Who pays the costs associated with electronic fund transfers for my Beggars Pizza franchise?

According to the 2025 Beggars Pizza Franchise Disclosure Document, the franchisee is responsible for covering all costs associated with electronic fund transfers (EFT). Specifically, the franchisee must pay for all product sales within seven days of receiving each invoice, and these payments must be made via direct deposit or EFT.

To facilitate these payments, the franchisee is required to maintain a designated bank account for the Beggars Restaurant's operations. Upon signing the agreement, the franchisee must provide the supplier with the bank and account number, a voided check, and written authorization allowing the supplier to withdraw funds via EFT without needing further consent for each payment.

Furthermore, the franchisee must execute any documents necessary to maintain the EFT arrangement as required by the supplier. If the franchisee changes banks or accounts, they must provide the new account information and authorization for withdrawals before the change takes effect. Failure to provide this information or withdrawing consent for EFT withdrawals constitutes a breach of the franchise agreement. Therefore, it is crucial for prospective franchisees to factor in these potential bank fees when assessing the overall cost of operating a Beggars Pizza franchise.