What was the cost of food and beverage for Carbones Pizzeria company restaurants?
Carbones_Pizzeria Franchise · 2025 FDDAnswer from 2025 FDD Document
der's equity | 1,121,451 | | Total liabilities and stockholder's equity | $ 1,309,641 |
Consolidated Statement of Operations For the Year Ended October 31, 2023
| Royalties | $ 906,513 |
|---|---|
| Company restaurant sales | 765,521 |
| Advertising fund revenues | 268,596 |
| Rebate revenue | 140,146 |
| Total revenues | 2,080,776 |
| Cost of company restaurant sales | |
| Food and beverage | 288,977 |
| Labor | 602,817 |
| Direct expenses | 174,042 |
| Total cost of company restaurant sales | 1,065,836 |
| Operating expenses | |
| Marketing and advertising | 278,545 |
| General and administrative | 571,564 |
| Total operating expenses | 850,109 |
| Income from operations | 164,831 |
| Other income | 115,070 |
| Income before provision for income taxes | 279,901 |
| Provision for income taxes | 100,000 |
| Net income | $ 179,901 |
M&T PIZZA INCORPORATED AND SUBSIDIARIES Consolidated Statement of Changes in Stockholder's Equity For the Year Ended October 31, 2023
| Commo Shares | on Stock Amount | Common Stock nares Amount | Retained Earnings | Treasury stock | Total Equity | |||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance, October 31, 2022 | 2,500 | $ | 2,500 | $ 266,117 | $ | 707,489 | $ | (34,556) | $ | 941,550 | ||
| Net income | 179,901 | 179,901 | ||||||||||
| Balance, October 31, 2023 | 2,500 | $ | 2,500 | $ 266,117 | $ | 887,390 | $ | (34,556) | $ | 1,121,451 |
M&T PIZZA INCORPORATED AND SUBSIDIARIES Consolidated Statement of Cash Flows For the Year Ended October 31, 2023
| Net income | $ 179,901 |
|---|---|
| Adjustments to reconcile net income to net cash | |
| provided by operating activities | |
| Depreciation and amortization expense | 35,738 |
| Deferred income taxes |
Source: Item 22 — CONTRACTS (FDD page 30)
What This Means (2025 FDD)
According to Carbones Pizzeria's 2025 Franchise Disclosure Document, the cost of food and beverage for the company restaurant sales for the year ended October 31, 2023, was $288,977. For the year ended October 31, 2022, the cost was $226,979. For the year ended October 31, 2021, the cost was $83,354.
These figures represent the direct expenses Carbones Pizzeria incurred to supply food and beverages at its company-owned restaurants. These costs are a component of the total cost of company restaurant sales, which also includes labor and other direct expenses. Understanding these costs is crucial for prospective franchisees as it provides insight into the expenses associated with running a Carbones Pizzeria restaurant.
Prospective franchisees should consider these costs in conjunction with the revenue figures to assess the potential profitability of a Carbones Pizzeria franchise. While these figures are from company-owned restaurants, they can serve as a benchmark when forecasting expenses for a franchised location. It's important to note that costs can vary based on location, management efficiency, and other factors. Franchisees should conduct thorough due diligence and possibly consult with existing franchisees to gain a more comprehensive understanding of potential costs.