factual

When is the rent or real estate payment due for a Beggars Pizza franchise?

Beggars_Pizza Franchise · 2025 FDD

Answer from 2025 FDD Document

fewer seats:

Expense Amount Method of Payment When Due To Whom Payment is Made
Initial Franchise Fee $25,000 $25,000 Lump sum When you sign your Franchise Agreement Us
Travel and Living Expenses During Training (Note 1) $1,000 $5,000 As incurred During training Airlines, hotels, restaurants, etc.
Rent or Real Estate (not $15,000 $22,000 As arranged Before opening Lessor
including the purchase of
property)(Note 2)
Improvements (build-out) $150,000 $350,000 As arranged Before opening Contractor
(Note 3)
Furniture and Fixtures (Note 4) $5,000 $50,000 As arranged Before opening or as arranged with vendors Vendors
Equipment (Note 4) $75,000 $150,000 As arranged Before opening or as arranged with vendors Vendors
Insurance (Note 5) $5,000 $15,000 As arranged Prior to opening Insurance companies
Signage $5,000 $25,000 As arranged Before opening or as arranged with vendors Vendors
Miscellaneous $2,000 $5,000 As incurred Before opening Suppliers, utility
Opening Costs companies, etc.
Opening Inventory $5,000 $7,500 As arranged Before opening Us, our affiliates, or
(Note 6) approved suppliers
Grand Opening $10,000 $10,000 As arranged Within 30 days Distribution services
Advertising after opening and media providers
Computer Equipment and $35,000 $50,000 As arranged Before opening Vendors
Software (POS system) or as arranged
(Note 7) with vendors
Additional Funds $10,000 $25,000 As incurred As incurred Employees, suppliers,
(Note 8) utility companies, etc.
TOTALS $343,000 to $739,500 For a Beggars Pizza® Restaurant with more than 150 seats:
Expense Amount Method of Payment When Due To Whom Payment is Made
Initial Franchise Fee $40,000 $40,000 Lump sum When you sign your Franchise Agreement Us
Travel and Living Expenses During Training (Note 1) $1,000 $5,000 As incurred During training Airlines, hotels, restaurants, etc.
Rent or Real Estate (not $32,000 $47,000 As arranged Before opening Lessor
including the purchase of
property) (Note 2)
Improvements (build-out) $250,000 $400,000 As arranged Before opening Contractor
(Note 3)
Furniture and Fixtures (Note 4) $75,000 $200,000 As arranged Before opening or as arranged with vendors Vendors
Equipment (Note 4) $125,000 $175,000 As arranged Before opening or as arranged with vendors Vendors
Insurance (Note 5) $14,000 $50,000 As arranged Prior to opening Insurance companies
Signage $5,000 $25,000 As arranged Before opening or as arranged with vendors Vendors
Miscellaneous $2,000 $5,000 As incurred Before opening Suppliers, utility
Opening Costs companies, etc.
Opening Inventory $5,000 $8,000 As arranged Before opening Us, our affiliates, or
(Note 6) approved suppliers
Grand Opening $10,000 $10,000 As arranged Within 30 days Distribution services
Advertising after opening and media providers
Computer Equipment and $50,000 $75,000 As arranged Before opening Vendors
Software (POS system) or as arranged
(Note 7) with vendors
Additional Funds $20,000 $40,000 As incurred As incurred Employees, suppliers,
(Note 8) utility companies, etc.
TOTALS $629,000 to $1,080,000 Except as otherwise described in the notes below, the tables above provide an estimate of the initial investment for a new Beggars Pizza® Restaurant. All costs listed in the table are estimates. Actual costs will vary for each franchise location.

Source: Item 7 — ESTIMATED INITIAL INVESTMENT (FDD pages 11–15)

What This Means (2025 FDD)

According to Beggars Pizza's 2025 Franchise Disclosure Document, rent or real estate payments (excluding property purchases) are due before the restaurant opens. For a Beggars Pizza restaurant with 150 or fewer seats, the estimated rent or real estate costs range from $15,000 to $22,000. For a restaurant with more than 150 seats, these costs are estimated to be between $32,000 and $47,000.

These figures represent the estimated rent costs for the first month of operations, including the security deposit, which is calculated as two months' rent, plus the rent for the first month. The FDD estimates assume an annual rent of between $17.00 and $25.00 per square foot. However, the actual lease costs can vary significantly based on factors such as the square footage, cost per square foot, location, lease length, age of the property, local market conditions, and zoning.

Prospective franchisees should consult with a real estate professional in their area to get a more accurate assessment of potential rent or real estate costs. Understanding these costs is crucial, as they represent a significant portion of the initial investment required to start a Beggars Pizza franchise. The 'as arranged' method of payment suggests there might be some flexibility in payment terms, but franchisees should clarify these details with the lessor before signing any agreements.

Disclaimer: This information is extracted from the 2025 Franchise Disclosure Document and is provided for research purposes only. It does not constitute legal or financial advice. Consult with a franchise attorney before making any investment decisions.