Cannoli Kitchen PizzaFranchise Cost, Revenue & Review 2026
Data from FDD filing + SBA 7(a) records
FranchiseVerdict summary · 2026
A Cannoli Kitchen Pizza franchise requires a total initial investment of $403K – $536K, including a $40K franchise fee and an ongoing 6.0% royalty[2]. Per the 2024 FDD, average unit revenue was $1.5M[2]. Verdict grade: A. Run a live ROI scan →
Data last verified June 18, 2026 · figures per the 2024 FDD issuance
Overview
- Investment
- $403K – $536K
- 73rd pct Service Resta…
- Avg gross sales
- $1.5M
- 48th pct Service Resta…
- Royalty
- 6.0%
- 44th pct Service Resta…
- Units
- 6
- 25th pct Service Resta…
- SBA default
- N/A
Quick verdict · Quick-Service Restaurants · color = vs category peers
Green = >15% above Quick-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 3.3x in gross revenue, well above the typical 1.5-2.5x range.
Started franchising in 2023. Newer systems carry more uncertainty but may offer better territories.
46% cash-on-cash return (based on P&L Bottom Line). Above the 20% threshold most investors target.
Bottom line
- Total investment $403K – $536K including a $40K franchise fee, 6.0% ongoing royalty.
- Average unit revenue of $1.5M/year, with an estimated 46% cash-on-cash return (based on P&L Bottom Line).
- Verdict A (Top Quintile) with a risk score of 33/100.
- No protected territory and the franchisor reserves the right to compete in your area. Clarify territorial boundaries before signing.
Item 1 · who you're contracting with
The Franchisor
- Legal entity
- CK Franchising, LLC
- Parent company
- UFG Holdings Group II, LLC
- CEO title
- Chief Executive Officer
- Ray Titus
- Incorporated in
- FL
- HQ
- 2121 Vista Parkway, West Palm Beach, Florida 33411
- Auditor
- Milbery & Kesselman, CPAs, LLC
- Audited financials
Overview
About
Franchisees operate quick-service pizza restaurants featuring Italian cannoli-inspired concepts. Day-to-day operations include food preparation, counter service, order fulfillment, inventory management, and local marketing across unprotected territories with minimal brand support infrastructure.
- CEO
- Ray Titus
- Headquarters
- FL
- Founded
- 2023
- FDD year
- 2024
- States available
- 1
FDD Item 7 · 2024 filing
Initial investment breakdown
| Cost component | Low | High |
|---|---|---|
| Initial franchise fee | $40K | $40K |
| Working capital (3–6 mo) | $20K | $40K |
| Equipment, build-out, other | $343K | $457K |
| Total initial investment | $403K | $536K |
Source: Cannoli Kitchen Pizza 2024 FDD, Items 5 and 7[2]. “Equipment, build-out, other” is computed as total minus disclosed line items above.
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
$216K
14.0% margin
Unlevered ROIC
43%
EBITDA / total invested capital
Payback
28 mo
cash-on-cash, unlevered
Item 7 · what it costs to open + operate
The Vitals
- Total investment
- $403K – $536K
- Below avg, review vs category
- Liquid capital req'd
- $20K – $40K
- Near category avg vs category
- Franchise fee
- $30K – $40K
- Near category avg vs category
- Royalty
- 6.0%
- Gross Revenues · typical 6–8%
- Ad fund
- 2.0%
- typical 3–5%
- Total fee load
- 8.0%
- vs 9–13% typical
- Payback period
- 2.2 yrs
- From FDD / Item 19
Ongoing fees · Item 6
| Fee | Amount |
|---|---|
| Royalty | 6.0% of gross sales |
| Marketing / ad fund | 2.0% of gross sales |
| Technology fee | $250 |
| Training fee | $500 |
| Transfer fee | $30K |
| Renewal fee | $3K |
| Total fee load | 8.0% of rev |
Financial Performance
- Avg gross sales
- $1.5M
- Per unit, per year
- Median gross sales
- N/A
- Avg p&l bottom line
- $216K
- Reported as P&L Bottom Line in FDD Item 19
- Cash-on-cash
- 45.9%
- Based on P&L Bottom Line / investment midpoint
- Item 19 type
- Historic representation of affiliate-owned locations
- Sample size
- 3 units
- vs category median 28 · small
- Range (low → high)
- $879K→$2.2M
- Cohort dispersion (min → max)
- Transparency
- 8 / 5
- vs category median 4 / 5 · above
Compared against 453 Quick-Service Restaurants brands
vs Quick-Service Restaurants averages
How Cannoli Kitchen Pizza Compares
Unit growth
Item 20 · unit dynamics
The Growth Chart
- Total units
- 6
- Opened
- 0
- Last reporting year
- Closed
- 0
- Terminated
- 0
- Franchisor ended the franchise (per Item 20)
- Non-renewed
- 0
- Term expired, not renewed (per Item 20)
- Turnover rate
- 0.0%
- Company-owned
- 6
- Corporate units in the system
- % franchised
- 0%
- vs corporate-owned
- Net growth (yr3)
- +0.0%
- Net unit change last year
3-year detail · Item 20
- Transfers (3yr)
- 0
- Projected new
- 3
- Franchisor's next-year forecast
Year-over-year franchised unit counts and net change. Source: FDD Item 20.
