What was the total balance for Carbones Pizzeria on October 31, 2021?
Carbones_Pizzeria Franchise · 2025 FDDAnswer from 2025 FDD Document
| Balance, October 31, 2021 | 2,500 | $ 2,500 | $ 266,117 | $ 543,701 | $ (34,556) | $ 777,762 |
|---|---|---|---|---|---|---|
| Net income | - | - | - | 163,788 | - | 163,788 |
| Balance, October 31, 2022 | 2,500 | $ 2,500 | $ 266,117 | $ 707,489 | $ (34,556) | $ 941,550 |
Source: Item 23 — RECEIPTS (FDD pages 30–116)
What This Means (2025 FDD)
According to Carbones Pizzeria's 2025 Franchise Disclosure Document, the balance on October 31, 2021, was detailed in Item 23, Receipts. The provided table shows a breakdown of different financial components contributing to the overall equity.
Specifically, the balance on October 31, 2021, was comprised of several elements: 2,500 shares, an amount of $2,500, paid-in capital of $266,117, earnings of $543,701, and stock valued at $(34,556). When these components are combined, the total balance for Carbones Pizzeria on October 31, 2021, amounted to $777,762.
Prospective franchisees can use this information to understand the financial structure and equity composition of Carbones Pizzeria. Reviewing these figures over several years, as presented in the FDD, can provide insights into the financial growth and stability of the franchise. It's important to note that these figures represent the overall financial health of the company and may not directly reflect the performance of individual franchise locations.