What was the total value of Monicals Pizza's total owners' equity in 2023?
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 total value of the company's owners' equity in 2023 was $14,938,169. This figure represents the net worth of Monicals Pizza, reflecting the total investment of the owners in the company. It is calculated by subtracting total liabilities from total assets.
For a prospective franchisee, understanding the owners' equity is crucial as it provides insight into the financial stability and overall health of Monicals Pizza. A higher owners' equity generally indicates a stronger financial position, suggesting that the company has a solid foundation and is less reliant on debt. This can be a positive indicator for franchisees, as it implies that Monicals Pizza is better equipped to support its franchisees and navigate economic challenges.
However, it's also important to consider the change in owners' equity over time. The FDD indicates a change in owners' equity over the prior year of -1.3%. While the owners' equity is a substantial positive number, the slight decrease could signal potential challenges or areas where the company's financial performance has slightly declined. Prospective franchisees should investigate the reasons behind this change to fully understand its implications.
In addition to owners' equity, the FDD provides other key financial metrics such as total assets ($26,761,330 in 2023), number of company restaurants (31 in 2023), and total systemwide restaurants (60 in 2023). These figures, along with the consolidated net income per employee and operating revenues per employee, offer a comprehensive view of Monicals Pizza's financial and operational performance, enabling potential franchisees to make informed decisions.