Chanticlear Pizza Franchise Cost, Revenue & Review 2026
Data from FDD filing + SBA 7(a) records
Analysis by FranchiseVerdict Research · Methodology
Chanticlear Pizza is a pizza franchise serving pizza for dine-in, carryout, and delivery, often in bar and tavern locations. Franchisees run the operations, managing food prep, delivery, and staffing.
FranchiseVerdict summary · 2026
A Chanticlear Pizza franchise requires a total initial investment of $247K – $326K, including a $20K franchise fee and an ongoing 4.0% royalty[2]. The 2024 FDD does not disclose unit-level revenue (no Item 19). FranchiseVerdict grade: B (Above average), an editorial assessment, not investment advice. Run a live ROI scan →
Data last verified · figures per the 2024 FDD issuance
Overview
- Investment
- $247K – $326K
- 37th pct Service Resta…
- Avg gross sales
- N/A
- Royalty
- 4.0%
- 3rd pct Service Resta…
- Units
- 11
- 39th pct Service Resta…
- SBA charge-off
- N/A
Quick verdict · Quick-Service Restaurants · color = vs category peers
Green = favorable by >10% vs Quick-Service Restaurants avg · No shading = within ±10% · Red = unfavorable by >10% · Source: FDD filings + SBA 7(a)
Data from public FDD filings and SBA records. Not financial advice. Methodology
Bottom line
- COSTTotal investment $247K – $326K including a $20K franchise fee, 4.0% ongoing royalty.
- RETURNSFY2023 audited Statement of Income: Royalties $195,409, Ad revenue $149,635, Rebates $90,531, Miscellaneous $21,333; Total Revenue $456,908. Net Income $60,771 includes $21,600 rental income and $2 interest in Other Income.
- RISKVerdict B (Above average), verdict score 51/100 (higher is better).
- DATANo 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
Corporate structure & franchisor financials
- Legal entity
- Chanticlear Franchise System, LLC
- CEO title
- President
- Dale R. Heille
- Incorporated in
- MN
- HQ
- 18015 Ulysses Street N.E., Ham Lake, Minnesota 55304
- Auditor
- Lethert, Skwira, Schultz & Co. LLP
- Audited financials
- Franchisor revenue
- $457K
- vs $509K prior year
Affiliated brands
- DalMar
- will apply to the owners
Other brands the franchisor or its parent operates (Item 1).
Overview
About
- CEO
- Dale R. Heille
- Headquarters
- MN
- Founded
- 2003
- FDD year
- 2024
- States available
- 1
Can you afford it, and what does the money buy?
Entry cost runs 57% below the typical quick-service restaurants franchise.
Source: FDD 2024 · Items 5–7
Full Item 7 breakdown7 line items
Initial investment breakdown
| Line item | Low | High | |
|---|---|---|---|
| Initial Franchise Feenot refundable | $20K | $20K | |
| Tenant Improvementsnot refundable | $90K | $120K | |
| Equipment, Signage, POS Computer Systemnot refundable | $91K | $111K | |
| Pre-opening Expensesnot refundable | $15K | $25K | |
| Initial Inventorynot refundable | $4K | $6K | |
| Professional Feesnot refundable | $2K | $4K | |
| Additional Funds - 3 monthsnot refundable | $25K | $40K | |
| Total initial investment | $247K | $326K |
Line items extracted from FDD Item 7. Ranges reflect the franchisor's stated low and high per line. Total is the sum of line-item lows / highs — actual costs may fall outside this range depending on market and build-out scope.
Item 7 · what it costs to open + operate
The Vitals
- Total investment
- $247K – $326K
- Top 40% of category vs category
- Liquid capital req'd
- $25K – $40K
- Middle of category vs category
- Franchise fee
- $20K – $20K
- Top 40% of category vs category
- Royalty
- 4.0%
- percentage · typical 6–8%
- Ad fund
- 1.0%
- typical 3–5%
- Total fee load
- 5.0%
- vs 9–13% typical
Ongoing fees · Item 6
| Fee | Amount |
|---|---|
| Royalty | 4.0% of gross sales |
| Marketing / ad fund | 1.0% of gross sales |
| Technology fee | $150 |
| Transfer fee | $3K |
| Renewal fee | $5K |
| Inventory (initial) | $4K – $6K |
| Total fee load | 5.0% of rev |
ROI & LBO modelsSingle-unit · 25-unit portfolio · editable
Chanticlear Pizza did not disclose financial performance in FDD Item 19. The ROIC and return models require Item 19 revenue. Without it all inputs are estimates. You can still run the calculator with your own assumptions by entering an expected revenue figure.
