What was the net income 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 company's consolidated statement of income shows a net income of $894,285 for the year 2022. This figure represents the company's profit after deducting all operating expenses, interest expenses, and other expenses from its total operating revenues.
For a prospective franchisee, this net income figure provides insight into the overall financial health and profitability of Monicals Pizza. It demonstrates the company's ability to generate revenue and manage expenses effectively. A higher net income generally indicates a more stable and successful franchise system, which can be an attractive factor for potential investors.
It is important to note that this is a consolidated figure, reflecting the performance of both company-owned and franchised locations. While this provides a general overview, prospective franchisees should also inquire about the financial performance of individual franchised units to gain a more detailed understanding of potential profitability at the franchise level. Reviewing the trends in revenue and expenses can further help in assessing the financial stability and growth potential of Monicals Pizza.