What was the reported value of land and land improvements for Monicals Pizza in 2023?
Monicals_Pizza Franchise · 2025 FDDAnswer from 2025 FDD Document
-----------|--------------|--------------| | Equipment | $17,871,081 | $17,471,099 | | Leasehold improvements | 6,936,468 | 6,866,630 | | Buildings | 11,152,528 | 10,844,471 | | Land and land improvements | 5,535,102 | 5,308,883 | | Construction in progress | 259,474 | 167,058 | | | 41,754,653 | 40,658,141 | | Less: Accumulated depreciation | (32,959,506) | (31,814,166) | | | $8,795,147 | $8,843,975 |
Depreciation expense for the years ende
Source: Item 23 — RECEIPTS (FDD pages 46–257)
What This Means (2025 FDD)
According to Monicals Pizza's 2025 Franchise Disclosure Document, the reported value of land and land improvements for the company in 2023 was $5,535,102. This figure reflects the company's investment in land and any improvements made to that land as of the end of the fiscal year.
For a prospective franchisee, this number provides insight into the scale of Monicals Pizza's real estate holdings and infrastructure. It's important to note that this value is a snapshot in time and can be influenced by factors such as property acquisitions, improvements, and depreciation. Understanding the company's real estate strategy and how it manages these assets can be a key part of evaluating the overall financial health of the franchise.
It is also useful to compare this figure with the value from the previous year, 2022, which was $5,308,883. The increase from 2022 to 2023 could indicate investments in new properties or improvements to existing ones. A potential franchisee might want to inquire about the company's plans for future real estate investments and how those plans could impact the franchise system.