How many Beggars Pizza franchises were open as of December 31, 2022?
Beggars_Pizza Franchise · 2025 FDDAnswer from 2025 FDD Document
| 2023 | 2022 | ||
|---|---|---|---|
| Cash flows from operating activities: | $ | 800,280 | $ 705,221 |
| Net income | |||
| Adjustments to reconcile net income to net cash | |||
| provided by operating activities: | |||
| Changes in operating assets and liabilities: Royalty receivables Prepaid Expenses Accounts payable Accrued state taxes Deferred franchise fees | (5,455) (85,551) 25,825 (34,979) (12,500) | (41,084) - (73) 35,669 12,500 | |
| Net cash flows from operating activities | 687,620 | 712,233 | |
| Cash flows from financing activities - distributions | (638,217) | (736,087) | |
| Net change in cash | 49,403 | (23,854) | |
| Cash - beginning of the year | 174,543 | 198,397 | |
| Cash - end of the year | $ | 223,946 | $ 174,543 |
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 State of Illinois on April 15, 2004. The Company was established to franchise Begga
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, 2022, there were 19 Beggars Pizza franchises open. This indicates the size and scope of the franchise system at that specific point in time.
This information is relevant for prospective franchisees as it provides a snapshot of the franchise's established presence. Knowing the number of existing locations can help potential franchisees gauge the brand's market penetration and overall stability. It also offers a basis for comparison against other pizza franchises they may be considering.
It's worth noting that the number of franchises open can fluctuate year to year due to new openings, closures, or terminations. Therefore, while the 2022 figure provides a historical benchmark, prospective franchisees should also inquire about more recent data to understand the current trajectory of the Beggars Pizza franchise system.