What were the total assets for Monicals Pizza in the earliest year presented?
Monicals_Pizza Franchise · 2025 FDDAnswer from 2025 FDD Document
| Total Assets | $26,439,259 | $26,761,330 |
|---|---|---|
| Long Term Debt | $0 | $0 |
| Owners' Equity | $14,751,115 | $14,938,169 |
| Change in Owners' Equity over Prior Year | -1.3% | -18.6% |
| Number of Company Restaurants | 32 | 31 |
| Total Systemwide Restaurants | 59 | 60 |
| Number of Employees* | 929 | 928 |
| Consolidated Net Income per Employee | $1,809 | $964 |
| Change in Consolidated Net Income per Employee over Prior Year | 87.7% | -92.7% |
| Operating Revenues per Employee | $50,400 | $49,736 |
Source: Item 23 — RECEIPTS (FDD pages 46–257)
What This Means (2025 FDD)
According to Monicals Pizza's 2025 Franchise Disclosure Document, the consolidated balance sheets include data for 2023 and 2022. The total assets for Monicals Pizza in 2022 were $26,761,330.
This figure represents the total value of everything the company owns, including cash, accounts receivable, inventory, and fixed assets like property and equipment. Franchisees can use this information to assess the financial health and stability of Monicals Pizza. A higher asset value generally indicates a stronger financial position.
It is important to note that these figures are from the consolidated financial statements, which include Monical Pizza Corporation and its subsidiaries. This gives a comprehensive view of the company's financial standing. Reviewing these figures over several years, if available, would provide a better understanding of the company's financial trends.