What was the interest income 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 |
Source: Item 22 — CONTRACTS (FDD page 30)
What This Means (2025 FDD)
According to Carbones Pizzeria's 2025 Franchise Disclosure Document, the interest income for the year ended October 31, 2024, was $35,160. This income is categorized under "Other income (expense)" in the consolidated financial statements. It is important to note that this figure is part of a larger section detailing various income and expense items, which ultimately contribute to the net income of Carbones Pizzeria.
Interest income represents earnings from the company's cash balances, investments, or other interest-bearing accounts. For a prospective franchisee, understanding the sources of income and expenses provides insight into the financial health and operational efficiency of Carbones Pizzeria. This information, combined with other financial data, can help potential franchisees assess the overall profitability and stability of the franchise system.
The FDD also lists other income and expense items, such as royalties ($980,131), company restaurant sales ($726,642), advertising fund revenues ($289,604), rebate revenue ($159,266), interest expense ($4,108), and other income ($39,824). Reviewing these figures in totality provides a comprehensive view of the financial performance of Carbones Pizzeria. Franchisees should analyze these figures in relation to their own potential investment and operating costs to project their potential returns.