What was the total amount of cash and cash equivalents held by Carbones Pizzeria?
Carbones_Pizzeria Franchise · 2025 FDDAnswer from 2025 FDD Document
dentified during the audit.
Arcadia, California
May 31, 2024
M&T PIZZA INCORPORATED AND SUBSIDIARIES Consolidated Balance Sheet October 31, 2023
Assets
| Cash and cash equivalents | $ 161,252 |
|---|---|
| Accounts receivable, net of allowance for doubtful accounts of $109,133 | 287,928 |
| Due from stockholder | 492,605 |
| Accounts receivable, related party | 107,489 |
| Inventory | 3,650 |
| Prepaid expenses | 19,005 |
| Total current assets | 1,071,929 |
| Note receivable | 60,500 |
| Deferred tax assets | 13,000 |
| Property and equipment, net | 164,212 |
| Total assets | $ 1,309,641 |
| Liabilities and Stockholder's Equity | |
| Current liabilities: | |
| Loan payable, current portion | $ 29,854 |
| Accounts payable and accrued expenses | 31,744 |
| Income taxes payable | 113,000 |
| Total current liabilities | 174,598 |
| Loan payable, net of current portion | 13,592 |
| Total liabilities | 188,190 |
| Commitments and contingencies (Note 5) | |
| Stockholder's equity | |
| Common stock, $1.00 par value, 25,000 shares authorized, | |
| 2,500 shares issued and outstanding | 2,500 |
| Additional paid-in-capital | 266,117 |
| Retained earnings | 887,390 |
| Treasury stocks, at cost | (34,556) |
| Total stockholder's equity | 1,121,451 |
| Total liabilities and stockholder's equity | $ 1,309,641 |
**Consolidated
Source: Item 22 — CONTRACTS (FDD page 30)
What This Means (2025 FDD)
According to Carbones Pizzeria's 2025 Franchise Disclosure Document, the company had $161,252 in cash and cash equivalents as of October 31, 2023. This figure represents the total amount of liquid assets readily available to Carbones Pizzeria for meeting its short-term obligations and operational expenses.
For a prospective franchisee, understanding the franchisor's cash position is crucial. A healthy cash balance indicates financial stability and the ability to support franchisees during challenging times or invest in system-wide improvements. It also reflects the franchisor's capacity to manage its own financial obligations and potentially offer assistance or incentives to franchisees.
However, it's important to note that this figure is a snapshot in time. Franchisees should also review Carbones Pizzeria's overall financial statements, including the balance sheet, income statement, and cash flow statement, to assess the franchisor's long-term financial health and performance. Analyzing trends over multiple years can provide a more comprehensive understanding of the franchisor's financial stability and growth potential.