FranchiseVerdict
FV-00372·STRONGExcellent86

Boss’ Pizza & Chicken

Food & Beverage - Full ServiceFranchising since 2021
Investment
$137K – $539K
10th pct Full Service
Avg revenue
$1.1M
22nd pct Full Service
Royalty
5.0%
15th pct Full Service
Units
10
41st pct Full Service
SBA default
0.0%
vs <3% typical

Bottom line

  • Total investment $137K – $539K including a $30K franchise fee, 5.0% ongoing royalty.
  • Average unit revenue of $1.1M/year (median $1.0M).
  • Rated STRONG with a risk score of 52/100. SBA loan default rate of 0.0% across 169 loans (below the industry average).

Item 1 · who you're contracting with

The Franchisor

Legal entity
Boss’ Pizza Franchise, LLC
Incorporated in
South Dakota
HQ
4804 S. Minnesota Avenue, Sioux Falls, South Dakota 57108
Auditor
Paceline Accounting Group, LLP
Audited financials
Franchisor revenue
$103K
vs $277K prior year

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 Boss’ Pizza & Chicken unit return on the cash you put in?

Revenue · per unit, per year
$
FDD Item 19 reports $1,099,923
Franchisor take · royalty + ad fund
Royaltytyp 68%
%
Ad fundtyp 35%
%
Operating costs · category default: generic
COGS
%
Labor
%
Rent / occupancy
%
Other operating
%
Total invested capital · what you actually put in
Initial investment
$
FDD Item 7: $137K–$539K
Working capital
$
FDD reports $10K–$40K

Unlevered ROIC · per unit

45%

In Yale's "attractive" band (30–60%)

0%30–60% Yale band80%

Store EBITDA · annual
$165K
EBITDA margin
15.0%
Total invested
$363K
Payback
26 mo
Unit-level only. A multi-unit portfolio gives up roughly 5–15% of this to shared services (corporate G&A) before reaching the ~10-unit break-even Yale describes.

Levered LBO scenario · Yale Crease Capital framing

What would 25 Boss’ Pizza & Chicken units return on equity?

Edit assumptions

Equity IRR · 5-yr

49.9%

7.57× MOIC

Year-1 DSCR

1.88×

EBITDA ÷ debt service

Equity required

$1.8M

on $8.8M purchase

Total debt

$7.0M

SBA $4.4M + senior + seller note

Overview

About

Franchisees operate quick-service restaurant locations serving pizza and fried chicken, managing front-of-house operations, food preparation, inventory, staffing, and local marketing. Daily operations include food cost management, customer service, kitchen supervision, and POS/delivery platform management within a protected territory.

CEO
Jeremy Seefeldt
Founded
2021
FDD year
2024
States available
4

Item 7 · what it costs

The Vitals

Total investment
$137K – $539K
All-in to open one unit
Liquid capital
$10K – $40K
Cash you must have on hand
Franchise fee
$30K
Royalty
5.0%
Gross Sales · typical 6–8%
Ad fund
3.0%
typical 3–5%
Total fee load
8.0%
vs 9–13% typical

Item 19

Financial Performance

Avg gross sales
$1.1M
Per unit, per year
Median gross sales
$1.0M
Item 19 type
Historical Performance
Sample size
10 units
vs category median 15
Range (low → high)
$524K$1.9M
Cohort dispersion
Transparency
7 / 5
vs category median 4 / 5 · above
Revenue rank22th
vs Food & Beverage - Full Service peers
Investment cost rank10th
Lower investment ranks lower (better)
Royalty rate rank15th
Lower royalty = lower percentile (better)
Unit count rank41th
vs Food & Beverage - Full Service peers
Risk score rank18th
Lower risk = lower percentile (better)

Item 20 · unit dynamics

The Growth Chart

Total units
10
Opened
4
Last reporting year
Closed
3
Turnover rate
30.0%
Company-owned
5
Corporate units in the system
% franchised
50%
vs corporate-owned
Net growth (yr3)
+66.7%
Net unit change last year
2022
5-2
Franchised units
2023
3
Franchised units
2024
0
Franchised units

Year-over-year franchised unit counts and net change. Source: FDD Item 20.

Item 12 · 4 states reported

The Territory Map

FDD Item 12 reports the state count, but the specific list isn't in our current data. The map will appear once we re-extract from the FDD or enough franchisee contacts are available.

4

states with franchisees (per FDD Item 12)

Government records

SBA Loan Data

Aggregated from SBA 7(a) loan disclosures, public data unique to FranchiseVerdict.

Total loans
169
Loan volume
Avg loan
Default rate
0.0%
vs <3% typical · system-wide
5-yr default

FranchiseVerdict rating + FDD Items 3, 5, 6, 12, 17

Risk & Legal

52
Risk · 0-100
STRONG52 / 100

Early-stage micro-franchise with undisclosed profitability, franchisor financial concerns, and unvalidated unit economics — presents elevated risk despite modest royalty rate.

Score breakdown · what drove the 52 / 100 rating

  1. 01MEDNo Item 19 (Average Unit Volume) disclosed despite $1.1M average revenue claim — unable to verify profitability or validate ROI
  2. 02HIGHGoing Concern status is FALSE — suggests financial instability or uncertainty at franchisor level
  3. 03MINORWide investment range ($137K–$538K) with no clear breakdown — indicates inconsistent unit economics or hidden costs
  4. 04MEDOnly 10 units system-wide with 66.7% YoY growth — extremely small franchise with limited proven track record and scalability questions
  5. 05MINORRoyalty structure on 'Gross Sales' (not Net) at 5% compounds margin pressure in thin QSR industry (typically 6–9% net margins)
  6. 06HIGHNo litigation disclosure provided — unable to assess franchisor or franchisee dispute history

Severity inferred from the FDD text · not a regulatory classification

FDD Items 5, 6, 12, 17 · continued from Risk & Legal

Contract & Territory Detail

Territory
Zip codes, counties, or other boundaries
Protected territory
Yes
Initial term
10 years
Renewal term
5 years
Online sales rights
Restricted
Franchisor can compete
Yes
Hire a manager?
Allowed
Litigation count
0
Right of first refusal
Yes
Franchisor can buy back on resale
Mandatory arbitration
Yes
Jury trial waiver
Yes
Non-compete
2 yrs
Post-termination restriction
Owner-operator
Required
Governing law
South Dakota

Item 11

Training & Operations

Classroom training
29 hrs
On-the-job training
29 hrs
POS system
Spot-On
Operating tech stack

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

4 numbers

Locked
(360) 902-••••
SD
(212) 416-••••
MN
(518) 473-••••
MN

One-time purchase · CSV download · Validation questions included

FDD download

Boss’ Pizza & Chicken · FDD (2024) PDF

Single-page checkout · instant download · CSV export of contacts available separately above