How many Beggars Pizza franchises were transferred in Illinois during 2023?
Beggars_Pizza Franchise · 2025 FDDAnswer from 2025 FDD Document
| State | Year | Number of Transfers |
|---|---|---|
| Illinois | 2022 | 0 |
| 2023 | 1 | |
| 2024 | 0 | |
| Total | 2022 | 0 |
| 2023 | 1 | |
| 2024 | 0 |
Source: Item 20 — OUTLETS AND FRANCHISEE INFORMATION (FDD pages 36–39)
What This Means (2025 FDD)
According to Beggars Pizza's 2025 Franchise Disclosure Document, there was one franchise transfer in Illinois during 2023. This information is provided in Table No. 2, which details the transfers of outlets from franchisees to new owners, excluding transfers to the franchisor or an affiliate. The table also shows that there were no transfers in Illinois during 2022 and 2024.
For a prospective franchisee, this data point provides insight into the stability and desirability of existing Beggars Pizza locations. A low number of transfers could indicate that franchisees are generally satisfied with their businesses and are not frequently seeking to sell them. Conversely, a high number of transfers might raise concerns about profitability, support, or other factors affecting franchisee success.
It's important to note that this table only reflects transfers to new owners and does not include instances where the Beggars Pizza corporate entity or an affiliate reacquired the outlet. Reviewing the broader context of outlet transfers, closures, and openings, as presented in other tables within Item 20, can provide a more comprehensive understanding of the franchise system's health and dynamics. A potential franchisee should investigate the reasons behind any transfers to fully assess the opportunity.