Boston's The Gourmet Pizza Franchise Cost & 2026 FDD Data
46/100
Second tier
46 this brand53 Full-Service Restaurants medianlikely 42–50: narrower with more SBA loans (high confidence)
Higher is better · an editorial assessment, not investment advice
#1,944 of 3,068 graded brands
Why a B: Helped by transparency. Held back by unit economics, unit growth and legal record. See all six factors
- Total investment
- $1.1M – $3.3M
- excl. real estate
- Avg gross sales
- $1.4M
- 6 Bottom 1/3 of Franchised Restaurants; not profit
- SBA charge-off
- 9.1%
1 in 11 SBA 7(a) loans to Boston's The Gourmet Pizza owners charged off (1 of 11 resolved loans, approved since FY1991); Full-Service Restaurants median 14.5%.
Data from the FDD filing + SBA 7(a) records. Analysis by FranchiseVerdict · Methodology · Website · Report an error · Franchisor? Claim this listing
FranchiseVerdict summary · 2026 FDD
Per the 2026 FDD, a Boston's The Gourmet Pizza franchise requires a total initial investment of $1.1M – $3.3M, excluding real estate, including a $50K franchise fee. Once open, the ongoing royalty is 5.0%. Per the 2026 FDD, average gross sales were $1.4M (Item 19: 6 Bottom 1/3 of Franchised Restaurants; gross sales, not profit). SBA 7(a) loans show a 9.1% charge-off rate on 11 resolved loans. Verdict grade: B (Second tier), an editorial assessment, not investment advice.
Sources: 2026 FDD · SBA 7(a) loan records (FOIA) · What one unit could make and lose →
Sources, dates and evidence
FDD issued: · Data extracted: · Last cited check: · Staleness risk: low (issued within the last 12 months)
Evidence for the headline figures: strong✓ Investment (Item 7)✓ Item 19 status✓ Units and owners (Item 20)✓ SBA loan coverage✓ Litigation (Item 3)✓ Financial statements (Item 21)✓ Franchisor identityhow this is scored7 of 7 headline figures on this page cite a page of the filing.
Overview
Quick verdict · vs Full-Service Restaurants median
Top edge: green = better than the Full-Service Restaurants median by more than 10%, red = worse by more than 10%, gray = within 10% or no benchmark. Source: FDD filings + SBA 7(a).
Data from public FDD filings and SBA records. Methodology
Bottom line
- RETURNSAverage gross sales of $1.4M/year (Item 19: 6 Bottom 1/3 of Franchised Restaurants; gross sales, not profit).
- GROWTHIn the latest Item 20 year, the number of franchised outlets fell by 4 (0 opened, 4 closed).
- FLAG4 units terminated last reporting year (16.7% of the franchised outlets open at the start of that year). Ask existing franchisees why.
AT STAKEOne unit at the Item 7 midpoint: $285K a year in payments on assumed SBA 7(a)-style terms.You put in about $440K of your own cash and personally guarantee a $1.8M loan. Assumptions are labeled in Sales; not investment advice.See what one unit could make and lose
Things to check before you sign (2)
- Net -4 franchised outlets in 2025 (Item 20, outlet counts). Ask owners why outlets closed.
- The franchisor receives rebates or payments from suppliers you buy from (Item 8, required suppliers).
Checked and clear: no auditor doubt that the franchisor can keep operating, no pending lawsuit naming the franchisor, SBA charge-off rate 9.1%, below the 14.5% category median, no rule that the owner must run it personally and the full filing on file, and an Item 19 average from 16 units. Not on file here, so ask: competition inside your territory and jury-trial waiver.
What to do next
Step 1: Read the FDD itself.
Free: the franchisor must give it to you at least 14 days before you sign or pay. Or look it up in a state registry (Wisconsin, Minnesota, California). What to read first.
Step 2: Talk to current and former owners.
Free: Item 20 of the FDD lists every current owner and those who left last year, most with a phone number. Questions to ask.
Shortcut: the Boston's The Gourmet Pizza owner list as a CSV, in the Contacts section.
Step 3: Talk to an SBA lender.
