What deposit amount is assumed in the estimated cost of annual insurance premiums for a Beggars Pizza?

According to Beggars Pizza's 2025 Franchise Disclosure Document, the estimated cost of annual insurance premiums assumes that franchisees will make deposits for one month's coverage. The actual cost of these annual premiums can vary significantly. Factors influencing the cost include the restaurant's location, the claims experience of commercial businesses in the area, and the franchisee's claims experience in other businesses they operate.

For a Beggars Pizza restaurant with 150 or fewer seats, the estimated initial investment for insurance ranges from $5,000 to $15,000. For a location with more than 150 seats, the estimated initial investment for insurance is between $14,000 and $50,000. These figures are estimates, and the actual costs may differ based on the factors mentioned above.

Prospective franchisees should consider these insurance costs as part of their initial investment. It is important to obtain accurate quotes from insurance providers to understand the specific costs for their location and business circumstances. Understanding these potential variations is crucial for sound financial planning when opening a Beggars Pizza franchise.