What was the net 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 net income for the year ended October 31, 2024, was $62,426. This figure represents the company's profit after all revenues and expenses, including the income tax benefit, have been accounted for.
Understanding the net income is crucial for potential franchisees as it provides insight into the financial performance and profitability of Carbones Pizzeria. It reflects the effectiveness of the company's operations and its ability to generate profit. A higher net income generally indicates a more financially stable and successful franchise system.
It is important to note that this net income is based on the company's operations, which include royalties, company restaurant sales, advertising fund revenues, and rebate revenue. Prospective franchisees should consider this information in conjunction with other financial data and market research to assess the potential profitability of their own Carbones Pizzeria franchise.