table_specific

As of what date is the Mr. Sandless balance sheet presented?

Mr_Sandless Franchise · 2025 FDD

Answer 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.

Source: Item 21 — FINANCIAL STATEMENTS (FDD pages 41–42)

What This Means (2025 FDD)

According to the 2025 Mr. Sandless Franchise Disclosure Document, the balance sheet is presented as of February 28, 2025. This balance sheet was generated on April 15, 2025, at 7:52 PM, and is based on the accrual basis of accounting.

It's important to note that the financial statements included in the FDD are unaudited. The document explicitly advises prospective franchisees that no independent certified public accountant has audited these figures or expressed an opinion on their content or form. This means that the financial information provided has not been independently verified for accuracy or compliance with accounting standards.

As a prospective franchisee, it would be prudent to carefully review these unaudited financial statements with a financial advisor. Understanding the financial health of Mr. Sandless is crucial in evaluating the risks and opportunities associated with investing in a franchise. You may also want to request additional financial information or clarification from Mr. Sandless to supplement the information provided in the FDD.

Disclaimer: This information is extracted from the 2025 Franchise Disclosure Document and is provided for research purposes only. It does not constitute legal or financial advice. Consult with a franchise attorney before making any investment decisions.