How many Beggars Pizza franchises were open as of December 31, 2021?
Beggars_Pizza Franchise · 2025 FDDAnswer from 2025 FDD Document
| 2022 | 2021 | ||
|---|---|---|---|
| (As Restated) | |||
| Cash flows from operating activities: | $ 705,221 | $ | 864,598 |
| Net income | |||
| Adjustments to reconcile net income to net cash | |||
| provided by operating activities: | |||
| Changes in operating assets and liabilities: Royalty receivables Accounts payable Accrued state taxes Deferred franchise fees | (41,084) (73) 35,669 12,500 | 17,713 (6,348) - 25,000 | |
| Net cash flows from operating activities | 712,233 | 900,963 | |
| Cash flows from financing activities - distributions | (736,087) | (993,346) | |
| Net change in cash | (23,854) | (92,383) | |
| Cash - beginning of the year | 198,397 | 290,780 | |
| Cash - end of the year | $ 174,543 | $ | 198,397 |
1. Summary of Significant Accounting Policies
Organization – Beggars Pizza Franchise, LLC (formerly known as Beggars Pizza Franchise Corporation) (the "Company") was incorporated under the laws of the
Source: Item 21 — FINANCIAL STATEMENTS (FDD page 39)
What This Means (2025 FDD)
According to Beggars Pizza's 2025 Franchise Disclosure Document, as of December 31, 2021, there were 19 Beggars Pizza franchises open. The FDD also notes that the company was established to franchise Beggars Pizza specialty pizza retail stores in the Chicagoland area.
This information is relevant to potential franchisees as it provides a snapshot of the size and scope of the Beggars Pizza franchise system at that time. Knowing the number of existing franchises can help a prospective franchisee gauge the brand's market presence and stability.
It is important to note that this number reflects a specific point in time and may have changed since then. For example, the document indicates there were 20 franchises open as of December 31, 2022, suggesting growth in the number of franchises. Reviewing franchise growth trends over multiple years can provide a more comprehensive understanding of the franchise system's expansion.