Bottom line
- Total investment $137K – $425K including a $20K franchise fee.
- No Item 19 financial performance data disclosed — the franchisor chose not to publish revenue figures.
- Rated STRONG with a risk score of 51/100. SBA loan default rate of 0.0% across 199 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 Fox’s Pizza Den unit return on the cash you put in?
Unlevered ROIC · per unit
39%
In Yale's "attractive" band (30–60%)
Overview
About
Franchisees operate quick-service pizza restaurants, managing food preparation, customer service, delivery logistics, and staff. Daily operations include dough preparation, pizza assembly, oven management, order fulfillment (dine-in, carryout, delivery), inventory control, and local marketing to drive top-line revenue.
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 · 14 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
Fox's Pizza Den shows stagnant growth, opaque financials, and a royalty structure misaligned with franchisee success, suggesting moderate-to-high execution risk without proven unit economics.
Score breakdown · what drove the 51 / 100 rating
- 01MINORDeclining unit count: 198 units represents only 2.6% YoY growth, indicating stagnation in a mature pizza market
- 02MINORNo Item 19 financial disclosure: Franchisor refuses to disclose average unit volumes or net income, preventing ROI verification
- 03MINORHigh investment-to-royalty ratio: $136,600–$424,500 startup cost against only $500/month royalty suggests weak franchisor support model and reliance on franchise fees for revenue
- 04MINORShort 5-year term: Unusually brief renewal cycle creates reinvestment uncertainty and limits long-term planning
- 05HIGHMinimal disclosed litigation transparency: No lawsuits disclosed may indicate outdated FDD or inadequate disclosure practices
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
100 numbers
One-time purchase · CSV download · Validation questions included
FDD download
Fox’s Pizza Den · FDD (2025) PDF