On what page of the Carbones Pizzeria financial statements can I find the Consolidated Statement of Operations?
Carbones_Pizzeria Franchise · 2025 FDDAnswer from 2025 FDD Document
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.
Basis of Opinion
Source: Item 22 — CONTRACTS (FDD page 30)
What This Means (2025 FDD)
According to the 2025 Carbones Pizzeria Franchise Disclosure Document, the Consolidated Statement of Operations for the year ending October 31, 2024, can be found within the audited consolidated financial statements. The Independent Auditor's Report indicates that the audit by DNJ & Associates includes the consolidated statements of operations, changes in stockholder's equity, and cash flows. The image file name "_page_64_Picture_0.jpeg" suggests that this information is located on page 64 of the FDD.
Prospective franchisees should review these statements carefully to understand the financial performance of Carbones Pizzeria. The consolidated statement of operations provides insights into the company's revenues, expenses, and profitability over the specified period.
Understanding the financial statements is crucial for assessing the financial health and stability of Carbones Pizzeria. Franchisees should also consult with a financial advisor to fully understand the implications of these statements.