Free: the SBA's Lender Match, or the lenders already lending to this brand in the SBA section. Ask what you would personally guarantee and what the monthly payment would be. If you plan to use retirement savings, ask a CPA about the rules for that first.
Step 4: Have a franchise attorney review the FDD and agreement.
Free: your state bar's lawyer referral service can name franchise lawyers, and many offer a short first consultation. Bring the checks listed above.
Research steps, not investment or legal advice.
Can you afford it, and what does the money buy?
Entry cost (the Item 7 midpoint) is 2.1× the Full-Service Restaurants median ($1.1M).
Source: FDD 2026 · Items 5–7 (fees and startup costs)
Do you qualify? The filing states no minimum net worth or liquid capital. Ask Boston Pizza Restaurants, LP (Item 1: 14850 Quorum Drive, Suite 201, Dallas, Texas 75254) and your lender what they require, and keep living costs for the first year outside the deal.
Full Item 7 breakdown20 line items
Initial investment breakdown
| Line item | Low | High | |
|---|---|---|---|
| Initial Franchise Fee | $50K | $50K | |
| Rent Expense | $10K | $28.4K | |
| Site Due Diligence | $5K | $13.1K | |
| Architectural and Engineering Fees | $36K | $90.3K | |
| Project Management | $20K | $57.8K | |
| Construction and Leasehold Improvements | $165K | $1.4M | |
| Furniture, Fixtures and Equipment | $385K | $963K | |
| Audio / Visual Systems | $100K | $255K | |
| POS and Computer | $35K | $55K | |
| Signage, Graphics & Artwork | $52K | $131K | |
| Liquor License | $1K | $10K | |
| Security and Utility Deposits and Permits | $1K | $7K | |
| Initial Training and Opening Expenses | $48.5K | $81.1K | |
| On-Site Opening Assistance | $15K | $15K | |
| Pre-Opening Marketing Assistance & Media | $20K | $20K | |
| Inventory | $27K | $49.4K | |
| Managers’ Salaries | $49K | $65K | |
| Insurance | $1.5K | $2.63K | |
| Professional Fees | $8K | $15.8K | |
| Additional Funds (6 months) | $30K | $52.5K | |
| Total initial investment | $1.1M | $3.3M |
Line items extracted from FDD Item 7. Ranges reflect the franchisor's stated low and high per line. The total row is the total as printed in Item 7. Actual costs may fall outside this range depending on market and build-out scope.
Item 6 · what you pay once you are open
Ongoing fees
| Fee | Amount |
|---|---|
| Royalty | 5.0% of gross sales |
| Marketing / ad fund | 3.0% of gross sales |
| Technology feeTechnology Fee currently $1,500 per year, covers certain technologies used in operation of the business, subject to CPI increases | $1,500/year |
| Transfer fee | $25,000 |
| Renewal fee | $25,000 |
| Total fee loadabove the Full-Service Restaurants median of 6.4% (heavy) | 8.0% of sales |
What do units actually make?
Average gross sales are 26% below the Full-Service Restaurants median ($1.9M).
Source: FDD 2026 · Item 19 (sales and earnings)
Items 6 (other fees), 7 (startup costs) and 19 (sales and earnings) · assumptions labeled
What you could make and lose: one unit
What one Boston's The Gourmet Pizza unit would ask of you, from the filing's Item 7 total and labeled assumptions.
Average gross sales are $1.4M (FDD p.52), and the royalty and ad fund take about $111K of that a year (Item 6). This brand's Item 19 prints cost or operating-income lines that are not on this page yet. Read them in Item 19 and enter them here. So this box does not estimate a profit. To cover the loan payment alone, one unit has to clear $285K a year after its food, labor, rent and other costs and the franchisor's fees.
How these figures are worked out
- Loan (assumption): 80% of the $2.2M Item 7 midpoint is a $1.8M loan, paid over 10 years at 10.5%: $285K a year. SBA 7(a)-style terms on a long-term rate; your lender sets yours. Boston's The Gourmet Pizza's past SBA 7(a) loans averaged 6.9% at approval; 7(a) rates move with the prime rate, so 10.5% is a current-rate assumption, not this brand's history.
