What were the total operating expenses for Beggars Pizza in 2023?
Beggars_Pizza Franchise · 2025 FDDAnswer from 2025 FDD Document
| 2023 | 2022 | ||
|---|---|---|---|
| Net sales - royalties and other revenues | $ 1,593,982 | $ 1,520,563 | |
| Operating expenses: | |||
| Management fees | 579,820 | 666,106 | |
| Professional fees | 60,884 | 113,460 | |
| Brand development | 95,897 | - | |
| Trade show | 9,729 | - | |
| Donations | 30,000 | 25,000 | |
| Training | 10,920 | 9,820 | |
| Miscellaneous | 6,452 | 956 | |
| Total operating expenses | 793,702 | 815,342 | |
| Net income | $ 800,280 | $ 705,221 | |
| Members' equity - beginning of year | $ 201,534 | $ 232,400 | |
| Net income | 800,280 | 705,221 | |
| Distributions | (638,217) | (736,087) | |
| Members' equity - end of year | $ 363,597 | $ 201,534 |
Source: Item 23 — RECEIPT (FDD pages 39–192)
What This Means (2025 FDD)
According to Beggars Pizza's 2025 Franchise Disclosure Document, the total operating expenses for the company in 2023 were $793,702. These expenses include several categories, such as management fees, professional fees, brand development, trade show costs, donations, training expenses, and miscellaneous costs.
Management fees accounted for a significant portion of the operating expenses, totaling $579,820 in 2023. Other notable expenses included brand development at $95,897 and professional fees at $60,884. Beggars Pizza also incurred costs for trade shows ($9,729), donations ($30,000), and training ($10,920). Miscellaneous expenses made up a smaller portion, amounting to $6,452.
Prospective franchisees should consider these operating expenses when evaluating the financial performance of Beggars Pizza. Understanding the breakdown of these expenses can help franchisees anticipate their own potential costs and assess the overall profitability of the franchise. Reviewing these figures over multiple years, as presented in the FDD, can also provide insights into trends and potential fluctuations in operating costs.