Item 20 · 10 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.
SBA loan performance
Government records
SBA Loan Data
Aggregated from SBA 7(a) and 504 loan disclosures, public data unique to FranchiseVerdict.
- Total loans
- 169
- Loan volume
- N/A
- Amount data pending
- Median loan
- N/A
- 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
- 0
- Defaults
- 0
Explore lender portfolios on Bank Reports or regional data on State Reports.
Risk analysis
FranchiseVerdict rating + FDD Items 3, 5, 6, 12, 17
Risk & Legal
High-risk micro-franchise with severe franchisor financial distress, troubling affiliate litigation history, minimal system scale, and unproven unit economics.
Litigation (Item 3)
Three government enforcement actions disclosed: (1) FTC v. Minuteman Press International, Inc. and Speedy Sign-A-Rama, USA, Inc. (1993) - injunction filed December 18, 1998 for false earnings claims and failure to disclose transfer fees; (2) Signarama consent order with Maryland Securities Commissioner (January 1996) for selling unregistered franchises; (3) TGG consent order with California DFPI (August 9, 2021) for collecting franchise fees before completing pre-opening obligations. Additional consent order involving TGG, GCZ, and UFG with California DFPI (March 2022) regarding trade show violations mentioned but incomplete.
Bankruptcy (Item 4)
None disclosed
Audited financials (Item 21)
Yes · Milbery & Kesselman, CPAs, LLC
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 33 / 100 rating
- 01MINOROnly 6 units system-wide with unknown/stagnant growth trajectory indicates minimal brand scale and market validation
- 02HIGHGoing Concern = False signals serious franchisor financial distress or viability questions
- 03HIGHSignificant litigation history across affiliated brands (Signarama, Great Greek, Graze Craze) involving FTC injunctions, unregistered sales, and fee collection violations suggests systemic compliance and management issues
- 04MINORNo protected territory despite high initial investment ($402k-$536k) creates direct competition risk from other franchisees
- 05MINOR6% royalty on $1.33M average revenue ($80k annual) combined with unproven unit economics across tiny system raises sustainability concerns
- 06MINOR35-year term is unusually long for food franchise with only 6 units and no growth evidence
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 | 35 years |
|---|---|
| Renewal term | 35 years |
| Allowed renewalsℹ | 1 |
| Territory type | Designated Marketing Area |
| Protected territory | No |
| Exclusive territoryℹ | No |
| Online sales rightsℹ | Restricted |
| Franchisor can compete | Yes |
| Hire a manager? | Allowed |
| Owner-operator | Required |
| Non-compete (years)ℹ | 2 years |
| Non-compete (miles)ℹ | 10 mi |
| Right of first refusalℹ | Yes |
| Transfer requires consent | Yes |
| Termination notice | 30 days |
| Mandatory arbitration | Yes |
| Jury trial waiver | Yes |
| Governing law | Florida |
| Litigation count | 4 |
View Item 3 litigation summary
Three government enforcement actions disclosed: (1) FTC v. Minuteman Press International, Inc. and Speedy Sign-A-Rama, USA, Inc. (1993) - injunction filed December 18, 1998 for false earnings claims and failure to disclose transfer fees; (2) Signarama consent order with Maryland Securities Commissioner (January 1996) for selling unregistered franchises; (3) TGG consent order with California DFPI (August 9, 2021) for collecting franchise fees before completing pre-opening obligations. Additional consent order involving TGG, GCZ, and UFG with California DFPI (March 2022) regarding trade show violations mentioned but incomplete.
Items 10, 11
Training & Operations
- Classroom training
- 60 hrs
- On-the-job training
- 180 hrs
- Training location
- headquarters and restaurant location
- Field support
- 80 hrs/yr
- On-site visits per year
- Time to open
- 7 mo
- From signing to launch
- POS system
- Toast, Inc.
- Operating tech stack
Items 5 & 11
Franchisor Support
Technology: Toast, Inc.
Item 20 · call current owners
Franchisee Contacts
10 owners to call
Name · phone · city · state. Extracted from FDD Item 20
FDD download
Cannoli Kitchen Pizza · FDD (2024) PDF
Frequently asked questions
Frequently Asked Questions
How much does it cost to open a Cannoli Kitchen Pizza franchise?
The total investment to open a Cannoli Kitchen Pizza franchise ranges from $403K – $536K, 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 Cannoli Kitchen Pizza franchise owners earn?
According to Item 19 of the Cannoli Kitchen Pizza FDD, the average gross sales per unit is $1.5M. Note: this is gross revenue, not profit. Actual owner earnings vary based on location, operating costs, and management.
What is Cannoli Kitchen Pizza's franchise failure rate?
SBA 7(a) loan charge-off data is not available for Cannoli Kitchen Pizza (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 Cannoli Kitchen Pizza franchise locations are there?
As of their most recent FDD filing, Cannoli Kitchen Pizza has 6 total units in the United States, including 0 franchised units and 6 company-owned units.
Is Cannoli Kitchen Pizza a good franchise to buy?
FranchiseVerdict rates Cannoli Kitchen Pizza as a A-grade franchise with a risk score of 33 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.
For franchisors
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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.