What you put at risk
Your own cash in: about $440K Assumption (the part the loan does not cover of the $2.2M Item 7 midpoint), plus whatever anything Item 7 leaves out (its notes say what). The loan is $1.8M.
Personal guarantee. SBA 7(a) loans require a personal guarantee from anyone who owns 20% or more of the business. If the unit cannot pay, the lender can collect from you personally, which can include your savings and your home. The worst case is losing the cash you put in and still owing the rest of the loan.
Gross sales are not profit, and none of these figures is take-home pay until tax and every operating cost are paid. The assumptions are ours, not the filing's. Not investment advice.
Returns modelOne unit · several units · editable
One unit
One unit: what is left after the loan payment
Gross sales, minus the franchisor's fees and the operating costs, is the unit's EBITDA (earnings before interest, taxes, depreciation and amortization). Minus an assumed loan payment, that is what is left for you, before tax. Gross sales are not profit.
This brand's Item 19 prints cost or operating-income lines that are not on this page yet. Read them in Item 19 and enter them here. Invested capital is the Item 7 total, which already includes its working-capital (additional funds) line.
Returns model · one unit
What would one Boston's The Gourmet Pizza unit leave you each year after the loan payment?
Item 19: $1,387,940 average for 6 outlets (Bottom 1/3 of Franchised Restaurants). Use a figure for outlets like yours if yours differ.
Gross sales, not profit: the costs below decide what is left.
Item 6, as stored, a year. A fixed fee, so it comes off EBITDA as dollars, not a share of sales.
This brand's Item 19 prints cost or operating-income lines that are not on this page yet. Read them in Item 19 and enter them here.
Illustrative category typicals, not sourced to any filing, survey or sample. Replace them with figures from franchisee validation calls before you rely on the output.
Item 7 midpoint of $1.1M to $3.3M
Item 7's $30K to $53K additional funds are already in the total
Left after the loan payment · per year
The unit's EBITDA minus the assumed loan payment. Before tax, depreciation and any cost your inputs leave out (insurance, accounting and legal, licenses, technology fees): not take-home pay.
Gross sales are not profit. Neither the filing nor a stated assumption on this page supplies COGS, labor, rent / occupancy and other operating costs. Enter your own (a lease quote, owner calls) and the model runs on it.
Loan of $1.8M at 10.5% over 10 years, an assumption, not a quote. Return and payback are before tax, depreciation and the costs above. The loan usually needs your personal guarantee.
Buying several existing units? The acquisition scenario
Buying several units
What buying a few existing units could return
Prices an existing operator of a few units off the single-unit EBITDA above, after shared services, and finances it with an SBA 7(a) loan, a conventional loan and a seller note. It shows the yearly return on your cash (IRR), whether year-1 earnings cover the loan payments (DSCR) and how the price is paid for. It starts at 5 units; every deal term is an assumption you can change, and none is from the FDD.
Not modelled yet
Gross sales are not profit. Neither the filing nor a stated assumption on this page supplies COGS, labor, rent / occupancy and other operating costs. Enter your own (a lease quote, owner calls) and the model runs on it.
This scenario starts from a per-unit EBITDA. Fill in the operating costs in the one-unit model above and it runs on that figure, or take it to the full ROI workbench, where the multi-unit and acquisition models accept your own per-unit economics.
These models are for research and scenario planning only. Not investment advice. Actual results depend on your specific location, management, and market conditions. Consult a franchise attorney and accountant before signing any franchise agreement.
Item 19 · Source: 2026 FDD · filed by Boston Pizza Restaurants, LP
Financial performance
- Range (low → high)
- $889K→$4.1MSource: 2026 FDD, page 52
- Cohort dispersion (min → max)
Percentile ranks within Full-Service Restaurants
Each rank is among the Full-Service Restaurants brands that report that figure (the count is under each bar).
Average gross sales are only 0.6x the investment midpoint, so recouping the initial outlay is likely to take years even at strong margins. Gross sales are not profit.
vs Full-Service Restaurants medians
How Boston's The Gourmet Pizza compares
Category median of published Full-Service Restaurants brands that report the figure; the middle half spans the 25th to 75th percentile and n counts the brands behind it. Medians are used because a few very large systems pull an average far from the typical brand. Revenue is disclosed gross sales, not profit.
