What was the total 'Pass Through Income' for Mr. Sandless during January-February 25?
Mr_Sandless Franchise · 2025 FDDAnswer from 2025 FDD Document
| Jan - Feb 25 | |
|---|---|
| Ordinary Income/Expense | |
| Income | |
| 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 |
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 'Pass Through Income' for January through February 2025 was $68,868.03. This income is comprised of several components: $1,690.00 from Gmail email, $14,984.03 from the Advertising Fund, $50,000.00 from Franchise Kits, and $2,194.00 from NTFN.
'Pass Through Income' represents revenue that Mr. Sandless collects and then distributes to other entities or uses for specific purposes, rather than retaining it as profit. For a prospective franchisee, understanding the components of this income is crucial. The advertising fund contribution indicates a portion of revenue is allocated to marketing efforts, which benefits all franchisees. The inclusion of 'Franchise Kits' suggests that franchisees may be involved in the sale or distribution of these kits, contributing to this pass-through income.
The NTFN line item is not defined in the excerpt, so a prospective franchisee should seek clarification from Mr. Sandless regarding what NTFN represents and how it impacts their financial obligations or potential revenue streams. Knowing the specifics of each component allows a franchisee to better assess the overall financial structure and potential profitability of a Mr. Sandless franchise.