Returns model · single-unit ROIC
What would one Chanticlear Pizza unit return on the cash you put in?
Unlevered ROIC · per unit
Estimated return on your total franchise investment, before any debt financing.
40%
Within the 30–60% "attractive franchise" band
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: 2024 FDD
Financial Performance
FY2023 audited Statement of Income: Royalties $195,409, Ad revenue $149,635, Rebates $90,531, Miscellaneous $21,333; Total Revenue $456,908. Net Income $60,771 includes $21,600 rental income and $2 interest in Other Income.
Operator outlook
What the numbers say
Data-driven interpretation of this brand's financial disclosures, fee structure, and system trajectory.
Fee burden
Total ongoing fee load of 5.0% — below the Quick-Service Restaurants average of 7.9%.
Disclosure
Franchisor chose not to disclose financial performance representations. You will need to gather unit economics directly from existing franchisees.
Operator retention
System contracting at -9.1% CAGR over 3 years. Investigate whether closures are franchisor-driven consolidation or franchisee exits.
Source: FDD Item 19 financial performance representations and publicly filed FDD data. Past performance is not indicative of future results. Verify all figures with the franchisor and current franchisees before making any investment decision.
vs Quick-Service Restaurants averages
How Chanticlear Pizza Compares
Is the system healthy?
Source: FDD 2024 · Item 20
Unit growth
Item 20 · unit dynamics
The Growth Chart
- Total units
- 11
- Opened
- 0
- Last reporting year
- Closed
- 1
- Terminated
- 0
- Franchisor ended the franchise (per Item 20)
- Non-renewed
- 0
- Term expired, not renewed (per Item 20)
- Turnover rate
- 10.0%
- Company-owned
- 1
- Corporate units in the system
- % franchised
- 91%
- vs corporate-owned
- Net growth (3-yr)
- -9.1%
- Net unit change over 3 years
- 3-yr CAGR
- -9.1%
- Compounded over last 3 years
3-year detail · Item 20
- Opened (3yr)
- 0
- Closed (3yr)
- 1
- Terminated (3yr)
- 0
- Non-renewed (3yr)
- 0
- Transfers (3yr)
- 0
- Reacquired (3yr)
- 0
- Franchisor bought back
- Continuity rate
- 90.9%
- Units that stayed open
- Ceased ops
- 8.3%
- Units that stopped operating
Year-over-year franchised unit counts and net change. Source: FDD Item 20.
Item 12 · 1 state 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.
1
states with franchisees (per FDD Item 12)
SBA loan performance
Government records
SBA Loan Data
Aggregated from SBA loan disclosures. This brand has only 4 7(a) loans on file; statistical reliability is limited below 10 loans.
- Total loans
- 4
- Loan volume
- $1.6M
- Median loan
- $165K
- 50th percentile
- Charge-off rate
- N/A
- limited sample (4 loans) — rate not shown below 10
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
- 1
- Defaults
- N/A
Explore lender portfolios on Bank Reports or regional data on State Reports.
What could kill this investment?
Source: SBA 7(a) FOIA · FDD Items 3, 21
Risk analysis
FranchiseVerdict rating + FDD Items 3, 4, 8, 16, 21
Risk & Legal
Chanticlear Pizza presents HIGH RISK due to a contracting franchise system (down 9.1% YoY), undisclosed financials preventing ROI analysis, franchisor going concern issues, and prior regulatory violations.
