FDD Talk 2014: Our Latest Views on PizzaRev’s Average Revenues, Cost of Goods Sold, and Other Operating Expenses

In this FDD Talk post based on PizzaRev’s 2014 FDD, you will find the answers to the following questions:

• What were the actual Revenues, Cost of Goods Sold, Controllable Expenses, and Non-Controllable Expenses for each of the PizzaRev restaurants in the sample?

• How many restaurants were included in the sample and what were the criteria for inclusion?

• Does the sample include franchised and affiliate-owned PizzaRev restaurants? Do franchised and affiliate-owned restaurants offer substantially the same menu items and services to customers, or are their substantial differences?

• Where are the restaurants located and when did each of them first open for business?

• How does PizzaRev define Revenues, Cost of Goods Sold, Controllable Expenses, and Non-Controllable Expenses?

• Aside from those already included, what other costs and expenses, if any, will franchisees incur?

• What were the high, low, and average Revenues for PizzaRev restaurants in the sample? What was the number (and percentage) above and below the average?

• Have PizzaRev’s auditors performed any audit or review of the financial information disclosed in Item 19?

• What are Franchise Chatter’s latest views on PizzaRev’s financial performance representations?