Does the Beggars Pizza franchise agreement specify a deadline for requesting a renewal?
Beggars_Pizza Franchise · 2025 FDDAnswer from 2025 FDD Document
| Provision | Section in Franchise Agreement | |
|---|---|---|
| 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. |
| c. Requirements to renew or extend | 2.2. | Conditions include (a) timely delivery of written notice of your election to renew, (b) completion of all maintenance, refurbishing, renovating, and remodeling of the Restaurant and all of the equipment, fixtures, furnishings, and interior and exterior signage as we require so that the Restaurant reflects the then-current image of a Beggars Pizza® Restaurant, (c) your current compliance with your Franchise Agreement and substantial compliance with your Franchise Agreement during the term to date, (d) your satisfaction of all monetary obligations owed to us, our affiliates, and trade creditors, (e) presenting satisfactory evidence of your ability to remain in possession of the Restaurant premises for the duration of the renewal term, (f) your execution of our then-current form of Franchise Agreement which may have materially different terms and conditions than your initial Franchise Agreement, (g) your and your owners' execution of a general release, (h) your compliance with our then-current qualification and training requirements, and (i) your payment of a renewal fee. |
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, a franchisee has the right to renew their franchise agreement for one additional ten-year term if certain conditions are met. One of these conditions includes the "timely delivery of written notice of your election to renew."
While the FDD specifies that timely written notice is required, it does not state a specific deadline or timeframe for submitting this renewal request. This means that the franchise agreement itself should be consulted to determine the exact deadline for notifying Beggars Pizza of the franchisee's intent to renew the agreement.
It is important for a prospective Beggars Pizza franchisee to understand all the conditions required for renewal, including the specific deadline for submitting a renewal request, as failure to meet these conditions could result in the franchisee losing the right to renew their franchise agreement. Franchisees should also be aware that the renewal agreement may have materially different terms and conditions than the initial agreement.