What was the cost of restaurant sales for Monicals Pizza in 2022?
Monicals_Pizza Franchise · 2025 FDDAnswer from 2025 FDD Document
-----------------------|------|------------|----|------------------------------------------------|--| | OPERATING REVENUES: | | | | | | | Restaurant sales | $ | 45,815,328 | $ | 45,177,919 | | | Franchising revenues | • | 1,005,855 | , | 977,549 | | | Total operating revenues | | 46,821,183 | | 46,155,468 | | | OPERATING EXPENSES (INCOME): | | | | | | | Cost of restaurant sales | | 11,953,858 | | 12,624,482 | | | Store labor | | 17,728,791 | | 17,402,656 | | | Operating | | 5.702.647 | | 5,968,408 | | | Occupancy | | 3,828,519 | | 3,856,181 | | | Depreciation | | 1,165,083 | | 1,177,751 | | | General and administrative | | 4,935,692 | | 4,324,512 | | | Profit sharing | | 163,266 | | 97,130 | | | Net gain from insurance proceeds | | (33,290) | | (50,915) | | | Total operating expenses | | 45,444,566 | | 45,400,205 | | | OPERATING INCOME | | 1,376,617 | | 755,263 | | | OTHER INCOME (EXPENSES): | | | | | | | Interest income | | 307,758 | | 124,907 | | | Interest expense - finance leases | | (34,864) | | (16,152) | | | Other income | | 33,464 | | 31,297 | | | Loss on sale of fixed assets | | (2,404) | | (1,030) | | | Total other income | | 303,954 | | 139,022 | | | NET INCOME | | 1,680,571 | | 894,285 , | | | Basic and diluted income per common share: | _ | | _ | | | | Net income per common share | $ | 4.30 | $ | 2.29 | | | Weighted average shares outstanding | | 391,250 | | 391,175 | |
**CONSOLIDATED STATEMENTS OF OWNERS' EQUIT
Source: Item 23 — RECEIPTS (FDD pages 46–257)
What This Means (2025 FDD)
According to Monicals Pizza's 2025 Franchise Disclosure Document, the cost of restaurant sales for the year 2022 was $12,624,482. This figure represents the direct expenses Monicals Pizza incurred to generate revenue from its restaurant sales.
For a prospective franchisee, understanding the cost of restaurant sales is crucial because it directly impacts the profitability of the franchise. It includes expenses like the cost of ingredients, packaging, and potentially some direct labor costs associated with preparing the food. Monitoring this figure closely can help franchisees identify areas where they can improve efficiency and reduce costs, ultimately increasing their profit margins.
It's also important to note that the FDD provides similar data for 2023, showing a cost of restaurant sales of $11,953,858. Comparing these figures year-over-year can provide insights into trends and potential areas of concern or improvement. Franchisees should analyze these costs in relation to their own sales figures to assess the financial health and performance of their specific Monicals Pizza location.