Who are you contracting with?
Boston Pizza Restaurants, LP, owned by Treliving Private Investments Ltd. / BPR GP, Inc.
Item 1 (the franchisor) · who you're contracting with
The franchisor
Corporate structure & franchisor financials
- Legal entity
- Boston Pizza Restaurants, LP
- Parent company
- Treliving Private Investments Ltd. / BPR GP, Inc.
- FDD Item 1, page 8 of the 2026 FDD
- Ultimate parent
- Treliving Family Holdings, Inc.
- FDD Item 1, page 8 of the 2026 FDD
- CEO title
- Chairman of the Board of Directors
- James Walter Treliving
- Incorporated in
- Delaware
- HQ
- 14850 Quorum Drive, Suite 201, Dallas, Texas 75254
Overview
About
Full-service casual dining restaurant combined with a sports bar, serving pizza, pasta, entrees, appetizers, salads and desserts under the Boston's The Gourmet Pizza Restaurant & Sports Bar brand
- CEO
- James Walter Treliving
- Franchised outlets in
- 14 states and territories
- Item 20 Table 3, at year end
Is the system healthy?
-1 franchised outlets over the two years to 2025 (21 to 20, -4.8% in total, -2.4% a year compounded).
Source: FDD 2026 · Item 20 (outlets opened, closed and transferred)
Item 20 (outlet counts) · unit dynamics
The growth chart
- Company-owned
- 0
- Corporate units in the system
- % franchised
- 100%
- vs corporate-owned
Last fiscal year · Item 20 rates and pipeline
- Reacquired
- 0
- Franchisor bought back
Item 20 · franchised units at year end
Franchised units fell from 21 in 2023 to 20 in 2025
Axis does not start at zero.
Source and method
Item 20 (outlet counts) Table 3 · franchised outlets at year end
Where current outlets are
Franchised outlets at year end by state, as the filing's Item 20 Table 3 counts them. Not a list of where the franchisor may sell new units.
Current outlets (count on the tile) · 14 statesNo current outlet
20 franchised outlets at year end in 14 states (Item 20 Table 3).
Government records
SBA loan data
Lenders charged off 9.1% of 11 resolved SBA 7(a) loans, below the 14.5% category median. 7(a) is the SBA's main small-business loan; a resolved loan was paid in full or charged off.
- Loans on file
- 15
- SBA 7(a) loans matched to this brand, incl. those still being repaid
- Loan volume
- $23.6M
- Average loan
- $1.6M
- loan volume divided by loans
- Charge-off rate
- 9.1%
- 1 of 11 resolved loans
- Paid in full
- 90.9%
- of resolved loans
- Recent-loan charge-off
- No recent loans
- no SBA 7(a) loan approved since FY2017
- Lenders
- 15
- Average interest rate
- 6.9%
- Jobs reported
- 551
- Lender concentration
- 7%
- top lender's share
Cumulative: every 7(a) loan matched to this brand in the SBA’s FOIA files, approved FY1991 onward. Historical lending data, not predictive of future performance. Lenders, interest rate, jobs and lender concentration cover only the 10 non-cancelled loans approved FY2004 to FY2017. How SBA charge-off rates are calculated
Benchmark: the median Full-Service Restaurants brand charges off 14.5% (30 brands with a published rate, same cumulative window and source). This brand is 5.4 points below it.
Explore lender portfolios on Bank Reports or regional data on State Reports.
Full SBA lending reportlenders · charge-off rate · trend
Lender network · SBA 7(a)
SBA Lending Report
Lender, state and yearly detail for Boston's The Gourmet Pizza from SBA 7(a) FOIA loan records.
The tables below cover the 10 non-cancelled loans approved FY2004 to FY2017, the window this report’s lender, state and yearly detail is built from. The headline charge-off rate comes from the full loan file (15 loans, cumulative from fiscal 1991; the rate counts only loans that have finished), so the two can differ.
