Does the leasehold improvement estimate for a Beggars Pizza include the cost of hiring an architect?
Beggars_Pizza Franchise · 2025 FDDAnswer from 2025 FDD Document
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 construction costs.
Source: Item 7 — ESTIMATED INITIAL INVESTMENT (FDD pages 11–15)
What This Means (2025 FDD)
According to Beggars Pizza's 2025 Franchise Disclosure Document, the estimated cost for leasehold improvements includes the cost of hiring an architect. Note 3 in Item 7 clarifies that the figures provided in the charts represent the estimated cost of hiring an architect to adapt standard plans to the restaurant's layout. This also includes engaging a general contractor to ensure the restaurant meets Beggars Pizza's standards.
This estimate further encompasses remodeling costs for walls, ceilings, and floors, as well as other renovations like electrical and carpentry work. It also accounts for the purchase and installation of signage and HVAC systems. However, it's important to note that the estimate specifically excludes new construction costs.
For a Beggars Pizza restaurant with 150 or fewer seats, the estimated cost for improvements ranges from $150,000 to $350,000. For restaurants with more than 150 seats, this estimate increases to between $250,000 and $400,000. These figures are estimates and the actual costs may vary depending on factors such as the condition and size of the site, local labor costs, and the restaurant's location.