What was the amount of operating cash flows from operating leases for Monicals Pizza in 2022?
Monicals_Pizza Franchise · 2025 FDDAnswer from 2025 FDD Document
| leases for the year ended December 31, 2023 and 2022: | |||
|---|---|---|---|
| 2023 | 2022 | ||
| Cash paid for amounts included in the | |||
| measurement of lease liabilities: | |||
| Operating cash flows from operating leases | $ 892,707 | $ 876,522 | |
| Operating cash flows from finance leases | 34,864 | 16,152 | |
| Financing cash flows from finance leases | 362,606 | 212,222 | |
| Right-of-use assets obtained in exchange | |||
| for lease liabilities: | |||
| Operating leases | 231,199 | 285,919 | |
| Finance leases | 489,764 | 1,243,573 |
Source: Item 23 — RECEIPTS (FDD pages 46–257)
What This Means (2025 FDD)
According to Monicals Pizza's 2025 Franchise Disclosure Document, the operating cash flows from operating leases in 2022 was $876,522. This figure represents the cash Monicals Pizza paid for amounts included in the measurement of their lease liabilities related to operating leases during that year.
For a prospective franchisee, understanding these cash flow figures is crucial. Operating leases typically include leases for property and equipment necessary to run a Monicals Pizza restaurant. The cash flows associated with these leases directly impact the franchisee's operating expenses and overall profitability. Knowing the historical amounts provides a benchmark for projecting future lease expenses.
It's important to note that these figures are specific to Monicals Pizza's corporate operations and may not directly translate to a franchisee's experience. Franchisees should conduct their own due diligence to estimate their specific lease obligations, considering factors such as location, size, and lease terms. Reviewing these figures in conjunction with other financial statement data can offer a more comprehensive understanding of Monicals Pizza's financial health and stability.