On what page of the Carbones Pizzeria financial statements is the Consolidated Balance Sheet located?
Carbones_Pizzeria Franchise · 2025 FDDAnswer from 2025 FDD Document
DNJ & ASSOCIATES
Certified Public Accountants 601 Las Tunas Drive, #108, Arcadia, CA 91007 310-989-8507 www.dnjassociates.com
Independent Auditor's Report
To the Stockholder M & T PIZZA INCORPORATED AND SUBSIDIARIES St. Paul, Minnesota
Opinion
We have audited the accompanying consolidated financial statements of M &T Pizza Incorporated and Subsidiaries (the "Company") (a Minnesota Corporation), which comprise the consolidated balance sheet as of October 31, 2024, and the related consolidated statements of operations, changes in stockholder's equity, and cash flows for the year then ended, and the related notes to consolidated financial statements.
In our opinion, the consolidated financial statements referred to above present fairly, in all material respects, the consolidated financial position of the Company as of October 31, 2024, and the consolidated results of its operations and cash flows for the year then ended in accordance with accounting principles generally accepted in the United States of America.
Source: Item 22 — CONTRACTS (FDD page 30)
What This Means (2025 FDD)
According to the 2025 Carbones Pizzeria FDD, the Consolidated Balance Sheet as of October 31, 2024, can be found as part of the audited consolidated financial statements. The audit report, which includes the opinion on these statements, is located on a page that has an image file name of _page_64_Picture_0.jpeg.
For prospective Carbones Pizzeria franchisees, this means that the financial health and position of the company can be reviewed within these statements. The balance sheet provides a snapshot of the company's assets, liabilities, and equity at a specific point in time, offering insights into its financial stability.
It is important to note that the audit was conducted by DNJ & Associates, and their opinion indicates that the financial statements present fairly the consolidated financial position of Carbones Pizzeria as of October 31, 2024, in accordance with accounting principles generally accepted in the United States of America. Reviewing these statements can help potential franchisees assess the financial risks and opportunities associated with investing in a Carbones Pizzeria franchise.