What was the reported net income for Beggars Pizza in 2023?

According to Beggars Pizza's 2025 Franchise Disclosure Document, Item 21 includes the company's audited financial statements. These statements include the balance sheets, statements of income, member's equity, and cash flows for 2023. However, the specific net income figure for 2023 is not present in the provided excerpts.

While the excerpts do include independent auditor's reports and summaries of significant accounting policies, they do not contain the actual income statement data that would show Beggars Pizza's net income for 2023. The auditor's reports confirm that the financial statements were audited and present fairly the financial position of Beggars Pizza, but the reports themselves do not disclose the net income amount.

A prospective franchisee should carefully review the full audited financial statements in Exhibit A of the FDD to determine Beggars Pizza's net income for 2023. Understanding the company's profitability is crucial for assessing the financial viability of investing in a Beggars Pizza franchise.

To gain a comprehensive understanding of Beggars Pizza's financial performance, a potential franchisee should analyze the complete income statement, balance sheet, and cash flow statement. This analysis, along with discussions with existing franchisees, can provide valuable insights into the potential risks and rewards of investing in a Beggars Pizza franchise.