What was the total amount of restaurant sales for Monicals Pizza in 2023?
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 total restaurant sales for 2023 were $45,815,328. This figure represents the revenue generated from all Monicals Pizza restaurants, both company-owned and franchised, during that year.
For a prospective franchisee, this indicates the overall sales performance of the Monicals Pizza system. It's important to consider this number in conjunction with the number of operating restaurants to understand the average sales per location. A potential franchisee should also compare this figure to previous years to identify any trends in sales growth or decline.
Additionally, it is important to note that while the total restaurant sales provide a general overview, individual restaurant performance can vary significantly based on location, management, and other factors. Therefore, a prospective franchisee should conduct thorough due diligence, including reviewing the performance of existing Monicals Pizza locations and understanding the factors that contribute to their success.