What was the net income from operations before taxes for Burros Fries?
Burros_Fries Franchise · 2024 FDDAnswer from 2024 FDD Document
CHISE, INC. STATEMENT OF CASH FLOWS YEARS ENDED DECEMBER 31, 2022
| Net income | $ 152,513 |
|---|---|
| Adjustments to reconcile net income to net cash |
Source: Item 21 — FINANCIAL STATEMENTS (FDD page 53)
What This Means (2024 FDD)
The 2024 Franchise Disclosure Document for Burros Fries does not explicitly state the net income from operations before taxes. However, the document does include the net income for the year ended December 31, 2023, which was $152,513.
It is important to note that this figure represents the net income after all expenses and taxes. To determine the income from operations before taxes, a prospective franchisee would need to review the full financial statements and related notes, or directly request this information from Burros Fries.
Understanding the profitability and financial performance of Burros Fries is crucial for potential franchisees to assess the financial viability of the franchise opportunity. While the net income is provided, further details on operational income before taxes would offer a clearer picture of the core business's profitability before accounting for financial structure and tax implications.