What was the total amount of Retained Earnings for Carbones Pizzeria as of October 31, 2023?
Carbones_Pizzeria Franchise · 2025 FDDAnswer from 2025 FDD Document
| Net income | $ 179,901 |
M&T PIZZA INCORPORATED AND SUBSIDIARIES Consolidated Statement of Changes in Stockholder's Equity For the Year Ended October 31, 2023
| Commo Shares | on Stock Amount | Common Stock nares Amount | Retained Earnings | Treasury stock | Total Equity | |||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance, October 31, 2022 | 2,500 | $ | 2,500 | $ 266,117 | $ | 707,489 | $ |
Source: Item 22 — CONTRACTS (FDD page 30)
What This Means (2025 FDD)
According to Carbones Pizzeria's 2025 Franchise Disclosure Document, the Retained Earnings as of October 31, 2023, was $887,390. This figure represents the accumulated profits of Carbones Pizzeria that have been retained in the business rather than distributed as dividends to owners. Retained earnings are an important indicator of a company's financial health and its ability to reinvest in future growth.
For a prospective franchisee, understanding the retained earnings of Carbones Pizzeria can provide insight into the financial stability and profitability of the company. A healthy retained earnings balance suggests that the company has been successful in generating profits and managing its finances effectively. This can be reassuring for franchisees who are considering investing in the brand.
It's also worth noting that the balance sheet includes other key financial metrics such as common stock, additional paid-in capital, and treasury stock, which collectively provide a comprehensive view of the company's equity position. Reviewing these figures in conjunction with retained earnings can offer a more complete understanding of Carbones Pizzeria's overall financial strength and its capacity to support its franchisees.