What was the income for Mr. Sandless from 'Online Product Sales' during January-February 25?
Mr_Sandless Franchise · 2025 FDDAnswer from 2025 FDD Document
| Jan - Feb 25 | |
|---|---|
| Ordinary Income/Expense | |
| Income | |
| 1 Direct Income | |
| E. Other | |
| 4003 · Administration Fees | 7,697.12 |
| 4106 · Online Product Sales | 50.00 |
| Total E. Other | 7,747.12 |
| 4001 · A. Franchise Fees | 45,000.00 |
| 4006 · C. Franchise Royalty Fees | 125,579.55 |
| Total 1 Direct Income | 178,326.67 |
| 3 Pass Through Income | |
| Gmail email | 1,690.00 |
| 4004 · Advertising Fund | 14,984.03 |
| 4008 · Franchise Kits | 50,000.00 |
| 4011 · NTFN | 2,194.00 |
| Total 3 Pass Through Income | 68,868.03 |
| 4024 · Credit | 50.00 |
| Total Income | 247,244.70 |
| Cost of Goods Sold | |
| 5002 · Carpentry Supplies | 389.51 |
| 5003 · Franchise Kits | 8,597.80 |
| Total COGS | 8,987.31 |
| Gross Profit | 238,257.39 |
| Expense | |
| Merchant deposit fees | 1,845.07 |
| Payroll | 110,594.77 |
| 6039 · Payroll Expenses - Gross | 13,256.47 |
| Payroll - Other | |
| Total Payroll | 123,851.24 |
| Payroll taxes | |
| 6040 · FUTA | 230.25 |
| 6041 · PaUC | 2,374.87 |
| 6042 · S.S. & Medicare | 8,398.79 |
| Payroll taxes - Other | 3,023.01 |
| Total Payroll taxes | 14,026.92 |
| Returned Check | |
| Insuff. Funds | 658.51 |
| Total Returned Check | 658.51 |
| 6001 · Advertising | |
| 5005 · Printed Materials | 100.00 |
| 6003 · Franchise | 565.00 |
| 6004 · Google | 8,693.05 |
| 6005 · Microsoft | 16,354.19 |
| 6006 · NTFN | 4,522.89 |
| 6001 · Advertising - Other | 750.00 |
| Total 6001 · Advertising | 30,985.13 |
| 6012 · Automobile Expense | 1,696.03 |
| 6015 · Fuel | |
| Total 6012 · Automobile Expense | 1,696.03 |
Source: Item 21 — FINANCIAL STATEMENTS (FDD pages 41–42)
What This Means (2025 FDD)
According to Mr. Sandless's 2025 Franchise Disclosure Document, the income from online product sales for the period of January through February 2025 was $50.00. This figure is part of the 'Other' income category, which totaled $7,747.12 for the same period. The total direct income for Mr. Sandless during this period, including franchise fees and royalties, was $178,326.67. The total income, including pass-through income and credit, amounted to $247,244.70.
For a prospective franchisee, the online product sales income represents a small fraction of Mr. Sandless's overall revenue. The majority of the income is derived from franchise fees and royalty fees. This suggests that the primary revenue stream for Mr. Sandless is from its franchisees rather than direct online sales.
It is important to note that the financial statement provided covers only a two-month period. Franchisees should consider this snapshot in the context of the entire year's performance to understand seasonal variations and trends in income streams. Understanding the contribution of online product sales relative to other income sources can help franchisees assess the potential for growth in different areas of the business.