Antioch Pizza ShopFranchise Cost, Revenue & Review 2026
Data from FDD filing + SBA 7(a) records
FranchiseVerdict summary · 2026
A Antioch Pizza Shop franchise requires a total initial investment of $106K – $729K, including a $40K franchise fee and an ongoing 5.0% royalty[2]. Per the 2025 FDD, average unit revenue was $1.9M[2]. Verdict grade: B. Run a live ROI scan →
Data last verified June 18, 2026 · figures per the 2025 FDD issuance
Overview
- Investment
- $106K – $729K
- 4th pct Service Resta…
- Avg gross sales
- $1.9M
- 20th pct Service Resta…
- Royalty
- 5.0%
- 7th pct Service Resta…
- Units
- 10
- 21st pct Service Resta…
- SBA default
- N/A
Quick verdict · Full-Service Restaurants · color = vs category peers
Green = >15% above Full-Service Restaurants avg · No shading = within ±15% · Red = >15% below avg · Source: FDD filings + SBA 7(a)
Data from public FDD filings and SBA records. Not financial advice. Methodology
Each dollar invested generates 4.6x in gross revenue, well above the typical 1.5-2.5x range.
Franchised units fell from 9 to 5 over 3 years. Investigate why operators are leaving.
Bottom line
- Total investment $106K – $729K including a $40K franchise fee, 5.0% ongoing royalty.
- Average unit revenue of $1.9M/year.
- Verdict B (Above Average) with a risk score of 57/100.
Item 1 · who you're contracting with
The Franchisor
- Legal entity
- Wix Franchise, Inc.
- Ultimate parent
- None
- CEO title
- President
- Karen Wicklein
- CEO experience
- 2015 yrs
- Years in role or industry
- Founder active
- Yes
- Original founder still leading the business
- Incorporated in
- IL
- HQ
- 1368 Bayshore Drive, Antioch, Illinois 60002
- Auditor
- Kezos & Dunlavy
- Audited financials
- Franchisor revenue
- $391K
- vs $380K prior year
Affiliated brands
- Wix Repair
- Wix Pizza
Other brands the franchisor or its parent operates (Item 1).
Overview
About
Franchisees operate quick-service or casual pizza restaurants under the Antioch Pizza Shop brand, managing daily food preparation, customer service, staff scheduling, and local marketing. Daily operations include inventory management, food cost control, and maintaining brand standards across dine-in, takeout, and potentially delivery channels.
- CEO
- Karen Wicklein
- Headquarters
- IL
- Founded
- 2015
- FDD year
- 2025
- States available
- 2
FDD Item 7 · 2025 filing · 24 line items
Initial investment breakdown
| Line item | Low | High | |
|---|---|---|---|
| Initial Franchise Fee (Dine-In and Take-Out/Delivery)not refundable | $40K | $40K | |
| Training Expenses (Transportation, Lodging, Meals) - Dine-In/Take-Out | $3K | $13K | |
| Real Property (lease of 1,500 or more square feet) - Dine-In/Take-Out | $6K | $17K | |
| Leasehold Improvements - Dine-In/Take-Out | $32K | $362K | |
| Fixtures and Equipment - Dine-In/Take-Out | $105K | $210K | |
| Insurance - Dine-In/Take-Out | $5K | $8K | |
| Inventory - Dine-In/Take-Out | $4K | $6K | |
| Security Deposits, Utility Deposits, Business Licenses and Other Prepaid Expenses - Dine-In/Take-Out | $5K | $8K | |
| Professional Fees - Dine-In/Take-Out | $5K | $21K | |
| Signage - Dine-In/Take-Out | $4K | $7K | |
| Grand Opening Marketing - Dine-In/Take-Out | $3K | $5K | |
| Additional Funds (3 Months) - Dine-In/Take-Out | $16K | $32K | |
| Initial Franchise Fee (Express Restaurant)not refundable | $35K | $35K | |
| Training Expenses (Transportation, Lodging, Meals) - Express | $3K | $8K | |
| Real Property (lease of 1,500 or more square feet) - Express | $6K | $9K | |
| Leasehold Improvements - Express | $17K | $110K | |
| Fixtures and Equipment - Express | $17K | $132K | |
| Insurance - Express | $3K | $7K | |
| Inventory - Express | $3K | $5K | |
| Security Deposits, Utility Deposits, Business Licenses and Other Prepaid Expenses - Express | $3K | $6K | |
| Total initial investment | $335K | $1.1M |
Line items extracted from FDD Item 7. Ranges reflect the franchisor's stated low and high per line. Total is the sum of line-item lows / highs — actual costs may fall outside this range depending on market and build-out scope.
Single-unit · estimated
Returns at a glance
Indicative numbers using FDD Item 7 / Item 19 inputs and category-benchmarked cost ratios. Full single-unit, 25-unit portfolio, and LBO models (with every input editable to stress-test your own scenario) live on the financials page.
