What items in the Beggars Pizza Franchise Disclosure Document provide more details regarding pre-opening purchases/leases?
Beggars_Pizza Franchise · 2025 FDDAnswer from 2025 FDD Document
,000 | | | | |Except as otherwise described in the notes below, the tables above provide an estimate of the initial investment for a new Beggars Pizza® Restaurant. All costs listed in the table are estimates. Actual costs will vary for each franchise location. All fees and payments described in
this Item 7 are non-refundable unless otherwise stated or permitted by the payee. We do not offer financing for any part of the initial investment.
Note 1. The figures in the charts represent estimated pre-opening salaries of one employee during our three-week management training program. See Item 11 of this disclosure document for more information about our management training program. We will cover the cost of instructors and instructional materials, but you must pay your cost of travel, meals, lodging, and salaries.
Note 2. The figures in the charts reflect your estimated rent costs for your first month of operations (the estimated security deposit, calculated as two months' rent, plus rent for the first month). The estimate assumes an annual rent of between $17.00 and $25.00 per square foot. You will purchase or lease real estate for the operation of the Restaurant. Lease costs will vary based on square footage, cost per square foot, location, length of lease, age of the leased property, local market conditions, zoning, and the size of the premises. Beggars Pizza® Restaurants with fewer than 150 seats typically occupy approximately 3,500 square feet. Beggars Pizza® Restaurants with 150 or more seats typically occupy approximately 7,500 square feet of commercial space plus a parking area or garage near the Beggars Pizza® Restaurant. You should consult a real estate professional in your geographic area before purchasing a franchise.
Note 3. The cost of leasehold improvements will depend on the condition and size of the site, the local cost of contract work, and the location of the Restaurant. The figures in the charts represent the estimated cost of hiring an architect to conform standard plans to the layout of the Restaurant and to engage a general contractor to adapt the Restaurant to meet our standards. The estimate includes the costs of remodeling walls, ceilings, and floors and other renovations including electrical work, carpentry work, and the purchase and installation of signage and HVAC systems. The estimate does not include new const
Source: Item 9 — FRANCHISEE'S OBLIGATIONS (FDD pages 18–19)
What This Means (2025 FDD)
According to the 2025 Beggars Pizza Franchise Disclosure Document, Item 7 provides an estimate of the initial investment for a new Beggars Pizza restaurant. Note 2 in Item 7 discusses real estate costs, stating that franchisees will purchase or lease real estate for the operation of the Restaurant. It estimates annual rent of between $17.00 and $25.00 per square foot. Beggars Pizza restaurants with fewer than 150 seats typically occupy approximately 3,500 square feet, while those with 150 or more seats typically occupy approximately 7,500 square feet of commercial space plus a parking area or garage.
Note 3 in Item 7 states that the cost of leasehold improvements will depend on the condition and size of the site, the local cost of contract work, and the location of the Restaurant. The figures in the charts represent the estimated cost of hiring an architect to conform standard plans to the layout of the Restaurant and to engage a general contractor to adapt the Restaurant to meet Beggars Pizza's standards. The estimate includes the costs of remodeling walls, ceilings, and floors and other renovations including electrical work, carpentry work, and the purchase and installation of signage and HVAC systems, but does not include new construction costs.
Item 11 of the Beggars Pizza Franchise Disclosure Document provides more information about the management training program. Note 1 in Item 7 references Item 11, stating that the figures in the charts represent estimated pre-opening salaries of one employee during the three-week management training program. Beggars Pizza will cover the cost of instructors and instructional materials, but the franchisee must pay their cost of travel, meals, lodging, and salaries.