What was the consolidated net income per employee for Monicals Pizza as of December 31, 2023?
Monicals_Pizza Franchise · 2025 FDDAnswer from 2025 FDD Document
| Total Assets | $26,439,259 | $26,761,330 |
|---|---|---|
| Long Term Debt | $0 | $0 |
| Owners' Equity | $14,751,115 | $14,938,169 |
| Change in Owners' Equity over Prior Year | -1.3% | -18.6% |
| Number of Company Restaurants | 32 | 31 |
| Total Systemwide Restaurants | 59 | 60 |
| Number of Employees* | 929 | 928 |
| Consolidated Net Income per Employee | $1,809 | $964 |
| Change in Consolidated Net Income per Employee over Prior Year | 87.7% | -92.7% |
| Operating Revenues per Employee | $50,400 | $49,736 |
Source: Item 23 — RECEIPTS (FDD pages 46–257)
What This Means (2025 FDD)
According to Monicals Pizza's 2025 Franchise Disclosure Document, the consolidated net income per employee as of December 31, 2023, was $1,809. This figure is based on the final year-end payroll and reflects the company's net income divided by the total number of employees. In 2023, Monicals Pizza had 929 employees.
This metric provides a way to assess the company's profitability relative to its workforce size. A higher net income per employee generally indicates greater efficiency and profitability. For Monicals Pizza, the consolidated net income per employee saw a significant change from the previous year.
Specifically, the 2025 FDD states that the consolidated net income per employee in 2022 was $964. The 2023 figure of $1,809 represents an 87.7% increase. This substantial increase in net income per employee could be an attractive indicator for potential franchisees, suggesting improved financial performance and operational efficiency within the Monicals Pizza system.