- Average SBA guarantee
- 75%
- Average interest rate
- 6.9%
- Lender concentration
- 7%
- Jobs reported
- 551
- among the 10 non-cancelled loans approved FY2004 to FY2017
Top 10 SBA lenders by loan count
| Loans | Volume | Charge-off |
|---|---|---|
| First United Bank and Trust Company | ||
| 1 | $243K | Not on file |
| Academy Bank National Association | ||
| 1 | $650K | Not on file |
| Old National Bank | ||
| 1 | $419K | Not on file |
| Newtek Small Business Finance, Inc. | ||
| 1 | $925K | Not on file |
| Banner Bank | ||
| 1 | $1.5M | Not on file |
A lender’s rate counts only its resolved loans, the loans that have finished (paid in full or charged off); a 0.0% often means few of its loans have finished. Under 10 resolved loans, the rate reads “Too few”.
Charge-off rate by state (top 10 by loans)
| State | Loans | Charged off | Rate |
|---|---|---|---|
| CA California | 2 | 0 | Too few1 resolved |
| TX Texas | 2 | 0 | Too few2 resolved |
| AZ Arizona | 1 | 0 | Too few0 resolved |
| FL Florida | 1 | 0 | Too few1 resolved |
| IN Indiana | 1 | 0 | Too few1 resolved |
| MD Maryland | 1 | 1 | Too few1 resolved |
| MI Michigan | 1 | 0 | Too few1 resolved |
| VA Virginia | 1 | 0 | Too few1 resolved |
Rate: charged-off loans over resolved loans (paid in full plus charged off), shown from 10 resolved loans. "Too few": under 10 resolved. The Loans column counts every approval in the window, including loans still being repaid.
SBA 7(a) loans approved per year
Source: SBA 7(a) FOIA loan-level data, matched to the brand by FranchiseVerdict.
What are the risks?
Main risk in the grade: unit economics, then unit growth and legal. The reasons are below.
Source: SBA 7(a) FOIA · FDD Items 3, 21
Verdict grade + FDD Items 3 (litigation), 4 (bankruptcy), 8 (required suppliers), 16 (what you may sell), 21 (audited financials)
Risk and legal
Grade B: Second tier, 46/100 (category median 53); the full grade is at the top of the page.
How the grade is built
Why a B, factor by factor
- Financial health NeutralAudited financials; no going-concern doubt
- Unit economics Weighs on it, weakest dimensionAvg gross sales $1.4M on a $2.2M investment midpoint, 0.6x (gross sales, not profit)
- Unit growth Weighs on it-1 franchised outlets over the two years to 2025 (21 to 20, -4.8% in total, -2.4% a year compounded); turnover 20.0%
- Scale Neutral20 franchised units; franchising since 2001
- Legal Weighs on it4 matters naming the franchisor among the Item 3 matters we list (20.0 per 100 outlets)
- Transparency HelpsItem 19 discloses financial performance; audited financials
From the six scored dimensions, an editorial assessment, not investment advice. How the score is built
Litigation (Item 3)
Subject: the franchisor is a named party (plaintiff).
Four disclosed matters: (1) Patel v. Boston's (2019): franchisee sued over development agreement dispute, settled for $5,000 paid by Boston's; (2) Boston's v. Kaushal (2020); franchisor sued ex-franchisee for $205,000 liquidated damages, dismissed without prejudice; (3) Boston's v. BOSTCG/Patel (2023); franchisor sued for $271,947 liquidated damages, settled for franchisee paying Boston's $85,000; (4) Boston's intends to arbitrate against Arjan, LLC and guarantors for $381,664.95 in unpaid royalties/fees/damages.
Largest disclosed settlement in the franchisor's own cases: $5,000
Bankruptcy (Item 4)
None disclosed
Audited financials (Item 21)
Yes
Franchisor revenue (Item 21)
Franchisor entity revenue (not unit-level)
Supplier relationship · Items 8 & 16
Ask what the franchisor earns on the supplies it sells you or the rebates it takes (Item 8).
