Hangar 54 PizzaFranchise Cost, Revenue & Review 2026
Data from FDD filing + SBA 7(a) records
FranchiseVerdict summary · 2026
A Hangar 54 Pizza franchise requires a total initial investment of $9K – $644K. The 2025 FDD does not disclose unit-level revenue (no Item 19). Verdict grade: F. Run a live ROI scan →
Data last verified June 18, 2026 · figures per the 2025 FDD issuance
Overview
- Investment
- $9K – $644K
- 0th pct Service Resta…
- Avg gross sales
- N/A
- 59th pct Service Resta…
- Royalty
- N/A
- Units
- 170
- 79th 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
The system grew 28% year-over-year. Fast growth means demand, but can strain support.
Bottom line
- Total investment $9K – $644K including a $0 franchise fee.
- No Item 19 financial performance data disclosed. The franchisor chose not to publish revenue figures.
- Verdict F (Bottom Quintile) with a risk score of 82/100.
- System growing at 57.3% CAGR over 3 years with 170 total units. Strong expansion trajectory.
Item 1 · who you're contracting with
The Franchisor
- Legal entity
- Hangar 54 Pizza Franchising, LLC
- Parent company
- Pro Food Systems, Inc.
- Predecessor
- We do not have a predecessor
- Prior franchisor entity
- Incorporated in
- DE
- HQ
- 120 Commerce Drive, Holts Summit, Missouri 65043
- Auditor
- Eide Bailly
- Audited financials
- Franchisor revenue
- $16K
- vs $15K prior year
Affiliated brands
- Champs Chicken Franchising
- do not operate
Other brands the franchisor or its parent operates (Item 1).
Overview
About
Hangar 54 Pizza franchisees operate quick-service pizza restaurants, typically managing food preparation, point-of-sale operations, inventory management, and customer service. Day-to-day responsibilities include staff scheduling, quality control, local marketing execution, and vendor relations to maintain consistent product delivery across their protected territory.
- CEO
- Shawn Burcham
- Headquarters
- MO
- Founded
- 2020
- FDD year
- 2025
- States available
- 28
FDD Item 7 · 2025 filing
Initial investment breakdown
| Cost component | Low | High |
|---|---|---|
| Working capital (3–6 mo) | $3K | $30K |
| Equipment, build-out, other | $6K | $614K |
| Total initial investment | $9K | $644K |
Source: Hangar 54 Pizza 2025 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
- $9K – $644K
- Better than avg vs category
- Liquid capital req'd
- $3K – $30K
- Better than avg vs category
- Franchise fee
- N/A
- Better than avg vs category
- Royalty
- 0
- Ad fund
- -n/d
Ongoing fees · Item 6
| Fee | Amount |
|---|---|
| Transfer fee | $3K |
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 Hangar 54 Pizza Compares
Unit growth
Item 20 · unit dynamics
The Growth Chart
- Total units
- 170
- Opened
- 42
- Last reporting year
- Closed
- 6
- Turnover rate
- 3.5%
- Company-owned
- 8
- Corporate units in the system
- % franchised
- 95%
- vs corporate-owned
- Net growth (yr3)
- +27.6%
- Net unit change last year
- 3-yr CAGR
- +57.3%
- Compounded over last 3 years
3-year detail · Item 20
- Opened (3yr)
- 35
- Closed (3yr)
- 9
- Terminated (3yr)
- 0
- Non-renewed (3yr)
- 0
- Transfers (3yr)
- 5
- Reacquired (3yr)
- 0
- Franchisor bought back
Year-over-year franchised unit counts and net change. Source: FDD Item 20.
Item 20 · 21 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.
Available to sell in · Item 12
- Maryland
- North Dakota
- Rhode Island
States where the franchisor is registered to sell new franchises (FDD registration filings).
SBA loan performance
Government records
SBA Loan Data
Aggregated from SBA 7(a) and 504 loan disclosures, public data unique to FranchiseVerdict.
