What was the reported amount for 'Accounts receivable-related party' for Carbones Pizzeria?
Carbones_Pizzeria Franchise · 2025 FDDAnswer from 2025 FDD Document
Accounts receivable for continuing franchise fee royalties from franchisees are due on or before the first day of each week for the sales during the preceding week and accounts receivable for advertising fee royalties from franchisees are due on or before Tuesday of each week for the sales during the preceding week. All receivables not received on time receive additional scrutiny from management and may be charged interest at rates up to 12% annually. Accounts receivable are occasionally written-off on a case by case basis.
Source: Item 22 — CONTRACTS (FDD page 30)
What This Means (2025 FDD)
I am unable to provide the specific amount for 'Accounts receivable-related party' from the 2025 Carbones Pizzeria Franchise Disclosure Document (FDD). While the provided excerpts from Item 22 discuss accounts receivable in general, including policies for continuing franchise fee royalties and advertising fee royalties, they do not contain a specific figure for 'Accounts receivable-related party'.
Item 22 of the FDD does detail the company's accounting practices, including revenue recognition, advertising expenses, and income taxes. It also explains how accounts receivable from franchisees are managed, including due dates and potential interest charges for late payments. This information is useful for understanding the financial operations of Carbones Pizzeria and how franchisees' payments are handled.
To obtain the 'Accounts receivable-related party' amount, it is recommended that a prospective Carbones Pizzeria franchisee carefully review the complete financial statements within the 2025 FDD or request this specific information from the franchisor directly. Understanding this figure can provide insights into the financial relationships between Carbones Pizzeria and its related entities.