- Franchisor sells you products: No
- Franchisor takes supplier rebates: Yes
- Must buy proprietary products: Yes
- Restricted to system-approved products: Yes
- Can negotiate own supplier terms: No
Litigation case detail4 matters · Item 3
Litigation cases
The franchisor
Concluded (3)
Boston Pizza Restaurants, LP v. BOSTCG, LLC, Piyushkumar Patel, and Smitaben Patel
settledBrought against a franchisee · filed 2023-09-01 · U.S. District Court for the Northern District of Texas, Fort Worth Division · 4:23-CV-00913-P
“… Cause No. 4:23-CV-00913-P in the United States District Cort for the Northern District of Texas, Fort Worth Division.”Page 12 of the 2026 FDD, Item 3
Boston Pizza Restaurants, LP v. Rakesh Kaushal
dismissedBrought against a franchisee · filed 2020-01-08 · District Court of Dallas County, Texas, 191st Judicial District · DC-20-00420
“… Cause No. DC-20-00420 in the District Court of Dallas County, Texas, 191st Judicial District.”Page 12 of the 2026 FDD, Item 3
Mineshkumar Patel v. Boston Pizza Restaurants LP and BPR GP, Inc.
settledfiled 2019-05-29 · District Court of Dallas County, Texas, 160th Judicial District · DC-19-07656
“… Cause No. DC-19-07656 in the District Court of Dallas County, Texas, 160th Judicial District.”Page 11 of the 2026 FDD, Item 3
Outcome: “Boston’s paid Mr. Patel $5,000, all prior development agreements or franchise agreements were terminated and the parties agreed to file a dismissal of their respective demands.”
Status not stated in the filing (1)
Boston Pizza Restaurants, LP v. Arjan, LLC, Harsimrat Bhasin, Imroj Singh and Balwinder Singh Chandi (intended AAA arbitration)
Brought against a franchisee · American Arbitration Association (Dallas, Texas)
“Boston’s intends to commence arbitration before the American Arbitration Association in Dallas, Texas, seeking to recover $381,664.95 from its former franchisee, Arjan, LLC and Arjan, LLC’s guarantors, Harsimrat Bhasin, Imroj Singh and Balwinder Singh Chandi”Page 12 of the 2026 FDD, Item 3
Item 3 lists the litigation the franchisor must disclose; a matter against a parent, an affiliate or a named officer is not a matter against the franchisor, and pending claims are allegations, not findings.
What are you signing up for?
Ongoing fees run about 8.0% of sales (royalty + ad fund), before your own operating costs.
Source: FDD 2026 · Items 11, 12, 17
FDD Items 12 (territory), 15 (owner participation) and 17 (renewal, termination and disputes)
Contract and territory detail
| Allowed renewals | 2 |
|---|---|
| Protected territory | Yes |
| Exclusive territory | No |
| Territory radius | 1 mi |
| Who runs it (Item 15) | A manager may run it |
| Non-compete (years) | 2 years |
| Non-compete (miles) | 10 mi |
| Right of first refusal | Yes |
| RoFR response window | 30 days |
| Transfer requires consent | Yes |
| Termination notice | 30 days |
| Mandatory arbitration | Yes |
| Arbitration location | Dallas, Texas (principal city closest to franchisor's principal place of business) |
| Governing law | Texas |
Items 5 (initial fees), 7 (startup costs), 12 (territory) and 20 (outlet counts) · development agreement
Area development (several units)
A development fee of $50,000 per unit you commit to. If you miss the schedule, the development agreement can be ended.
Every term, with its page
- Development fee
- $50,000 per unit committed.
2026 FDD p.14
“The Development Fee is equal to $50,000 multiplied by the number of Restaurants to be developed.” - If you miss the schedule
- The development agreement can be ended.
2026 FDD p.41
“Any second or additional failures to adhere to the Development Schedule may constitute a material event of default under the Area Development Agreement and we may: (i) terminate the Area Development Agreement; (ii) reduce the area of the Development Territory; (iii) permit you to extend the Development Schedule; or (iv) pursue any other remedy we may have at law or in equity, including, but not li”
Each unit still needs its own Item 7 investment on top of the development fee ($50K times the units you commit to). Have a franchise attorney read the schedule and the default terms before you sign.
