What was the reported inventory change for Mr. Sandless at the end of the year 2021?
Mr_Sandless Franchise · 2025 FDDAnswer from 2025 FDD Document
expenses | 1,511,123 | 1,060,753 | | Net Income (Loss) | (90,611) | 63,998 | | Members' (Deficit) - Beginning | (76,192) | (88,149) | | Members' (Distributions) | (36,253) | (52,041) | | Members' (Deficit) - Ending | $ (203,056) | $ (76,192) |
MR. SANDLESS FRANCHISE, LLC STATEMENT OF CASHFLOWS
| YEARS ENDED DECEMBER 31 | |||
|---|---|---|---|
| 2022 | 2021 | ||
| Cash Flows from Operating Activities: |
Source: Item 21 — FINANCIAL STATEMENTS (FDD pages 41–42)
What This Means (2025 FDD)
According to Mr. Sandless's 2025 Franchise Disclosure Document, the inventory change at the end of 2021 was reported within the statement of cash flows. Specifically, the FDD indicates that there was no change in inventory for Mr. Sandless during the year 2021.
This means that the amount of inventory Mr. Sandless held at the beginning of 2021 was the same as the amount held at the end of 2021. For a prospective franchisee, this could indicate that Mr. Sandless maintains a lean inventory management system, or that inventory is not a significant factor in the business operations.
It is important to note that this figure reflects the change in inventory at the corporate level for Mr. Sandless, and may not directly translate to the inventory management practices of individual franchisees. Franchisees should inquire about recommended inventory levels and management strategies during their due diligence process.