What was the income before provision for income taxes for Carbones Pizzeria?
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 |
Source: Item 22 — CONTRACTS (FDD page 30)
What This Means (2025 FDD)
According to the 2025 FDD, Carbones Pizzeria's income before provision for income taxes for the year ended October 31, 2023, was $279,901. This figure represents the company's earnings before any deductions for income taxes, providing a view of the company's operational profitability before considering tax implications. This is an important metric for potential franchisees to consider when evaluating the financial health and potential profitability of the Carbones Pizzeria franchise system.
In comparison, the income before provision for income taxes for the year ended October 31, 2022, was $20,602. The FDD also shows that the income before provision for income taxes for the year ended October 31, 2024, was $130,426.
These figures are derived from the consolidated financial statements, which include revenues from royalties, company restaurant sales, advertising fund revenues, and rebate revenue, less the costs associated with company restaurant sales and operating expenses. Reviewing these figures over multiple years can help prospective franchisees understand the potential variability in income and the factors that influence it.