Approximately how much are the monthly principal and interest payments for the Carbones Pizzeria franchisee's note receivable?
Carbones_Pizzeria Franchise · 2025 FDDAnswer from 2025 FDD Document
excess of the federally insured limits.
M&T had sales to and receivables outstanding from significant customers. Two customers have 16% and 10% of total accounts receivable at October 31, 2022. No customers had sales in excess of 10 % of
Source: Item 22 — CONTRACTS (FDD page 30)
What This Means (2025 FDD)
According to the 2025 Carbones Pizzeria Franchise Disclosure Document, as of October 31, 2022, the company holds a note receivable from a franchisee amounting to $60,500. This note carries an interest rate of 4.5%.
The FDD specifies that the monthly payments, covering both principal and interest, are set at approximately $1,000. These payments were scheduled to commence in March 2024.
For a prospective Carbones Pizzeria franchisee, this indicates that under certain financing arrangements, they might encounter similar note receivable terms. Understanding the interest rate and payment schedule is crucial for managing their financial obligations to Carbones Pizzeria.