What were the total royalty revenues for the Mr. Sandless franchise in 2024?

The 2025 Franchise Disclosure Document for Mr. Sandless does not explicitly state the total royalty revenues for 2024. However, Item 21 includes the company's audited financial statements for the years ended December 31, 2024, December 31, 2023, and December 31, 2022. These statements should contain details of the company's revenues, including royalties. Notes to the financial statements describe how Mr. Sandless recognizes revenue from franchise fees and royalties. The franchise agreements include licenses that provide for payments of initial fees and continuing royalties based on a percentage of sales.

A prospective franchisee should carefully review the audited financial statements within Item 21, specifically the income statement or statement of operations, to find the exact figure for royalty revenues in 2024. If the royalty revenues are not explicitly broken out, it may be included within a more general revenue category.

It would be prudent for a potential Mr. Sandless franchisee to ask the franchisor directly for clarification on the royalty revenues for 2024 if it is not clearly stated in the financial statements. Understanding the royalty revenue trend is crucial for assessing the financial stability and performance of the franchise system.