What were the total operating expenses for Beggars Pizza in 2021, as restated?
Beggars_Pizza Franchise · 2025 FDDAnswer from 2025 FDD Document
| 40,444 | | Members' equity | 201,534 | 232,400 | | Total liabilities and members' equity | $ 290,074 | $ 272,844 |
Statement of Income For the Year Ended December 31, Beggars Pizza Franchise, LLC
| 2022 | 2021 (As Restated) |
|---|
Source: Item 21 — FINANCIAL STATEMENTS (FDD page 39)
What This Means (2025 FDD)
According to Beggars Pizza's 2025 Franchise Disclosure Document, the company's operating expenses for 2021, as restated, can be found in the provided financial statements. The table shows that management fees, a component of operating expenses, were $412,706 in 2021.
However, the provided excerpt only lists 'Management fees' as part of the operating expenses. To determine the total operating expenses for Beggars Pizza in 2021, a prospective franchisee would need to see a complete itemization of all operating expenses included in the financial statements.
Therefore, a potential Beggars Pizza franchisee should request a full, detailed income statement from the franchisor. This statement would list each type of operating expense (such as rent, salaries, advertising, etc.) and their corresponding amounts for 2021, allowing for the calculation of total operating expenses.