How does a Beggars Pizza franchisee acquire the equipment from SpeedLine?
Beggars_Pizza Franchise · 2025 FDDAnswer from 2025 FDD Document
THIS SPEEDLINE SOLUTIONS INC. SYSTEM PURCHASE AGREEMENT ("Agreement") is made between SpeedLine Solutions Inc. ("SpeedLine") and the person, firm, corporation or other entity described below ("Customer" or "you").
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- ACQUISITION OF SYSTEM: SpeedLine will provide to the Customer and the Customer will purchase, receive or acquire from SpeedLine the equipment, the license for the on-premises implemented software and software made available via online services (collectively, the "software"), the support services and any related services described in the SpeedLine quote attached as Schedule "A" or entered into by the parties from time to time (each, a "Quote"), on the terms and conditions set forth herein and in the Quote.
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- PURCHASE OF EQUIPMENT: SpeedLine agrees to sell and the Customer agrees to purchase the equipment described in the Quote for the purchase price and on the terms and conditions set forth herein and in the Quote.
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- RECEIPT OF SOFTWARE LICENSE: SpeedLine agrees to provide the license for the software described in the Quote and the Customer agrees to pay the amount set forth in the Quote for such license on the terms and conditions set forth herein and in the Quote. The form of the license shall be in SpeedLine's current standard form of Software License Agreement, except for (where applicable) the SpeedDine online ordering service which shall be in SpeedLine's then current standard form of SpeedDine Online Ordering System Subscription Agreement.
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- SUPPORT SERVICES: SpeedLine agrees to provide the support services of the type and as otherwise set forth in the Quote and the Customer agrees to pay the amount set forth in the Quote for such support services on the terms and conditions set forth herein and in the Quote. The form of the agreement for the support services shall be in SpeedLine's current standard form of Support Services Agreement.
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- TERMS AND CONDITIONS OF PAYMENT: The terms and conditions of payment of all amounts owing by the Customer to SpeedLine hereunder are:
- (a) Any deposit as set forth in the Quote (where applicable), and (where applicable) signed equipment leasing documentation including the leasing company's approval of financing to the Customer and the leasing company's purchase order to SpeedLine for the equipment is required by SpeedLine prior to acceptance and processing of the Customer's order and prior to SpeedLine confirming the implementation and training dates.
Source: Item 23 — RECEIPT (FDD pages 39–192)
What This Means (2025 FDD)
According to Beggars Pizza's 2025 Franchise Disclosure Document, a franchisee acquires equipment from SpeedLine through a system purchase agreement. SpeedLine will provide the equipment, software license, support services, and related services as detailed in a SpeedLine quote. The franchisee is obligated to purchase or acquire these items from SpeedLine based on the terms and conditions outlined in both the agreement and the quote.
The franchisee's acquisition of equipment is formalized through a purchase agreement where SpeedLine agrees to sell, and the franchisee agrees to purchase, the equipment described in the quote. Payment terms require any deposit set forth in the quote and signed equipment leasing documentation, including leasing company approval and purchase order, before SpeedLine accepts the order and confirms implementation and training dates.
Title to the equipment passes to the franchisee upon the later of delivery to the common carrier or payment of all amounts owed. The franchisee is also responsible for covering costs of shipping, handling, and insurance for the equipment and software, F.O.B. SpeedLine's designated supply facility. The franchisee must also meet SpeedLine's implementation criteria for site preparation and maintain these standards. The franchisee is responsible for obtaining and maintaining all required permits and licenses before using the equipment and software at their location.
It's important to note that SpeedLine only provides the manufacturer's warranty for the equipment and disclaims all other warranties. The franchisee is responsible for paying all applicable taxes, duties, and governmental fees related to the sale of the equipment, services, and software license. Overdue payments incur interest at 18% per annum or the maximum rate permitted by law. Any changes to the location or increase in the number of terminals require SpeedLine's prior written consent.