When are invoices for shipping and handling due for a Beggars Pizza franchise's SpeedLine system?
Beggars_Pizza Franchise · 2025 FDDAnswer from 2025 FDD Document
- (c) All amounts owing by the Customer to SpeedLine hereunder which are not known at the time of signing the Agreement, including, but without limitation, costs of shipping and handling, and insurance during shipment and delivery of the equipment and on-premises implemented software, shall be invoiced by SpeedLine to the Customer, and shall be paid by the Customer to SpeedLine or as directed by SpeedLine in full by the due date indicated on the invoice, which will be issued based upon SpeedLine's then-current standard invoicing terms.
Source: Item 23 — RECEIPT (FDD pages 39–192)
What This Means (2025 FDD)
According to the 2025 Beggars Pizza FDD, amounts owed for shipping, handling, and insurance during the shipment and delivery of equipment and on-premises implemented software for the SpeedLine system are invoiced by SpeedLine to the franchisee. These invoices are due in full by the date indicated on the invoice. The invoice date is determined by SpeedLine's standard invoicing terms at that time.
This means that as a Beggars Pizza franchisee, you will need to pay these shipping and handling costs according to the timeline SpeedLine sets in their invoice. The exact due date will vary depending on SpeedLine's current invoicing practices. It is important to note that these costs are in addition to any deposits already paid and the balance set forth in the Quote provided by SpeedLine.
Prospective franchisees should clarify SpeedLine's current standard invoicing terms to understand the payment schedule for these charges. This will help in budgeting and managing cash flow when setting up the SpeedLine system for their Beggars Pizza franchise.