Litigation (Item 3)
1 action: In the Matter of Chanticlear Franchise System LLC (2003) - MN Commissioner of Commerce alleged offering/selling unregistered franchises; resulted in Consent Cease and Desist Order and $8,000 civil penalty
Largest disclosed settlement: $8,000
Bankruptcy (Item 4)
None disclosed
Audited financials (Item 21)
Yes · Lethert, Skwira, Schultz & Co. LLP
Franchisor revenue (Item 21)
Franchisor entity revenue (not unit-level)
Supplier relationship · Items 8 & 16
- Franchisor sells you products: No
- Kickbacks from required suppliers: Yes
- Must buy proprietary products: Yes
- Restricted to system-approved products: Yes
- Can negotiate own supplier terms: No
Score breakdown · what drove the 51 / 100 verdict
- 01MED9.1% unit decline year-over-year indicates shrinking franchise system with active closures
- 02HIGHGoing Concern status is FALSE — potential solvency or operational viability issues with franchisor
- 03MINORHistorical SEC/state regulatory violation in 2003 for unregistered franchise sales shows compliance failures
- 04MEDNo Item 19 financial disclosure (Avg Revenue and Net Income not disclosed) prevents ROI validation
- 05MINOR11 total units is critically small system size with minimal scale and support infrastructure
- 06MED4% royalty on undisclosed revenue makes it impossible to project actual cash flow or profitability
Severity inferred from the FDD text · not a regulatory classification
What are you signing up for?
Ongoing fees run about 5.0% of sales (royalty + ad fund), before rent and labor.
Source: FDD 2024 · Items 11, 12, 17
FDD Items 12, 15, 17 · continued from Risk & Legal
Contract & Territory Detail
| Initial term | 10 years |
|---|---|
| Renewal term | 10 years |
| Allowed renewalsℹ | 1 |
| Territory type | protected |
| Protected territory | Yes |
| Territory radius | 1 mi |
| Online sales rightsℹ | Restricted |
| Franchisor can compete | Yes |
| Hire a manager? | Allowed |
| Owner-operator | Required |
| Non-compete (years)ℹ | 1 year |
| Non-compete (miles)ℹ | 25 mi |
| Right of first refusalℹ | Yes |
| Transfer requires consent | Yes |
| Termination notice | 30 days |
| Curable defaultsℹ | 1 |
| Mandatory arbitration | No |
| Arbitration location | Not applicable |
| Jury trial waiver | No |
| Governing law | MN |
| Litigation count | 1 |
View Item 3 litigation summary
1 action: In the Matter of Chanticlear Franchise System LLC (2003) - MN Commissioner of Commerce alleged offering/selling unregistered franchises; resulted in Consent Cease and Desist Order and $8,000 civil penalty
Items 10, 11
Training & Operations
- Classroom training
- 0 hrs
- On-the-job training
- 180 hrs
- Training location
- At restaurant of an affiliate or another franchisee
- Ongoing training
- Optional
- Time to open
- 6 mo
- From signing to launch
- Site selection
- Franchisee selects; franchisor approves
- Franchisor financing
- Not offered
- Item 10
- POS system
- Two approved POS systems (unspecified brands)
- Operating tech stack
Items 5 & 11
Franchisor Support
Technology: Two approved POS systems (unspecified brands)
Item 20 · call current owners
Franchisee Contacts
11 owners to call
Name · phone · city · state. Extracted from FDD Item 20
FDD download
Chanticlear Pizza · FDD (2024) PDF
Frequently asked questions
Frequently Asked Questions
How much does it cost to open a Chanticlear Pizza franchise?
The total investment to open a Chanticlear Pizza franchise ranges from $247K – $326K, with an initial franchise fee of $20K. This includes real estate, equipment, inventory, and working capital as disclosed in their Franchise Disclosure Document (FDD).
What do Chanticlear Pizza franchise owners earn?
Chanticlear Pizza does not disclose average franchise owner earnings in their FDD Item 19. Not all franchisors are required to make financial performance representations. We recommend asking existing franchisees directly about their financial experience.
What is Item 19 in the Chanticlear 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 Chanticlear Pizza FDD and qualifies whose outlets they describe.
What is Chanticlear Pizza's franchise failure rate?
SBA 7(a) loan charge-off data is not available for Chanticlear 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 Chanticlear Pizza franchise locations are there?
As of their most recent FDD filing, Chanticlear Pizza has 11 total units in the United States, including 10 franchised units and 1 company-owned units.
Is Chanticlear Pizza a good franchise to buy?
FranchiseVerdict rates Chanticlear Pizza as a B-grade franchise with a verdict score of 51 out of 100 (higher is better), 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
Are you the franchisor?
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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.