Carlos Miguel's of Frisco, LLC
Bankruptcy

Report of Operations From May 1, 2019 To May 31, 2019 Filed by Aaron A Garber on behalf of Carlos Miguel's of Frisco, LLC.

District of Colorado (Bankruptcy), cob-1:2018-bk-18487

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Fill in this information to identify the case: Debtor Name Carlos Miguel's of Frisco. LLC United States Bankruptcy Court for the District of Case number 18-18487-IGR Check if this is an amended filing Official Form 425C Monthly Operating Report for Small Business Under Chapter 11 12/17 Month: 5/1/19-5/31/19 Date report filed: MM/DD/YYYY Line of business: Restaurant NAISC code: In accordance with title 28, section 1746, of the United States Code, I declare under penalty of perjury that I have examined the following small business monthly operating report and the accompanying attachments and, to the best of my knowledge, these documents are true, correct, and complete. Responsible party Original signature of responsible party Printed name of responsible party Georgina Sedano 1. Questionnaire Answer all questions on behalf of the debtor for the period covered by this report, unless otherwise indicated. If you answer No to any of the questions in lines 1-9, attach an explanation and label it Exhibit A. too 1. Did the business operate during the entire reporting period? 2. Do you plan to continue to operate the business next month? 3. Have you paid all of your bills on time? 4. Did you pay your employees on time? 5. Have you deposited all the receipts for your business into debtor in possession (DIP) accounts? 6. Have you timely filed your tax returns and paid all of your taxes? 7. Have you timely filed all other required government filings? 8. Are you current on your quarterly fee payments to the U.S. Trustee or Bankruptcy Administrator? 9. Have you timely paid all of your insurance premiums? If you answer Yes to any of the questions in lines 10-18, attach an explanation and label it Exhibit B. 10. Do you have any bank accounts open other than the DIP accounts? 11. Have you sold any assets other than inventory? 12. Have you sold or transferred any assets or provided services to anyone related to the DIP in any way? 13. Did any insurance company cancel your policy? 090000090 2090077 ooooooo 14. Did you have any unusual or significant unanticipated expenses? 15. Have you borrowed money from anyone or has anyone made any payments on your behalt? 16. Has anyone made an investment in your business? Official Form 425C Monthly Operating Report for Small Business Under Chapter 11 page 1 Debtor Name Carlos Miguel's of Frisco, LLC Case number 18-18487-IGR 17. Have you paid any bills you owed before you filed bankruptcy? 0 0 0 18. Have you allowed any checks to clear the bank that were issued before you filed bankruptcy? 2. Summary of Cash Activity for All Accounts 19. Total opening balance of all accounts $ 193.995.54 This amount must equal what you reported as the cash on hand at the end of the month in the previous month. If this is your first report, report the total cash on hand as of the date of the filing of this case. 20. Total cash receipts Attach a listing of all cash received for the month and label it Exhibit C. Include all cash received even if you have not deposited it at the bank, collections on receivables, credit card deposits, cash received from other parties, or loans, gifts, or payments made by other parties on your behalf. Do not attach bank statements in lieu of Exhibit C. Report the total from Exhibit C here. s 76,714.25 21. Total cash disbursements Attach a listing of all payments you made in the month and label it Exhibit D. List the date paid, payee, purpose, and amount. Include all cash payments, debit card transactions, checks issued even if they have not cleared the bank, outstanding checks issued before the bankruptcy was filed that were allowed to clear this month, and payments made by other parties on your behalf. Do not attach bank statements in lieu of Exhibit D. -$ 84,043.05 Report the total from Exhibit D here 22. Net cash flow + $ -7.328.80 Subtract line 21 from line 20 and report the result here. This amount may be different from what you may have calculated as net profit. 