FranchiseVerdict
Gold Dust Pizza logo
FV-01070·STRONGExcellent86

Gold Dust Pizza

Food & Beverage - PizzaFranchising since 2025Website
Investment
$279K – $936K
54th pct Pizza
Avg revenue
$2.0M
41st pct Pizza
Royalty
5.0%
22nd pct Pizza
Units
5
10th pct Pizza
SBA default
0.0%
vs <3% typical

Bottom line

  • Total investment $279K – $936K including a $30K franchise fee, 5.0% ongoing royalty.
  • Average unit revenue of $2.0M/year.
  • Rated STRONG with a risk score of 42/100. SBA loan default rate of 0.0% across 169 loans (below the industry average).
  • Auditor disclosed a going-concern note — flagged doubt about the franchisor's ability to continue operations. Verify against the latest FDD.

Item 1 · who you're contracting with

The Franchisor

Legal entity
Gold Dust Pizza, LLC
Incorporated in
Wyoming
HQ
1444 W Main Street Ste A, Ripon, CA 95366
Auditor
MUHAMMAD ZUBAIRY, CPA PC
Audited financials
⚠ Going-concern note
Disclosed in FDD 2025
Auditor flagged doubt about continued operations. Verify against the latest FDD before deciding.

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 Gold Dust Pizza unit return on the cash you put in?

Revenue · per unit, per year
$
FDD Item 19 reports $2,007,484
Franchisor take · royalty + ad fund
Royaltytyp 68%
%
Ad fundtyp 35%
%
Operating costs · category default: restaurant
COGS
%
Labor
%
Rent / occupancy
%
Other operating
%
Total invested capital · what you actually put in
Initial investment
$
FDD Item 7: $279K–$936K
Working capital
$
FDD reports $40K–$100K

Unlevered ROIC · per unit

36%

In Yale's "attractive" band (30–60%)

0%30–60% Yale band80%

Store EBITDA · annual
$241K
EBITDA margin
12.0%
Total invested
$677K
Payback
34 mo
Unit-level only. A multi-unit portfolio gives up roughly 5–15% of this to shared services (corporate G&A) before reaching the ~10-unit break-even Yale describes.

Levered LBO scenario · Yale Crease Capital framing

What would 25 Gold Dust Pizza units return on equity?

Edit assumptions

Equity IRR · 5-yr

49.7%

7.51× MOIC

Year-1 DSCR

1.88×

EBITDA ÷ debt service

Equity required

$2.0M

on $10.0M purchase

Total debt

$8.0M

SBA $5.0M + senior + seller note

SBA 7(a) request ($5.0M) exceeds the $5M program cap. Excess capped automatically; backfill via conventional or equity.

Overview

About

Gold Dust Pizza franchisees operate quick-service or full-service pizza restaurants, managing daily food preparation, customer service, staffing, and inventory. They handle marketing, local promotions, and day-to-day P&L responsibility within a protected territory while adhering to franchisor brand standards and recipes.

CEO
Monica Willey
Founded
2025
FDD year
2025
States available
1

Item 7 · what it costs

The Vitals

Total investment
$279K – $936K
All-in to open one unit
Liquid capital
$40K – $100K
Cash you must have on hand
Franchise fee
$30K
Royalty
5.0%
Net Sales · typical 6–8%
Ad fund
1.0%
typical 3–5%
Total fee load
6.0%
vs 9–13% typical

Item 19

Financial Performance

Avg gross sales
$2.0M
Per unit, per year
Median gross sales
Item 19 type
Historical
Sample size
4 units
vs category median 40 · small
Range (low → high)
$705K$3.8M
Cohort dispersion
Transparency
3 / 5
vs category median 0 / 5 · above
Revenue rank41th
vs Food & Beverage - Pizza peers
Investment cost rank54th
Lower investment ranks lower (better)
Royalty rate rank22th
Lower royalty = lower percentile (better)
Unit count rank10th
vs Food & Beverage - Pizza peers
Risk score rank2th
Lower risk = lower percentile (better)

Item 20 · unit dynamics

The Growth Chart

Total units
5
Opened
0
Last reporting year
Closed
0
Turnover rate
0.0%
Company-owned
5
Corporate units in the system
% franchised
0%
vs corporate-owned
2023
0+1
Franchised units
2024
0
Franchised units
2025
0
Franchised units

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).

AK
ME
VT
NH
MA
RI
CT
NY
NJ
PA
DE
MD
DC
WA
OR
CA
NV
ID
MT
WY
UT
CO
AZ
NM
ND
SD
NE
KS
OK
TX
MN
IA
MO
AR
LA
WI
IL
MS
TN
MI
IN
KY
AL
OH
WV
GA
VA
NC
SC
FL
HI
Registered · 14 states
Not registered

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.

Total loans
169
Loan volume
Avg loan
Default rate
0.0%
vs <3% typical · system-wide
5-yr default

FranchiseVerdict rating + FDD Items 3, 5, 6, 12, 17

Risk & Legal

42
Risk · 0-100
STRONG42 / 100

Gold Dust Pizza is a micro-franchise with insufficient operating history, opaque profitability metrics, and unclear unit economics that warrant caution despite protected territory and no litigation.

Score breakdown · what drove the 42 / 100 rating

  1. 01MINOROnly 5 units in system with unknown growth trajectory — insufficient scale and data to assess viability
  2. 02MEDNet Income not disclosed in FDD — unable to validate $2M+ average revenue translates to acceptable profitability
  3. 03MINORWide investment range ($279K–$935K) suggests inconsistent unit economics or unclear cost structure
  4. 04MINORExtremely small franchisee base limits meaningful performance validation and peer support network
  5. 05MED5% royalty on undisclosed net income creates uncertainty about true cost burden to franchisees

Severity inferred from the FDD text · not a regulatory classification

FDD Items 5, 6, 12, 17 · continued from Risk & Legal

Contract & Territory Detail

Territory
Radius
Protected territory
Yes
Initial term
10 years
Online sales rights
Restricted
Franchisor can compete
No
Hire a manager?
Allowed
Litigation count
0
Right of first refusal
Yes
Franchisor can buy back on resale
Mandatory arbitration
Yes
Jury trial waiver
Yes
Non-compete
2 yrs
Post-termination restriction
Owner-operator
Required
Governing law
Wyoming

Item 11

Training & Operations

Classroom training
48 hrs
On-the-job training
13 hrs
POS system
TOAST POS
Operating tech stack

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

14 numbers

Locked
(317) 232-••••
IN
(401) 462-••••
RI
(608) 266-••••
WI

One-time purchase · CSV download · Validation questions included

FDD download

Gold Dust Pizza · FDD (2025) PDF

Single-page checkout · instant download · CSV export of contacts available separately above