Where can I find information about taxes related to a Monicals Pizza franchise?
Monicals_Pizza Franchise · 2025 FDDAnswer from 2025 FDD Document
Franchisee shall submit to Franchisor copies of all state sales tax returns that are required to be filed with the appropriate governmental agency and such other records as Franchisor may reasonably request from time to time or as specified in the Confidential Operations Manual. Franchisor has the right to release financial and operational information relating to the Franchised Restaurant to Franchisor's lenders or prospective lenders, or to use or disclose such information in an earnings claim created in connection with the sale of Monical's Pizza Franchises.
Franchisee or Franchisee's chief financial officer shall certify as true and correct all reports submitted pursuant to this Agreement.
Source: Item 23 — RECEIPTS (FDD pages 46–257)
What This Means (2025 FDD)
According to Monicals Pizza's 2025 Franchise Disclosure Document, Item 23 discusses receipts and includes a section on other reports. Specifically, Monicals Pizza requires franchisees to submit copies of all state sales tax returns that they are required to file with the appropriate governmental agency.
This means that as a Monicals Pizza franchisee, you will be responsible for collecting and remitting state sales taxes, and you must provide copies of your filings to the franchisor. This is a standard practice in franchising, as franchisors often need to monitor franchisees' compliance with local and state laws.
Additionally, Monicals Pizza has the right to request other records from franchisees and can release financial and operational information relating to the franchised restaurant to their lenders or prospective lenders. They may also use or disclose such information in an earnings claim created in connection with the sale of Monical's Pizza franchises. Franchisees or their chief financial officer must certify that all submitted reports are true and correct.