table_specific

What were the total operating expenses for Monicals Pizza in the year represented in the table?

Monicals_Pizza Franchise · 2025 FDD

Answer from 2025 FDD Document

terest:

OPERATING REVENUES:
Restaurant sales $ 4 5,815,328 $ 45,177,919
Franchising revenues 1 ,005,855 977,549
Total operating revenues 4 6,821,183 4 6,155,468
OPERATING EXPENSES (INCOME):
Cost of restaurant sales 1 1,953,858 1 2,624,482
Store labor 1 7,728,791 1 7,402,656
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 4 5,444,566 4 5,400,205
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

EXHIBIT 6 TO THE FRANCHISE AGREEMENT

MULTI-STATE ADDENDA

ADDENDUM

Source: Item 23 — RECEIPTS (FDD pages 46–257)

What This Means (2025 FDD)

According to Monicals Pizza's 2025 Franchise Disclosure Document, the total operating expenses for the year 2024 were $45,444,566. These expenses encompass various costs associated with running the Monicals Pizza business.

The operating expenses include the cost of restaurant sales, which was $11,953,858. Store labor accounted for $17,728,791. Other operating expenses totaled $5,702,647, while occupancy expenses amounted to $3,828,519. Depreciation expenses were $1,165,083, and general and administrative expenses reached $4,935,692. Profit sharing expenses were $163,266. There was also a net gain from insurance proceeds of $33,290, which is subtracted from the total operating expenses.

Prospective franchisees should consider these operating expenses when evaluating the potential profitability of a Monicals Pizza franchise. Understanding the breakdown of these expenses can help franchisees manage their costs effectively and make informed financial decisions. It's important to note that these figures represent the performance of company-owned restaurants and may not be directly applicable to franchised locations. Franchisees should conduct their own due diligence and consult with financial advisors to assess the potential expenses and profitability of their specific franchise location.

Disclaimer: This information is extracted from the 2025 Franchise Disclosure Document and is provided for research purposes only. It does not constitute legal or financial advice. Consult with a franchise attorney before making any investment decisions.