Bottom line
- Total investment $207K – $693K including a $20K 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 64/100. SBA loan default rate of 0.0% across 30 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 Buck's Pizza unit return on the cash you put in?
Unlevered ROIC · per unit
16%
Below typical band (30–60%)
Overview
About
Buck's Pizza franchisees operate quick-service or casual pizza restaurants, managing daily food preparation, customer service, inventory, staffing, and local marketing. They pay 5% royalty on gross sales to the franchisor and operate within a protected territory under a 10-year agreement.
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 · 9 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
Buck's Pizza exhibits high-risk characteristics including system contraction, undisclosed financials, going concern uncertainties, and insufficient unit count to validate franchise viability.
Score breakdown · what drove the 64 / 100 rating
- 01MINORSystem contracted 10% YoY (11 units down from ~12) indicating declining franchisee viability or brand weakness
- 02MEDNo Item 19 financial performance data disclosed — impossible to validate ROI claims or assess profitability
- 03HIGHGoing Concern status is FALSE — suggests franchisor may have solvency, operational, or strategic uncertainties
- 04MEDWide investment range ($206.7K–$692.5K) with no disclosed average revenue/net income creates opacity around unit economics
- 05MED5% royalty on undisclosed gross sales means franchisees cannot benchmark expected cash flow against industry standards
- 06MINOROnly 11 units remaining limits brand recognition, supply chain leverage, and national marketing effectiveness
- 07MINOR10-year term is standard but risky given system contraction — difficult to recoup investment in shrinking concept
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
12 numbers
One-time purchase · CSV download · Validation questions included
FDD download
Buck's Pizza · FDD (2024) PDF