What was the amount of distributions for Beggars Pizza in 2023?
Beggars_Pizza Franchise · 2025 FDDAnswer from 2025 FDD Document
| 2024 | 2023 | ||
|---|---|---|---|
| Members' equity - beginning of year | $ 363,597 | $ 201,534 | |
| Net income | 621,660 | 800,280 | |
| Distributions | (598,225) | (638,217) | |
| Members' equity - end of year | $ 387,032 | $ 363,597 |
Source: Item 23 — RECEIPT (FDD pages 39–192)
What This Means (2025 FDD)
According to Beggars Pizza's 2025 Franchise Disclosure Document, the distributions for the company in 2023 were $(638,217). This indicates that Beggars Pizza distributed $638,217 to its members during that year.
Distributions typically represent the allocation of profits or capital from a company to its owners or members. In this case, the negative value suggests that the distributions exceeded the net income for the year or that the company used existing capital to fund the distributions.
A prospective franchisee should consider this information in the context of the company's overall financial performance and stability. Understanding the reasons behind the distributions and their impact on the company's financial health is crucial for making an informed investment decision.