What is the deadline for a Beggars Pizza franchisee to obtain a site for their restaurant after executing the Franchise Agreement?
Beggars_Pizza Franchise · 2025 FDDAnswer from 2025 FDD Document
| | Beggars Pizza Franchise, LLC Franchise Agreement (the "Agreement") and desire to supplement | | its terms, as set forth below. The parties hereto therefore agree as follows: | | | Within ninety (90) days after Franchisee's execution of the Agreement, Franchisee | | | must obtain a site, at Franchisee's expense, for the Beggars Pizza® restaurant (the "Restaurant") | | | franchised under the Agreement, which premises must be approved by Franchisor as hereinafter | | | provided. The premises must be within the following territory (the "Site Selection Territory"): |
Source: Item 22 — CONTRACTS (FDD page 39)
What This Means (2025 FDD)
According to the 2025 Beggars Pizza Franchise Disclosure Document, a franchisee must obtain a site for their Beggars Pizza restaurant within 90 days of executing the Franchise Agreement. This site is subject to approval by Beggars Pizza. The franchisee is responsible for all expenses related to obtaining the site.
Beggars Pizza requires the franchisee to submit a proposed site for approval within 60 days after the execution of the Site Selection Addendum. This submission must include a completed site review form, any other required information, and a letter of intent or evidence confirming the franchisee's prospects for securing the site. Beggars Pizza then has 30 days to approve or disapprove the proposed location.
Failure to secure premises within the specified timeframe constitutes a default under the Franchise Agreement and Site Selection Addendum. Beggars Pizza also commits to not establishing or franchising another Beggars Pizza restaurant within the Site Selection Territory until a location is approved or the time to obtain a site expires, highlighting the importance of adhering to the deadlines.