What was the paid-in capital for Carbones Pizzeria as of October 31, 2024?
Carbones_Pizzeria Franchise · 2025 FDDAnswer from 2025 FDD Document
| Shares | Amount | paid in capital | Earnings | stock | Equity | |
|---|---|---|---|---|---|---|
| Balance, October 31, 2023 | 2,500 | $ 2,500 | $ 266,117 | $ 887,390 | $ (34,556) | $ 1,121,451 |
| Net income | - | - | - | 198,426 | - | 198,426 |
| Balance, October 31, 2024 | 2,500 | $ 2,500 | $ 266,117 | $ 1,085,816 | $ (34,556) | $ 1,319,877 |
Source: Item 23 — RECEIPTS (FDD pages 30–116)
What This Means (2025 FDD)
According to Carbones Pizzeria's 2025 Franchise Disclosure Document, the paid-in capital as of October 31, 2024, was $266,117. The document also provides a balance sheet detailing the shares, amount, earnings, stock, and equity for that date.
Specifically, the balance sheet shows that Carbones Pizzeria had 2,500 shares with a value of $2,500. The earnings were $1,085,816, and the stock was listed as ($34,556). The total equity was $1,319,877 as of October 31, 2024.
This information is useful for prospective franchisees as it provides a snapshot of the company's financial status at a specific point in time. Reviewing these figures can help potential franchisees assess the financial health and stability of Carbones Pizzeria before making a decision to invest in a franchise.