What were the total revenues for Mr. Sandless for the year ended December 31, 2022?
Mr_Sandless Franchise · 2025 FDDAnswer from 2025 FDD Document
Exhibit B of this franchise disclosure document contains our audited financial statements for the periods ended December 31, 2024, December 31, 2023, and December 31, 2022. Also attached are our unaudited financial statements as of February 28, 2025.
Source: Item 21 — FINANCIAL STATEMENTS (FDD pages 41–42)
What This Means (2025 FDD)
Based on the 2025 Franchise Disclosure Document, Mr. Sandless's financial statements are included in Exhibit B. However, the specific total revenues for the year ended December 31, 2022, are not explicitly stated within the provided excerpts.
The excerpts do provide some related financial information. For example, the company collected $121,257 in marketing fees for the year ending December 31, 2022, and expensed $220,469 on brand name marketing during the same period. Additionally, the non-refundable franchise fees received but not yet earned as of December 31, 2022, were $360,810.
To determine the total revenues for Mr. Sandless for the year ended December 31, 2022, a prospective franchisee should review the complete audited financial statements in Exhibit B of the FDD. If the information is not present, the prospective franchisee should directly ask the franchisor for this information.