For the Carbones Pizzeria financial statements, what is the name of the company and its subsidiaries mentioned in the FDD?

According to the 2025 Carbones Pizzeria Franchise Disclosure Document, the consolidated financial statements include M & T Pizza Incorporated (M&T), a Minnesota corporation, and its wholly-owned subsidiaries, Carbone & Sons, Inc. (C&S), a Minnesota corporation, and Carbone Pizza, Inc. (CPI), a Minnesota corporation. The financial statements provided are consolidated, meaning that the financial results of the parent company, M & T Pizza Incorporated, and its subsidiaries are combined into one report. This gives a comprehensive view of the financial health of the entire Carbones Pizzeria organization.

The FDD specifies that all material intercompany accounts and transactions have been eliminated during consolidation. This accounting practice ensures that the financial statements accurately reflect the performance of the overall economic entity, without inflating figures due to transactions between related companies.

For a prospective Carbones Pizzeria franchisee, understanding the structure of the parent company and its subsidiaries can provide insight into the overall organization and potential financial stability of the franchise system. It is important to note that these entities are corporations within Minnesota, which may have implications for legal and regulatory compliance.