In what state did a transfer of a Beggars Pizza outlet from a franchisee to a new owner occur in 2023?
Beggars_Pizza Franchise · 2025 FDDAnswer from 2025 FDD Document
Table No. 2 Transfers of Outlets from Franchisee to New Owners (Other Than the Franchisor or an Affiliate) For Years 2022 to 2024
| 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, a transfer of a Beggars Pizza outlet from a franchisee to a new owner occurred in Illinois during 2023. The provided table summarizes transfers of outlets from franchisees to new owners for the years 2022 to 2024.
The table indicates that in 2023, there was one such transfer. The state in which this transfer occurred is listed as Illinois. There were no transfers in Illinois during 2022 or 2024.
This information is relevant for prospective franchisees as it provides insight into the frequency and location of franchise transfers within the Beggars Pizza system. A transfer indicates a change in ownership, which could be due to various reasons such as the franchisee selling the business, retiring, or other personal circumstances. Understanding the rate and location of these transfers can help a potential franchisee assess the stability and desirability of owning a Beggars Pizza franchise in a specific area.