Bellacino’s Pizza & Grinders
Bottom line
- Total investment $311K – $477K including a $35K franchise fee, 5.0% ongoing royalty.
- No Item 19 financial performance data disclosed — the franchisor chose not to publish revenue figures.
- Rated MODERATE with a risk score of 62/100. SBA loan default rate of 0.0% across 1 loans (below the industry average).
- No Item 19 financial performance representation. Without franchisor-disclosed revenue data, you'll need to gather unit economics directly from existing franchisees.
Item 1 · who you're contracting with
The Franchisor
Yale framework · single-unit ROIC
Returns Analysis
Pulls Item 7 (investment) and Item 19 (revenue) from this brand's FDD into the Yale unlevered-ROIC formula. Override any input to stress-test it against your own assumptions.
The model · Yale framework
What would one Bellacino’s Pizza & Grinders unit return on the cash you put in?
Unlevered ROIC · per unit
32%
In Yale's "attractive" band (30–60%)
Overview
About
Franchisees operate quick-service pizza and grinders shops, managing kitchen operations, food prep, inventory, and counter service. Day-to-day involves staffing coordination, order fulfillment, food cost management, and local marketing to drive walk-in and delivery revenue within a protected territory.
Item 7 · what it costs
The Vitals
Item 19
Financial Performance
This franchisor did not disclose financial performance representations in Item 19, or our extractor could not parse them.
Item 20 · unit dynamics
The Growth Chart
Year-over-year franchised unit counts and net change. Source: FDD Item 20.
Item 20 · 11 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 phone area codes (Item 20). Approximate — ported numbers may show the original state, not the franchisee's current location.
Government records
SBA Loan Data
Aggregated from SBA 7(a) loan disclosures, public data unique to FranchiseVerdict.
FranchiseVerdict rating + FDD Items 3, 5, 6, 12, 17
Risk & Legal
Bellacino's presents moderate-to-cautious risk: minimal unit growth, non-transparent financial performance, and a high investment ceiling with unvalidated profit potential in a mature pizza/grinders category.
Score breakdown · what drove the 62 / 100 rating
- 01MEDNo Item 19 (Average Unit Volume) disclosed — impossible to assess ROI or validate 5% royalty burden
- 02MINORStagnant unit growth of only 2.2% YoY suggests mature/declining system with low franchisee recruitment success
- 03MEDHigh initial investment ($311k–$477k) with no disclosed average net income creates return visibility gap
- 04MINORSmall unit base of 46 locations limits economies of scale for food supply, marketing, and operational support
- 05MINOR10-year term is long commitment with minimal growth trajectory and no profitability benchmarks provided
Severity inferred from the FDD text · not a regulatory classification
FDD Items 5, 6, 12, 17 · continued from Risk & Legal
Contract & Territory Detail
Item 11
Training & Operations
Item 20
Franchisee Contacts
Phone numbers extracted directly from this brand's FDD Item 20. After purchase, you'll also receive a list of validation questions tailored to this brand.
Franchisee contacts
30 numbers
One-time purchase · CSV download · Validation questions included
FDD download
Bellacino’s Pizza & Grinders · FDD (2025) PDF