What is the range of expiration dates for Monicals Pizza's vehicle leases?
Monicals_Pizza Franchise · 2025 FDDAnswer from 2025 FDD Document
Additionally, the Company leases vehicles for their stores to use for deliveries. The vehicle lease terms range from four to five years with expiration dates ranging from January 2026 to December 2028.
Source: Item 23 — RECEIPTS (FDD pages 46–257)
What This Means (2025 FDD)
According to Monicals Pizza's 2025 Franchise Disclosure Document, the company leases vehicles for store deliveries. These vehicle leases have terms ranging from four to five years. The expiration dates for these leases fall between January 2026 and December 2028.
This information is relevant for prospective franchisees as it provides insight into the company's operational costs and lease management practices. Understanding the lease terms and expiration dates can help franchisees plan for future expenses related to vehicle leases.
It is important to note that these leases are the responsibility of Monicals Pizza, not necessarily the franchisee. However, the franchisee will likely be using the vehicles and should be aware of the lease terms. Franchisees should inquire about the specific terms of vehicle leases applicable to their location and how these costs are managed within the franchise agreement.