What was the operating cash flow from operating leases for Monicals Pizza in 2023?
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 |
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 for the year 2023 was $892,707. This figure represents the cash Monicals Pizza paid for amounts included in the measurement of their lease liabilities related to operating leases.
Operating leases are typically for assets like property or equipment that Monicals Pizza uses in its business operations but does not own. The cash flow represents the payments made for the right to use these assets over the lease term. This is a standard business expense for Monicals Pizza, especially considering they operate multiple restaurant locations.
For a prospective franchisee, understanding these figures provides insight into the financial obligations Monicals Pizza undertakes for its corporate operations. While franchisees will have their own lease obligations for their individual locations, this gives a sense of the scale of leasing activity within the Monicals Pizza system. Reviewing these figures over several years, as presented in the FDD, can also reveal trends in Monicals Pizza's leasing strategies and financial management.