23. Cash on hand at the end of the month Add line 22 + line 19. Report the result here. Report this figure as the cash on hand at the beginning of the month on your next operating report. This amount may not match your bank account balance because you may have outstanding checks that have not cleared the bank or deposits in transit. = $ 201,324.34 3. Unpaid Bills Attach a list of all debts (including taxes) which you have incurred since the date you filed bankruptcy but have not paid. Label it Exhibit E. Include the date the debt was incurred, who is owed the money, the purpose of the debt, and when the debt is due. Report the total from Exhibit E here. 24. Total payables (Exhibit E) Official Form 425C Monthly Operating Report for Small Business Under Chapter 11 page 2 YOUR CARD PROCESSING STATEMENT Merchant Number Customer Service 487994690997 Website - www.businesstrack.com Phone - 1 800-451-5817 Page 2 of 6 Statement Period 05 01/19 - 05/31/19 Chargebacks/ Roversals Adjustments Fees OOOOOO 000 0 00 0.00 000 000 000 000 000 000 000 000 000 000 000 Data Submitted 04/30/19 05/01/19 05/02/19 05/04/19 05/05/19 05/06/19 05/07/19 05/08/19 05/09/19 05/10/19 05/11/19 05/13/19 05/14/19 05/16/19 05/17/19 05/18/19 05/19/19 05/20/19 05/21/19 05123/19 05/25/19 05/26/19 (5/28/19 05/29/19 05/31/19 Month End Charge Submitted Amount $770 65 $1,266 69 $1,923 69 $4,696 78 $4,012 01 $1,084 15 $1,701.13 $1,648 46 $7389 34 $2,014 89 $2.326 85 $5.188 08 $1.464 35 $4,015 90 $2.859 72 $2,041 78 $1.423.00 $2,033.72 $2,179.82 $3,435.56 $2.451 93 $5.840.76 $3,170 31 $1261 68 $2 292.33 000 $62,494.09 000 000 000 000 000 000 000 000 000 000 000 000 000 000 o ao 000 0.00 000 000 000 000 000 000 Amount Processed $770 66 $1,266 69 $1,523 69 $4,696 78 $4,012 01 $1,034 15 $1,701.13 $1,649 46 $1,389 34 $2,01489 $2,326 25 $5,188 08 $1,464 35 4,015 90 $2,859 72 $2,041 79 $1,423 00 $2,03372 $2,179 82 $3,435 56 $2.451 93 $5 840 76 $3,170 31 $1 261 68 $2,292 33 $1,481 26 $61,012.83 000 000 000 000 OCO 000 000 000 000 000 000 OCO 000 000 000 000 000 000 000 000 000 000 000 000 000 $1 481 26 -$1,481.26 000 Total 0.00 0.00 SUMMARY BY CARD TYPE Total Gross Sales You Submitted Refunds Total Amount You Submitted Card Typo toms Amount Items Amount Items Amount 216 Average Ticket $48 96 $49 82 $14 15 $54 40 216 943 Mastercard VISA Discover AMEX ACQ 943 000 000 000 $10,575 56 $46,982 84 $1,236 2e $3,699 41 $62,494.09 28 $10 575 56 $45.982 84 $1,236 28 $3,699 41 23 68 000 68 1,255 Totaal 1,255 0.00 $62,494.09 SUMMARY BY BATCH Total Gross Sales You Submitted Rofunds Total Amount You Submitted Batch Submit Data Items Amount Items Amount Items Amount 20 187687300227 187687010228 187687020229 187687040230 187687040231 187687050232 187687060233 12768707023.1 187687080235 187687090236 000 000 000 о со о со Average Tickot $36 70 34691 $46.92 $53.94 $50.00 $5349 333 88 $40 50 $4848 $4791 04/30/19 05:01:19 05/02/19 05:04/19 05/04/19 05/05/19 05/06/19 05/07/19 05/08/19 05/09!19 $770 66 $1.266 69 $1.923 69 $2 696 69 $1.099 89 $4,012 01 $1,084 15 $1701 13 $1 648 446 $1,389 34 000 $770 66 $1,266.69 $1.923 69 $2,690.89 $1.999 89 $1.012 01 $1.024 15 $1.791 13 $1 648 46 $1389 34 (со о со 0.00 000 8:18 ft) 655 Giaft: S T T 5 Đi !3:Cord CA 34 523 YOUR CARD PROCESSING STATEMENT 487994690997 Merchant Number Customer Service Page 3 of 6 Website - www.businesstrack.com Phone - 1-800-451-5817 Statement Period 05/01/19 - 05/31/19 SUMMARY BY BATCH Total Gross Sales You Submitted Refunds Total Amount You Submitted Batch Submit Date Items Amount Itams Amount Items Amount COLR979 0.00 000 000 000 000 01 S001 124 000 197687100237 187687110238 187687130239 187687140240 187687160241 187687160242 187687170243 187667180244 187687190245 197687200246 18768721024! 