What was the net value of property and equipment reported for Carbones Pizzeria?
Carbones_Pizzeria Franchise · 2025 FDDAnswer from 2025 FDD Document
Property and equipment are stated at cost less accumulated depreciation and amortization and are depreciated or amortized using the straight-line method. Property and equipment is comprised of furniture and equipment, and vehicles which will be depreciated over five to seven years and leasehold improvements over the shorter of the lease term or the life of the asset.
Source: Item 22 — CONTRACTS (FDD page 30)
What This Means (2025 FDD)
Based on the 2025 Franchise Disclosure Document, the provided excerpts do not contain the specific net value of property and equipment for Carbones Pizzeria. However, the FDD does provide information on how Carbones Pizzeria accounts for property and equipment.
The accounting policies state that property and equipment are recorded at cost, with deductions for accumulated depreciation and amortization. The depreciation or amortization is calculated using the straight-line method. The assets included under this category are furniture, equipment, and vehicles, which are depreciated over five to seven years. Leasehold improvements are depreciated over the shorter of the lease term or the asset's life.
To obtain the specific net value of property and equipment, a prospective Carbones Pizzeria franchisee should review the complete financial statements within the FDD or request this information directly from the franchisor. This figure is important for understanding the company's asset base and financial health.