PizzaExpress

Franchise agreement

During the term of this Agreement, you will, at your expense, maintain at the Restaurant premises and retain for a minimum of five (5) years from the date of their preparation, complete and accurate books, records and accounts (using such methods and systems of bookkeeping and accounting as we may require) relating…

Item 11

We also may independently access financial information and customer data produced by or otherwise located on your Computer System.

Franchise agreement

You must provide us with: (i) a profit and loss statement for your Restaurant within five (5) Business Days of the end of each Accounting Period; (ii) a certified copy of the audited profit and loss account, cash flow and balance sheet of your Restaurant, and such other accounting and financial information as we may…

Item 8

During the fiscal year ended December 31, 2024, we did not receive any revenue as a result of franchisee purchases or leases.

Item 8

We (directly or through an affiliate) may derive revenue directly or in the form of rebates or other payments from suppliers, based directly or indirectly on sales of Products, advertising materials and other items to franchisees, and from other service providers.

Item 8

We estimate that the purchase or lease of products, equipment, software, signs, fixtures, furnishings, supplies, advertising and sales promotions materials and other items that meet our specifications will represent approximately 50% to 85% of the cost to develop the Restaurant and approximately 50% to 85% of the…

Item 8

You must pay the reasonable cost of the inspection and evaluation, which currently is $1,400 per request, plus the costs and expenses we incur.

Item 8

If you propose to use any products, material, fixture, equipment, 2025 PizzaExpress FDD (Unit) 15 80135252.v2 sign or other item which we have not approved, or purchase any items from any supplier that we have not approved, you must first notify us in writing and must provide us with sufficient information…

Franchise agreement

You acknowledge that we have the sole right to and interest in all telephone numbers and directory listings associated with the Marks, and you authorize us, and appoint us as your attorney-in-fact, to direct the telephone company and all listing agencies to transfer such numbers and listings to us;

Franchise agreement

You must participate in our designated Payment Card Industry (“PCI”) compliance program and comply with all applicable data security standards.

Franchise agreement

To determine whether you are complying with this Agreement, we or our designees may, at any time during business hours and without prior notice to you, inspect the Restaurant and test, sample, inspect and evaluate your supplies, ingredients and Products as well as the storage and preparation of those items.

Franchise agreement

We may add to, and otherwise modify, the Manual to reflect changes in authorized Products and services, and specifications, standards and operating procedures of a PizzaExpress Restaurant.

Item 11

You shall select the site of the Restaurant within the Site Selection Area set forth in Exhibit C.

Item 13

You may not market, advertise or promote your Restaurant or conduct any business using the Marks on any website or otherwise on the Internet, including using social and professional networking sites to promote your Restaurant, except as provided in our written social media policy (if any) or with our prior written…

Item 11

you are required to spend at least 1% of your monthly Gross Sales to promote the Restaurant in your local market area (the “Local Advertising Contribution”).

Franchise agreement

You must, at your expense, participate in, and honor all provisions of any gift card and/or loyalty program that we have established or may establish and as we may modify, as further described in the Manual.

Item 11

Each PizzaExpress restaurant located within the designated area of a cooperative will be a member of the cooperative.

Item 8

You must purchase for use or sale at your Restaurant those food products and alcoholic and non- alcoholic drinks used in or sold at your Restaurant and other services or products we designate from us, our designees or from other suppliers we approve.

Item 8

The Approved Suppliers List may specify the specific manufacturer of a specific product or piece of equipment and you can purchase those products only from a source identified on the Approved Suppliers List.

Franchise agreement

You will pay the Royalty Fee to us by electronic funds transfer where we will electronically debit your designated bank account, as described in Section 4(G), unless we specify otherwise in writing.

Item 8

You must, at your expense, participate in, and honor all provisions of any gift card or loyalty programs we establish, and use any designated providers we specify for such programs.

Item 15

The Restaurant must at all times be under the Operating Principal’s direct supervision, and the Operating Principal or a certified manager who has successfully completed our initial training program must be the on-site manager at the Restaurant at all times.

Franchise agreement

Each of your employees will wear only those uniforms which we have approved in writing;

Item 11

You must purchase the computer, point-of-sale and reporting system, including all existing or future communication or data storage systems, components thereof and associated service, which we have developed or selected for the System (“Computer System”).

Item 11

We also may independently access financial information and customer data produced by or otherwise located on your Computer System.

Franchise agreement

We may charge you our then-current fee for these supplemental and refresher training programs (currently $330 per day), and pay or reimburse us for the expenses incurred by your representatives, including the costs of travel, lodging, meals, and wages (not to exceed $2,800).

Item 11

We reserve the right to require that your Operating Principal and additional key management personnel must attend, at your expense, all mandatory franchise conventions and meetings we may hold, which may be located within or outside of the United States.