What was the value of accounts payable and accrued expenses for Carbones Pizzeria?
Carbones_Pizzeria Franchise · 2025 FDDAnswer from 2025 FDD Document
| Cash and cash equivalents | $ 161,252 |
|---|---|
| Accounts receivable, net of allowance for doubtful accounts of $109,133 | 287,928 |
| Due from stockholder | 492,605 |
| Accounts receivable, related party | 107,489 |
| Inventory | 3,650 |
| Prepaid expenses | 19,005 |
| Total current assets | 1,071,929 |
| Note receivable | 60,500 |
| Deferred tax assets | 13,000 |
| Property and equipment, net | 164,212 |
| Total assets | $ 1,309,641 |
| Liabilities and Stockholder's Equity | |
| C |
Source: Item 22 — CONTRACTS (FDD page 30)
What This Means (2025 FDD)
According to Carbones Pizzeria's 2025 Franchise Disclosure Document, the company's accounts payable and accrued expenses as of October 31, 2023, were valued at $31,744. This figure represents the short-term liabilities of Carbones Pizzeria, including obligations to suppliers and other accrued expenses that were due within the year.
For a prospective franchisee, understanding the accounts payable and accrued expenses of the franchisor can provide insight into the financial health and stability of the company. A higher value of accounts payable and accrued expenses relative to assets may indicate that the company is relying heavily on short-term financing or is experiencing difficulty in meeting its current obligations. Conversely, a lower value may suggest better financial management and liquidity.
It is important to note that this figure is a snapshot in time and may not be representative of the company's financial position in other periods. Additionally, the notes to the consolidated financial statements should be reviewed to gain a better understanding of the company's accounting policies and any significant estimates or assumptions that were used in preparing the financial statements. Prospective franchisees should consult with a financial advisor to fully understand the implications of this information.