What was the total value of Mr. Sandless's inventory at the end of 2024?
Mr_Sandless Franchise · 2025 FDDAnswer from 2025 FDD Document
ignificant audit findings, and certain internal control-related matters that we identified during the audit.
Muhammad Zubairy, CPA Valley Stream, NY April 1, 2025
MR. SANDLESS FRANCHISE, LLC BALANCE SHEETS
| ASSETS | ||||
|---|---|---|---|---|
| YEARS ENDED DECEMBER 31 | 2024 | 2023 | ||
| Current Assets |
Source: Item 21 — FINANCIAL STATEMENTS (FDD pages 41–42)
What This Means (2025 FDD)
According to Mr. Sandless's 2025 Franchise Disclosure Document, the value of their inventory at the end of 2024 was $8,013. The FDD provides a balance sheet detailing Mr. Sandless's assets and liabilities as of December 31, 2024, and December 31, 2023. This balance sheet is part of the company's audited financial statements.
For a prospective franchisee, understanding the inventory value can be important for assessing the company's financial health and how well it manages its assets. It's also worth noting that the inventory value remained the same from 2023 to 2024, which could indicate stable inventory management or potentially slow-moving stock.
Reviewing the complete financial statements, including the balance sheets, income statements, and cash flow statements, will give potential Mr. Sandless franchisees a more comprehensive view of the company's financial performance and stability. Consulting with a financial advisor is recommended to fully understand the implications of these figures.