What was the net income for Carbones Pizzeria between October 31, 2022, and October 31, 2023?

Based on the 2025 Franchise Disclosure Document, the net income for Carbones Pizzeria between October 31, 2022, and October 31, 2023, is not explicitly stated. The provided excerpts from the FDD focus on various accounting policies, revenue recognition methods, advertising expenses, and income taxes. While advertising expenses for the year ended October 31, 2023, are mentioned as $278,545, and for the year ended October 31, 2022, are approximately $506,000, these figures do not provide a comprehensive view of the company's overall profitability. The document also details that the company generates revenue primarily from restaurant royalties and franchise fees from franchised Carbone's Pizzeria locations, as well as from the operation of a company-owned franchise in Minnesota. However, the specific net income is not disclosed in this section.

To gain a clear understanding of the financial performance of Carbones Pizzeria, a prospective franchisee should carefully review the complete financial statements included in the FDD. This includes the income statement, balance sheet, and statement of cash flows. These statements would provide a detailed breakdown of revenues, expenses, and ultimately, the net income for the periods in question.

Without the net income figure, it is difficult to assess the financial health and profitability of Carbones Pizzeria. A potential franchisee should request this information from the franchisor and consult with a financial advisor to evaluate the investment opportunity thoroughly. Understanding the net income is crucial for making an informed decision about investing in a Carbones Pizzeria franchise.