What action by a Beggars Pizza franchisee constitutes a breach of the agreement regarding the bank account?

According to the 2025 Beggars Pizza Franchise Disclosure Document, a franchisee's failure to provide information about the designated bank account or any new account, or withdrawing consent for withdrawals, constitutes a breach of the agreement. Specifically, the franchisee is required to maintain a designated bank account for the Beggars Pizza restaurant, deposit all revenues into this account within two days of receipt, and authorize the supplier to withdraw funds via EFT.

This requirement ensures that Beggars Pizza can receive payments for products and services in a timely manner. The designated bank account must be located within the United States and governed by its laws. The franchisee must provide the bank and account number, a voided check, and written authorization for EFT withdrawals to the supplier upon execution of the agreement.

If a franchisee changes banks or accounts, they must provide information about the new account and authorization for withdrawals before the change. Failure to comply with these requirements, including withdrawing consent for withdrawals, is considered a breach of the agreement. This breach could lead to further action by Beggars Pizza, as outlined in the franchise agreement.