What was the reported value of land and land improvements receipts for Monicals Pizza in 2024?
Monicals_Pizza Franchise · 2025 FDDAnswer from 2025 FDD Document
----|--------------| | Equipment | $18,380,048 | $17,871,081 | | Buildings and improvements | 11,620,919 | 11,152,528 | | Leasehold improvements | 7,278,571 | 6,936,468 | | Land and land improvements | 5,535,102 | 5,535,102 | | Construction in progress | 164,633 | 259,474 | | | 42,979,273 | 41,754,653 | | Less: Accumulated depreciation | (34,063,502) | (32,959,506) | | | $8,915,771 | $8,795,147 |
Depreciation expense for the years ended December 31, 2024 an
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 was $5,535,102 in 2024. This figure represents the company's investment in land and any enhancements made to that land.
For a prospective franchisee, understanding the value of land and land improvements can be useful for assessing the overall financial health and asset base of Monicals Pizza. It provides insight into the company's real estate holdings and their potential value. However, this figure is a consolidated value, and it does not reflect the costs associated with a single franchise location.
It is important to note that the value of land and land improvements is subject to change over time due to factors such as market conditions, depreciation, and additional investments. Franchisees should consider these factors when evaluating the long-term financial prospects of Monicals Pizza. This information is part of the overall financial picture presented in the FDD, which is audited by Baker Tilly US, LLP.