factual

In the Monicals Pizza development schedule, what does the 'Cumulative Number to be in Operation' column represent?

Monicals_Pizza Franchise · 2025 FDD

Answer from 2025 FDD Document

*For each Franchised Restaurant to be established pursuant to this Development Agreement, assign a Center Number, i.e., 1, 2, 3, etc., a date which the Franchised Restaurant is required to be open "Opening Date," and the cumulative number of open Franchised Restaurants. The cumulative number shall take into account any Franchised Restaurants, which Developer has established or is in the process of opening or that were purchased from a transferring franchisee, as the case may be, prior to entering into this Development Agreement.

Source: Item 23 — RECEIPTS (FDD pages 46–257)

What This Means (2025 FDD)

According to the 2025 Monicals Pizza Franchise Disclosure Document, the 'Cumulative Number to be in Operation' column in the Development Schedule represents the total number of Monicals Pizza restaurants a developer is expected to have open. This number accounts for any restaurants the developer already owns, is in the process of opening, or has acquired from another franchisee before entering into the Development Agreement.

For a prospective Monicals Pizza area developer, this means the development schedule will consider their existing Monicals Pizza restaurants when determining the number of new locations they are obligated to open. This ensures that the developer's expansion goals align with the overall growth strategy of Monicals Pizza.

For example, if a developer already operates two Monicals Pizza restaurants and the development schedule requires a cumulative number of five restaurants to be in operation by a certain date, the developer would only need to open three additional locations to meet their obligation. This approach allows Monicals Pizza to tailor development agreements to the specific circumstances and existing footprint of each developer.

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.