Extreme Pizza
Bottom line
- Total investment $330K – $787K including a $40K franchise fee.
- Average unit revenue of $698K/year (median $647K).
- Rated MODERATE with a risk score of 56/100. SBA loan default rate of 0.0% across 26 loans (below the industry average).
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 Extreme Pizza unit return on the cash you put in?
Unlevered ROIC · per unit
18%
Below typical band (30–60%)
Levered LBO scenario · Yale Crease Capital framing
What would 25 Extreme Pizza units return on equity?
Equity IRR · 5-yr
49.9%
7.57× MOIC
Year-1 DSCR
1.88×
EBITDA ÷ debt service
Equity required
$1.3M
on $6.3M purchase
Total debt
$5.0M
SBA $3.1M + senior + seller note
Overview
About
Franchisees operate quick-service pizza restaurants featuring customizable extreme-style pizzas, managing daily operations including food preparation, customer service, delivery/carryout fulfillment, and staff management. They are responsible for local marketing, inventory control, and maintaining brand standards across their protected territory.
Item 7 · what it costs
The Vitals
Item 19
Financial Performance
Item 20 · unit dynamics
The Growth Chart
Year-over-year franchised unit counts and net change. Source: FDD Item 20.
Item 20 · 19 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
Extreme Pizza presents meaningful investment risk due to shrinking unit count, undisclosed profitability metrics, high royalty minimums relative to system size, and lack of transparent financial performance data.
Score breakdown · what drove the 56 / 100 rating
- 01MEDUnit count declined 9.1% YoY (21 units) suggesting system contraction and potential franchisee struggles
- 02MEDNet income not disclosed in Item 19 — unable to validate profitability claims or ROI potential
- 03MINORHigh royalty structure (greater of 5% or $250/week minimum) creates cash flow pressure, especially for lower-volume locations
- 04MEDInvestment range of $330k-$787k is substantial with no disclosed average net income to justify ROI timeline
- 05MINORFranchise fee of $40k + high minimum royalty ($13k/year) creates significant upfront cost burden
- 06MEDOnly 21 total units indicates small franchise system with limited support infrastructure and brand recognition
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
31 numbers
One-time purchase · CSV download · Validation questions included
FDD download
Extreme Pizza · FDD (2025) PDF