What was the total rent expense for Carbones Pizzeria for the year ended October 31, 2022?
Carbones_Pizzeria Franchise · 2025 FDDAnswer from 2025 FDD Document
t the Company owned restaurant and is recognized at the time of sale.
Advertising
In accordance with signed franchise agreements, franch
Source: Item 22 — CONTRACTS (FDD page 30)
What This Means (2025 FDD)
Based on the 2025 Carbones Pizzeria Franchise Disclosure Document, information regarding the total rent expense for the year ended October 31, 2022, is not included in the provided excerpts. The excerpts focus on items such as advertising expenses, revenue recognition, accounting policies, and other financial statement details.
While advertising expenses are disclosed, amounting to approximately $506,000 for the year ended October 31, 2022, this figure pertains specifically to advertising and promotion, not rent. The excerpts do detail how Carbones Pizzeria recognizes revenue from royalties and company restaurant sales, as well as how they handle initial and renewal franchise fees. However, these details do not provide insight into rent expenses.
To obtain the total rent expense for the year ended October 31, 2022, a prospective franchisee should directly request this information from Carbones Pizzeria. Understanding the rent expenses is crucial for assessing the overall financial health and profitability of both the franchisor and individual franchise locations.