What was the total income for Mr. Sandless from 'A. Franchise Fees' 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 total income from 'A. Franchise Fees' for the period of January through February 2025 was $45,000. This figure represents the income Mr. Sandless received directly from franchise fees during this two-month period. This is a component of the total direct income, which also includes other income sources such as administration fees and franchise royalty fees. Franchise fees are typically one-time initial payments made by new franchisees to Mr. Sandless.
For a prospective franchisee, this indicates the level of revenue Mr. Sandless generates from initial franchise fees within a specific timeframe. It's important to note that this is just one component of Mr. Sandless's overall revenue streams, which also include royalties, advertising fees, and other sources. The $45,000 figure should be considered in conjunction with other financial data provided in the FDD to gain a comprehensive understanding of Mr. Sandless's financial performance.
It is important to consider that the financial statement is prepared without an audit. Prospective franchisees should be advised that no independent certified public accountant has audited these figures or expressed an opinion with regard to the content or form.