factual

Where is the billing interval indicated for a Beggars Pizza franchise?

Beggars_Pizza Franchise · 2025 FDD

Answer from 2025 FDD Document

  • b. The billing interval is indicated in the Quote. The Subscription Fees will be invoiced for each billing interval up to ten (10) days before the first day of that billing interval, in advance for that entire interval (except as otherwise agreed in writing for certain items), and are due upon receipt by Customer of SpeedLine's invoice (unless otherwise agreed to). If the Billing Start Date is the first day of a calendar month, then the regular, full billing intervals will start on that date. If not, then the regular, full billing intervals will start on the first day of the first full calendar month after the Billing Start Date and the Subscription Fees for the partial month starting on such Billing Start Date will be prorated and invoiced on or before the Billing Start Date.

Source: Item 23 — RECEIPT (FDD pages 39–192)

What This Means (2025 FDD)

According to the 2025 Beggars Pizza Franchise Disclosure Document, the billing interval for subscription fees is specified in the Quote. The Subscription Fees will be invoiced for each billing interval up to ten (10) days before the first day of that billing interval, in advance for that entire interval, unless otherwise agreed in writing. Payment is due upon receipt of the invoice.

For a prospective Beggars Pizza franchisee, this means that the frequency of billing for subscription fees (e.g., monthly, quarterly, annually) will be outlined in a document called the 'Quote.' Franchisees should carefully review this Quote to understand when they will be invoiced and when payments are due. This allows the franchisee to manage their cash flow effectively and avoid late payment penalties.

If the Billing Start Date is the first day of a calendar month, then the regular, full billing intervals will start on that date. If not, then the regular, full billing intervals will start on the first day of the first full calendar month after the Billing Start Date and the Subscription Fees for the partial month starting on such Billing Start Date will be prorated and invoiced on or before the Billing Start Date. It is important to note that pricing changes for Subscription Fees and other charges may occur as stated in Section 11.

If a franchisee's account becomes delinquent, with payment not received by the due date, interest will be charged at a rate of 1.5% per month (equivalent to 18% per annum) or the maximum applicable legal rate, whichever is less. SpeedLine also reserves the right to suspend or terminate the franchisee's access to the service with a 5-day email notice if the account falls into arrears.

Disclaimer: This information is extracted from the 2025 Franchise Disclosure Document and is provided for research purposes only. It does not constitute legal or financial advice. Consult with a franchise attorney before making any investment decisions.