What was the value of the stock for Carbones Pizzeria as of October 31, 2024?
Carbones_Pizzeria Franchise · 2025 FDDAnswer from 2025 FDD Document
| Shares | Amount | paid in capital | Earnings | stock | Equity | |
|---|---|---|---|---|---|---|
| Balance, October 31, 2023 | 2,500 | $ 2,500 | $ 266,117 | $ 887,390 | $ (34,556) | $ 1,121,451 |
| Net income | - | - | - | 198,426 | - | 198,426 |
| Balance, October 31, 2024 | 2,500 | $ 2,500 | $ 266,117 | $ 1,085,816 | $ (34,556) | $ 1,319,877 |
Source: Item 23 — RECEIPTS (FDD pages 30–116)
What This Means (2025 FDD)
According to Carbones Pizzeria's 2025 Franchise Disclosure Document, the value of the company's stock as of October 31, 2024, was reported as a deficit of $34,556. The FDD provides a balance sheet detailing the company's financial status at the end of their fiscal year. This includes figures for shares, paid-in capital, earnings, and equity, offering a snapshot of the company's financial health.
It is important to note that the stock value is listed as a negative number. This could indicate that the company has accumulated losses or has other financial obligations that exceed its assets. Prospective franchisees should carefully consider this information and seek professional financial advice to fully understand the implications of this negative stock value.
Understanding the franchisor's financial health is crucial for potential franchisees. While a negative stock value doesn't necessarily mean the company is unstable, it warrants further investigation. Franchisees should ask Carbones Pizzeria for more details about their financial performance and future plans to ensure they are making an informed investment decision.