How many shares did Carbones Pizzeria have outstanding as of October 31, 2023?
Carbones_Pizzeria Franchise · 2025 FDDAnswer from 2025 FDD Document
| Shares | Amount | paid in capital | Earnings | stock | Equity | |
|---|---|---|---|---|---|---|
| Balance, October 31, 2023 | 2,500 | $ 2,500 | $ 266,117 | $ 887,390 | $ (34,556) | $ 1,121,451 |
Source: Item 23 — RECEIPTS (FDD pages 30–116)
What This Means (2025 FDD)
According to Carbones Pizzeria's 2025 Franchise Disclosure Document, the company had 2,500 shares outstanding as of October 31, 2023. The value of these shares was listed at $2,500, with additional paid-in capital of $266,117 and earnings of $887,390. The stock equity was reported as a negative $34,556, resulting in total equity of $1,121,451.
This information is part of the equity section of the balance sheet, providing a snapshot of the company's financial structure at that specific date. It shows the number of shares issued and the accumulated earnings and investments that make up the company's equity.
For a prospective franchisee, this indicates the ownership structure of Carbones Pizzeria and provides insight into the company's financial health and how it's capitalized. Understanding the share structure can be useful in assessing the stability and potential future direction of the franchise.