- Total loans
- 169
- Loan volume
- N/A
- Amount data pending
- Median loan
- N/A
- Charge-off rate
- N/A
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
- 0
- Defaults
- 0
Explore lender portfolios on Bank Reports or regional data on State Reports.
Risk analysis
FranchiseVerdict rating + FDD Items 3, 5, 6, 12, 17
Risk & Legal
Hangar 54 Pizza exhibits moderate-to-high risk due to non-disclosure of unit economics, extreme investment variance, zero royalty model, and rapid growth without transparent profitability validation.
Litigation (Item 3)
0 case reference(s): 0 pending, 0 settled.
Largest disclosed settlement: $130,000
Bankruptcy (Item 4)
None disclosed
Audited financials (Item 21)
Yes · Eide Bailly
Franchisor revenue (Item 21)
Franchisor entity revenue (not unit-level)
Supplier relationship · Items 8 & 16
- Franchisor sells you products: No
- Must buy proprietary products: Yes
- Restricted to system-approved products: No
Score breakdown · what drove the 82 / 100 rating
- 01MINORNo financial performance disclosure (Item 19) — cannot validate claimed 27.6% YoY growth or actual profitability
- 02MINORExtreme investment range variance ($9K–$643.5K, 71x difference) suggests inconsistent unit economics or undefined territory model
- 03MINORZero royalty model raises sustainability questions about franchisor support, marketing fund, and long-term reinvestment capacity
- 04MEDRapid unit expansion (27.6% YoY) without disclosed profitability metrics suggests possible low-barrier-to-entry saturation risk
- 05MEDNo term length disclosed — unclear franchise duration, renewal terms, and long-term commitment expectations
- 06HIGHGoing Concern status False but financial transparency absent — cannot independently verify viability claims
Severity inferred from the FDD text · not a regulatory classification
FDD Items 5, 6, 12, 17 · continued from Risk & Legal
Contract & Territory Detail
| Renewal term | 5 years |
|---|---|
| Territory type | Radius (for Gold Level) or Site Only (for Silver Level) |
| Protected territory | Yes |
| Online sales rights | Granted |
| Franchisor can compete | Yes |
| Hire a manager? | Allowed |
| Owner-operator | Required |
| Right of first refusalℹ | No |
| Termination notice | 60 days |
| Termination groundsℹ | 1 |
| Curable defaultsℹ | 2 |
| Mandatory arbitration | No |
| Jury trial waiver | Yes |
| Governing law | Delaware |
| Litigation count | 0 |
View Item 3 litigation summary
0 case reference(s): 0 pending, 0 settled.
Items 10, 11
Training & Operations
- Classroom training
- 0 hrs
- On-the-job training
- 11 hrs
- Training location
- On-site and corporate
- Franchisor financing
- Not offered
- Item 10
Items 5 & 11
Franchisor Support
Item 20 · call current owners
Franchisee Contacts
70 owners to call
Name · phone · city · state. Extracted from FDD Item 20
FDD download
Hangar 54 Pizza · FDD (2025) PDF
Frequently asked questions
Frequently Asked Questions
How much does it cost to open a Hangar 54 Pizza franchise?
The total investment to open a Hangar 54 Pizza franchise ranges from $9K – $644K. This includes real estate, equipment, inventory, and working capital as disclosed in their Franchise Disclosure Document (FDD).
What do Hangar 54 Pizza franchise owners earn?
Hangar 54 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 Hangar 54 Pizza's franchise failure rate?
SBA 7(a) loan charge-off data is not available for Hangar 54 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 Hangar 54 Pizza franchise locations are there?
As of their most recent FDD filing, Hangar 54 Pizza has 170 total units in the United States, including 103 franchised units and 8 company-owned units. 42 new units were opened in the latest reporting year.
Is Hangar 54 Pizza a good franchise to buy?
FranchiseVerdict rates Hangar 54 Pizza as a F-grade franchise with a risk score of 82 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
Are you the franchisor?
If you represent Hangar 54 Pizza, you can request corrections or provide updated information.
Claim this brandOther Quick-Service Restaurants franchises
Compare similar franchise opportunities in the Quick-Service Restaurants category
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.