factual

Is there any exception to the 90-day deadline for obtaining a site for a Beggars Pizza restaurant?

Beggars_Pizza Franchise · 2025 FDD

Answer from 2025 FDD Document

------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------| | | , entered into a certain | | | Beggars Pizza Franchise, LLC Franchise Agreement (the "Agreement") and desire to supplement | | its terms, as set forth below. The parties hereto therefore agree as follows: | | | | Within ninety (90) days after Franchisee's execution of the Agreement, Franchisee | | | must obtain a site, at Franchisee's expense, for the Beggars Pizza® restaurant (the "Restaurant") | | | franchised under the Agreement, which premises must be approved by Franchisor as hereinafter | | | provided.

Source: Item 22 — CONTRACTS (FDD page 39)

What This Means (2025 FDD)

According to the 2025 Beggars Pizza Franchise Disclosure Document, a franchisee must obtain a site for their Beggars Pizza restaurant within 90 days of executing the Franchise Agreement. This site must be approved by Beggars Pizza. The document does not explicitly state any exceptions to this 90-day deadline.

However, the Site Selection Addendum outlines the process for site selection, including submitting a site review form and a letter of intent to Beggars Pizza for approval within 60 days of executing the addendum. Beggars Pizza then has 30 days to approve or disapprove the site. Failure to obtain premises within the 90-day timeframe constitutes a default under the agreement.

While no explicit exceptions are mentioned, the FDD does not exclude the possibility of an extension or waiver in unforeseen circumstances. A prospective Beggars Pizza franchisee should clarify with the franchisor whether any exceptions to the 90-day deadline exist and under what conditions they might be granted. It would also be prudent to understand the process and criteria for site approval to minimize delays.

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.