What is the range of lease terms 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 their stores to use for deliveries. These vehicle lease terms range from four to five years. The expiration dates for these leases range from January 2026 to December 2028.
This information is relevant to potential franchisees as it provides insight into the company's leasing practices and the duration of their vehicle leases. Understanding the lease terms can help franchisees plan their operational expenses and manage their resources effectively.
It's important to note that these lease terms apply to the leases held by the company itself. Franchisees should inquire about whether they will be leasing vehicles directly from the same lessors under similar terms, or if they will have different leasing arrangements. Understanding these details is crucial for accurate financial planning.