Items 10 (financing), 11 (training and support)
Training and operations
- Classroom training
- 60 hrs
- On-the-job training
- 140 hrs
- Training location
- Dallas, Texas (corporate training center)
- Ongoing training
- Required
- Time to open
- 9–15 mo
- From signing to launch (FDD p.32)
- Site selection
- franchisee, subject to franchisor approval
- Franchisor financing
- Not offered
- Item 10
- POS system
- Posi-Touch
- Operating tech stack
Items 5 (initial fees) & 11 (training and support)
Franchisor support
Item 20 (outlet counts) · call current owners
Franchisee contacts
Who can you call before you sign?
26 current outlets listed
Records carry a phone number and state (state on 26 of 27). 17 of 27 also name the franchisee. No cities. 27 records: 26 current outlets + 1 former owner (terminated, transferred, not renewed or otherwise left). From the filing's Item 20 (the outlet list); the FDD itself is the free source. Our list holds 26 current outlets; Item 20's table counts 20 franchised at year end.
For your own due-diligence calls only. Not for telemarketing, marketing lists, or automated or prerecorded calls or texts.
One-time · CSV download · full refund within 7 days if the data does not match the FDD. Some numbers, especially for former owners, may be outdated.
Frequently asked questions
How much does it cost to open a Boston's The Gourmet Pizza franchise?
Per the 2026 FDD, the total investment to open a Boston's The Gourmet Pizza franchise ranges from $1.1M to $3.3M, with an initial franchise fee of $50K. This is the Item 7 total in the Franchise Disclosure Document (FDD): the startup costs the franchisor lists, such as build-out, equipment, inventory and working capital. The filing says these totals do not include real estate.
What do Boston's The Gourmet Pizza franchise owners earn?
According to Item 19 of the Boston's The Gourmet Pizza FDD, average gross sales were $1.4M (6 Bottom 1/3 of Franchised Restaurants; gross sales, not profit). What an owner keeps depends on location, operating costs and management.
Who owns Boston's The Gourmet Pizza?
Boston's The Gourmet Pizza is franchised by Boston Pizza Restaurants, LP. Its parent company is Treliving Private Investments Ltd. / BPR GP, Inc.. The ultimate parent named in the FDD is Treliving Family Holdings, Inc.. Source: FDD Item 1, 2026 filing.
What is Item 19 in the Boston's The Gourmet Pizza FDD?
The FDD section where a franchisor may disclose financial performance of its outlets. Disclosure is optional and formats vary; figures are typically gross sales, which is revenue before expenses, not profit. FranchiseVerdict extracts these figures directly from the Boston's The Gourmet Pizza FDD and qualifies whose outlets they describe.
What is Boston's The Gourmet Pizza's franchise failure rate?
There is no published franchise failure rate. What is measurable is Boston's The Gourmet Pizza's SBA charge-off rate: 9.1% on 11 resolved loans. Put plainly: 1 in 11 SBA 7(a) loans to Boston's The Gourmet Pizza owners charged off (1 of 11 resolved loans, approved since FY1991). The SBA charge-off rate is the share of a brand's resolved SBA 7(a) loans to its franchisees that the SBA wrote off, including purchased guarantees. Resolved means paid in full or charged off; active loans are excluded because their outcome is not yet known. It is a lending outcome, not a count of closed businesses. A franchisee can repay and close, or default and keep trading.
How many Boston's The Gourmet Pizza franchise locations are there?
Per the 2026 FDD, Boston's The Gourmet Pizza has 20 franchised units and 0 company-owned (20 in all). In the latest year, the number of franchised outlets fell by 4 (0 opened, 4 closed).
Is Boston's The Gourmet Pizza a good franchise to buy?
FranchiseVerdict gives Boston's The Gourmet Pizza a B Verdict grade (Second tier) with a verdict score of 46 out of 100 (higher is better), an editorial assessment, not investment advice. Helped by transparency. Held back by unit economics (avg gross sales $1.4M on a $2.2M investment midpoint, 0.6x: gross sales, not profit), unit growth and legal record. The “Why a B” section on this page lists all six dimensions and any adjustment. Speak with current franchisees before making any investment decision.
Other Full-Service Restaurants franchises
Similar investment first, then by grade
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.