What is the 'Franchise Agreement' mentioned in the Beggars Pizza Franchise Agreement Renewal Addendum?
Beggars_Pizza Franchise · 2025 FDDAnswer from 2025 FDD Document
[Item 22: CONTRACTS]
Our standard form of Franchise Agreement is attached to this disclosure document as Exhibit C. The Commissary Agreement you will sign with Begcom is attached as Exhibit D. The Speedline Agreements are attached as Exhibit I. Our standard form of Renewal Addendum is attached to this disclosure document as Exhibit J.
EXHIBIT C
BEGGARS PIZZA FRANCHISE, LLC FRANCHISE AGREEMENT
BEGGARS PIZZA FRANCHISE, LLC FRANCHISE AGREEMENT
TABLE OF CONTENTS
Source: Item 22 — CONTRACTS (FDD page 39)
What This Means (2025 FDD)
According to the 2025 Beggars Pizza Franchise Disclosure Document, the 'Franchise Agreement' is the agreement a franchisee enters into with Beggars Pizza to operate a restaurant under their brand. The standard form of this agreement is included as Exhibit C to the FDD.
The Franchise Agreement grants the franchisee the right and obligation to establish and operate a Beggars Pizza restaurant under the company's proprietary marks and system. The franchisee must operate the restaurant at the location specified in Exhibit A, also known as the 'Approved Location'. If a location hasn't been secured when the agreement is signed, the franchisee has 90 days to find and acquire a location, subject to Beggars Pizza's approval.
The franchisee cannot relocate the restaurant without prior written approval from Beggars Pizza, which Beggars Pizza may withhold at its discretion. The Franchise Agreement also outlines the terms and conditions for operating the Beggars Pizza restaurant, including standards for quality, cleanliness, appearance, and service. The franchisee acknowledges the importance of adhering to these standards.