What is the geographic limit for the location of the designated bank account for a Beggars Pizza franchise?

According to Beggars Pizza's 2025 Franchise Disclosure Document, a franchisee must maintain a designated bank account for their restaurant's operation. All revenues must be deposited into this account within two days of receipt. Importantly, this designated bank account must be located within the United States and governed by its laws.

This requirement ensures that Beggars Pizza can easily monitor and manage the financial transactions of its franchisees. By mandating a U.S.-based bank account, Beggars Pizza can comply with U.S. financial regulations and ensure the funds are accessible for audits, payments, and other financial obligations.

For a prospective franchisee, this means they must establish a business bank account within the United States. This account will be used for all restaurant-related income and expenses. Franchisees should factor in the time and potential costs associated with setting up and maintaining such an account when evaluating the overall investment.

This requirement is fairly standard in franchising, as franchisors typically need to have oversight and control over financial aspects of the business to protect their brand and ensure compliance. Franchisees should ensure they understand all the requirements related to this bank account, including any reporting obligations or restrictions on withdrawals, as outlined in the Franchise Agreement.