factual

What were the total revenues for Carbones Pizzeria for the year ended October 31, 2024?

Carbones_Pizzeria Franchise · 2025 FDD

Answer from 2025 FDD Document

Notes to Consolidated Financial Statements For the Year Ended October 31, 2024

1. Nature of Business

M & T Pizza Incorporated and Subsidiaries (collectively "the Company") is engaged in the business of selling restaurant franchises. The Company generates revenue primarily from restaurant royalties and franchise fees from franchised Carbone's Pizzeria locations in Minnesota, Wisconsin, and Montana and the operation of a Company owned franchise in Minnesota.

Source: Item 22 — CONTRACTS (FDD page 30)

What This Means (2025 FDD)

Based on the 2025 Franchise Disclosure Document, the financial statements for Carbones Pizzeria are consolidated, including M & T Pizza Incorporated and its subsidiaries. The company generates revenue primarily from restaurant royalties and franchise fees from franchised Carbone's Pizzeria locations, as well as from the operation of a company-owned franchise in Minnesota. The fiscal year for Carbones Pizzeria ends on October 31. However, the document does not explicitly state the total revenues for the year ended October 31, 2024.

The FDD does mention advertising expenses, which are included in sales and marketing expenses, amounted to $237,855 for the year ended October 31, 2024. While this figure provides some insight into the company's spending on advertising, it does not represent the total revenue. The notes to the consolidated financial statements also detail accounting policies, revenue recognition methods (royalties, franchise fees and company restaurant sales), and other financial considerations, but these do not provide a specific total revenue figure.

As a prospective franchisee, it is crucial to obtain the specific total revenues for the year ended October 31, 2024, to assess the overall financial health and performance of Carbones Pizzeria. This information would be essential in evaluating the potential profitability and sustainability of a franchise investment. Therefore, a prospective franchisee should directly request this information from the franchisor to make an informed decision.

Disclaimer: This information is extracted from the 2025 Franchise Disclosure Document and is provided for research purposes only. It does not constitute legal or financial advice. Consult with a franchise attorney before making any investment decisions.