What is the reported value of land for Monicals Pizza in the state of New York?
Monicals_Pizza Franchise · 2025 FDDAnswer from 2025 FDD Document
-------------------------------------| | 1. | | In recognition of the requirements of New York's General Business Law, Article 33, §§680 through | | | | 695, the Area Development Agreement for Monical Pizza Corporation is amended as follows: | | | | Section 7.1 of the Area Development Agreement is amended to provide that Franchisor will | | | | not transfer and assign its rights and obligations under the Area Development Agreement | | | | unless the transferee will be able to perform the Franchisor's obligations under the Area | | | | Development Agreement, in Franchisor's good faith judgment, so long as it remains subject | | | | to Article 33 of the General Business Law of the State of New York. | | | | No provision in the Area Development Agreement shall be construed as requiring Developer | | | General Business Law of the State of New York.
Source: Item 23 — RECEIPTS (FDD pages 46–257)
What This Means (2025 FDD)
Based on the 2025 Franchise Disclosure Document, there is no specific information provided regarding the value of land owned by Monicals Pizza in the state of New York. The provided excerpts focus on general financial statements, accounting policies, insurance proceeds, auditor consents, and legal addenda related to New York's General Business Law. The financial statements detail the company's assets, liabilities, income, and cash flows, but do not break down land values by state. The addendum addresses franchise rights within New York but does not discuss real estate values. Therefore, the FDD excerpts do not contain the specific data requested about land value in New York. A prospective franchisee should directly ask Monicals Pizza for specific details about land values, particularly if they are considering opening a franchise in New York.