187687230248 187687230249 187687251248 187667260251 187687250252 167687280253 187687280254 187687290255 187687310256 Average Ticket 542.87 $5.1.11 $58.29 $38.54 $58.52 $45.95 $49.31 $61.87 550.82 $44.21 $44.49 $46 15 $36 98 $57 02 $61 84 $59 10 546 28 $54 25 145 06 150 94 05/10/19 05/11/19 05/13/19 05/14/19 05/16/19 05/16/19 05/17/19 05/18/19 05/19119 05/20119 05/21/19 05/23/19 05/23/19 05/25/19 05/26:19 05/26119 05/28/19 05/28/19 05/29/19 05/31/19 37 193601 PAGE DO052 OF 30003 $2,014 89 $2,326 85 $5,188 08 $1,464.35 $2,223 68 $1,792 22 $2,859 72 $2.041 78 $1 42300 $2,033 72 $2 17982 $2215.18 $1.220 38 $2.451.93 $3.772 34 $2.068 42 $1.434 70 $1.736 11 31.261 68 $2.292 33 00 000 0.00 000 000 0.00 000 000 $2011 20 $2.325 25 $5 188 ca $1.464 35 52 223 63 $1,792 22 $2,859 72 $2.041 78 $1.423.00 $2033 72 $2.173 82 $2.215 18 $1,220 3B $245193 $3,772.34 $2.068 42 $1.434 70 $1,736 11 $1,261 66 $2 292 33 000 0.00 0.00 45 0.00 000 0.00 0,00 Total 1,255 $62,494.09 1,255 $62,494.09 Transactions that are challenged or disputed by a cardholder or card issu ng bank 65033 Card Number (Last 4 Digits) Date Reference Na Description Amount No Chargebacks Reversals for this Statement Period Total 0.00 US $ The amounts credited to or decucled from your account to resolve processing and billing discrepancios Date Doscription Amount No Adjustments for this Statement Parod Total 0.00 Amount charged to authorize, process and settie card transactions along with transaction based ard or fixed amounts charged for specific card processing services. TRANSACTION FEES Type Amount MASTERCARD MC PROC INTEG PRE AUTH 1 TRANSACTIONS AT 045000 NC PIF DETAIL REPORT 1 TRANSACTIONS AT 012000 NC-KEY ENTERED MC-BUS LEVEL 3 T&E HAC-CORP T & EIUS) CORP HC-SMALL TICKET (DB) HC-BIS LEVEL 4 T&E HC-REG INCENT FRF ADJ POS (DB) MC-CORP TSE (US) BUS Fees Fees Interchange charges Interchange charges Interchange charges Interchange charges Intarchange charges Interchange charges Interchange charges 30.05 - 9001 5351 -$1.41 SU 83 50 27 $5.06 $9.07 $0.91 w to To 165 ans: Thin Fioc! Concord CA 94520 YOUR CARD PROCESSING STATEMENT 487994690997 Merchant Number Customer Service Page 4 of 6 Website - www.businesstrack com Phone - 1-800-451-5817 Stalement Period 05/01/19 - 05/31/19 $305 1 Armount chargest to authorize, process and settle card transactions along wth transaction-based and/or fixed amounts charged for specific card processing FEES services MC-RESTAURANT (DB) Interchange charges $701 MC-COM TEE (US) PURCH Interchange charges $0 56 MC-COMMERCIAL T&E FLEET Interchange charges $2 87 MC-WORLU FLITE OTHER Interchange charges $32 15 MC-BUS LEVEL 2 TSE II Interchange chargos 5339 MC-PREM CON ELEC ACQUSISSLAC Interchange charges -$355 MC-REGULATED FRD ADJ COMM (DB) Interchange charges 5198 MC-DOMESTIC MERIT III (DB) Interchange charges -$2294 MASTERCARD ASSESSMENT FEE 1701375 TIMES $10575 56 Interchange charges $14 54 MC DOMESTIC MERIT 111 Interchange charges $.011 MC WORLD ELITE RESTAURANT Interchange charges $20 51 MC-WORLDCARD - OTHER Interchange charges $8.98 MC-ENHANCED MERIT IN BASE Interchange charges -$ 1800 MC-WORLDCARD RESTAURANT Interchange charges $1380 MC HIGH VAL RESTAURANT Interchange charges $4 09 MC-HIGH VALT & E Interchange charges MC NETWORK ACCESS AUTH FEE 211 TRANSACTIONS AT 0195 Fees Sus 11 MC FOREIGN HANDLING FEE 002 TIMES $131 44 Fees SO 26 MASTERCARD WATS AUTH FEE 212 TRANSACTIONS AT 225 Fees $47.70 VISA VI-CORPORATE TRAVEL SVC Interchange charges $150 VI-CPS/RESTAURANT CREDIT Interchange charges $1968 VI-PURCHASING TRAVEL SVC Interchange charges -$15 71 VI-US REG NON CPS COMM (DB) Interchange charges -$309 VI-CPS SMALL TICKET (PP) Interchange charges -$0 Ons VI-SIGNATURE PREFERRED CRP ELC Interchanje charges -S 269.89 VI-CPS/RESTAURANT (DB) Interchanje charges -$55 45 VI-US REGULATED NON CPS (DB) Interchange charges $0 49 VI-CPS/RESTAURANT (PP) Interchange charges $6 36 V-CFS/SMALL TICKET Interchange charges -$323 VI-CPSIREWARDS 2 Interchange charges $44.48 VI-BUSINESS CARD TR3 ELEC T&E Interchange charges $18 98 VI-CPS SMALL TICKET (DB) Interchange charges $0 59 VI-BUSINESS CARD TR4 ELEC Intarchange charges 351 03 VI-US REGULATED COMMDB) Interchange charges 510 96 VI-BUSINESS CARD TR2 ELEC T&E Interchange charges $1961 V