What were the total royalties earned by Carbones Pizzeria for the year ended October 31, 2024?
Carbones_Pizzeria Franchise · 2025 FDDAnswer from 2025 FDD Document
, 2024.
Company Restaurant Sales
The Company earns revenue from sales at the Company owned restaurant and is recognized at the time of sale.
Advertising
In accordance with signed franchise agreements, franchisees contribute royalties to an advertising fund. The fund is to be used to maximize public recognition of Carbone's Pizzeria. The Company ex
Source: Item 22 — CONTRACTS (FDD page 30)
What This Means (2025 FDD)
Based on the 2025 Franchise Disclosure Document, the document does not explicitly state the total royalties earned by Carbones Pizzeria for the year ended October 31, 2024. However, the document does mention how royalties are collected and used.
The FDD states that franchisees contribute royalties to an advertising fund, which is used to increase public recognition of Carbones Pizzeria. For the year ended October 31, 2024, advertising expenses totaled $237,855. While franchisees contribute royalties to the advertising fund, this figure does not represent the total royalties earned by Carbones Pizzeria.
To gain a comprehensive understanding of the royalties paid to Carbones Pizzeria, a prospective franchisee should ask the franchisor for the total amount of royalties collected during the specified period. This information is crucial for evaluating the financial performance and stability of the franchise system.