Store EBITDA · annual
$231K
12.0% margin
Unlevered ROIC
53%
EBITDA / total invested capital
Payback
23 mo
cash-on-cash, unlevered
Item 7 · what it costs to open + operate
The Vitals
- Total investment
- $106K – $729K
- Better than avg vs category
- Liquid capital req'd
- $5K – $32K
- Better than avg vs category
- Franchise fee
- $20K – $40K
- Better than avg vs category
- Royalty
- 5.0%
- Gross Revenues · typical 6–8%
- Ad fund
- 1.0%
- typical 3–5%
- Total fee load
- 6.0%
- vs 9–13% typical
Ongoing fees · Item 6
| Fee | Amount |
|---|---|
| Royalty | 5.0% of gross sales |
| Marketing / ad fund | 1.0% of gross sales |
| Training fee | $500 |
| Transfer fee | $30K |
| Renewal fee | $6K |
| Inventory (initial) | $3K – $7K |
| Total fee load | 6.0% of rev |
A 6.0% total fee load is unusually lean. More of each revenue dollar stays with the franchisee.
Financial Performance
- Avg gross sales
- $1.9M
- Per unit, per year
- Median gross sales
- N/A
- Item 19 type
- gross_sales
- Sample size
- 8 units
- vs category median 13
- Range (low → high)
- $711K→$3.1M
- Cohort dispersion (min → max)
- Transparency tier
- revenue_only
- Categorical assessment of disclosure depth
- Transparency
- 3 / 5
- vs category median 4 / 5 · below
Compared against 1264 Full-Service Restaurants brands
Revenue is 4.6x the investment midpoint. At typical franchise margins, this suggests a payback under 3 years.
vs Full-Service Restaurants averages
How Antioch Pizza Shop Compares
Unit growth
Item 20 · unit dynamics
The Growth Chart
- Total units
- 10
- Opened
- 2
- Last reporting year
- Closed
- 1
- Terminated
- 0
- Franchisor ended the franchise (per Item 20)
- Non-renewed
- 0
- Term expired, not renewed (per Item 20)
- Turnover rate
- 10.0%
- Company-owned
- 1
- Corporate units in the system
- % franchised
- 90%
- vs corporate-owned
- Net growth (yr3)
- +12.5%
- Net unit change last year
- 3-yr CAGR
- +80.0%
- Compounded over last 3 years
3-year detail · Item 20
- Opened (3yr)
- 2
- Closed (3yr)
- 11
- Transfers (3yr)
- 1
- Projected new
- 4
- Franchisor's next-year forecast
- Transfer rate
- 10.0%
- Owners selling to other franchisees
- Ceased ops
- 10.0%
- Units that stopped operating
Year-over-year franchised unit counts and net change. Source: FDD Item 20.
Item 20 · 6 states with active franchisees
The Territory Map
Derived from franchisee contact records. Shows states with at least one current operator. Not where the franchisor is registered to sell new units (that data is re-extracting in a future refresh).
States derived from franchisee contact records (FDD Item 20). Shows states with at least one current operator on file. Full state registration data (Item 12) will appear on a future FDD refresh.
Available to sell in · Item 12
- California
- Hawaii
- Indiana
- Maryland
- Michigan
- Minnesota
- New York
- North Dakota
- Rhode Island
- South Dakota
- Virginia
- Washington
States where the franchisor is registered to sell new franchises (FDD registration filings).
SBA loan performance
Government records
SBA Loan Data
Aggregated from SBA loan disclosures. This brand has only 2 7(a) loans on file; statistical reliability is limited below 10 loans.
- Total loans
- 2
- Loan volume
- $435K
- Median loan
- $190K
- 50th percentile
- Charge-off rate
- N/A
Historical SBA 7(a) lending data, not predictive of future performance. How SBA charge-off rates are calculated
- Repayment rate (PIF)
- N/A
- 5-yr charge-off
- N/A
- Loans approved 2021+
- Active lenders
- 2
- Defaults
- 0
Explore lender portfolios on Bank Reports or regional data on State Reports.
Premium insight
SBA Lending Report
Deep-dive into Antioch Pizza Shop's SBA lending history: lender network, geographic footprint, interest rates, and more.
SBA Lending Report
- Principal loss rate and NAICS industry benchmark
- 1 lenders with concentration factor
- Per-state charge-off rates across 1 states
- Startup risk premium and job creation velocity
- 1-year lending trend
Instant access. No subscription.
Risk analysis
FranchiseVerdict rating + FDD Items 3, 5, 6, 12, 17
Risk & Legal
Antioch Pizza Shop presents elevated risk due to missing financial transparency (no Item 19), questionable franchisor stability (going concern = false), and a micro-system with anemic growth that lacks proven unit economics.
Litigation (Item 3)
No litigation is required to be disclosed in this Item.
