factual

What is the due date for the Mr. Sandless Advertising Fund contribution?

Mr_Sandless Franchise · 2025 FDD

Answer from 2025 FDD Document

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ITEM 6 OTHER FEES

Type of Fee Amount Due Date Remarks
Royalty Fee – Mr. Sandless Business 6% of Gross Sales or $600, whichever is greater No Royalty Fee for the first 3 months after opening, transfers not included. Then monthly, not later than the 15th day of each month Royalties are payable on your Gross Sales for the previous calendar month. If the 15th day of any month is not a business day, then payment is due on the next business day. See Note 1.
Advertising Fund 1% of Gross Sales Payable at the same time and in the same manner as the Royalty Fee You must contribute to our Advertisi

Source: Item 6 — OTHER FEES (FDD pages 10–13)

What This Means (2025 FDD)

According to Mr. Sandless's 2025 Franchise Disclosure Document, the Advertising Fund contribution, which is 1% of Gross Sales, is payable at the same time and in the same manner as the Royalty Fee. The Royalty Fee is due monthly, not later than the 15th day of each month.

Mr. Sandless franchisees must remit their Advertising Fund contributions monthly, aligning with the royalty payment schedule. This means franchisees need to calculate 1% of their gross sales from the previous month and submit it by the 15th of the current month.

The FDD specifies that if the 15th day of any month is not a business day, then payment is due on the next business day. This provides a slight flexibility for franchisees when the regular due date falls on a weekend or holiday. Franchisees should ensure they are aware of this clause to avoid late payment penalties.

It is important to note that the Mr. Sandless Advertising Fund is further described in Item 11 of the FDD, which would provide additional details on how the funds are used and managed. Franchisees should review Item 11 carefully to understand the purpose and scope of the Advertising Fund.

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.