source: Item 21 — FINANCIAL STATEMENTS (FDD pages 41–42)
What This Means (2025 FDD)
According to Mr. Sandless's 2025 Franchise Disclosure Document, the balance sheet is as of February 28, 2025. The document, generated on April 15, 2025, at 7:52 PM, includes financial information compiled on an accrual basis.
It's important to note that these financial statements are prepared without an audit. This means that an independent certified public accountant has not audited the figures or expressed an opinion on their accuracy or form.
A prospective Mr. Sandless franchisee should be aware of this and consider the implications of relying on unaudited financial statements when making investment decisions. It is advisable to carefully review these statements and potentially seek professional financial advice to fully understand the financial position of Mr. Sandless.