Where can I find the specific provisions of the franchise and related agreements for Beggars Pizza?
Beggars_Pizza Franchise · 2025 FDDAnswer from 2025 FDD Document
[Item 17: RENEWAL, TERMINATION, TRANSFER, AND DISPUTE RESOLUTION]
| Provision | Section in Franchise Agreement | Summary |
|---|---|---|
| a. Length of the term of the franchise | 2.1. | Ten years. |
| b. Renewal or extension of the term | 2.2. | You have the right to renew for one additional ten-year term if certain conditions are met. |
| f. Termination by franchisor with cause | 15.1, 15.2, and 15.3. | We may terminate your Franchise Agreement if you default. |
[Item 17: RENEWAL, TERMINATION, TRANSFER, AND DISPUTE RESOLUTION]
| Provision | Section in Franchise Agreement | Summary |
|---|---|---|
| i. Franchisee's obligations on termination/non-renewal | 16. | You must (a) stop operating the Restaurant, dispose of any proprietary products, and cease holding yourself out as a present or former Beggars Pizza® franchisee, (b) stop using the System, all confidential information, and the Proprietary Marks, (c) cancel all assumed names containing the Proprietary Marks, (d) offer us the option to purchase or assume the lease for the Restaurant, (e) assign all telephone numbers to us that you used in connection with the operation of the Restaurant, (f) refrain from infringing on the Proprietary Marks, (f) pay all sums owing to us and our affiliates, (g) pay us liquidated damages, (h) return the Manuals and all other confidential information to us, (i) cancel or assign to us all Internet domain names, URLs, and Internet sites containing or reflecting the Proprietary Marks, (j) offer us the option to purchase the Restaurant's assets, and (k) comply with non-competition and confidentiality covenants. |
| j. Assignment of contract by franchisor | 14.1. | We may transfer or assign your Franchise Agreement or any part of its rights or obligations to any party. Any designated assignee will become solely responsible for all our obligations under your Franchise Agreement from the date of assignment. |
| k. "Transfer" by franchisee – defined | 14.2. | A "transfer" is when you sell, assign, transfer, convey, pledge, encumber, merge, or give away any direct or indirect interest in your Franchise Agreement, yourself, or all or substantially all of the assets of the Restaurant. |
Source: Item 17 — RENEWAL, TERMINATION, TRANSFER, AND DISPUTE RESOLUTION (FDD pages 31–35)
What This Means (2025 FDD)
According to Beggars Pizza's 2025 Franchise Disclosure Document, Item 17 provides a summary of provisions related to renewal, termination, transfer, and dispute resolution. The specific sections in the Franchise Agreement that detail these provisions are referenced in the second column of the provided tables.
For instance, the length of the initial franchise term is detailed in Section 2.1 of the Franchise Agreement, which specifies a term of ten years. The conditions for renewal or extension of the term are found in Section 2.2. Termination conditions by Beggars Pizza with cause are outlined in Sections 15.1, 15.2, and 15.3, while franchisee obligations upon termination or non-renewal are detailed in Section 16. The franchisor's right to assign the contract is covered in Section 14.1, and the definition of a 'transfer' by the franchisee is found in Section 14.2.
Prospective franchisees should carefully review these sections within the Franchise Agreement to fully understand their rights and obligations regarding the franchise term, renewal options, termination conditions, and transfer possibilities. Understanding these provisions is crucial for making informed decisions about investing in a Beggars Pizza franchise.