What was the interest expense for Carbones Pizzeria?
Carbones_Pizzeria Franchise · 2025 FDDAnswer from 2025 FDD Document
tockholder's equity | $ 1,454,272 |
Consolidated Statement of Operations For the Year Ended October 31, 2024
| Royalties | $ 980,131 |
|---|---|
| Company restaurant sales | 726,642 |
| Advertising fund revenues | 289,604 |
| Rebate revenue | 159,266 |
| Total revenues | 2,155,643 |
| Cost of company restaurant sales | |
| Food and beverage | 226,979 |
| Labor | 624,395 |
| Direct expenses | 191,618 |
| Total cost of company restaurant sales | 1,042,992 |
| Operating expenses | |
| Marketing and advertising | 237,855 |
| General and administrative | 735,475 |
| Total operating expenses | 973,330 |
| Income from operations | 139,321 |
| Other income (expense) | |
| Interest income | 35,160 |
| Interest expense | (4,108) |
| Other income | (39,824) |
| Loss on disposition of property and equipment | (123) |
| Total other in |
Source: Item 22 — CONTRACTS (FDD page 30)
What This Means (2025 FDD)
According to Carbones Pizzeria's 2025 Franchise Disclosure Document, the company's interest expense for the year ended October 31, 2024, was ($4,108). This figure is part of the broader financial statement detailing the company's revenues, expenses, and income. It is important to note that this interest expense is a component of the 'Other income (expense)' section, which also includes interest income, other income, and loss on disposition of property and equipment.
For a prospective Carbones Pizzeria franchisee, understanding the franchisor's financial performance is crucial. The interest expense can provide insights into the company's debt management and financial leverage. A lower interest expense might indicate that the company has less debt or has secured favorable interest rates, which could reflect positively on its financial stability.
However, it is essential to consider this figure in the context of the company's overall financial health. Franchisees should review the complete financial statements, including revenue, other expenses, and net income, to gain a comprehensive understanding of the franchisor's financial performance and stability. Additionally, prospective franchisees should compare these figures with previous years and industry benchmarks to assess the franchisor's financial trends and relative performance.