To whom is the insurance payment to be paid for an Antioch Pizza Shop food truck/trailer?
Antioch_Pizza_Shop Franchise · 2025 FDDAnswer from 2025 FDD Document
ch Pizza Shop Businesses.
FOOD TRUCK/TRAILER
| Type of Expenditure | Amount | Method of Payment | When Due | To Whom Payment is to be Paid |
|---|---|---|---|---|
| Initial Franchise Fee | $20,000 | Lump Sum | When you sign the Franchise Agreement | Us |
| Training Expenses (Transportation, Lodging Meals) | $2,100 – $5,250 | As incurred | As incurred | Varies |
| Truck/Trailer Purchase [See Note 1] | $60,000 - $120,000 | Lump Sum | As incurred | Auto dealer |
| Outfitting, Equipping and Wrapping of Truck/Trailer [See Note 1] | $5,250 - $10,500 | As incurred | As incurred | Suppliers |
| Commissary Lease Deposit [See Note 2] | $500 – $1,000 | Lump Sum | Upon signing of a lease, if applicable | Lessor |
| Commissary Lease Rental Payments [See Note 2] | $1,500 – $4,000 | As incurred | As incurred | Lessor |
| Commissary Leasehold Improvements and Equipment [See Note 3] | $1,050 – $2,625 | As Incurred | As Incurred | Contractors, suppliers |
| Inventory | $525 – $1,050 | As incurred | As incurred prior to opening | Designated and approved suppliers |
| Grand Opening Advertising and Marketing | $1,050 – $2,100 | As incurred | As incurred around the time of opening | Media suppliers |
| Insurance | $2,000 – | Lump Sum or | Prior to opening | Insurance |
| [See Note 4] | $3,000 | Payment Schedule | Providers | |
| Additional Equipment and Supplies [See Note 5] | $5,775 - $11,550 | As incurred | As incurred before opening | Suppliers |
| Type of Expenditure | Amount | Method of Payment | When Due | To Whom Payment is to be Paid |
| ------------------------------------------------------------ | ----------------------------- | ------------------------- | ------------- | ---------------------------------------------------------------------- |
| Professional Fees, Licenses and Permits [See Note 6] | $1,050 – $5,250 | As Incurred | As Incurred | Professional service providers, governmental authorities |
| Additional Funds | $5,250 | As Incurred | As Incurred | Third Parties |
| (3 Months) | – | |||
| [See Note 7] | $10,500 |
Source: Item 7 — Estimated Initial Investment (FDD pages 17–24)
What This Means (2025 FDD)
According to Antioch Pizza Shop's 2025 Franchise Disclosure Document, insurance payments for a food truck/trailer are to be paid to insurance providers. The cost of insurance, estimated between $2,000 and $3,000, is due prior to opening the Antioch Pizza Shop business.
The FDD specifies that franchisees must secure insurance from a company approved by Antioch Pizza Shop, ensuring coverage for both the franchisee, Antioch Pizza Shop, and any other designated parties. This insurance must be in effect no later than the date of purchase of the Food Truck/Trailer.
The actual cost of insurance can vary significantly based on several factors, including policy limits, the types of policies, the value of physical assets, gross revenue, the number of employees, and the location of the business. If the franchisee intends to sell beer and wine, they will also need to purchase dram shop (liquor liability) insurance, which is estimated to cost $3,000 per year and is not included in the initial estimate. The FDD advises franchisees to discuss potential premium refunds with their insurance broker or provider.