Where does Carbones Pizzeria primarily maintain its cash balances?

According to Carbones Pizzeria's 2025 Franchise Disclosure Document, the company primarily keeps its cash balances in one financial institution located in Minnesota. The FDD also notes that the company's cash balances may, at times, exceed the federally insured limits.

This indicates that a significant portion of Carbones Pizzeria's liquid assets are held in a single bank within Minnesota. While this may simplify banking operations for the franchisor, it also concentrates risk. If that particular financial institution were to face financial difficulties, Carbones Pizzeria's cash holdings could be affected, especially any amounts exceeding federal insurance limits.

For a prospective franchisee, this information is relevant for assessing the financial stability and risk management practices of Carbones Pizzeria. While the company states they do not anticipate any losses related to these balances, it is prudent to understand the potential implications of this concentration of cash holdings. It would be wise for a potential franchisee to inquire about the specific bank used and the measures Carbones Pizzeria takes to mitigate risks associated with balances exceeding insurance limits.