Largest disclosed settlement: $168,000
Bankruptcy (Item 4)
None disclosed
Audited financials (Item 21)
Yes · Kezos & Dunlavy
Franchisor revenue (Item 21)
Franchisor entity revenue (not unit-level)
Supplier relationship · Items 8 & 16
- Franchisor sells you products: Yes
- Kickbacks from required suppliers: No
- Must buy proprietary products: Yes
- Restricted to system-approved products: Yes
- Can negotiate own supplier terms: No
Score breakdown · what drove the 57 / 100 rating
- 01MINORNo Item 19 financial disclosure (revenue/net income) prevents ROI validation and profitability assessment
- 02HIGHGoing Concern status is False, indicating potential financial instability at franchisor level
- 03MINORWide investment range ($106K–$729K, ~587% spread) suggests inconsistent unit economics or hidden costs
- 04MINOROnly 10 units with 12.5% YoY growth is minimal scale; system shows weak expansion momentum
- 05HIGHNo litigation disclosed but small system size limits visibility into franchise relationship disputes
- 06MED5% royalty on undisclosed revenues makes fee burden impossible to evaluate against actual profitability
Severity inferred from the FDD text · not a regulatory classification
FDD Items 5, 6, 12, 17 · continued from Risk & Legal
Contract & Territory Detail
| Initial term | 10 years |
|---|---|
| Renewal term | 10 years |
| Allowed renewalsℹ | 1 |
| Territory type | radius |
| Protected territory | Yes |
| Territory radius | 5.5 mi |
| Online sales rightsℹ | Restricted |
| Franchisor can compete | Yes |
| Hire a manager? | Allowed |
| Owner-operator | Optional |
| Non-compete (years)ℹ | 2 years |
| Non-compete (miles)ℹ | 5.5 mi |
| Right of first refusalℹ | Yes |
| Transfer requires consent | Yes |
| Termination notice | 30 days |
| Curable defaultsℹ | 2 |
| Mandatory arbitration | Yes |
| Arbitration location | Chicago, Illinois |
| Jury trial waiver | Yes |
| Governing law | Illinois |
| Litigation count | 0 |
View Item 3 litigation summary
No litigation is required to be disclosed in this Item.
Items 10, 11
Training & Operations
- Classroom training
- 20 hrs
- On-the-job training
- 506 hrs
- Training location
- Antioch, IL or other location we designate
- Ongoing training
- Required
- Field support
- 506 hrs/yr
- On-site visits per year
- Time to open
- 12 mo
- From signing to launch
- Site selection
- joint
- Franchisor financing
- Offered
- Item 10
- POS system
- approved Point of Sale (POS) system
- Operating tech stack
Items 5 & 11
Franchisor Support
Technology: approved Point of Sale (POS) system
Item 20 · call current owners
Franchisee Contacts
8 owners to call
Name · phone · city · state. Extracted from FDD Item 20
FDD download
Antioch Pizza Shop · FDD (2025) PDF
Frequently asked questions
Frequently Asked Questions
How much does it cost to open a Antioch Pizza Shop franchise?
The total investment to open a Antioch Pizza Shop franchise ranges from $106K – $729K, with an initial franchise fee of $40K. This includes real estate, equipment, inventory, and working capital as disclosed in their Franchise Disclosure Document (FDD).
What do Antioch Pizza Shop franchise owners earn?
According to Item 19 of the Antioch Pizza Shop FDD, the average gross sales per unit is $1.9M. Note: this is gross revenue, not profit. Actual owner earnings vary based on location, operating costs, and management.
What is Antioch Pizza Shop's franchise failure rate?
SBA 7(a) loan charge-off data is not available for Antioch Pizza Shop (fewer than 10 loans on file). Charge-off rates are one way to gauge franchise risk, but not all franchise loans go through the SBA program. We recommend reviewing turnover and closure data in the FDD and speaking with current franchisees.
How many Antioch Pizza Shop franchise locations are there?
As of their most recent FDD filing, Antioch Pizza Shop has 10 total units in the United States, including 9 franchised units and 1 company-owned units. 2 new units were opened in the latest reporting year.
Is Antioch Pizza Shop a good franchise to buy?
FranchiseVerdict rates Antioch Pizza Shop as a B-grade franchise with a risk score of 57 out of 100, based on our analysis of investment costs, revenue data, SBA loan performance, and growth trends. Our rating is based solely on publicly available FDD and government data; we recommend speaking with current franchisees before making any investment decision. This is not investment advice.
Data sourced from public FDD filings and SBA 7(a) FOIA records. Not financial advice.
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Data extracted from public FDD filings and SBA 7(a) loan disclosures (FOIA). This information is provided for research purposes only and does not constitute financial, legal, or investment advice. Verify all figures with the franchisor's current Franchise Disclosure Document before making any investment decision.