Falbo Bros PizzeriaFranchise Cost, Revenue & Review 2026
Data from FDD filing
FranchiseVerdict summary · 2026
A Falbo Bros Pizzeria franchise requires a total initial investment of $40K – $250K, including a $15K franchise fee and an ongoing 5.0% royalty[2]. The 2023 FDD does not disclose unit-level revenue (no Item 19). Verdict grade: B. Run a live ROI scan →
Data last verified June 18, 2026 · figures per the 2023 FDD issuance
Overview
- Investment
- $40K – $250K
- 2nd pct Service Resta…
- Avg gross sales
- N/A
- 59th pct Service Resta…
- Royalty
- 5.0%
- 13th pct Service Resta…
- Units
- 7
- 29th 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
Bottom line
- Total investment $40K – $250K including a $15K franchise fee, 5.0% ongoing royalty.
- No Item 19 financial performance data disclosed. The franchisor chose not to publish revenue figures.
- Verdict B (Above Average) with a risk score of 59/100.
- 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
- Legal entity
- Culinary Management Services, Inc.
- CEO title
- President and CEO
- Stuart P. Bell
- CEO experience
- 42 yrs
- Years in role or industry
- Incorporated in
- MN
- HQ
- 6867 Boudin Street NE, Suite 2, Prior Lake, MN 55372
- Franchisor revenue
- $669K
- Most recent fiscal year
Overview
About
Franchisees operate quick-service pizza restaurants serving made-to-order or signature pizzas, likely managing kitchen operations, food prep, customer service, and POS systems. Day-to-day responsibilities include staffing, inventory management, quality control, and local marketing within protected territory. Franchisees pay 5% royalties on all gross revenue to the franchisor.
- CEO
- Stuart P. Bell
- Headquarters
- MN
- Founded
- 2009
- FDD year
- 2023
- States available
- 2
FDD Item 7 · 2023 filing
Initial investment breakdown
| Cost component | Low | High |
|---|---|---|
| Initial franchise fee | $15K | $15K |
| Working capital (3–6 mo) | $2K | $10K |
| Equipment, build-out, other | $23K | $225K |
| Total initial investment | $40K | $250K |
Source: Falbo Bros Pizzeria 2023 FDD, Items 5 and 7[2]. “Equipment, build-out, other” is computed as total minus disclosed line items above.
Item 7 · what it costs to open + operate
The Vitals
- Total investment
- $40K – $250K
- Better than avg vs category
- Liquid capital req'd
- $2K – $10K
- Better than avg vs category
- Franchise fee
- $10K – $15K
- Better than avg vs category
- Royalty
- 5.0%
- Gross proceeds after sales tax · typical 6–8%
- Ad fund
- 0.0%
- typical 3–5%
- Total fee load
- 5.0%
- vs 9–13% typical
Ongoing fees · Item 6
| Fee | Amount |
|---|---|
| Royalty | 5.0% of gross sales |
| Marketing / ad fund | 0.0% of gross sales |
| Transfer fee | $3K |
| Renewal fee | $5K |
| Total fee load | 5.0% of rev |
Financial Performance
This franchisor did not disclose financial performance representations in Item 19, or our extractor could not parse them.
vs Quick-Service Restaurants averages
How Falbo Bros Pizzeria Compares
Unit growth
Item 20 · unit dynamics
The Growth Chart
- Total units
- 7
- Opened
- 0
- Last reporting year
- Closed
- 0
- Turnover rate
- 0.0%
- Company-owned
- 0
- Corporate units in the system
- % franchised
- 100%
- vs corporate-owned
- Multi-unit owners
- 8.3%
- Net growth (yr3)
- +0.0%
- Net unit change last year
- 3-yr CAGR
- -22.2%
- Compounded over last 3 years
3-year detail · Item 20
- Transfers (3yr)
- 0
- Continuity rate
- 100.0%
- Units that stayed open
Year-over-year franchised unit counts and net change. Source: FDD Item 20.
Item 20 · 12 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.
No SBA loan data available for this brand.
Risk analysis
FranchiseVerdict rating + FDD Items 3, 5, 6, 12, 17
Risk & Legal
Falbo Bros is a micro-franchise with concerning financial opacity, going concern status, and no profitability benchmarks — presenting substantial due diligence and cash flow recovery risks.
Litigation (Item 3)
No pending or concluded litigation matters required to be disclosed for FALBO BROS or its principal officers, directors or shareholders with respect to the business assets available for franchising.
Bankruptcy (Item 4)
None disclosed
Audited financials (Item 21)
No audited financials on file
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 59 / 100 rating
- 01MINORNo Item 19 (Average Unit Volumes) disclosure — impossible to assess profitability or ROI on $40K-$250K investment
- 02MEDOnly 7 total units system-wide indicates minimal scale, limited support infrastructure, and high failure risk
- 03HIGHGoing Concern status is FALSE — suggests franchisor financial instability or viability questions
- 04MINORWide investment range ($40K-$250K) with no corresponding revenue/profit data creates unpredictable outcomes
- 05HIGHNo disclosed litigation but going concern issue suggests potential undisclosed legal or operational problems
- 06MED5-year term is short for pizza QSR; limited runway to recoup $15K franchise fee + buildout costs
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 | 5 years |
|---|---|
| Renewal term | 5 years |
| Territory type | predetermined geographical locations such as zip codes, city, or county lines |
| Protected territory | Yes |
| Online sales rights | Granted |
| Franchisor can compete | Yes |
| Hire a manager? | Allowed |
| Owner-operator | Optional |
| Non-compete (years)ℹ | 2 years |
| Non-compete (miles)ℹ | 5 mi |
| Right of first refusalℹ | Yes |
| RoFR response window | 60 days |
| Transfer requires consent | Yes |
| Termination notice | 30 days |
| Mandatory arbitration | Yes |
| Arbitration location | Minnesota |
| Jury trial waiver | Yes |
| Governing law | Minnesota |
| Litigation count | 0 |
View Item 3 litigation summary
No pending or concluded litigation matters required to be disclosed for FALBO BROS or its principal officers, directors or shareholders with respect to the business assets available for franchising.
Items 10, 11
Training & Operations
- Classroom training
- 0 hrs
- On-the-job training
- 140 hrs
- Training location
- TBD
- Ongoing training
- Required
- Field support
- 15 hrs/yr
- On-site visits per year
Items 5 & 11
Franchisor Support
Item 20 · call current owners
Franchisee Contacts
25 owners to call
Name · phone · city · state. Extracted from FDD Item 20
FDD download
Falbo Bros Pizzeria · FDD (2023) PDF
Frequently asked questions
Frequently Asked Questions
How much does it cost to open a Falbo Bros Pizzeria franchise?
The total investment to open a Falbo Bros Pizzeria franchise ranges from $40K – $250K, with an initial franchise fee of $15K. This includes real estate, equipment, inventory, and working capital as disclosed in their Franchise Disclosure Document (FDD).
What do Falbo Bros Pizzeria franchise owners earn?
Falbo Bros Pizzeria 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 Falbo Bros Pizzeria's franchise failure rate?
SBA 7(a) loan charge-off data is not available for Falbo Bros Pizzeria (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 Falbo Bros Pizzeria franchise locations are there?
As of their most recent FDD filing, Falbo Bros Pizzeria has 7 total units in the United States, including 12 franchised units and 0 company-owned units.
Is Falbo Bros Pizzeria a good franchise to buy?
FranchiseVerdict rates Falbo Bros Pizzeria as a B-grade franchise with a risk score of 59 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.