What is the estimated range for improvement (build-out) costs for a Beggars Pizza franchise?
Beggars_Pizza Franchise · 2025 FDDAnswer from 2025 FDD Document
| Expense | Amount | Method of Payment | When Due | To Whom Payment is Made | |
|---|---|---|---|---|---|
| Improvements (build-out) | $150,000 | $350,000 | As arranged | Before opening | Contractor |
| (Note 3) |
| Expense | Amount | Method of Payment | When Due | To Whom Payment is Made | |
|---|---|---|---|---|---|
| Improvements (build-out) | $250,000 | $400,000 | As arranged | Before opening | Contractor |
| (Note 3) |
Note 3. The cost of leasehold improvements will depend on the condition and size of the site, the local cost of contract work, and the location of the Restaurant. The figures in the charts represent the estimated cost of hiring an architect to conform standard plans to the layout of the Restaurant and to engage a general contractor to adapt the Restaurant to meet our standards. The estimate includes the costs of remodeling walls, ceilings, and floors and other renovations including electrical work, carpentry work, and the purchase and installation of signage and HVAC systems. The estimate does not include new construction costs.
Source: Item 7 — ESTIMATED INITIAL INVESTMENT (FDD pages 11–15)
What This Means (2025 FDD)
According to Beggars Pizza's 2025 Franchise Disclosure Document, the estimated cost for leasehold improvements, or build-out costs, varies depending on the restaurant size. For a Beggars Pizza restaurant with 150 seats or fewer, the estimated range is between $150,000 and $350,000. For a larger Beggars Pizza restaurant with more than 150 seats, the estimated range is $250,000 to $400,000. These costs are typically arranged with a contractor and are due before the restaurant opens.
The FDD notes that the cost of leasehold improvements depends on factors such as the condition and size of the site, the local cost of contract work, and the location of the restaurant. The estimate includes the cost of hiring an architect to conform standard plans to the layout of the restaurant and to engage a general contractor to adapt the restaurant to meet Beggars Pizza's standards. It also covers remodeling walls, ceilings, and floors, as well as other renovations, including electrical and carpentry work, and the purchase and installation of signage and HVAC systems. However, the estimate does not include new construction costs.
Prospective franchisees should be aware that these figures are only estimates, and actual costs may vary. It is crucial to consider the specific characteristics of the chosen location and consult with local contractors and real estate professionals to obtain more accurate estimates. Understanding the factors that influence build-out costs can help franchisees plan their budget effectively and avoid potential financial challenges during the initial stages of establishing their Beggars Pizza franchise.