What were the total restaurant sales for Monicals Pizza in the earlier of the two reported years?
Monicals_Pizza Franchise · 2025 FDDAnswer from 2025 FDD Document
$ 24,487,539 | $ 26,439,259 |
CONSOLIDATED STATEMENTS OF INCOME
Monical Pizza Corporation & Subsidiaries………………...Bradley, Illinois…………For the Years Ended December 31,
2024 2023 45,815,328 1,005,855 46,585,248 46,821,183 11,953,858 17,728,791 5,702,647 3,828,519 1,165,083 4,935,692 173,597 163,266 (461,551) (33,290) 45,043,421 45,444,566 1,541,827 1,376,617 307,758 (34,864) 33,464 - (2,404) 307,531 303,954 1,849,358 1,680,571 $ 4.73 $ 4.30 391,250 $ 45,624,409 $ 960,839 11,176,742 18,051,846 5,779,342 4,022,912 1,119,873 5,180,660 306,125 (34,125) 35
Source: Item 23 — RECEIPTS (FDD pages 46–257)
What This Means (2025 FDD)
According to Monicals Pizza's 2025 Franchise Disclosure Document, the consolidated statements of income show the total revenue for the years ending December 31, 2024 and 2023. The total revenue for 2023 was $45,624,409. The total revenue for 2024 was $45,815,328.
This figure represents the combined sales from both company-owned and franchised Monicals Pizza locations. It's important to note that this number reflects gross sales before any deductions for expenses, royalties, or other costs. A prospective franchisee should carefully consider this figure in conjunction with other financial data in the FDD to understand the overall financial performance of Monicals Pizza.
Understanding the revenue trends is crucial for potential franchisees. While the document shows an increase in revenue from 2023 to 2024, further analysis of expenses and profitability would be necessary to assess the financial health of the franchise. This information helps in forecasting potential earnings and making informed investment decisions.
It is also important to note that these figures are based on consolidated financial statements, which include the accounts of Monical Pizza Corporation and its subsidiary, Comfort Foods. A potential franchisee should review the complete financial statements and consult with a financial advisor to fully understand the implications of these numbers.