Jet’s PizzaFranchise Cost, Revenue & Review 2026
Data from FDD filing + SBA 7(a) records
FranchiseVerdict summary · 2026
A Jet’s Pizza franchise requires a total initial investment of $573K – $786K, including a $30K franchise fee and an ongoing 12.0% royalty[2]. The 2025 FDD does not disclose unit-level revenue (no Item 19). SBA 7(a) loans show a 3.7% charge-off rate across 173 loans[1]. Verdict grade: D. Run a live ROI scan →
Data last verified June 18, 2026 · figures per the 2025 FDD issuance
Overview
- Investment
- $573K – $786K
- 36th pct Service Resta…
- Avg gross sales
- N/A
- 28th pct Service Resta…
- Royalty
- 12.0%
- 45th pct Service Resta…
- Units
- 450
- 47th pct Service Resta…
- SBA default
- 3.7%
- system-wide median varies by category
Quick verdict · Full-Service Restaurants · color = vs category peers
Green = >15% above Full-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
Franchising since 1990. Systems this mature have refined operations and brand recognition.
Franchised units fell from 394 to 360 over 3 years. Investigate why operators are leaving.
Bottom line
- Total investment $573K – $786K including a $30K franchise fee, 12.0% ongoing royalty.
- No Item 19 financial performance data disclosed. The franchisor chose not to publish revenue figures.
- Verdict D (Below Average) with a risk score of 77/100. SBA loan charge-off rate of 3.7% across 173 loans (well below the franchise average, based on all SBA 7(a) franchise lending, 2010–2024).
- Bankruptcy history disclosed in the FDD. Review Item 4 for details before proceeding.
Item 1 · who you're contracting with
The Franchisor
- Legal entity
- Jet’s America, Inc.
- CEO title
- President
- John Jetts
- CEO experience
- 46 yrs
- Years in role or industry
- Founder active
- Yes
- Original founder still leading the business
- Incorporated in
- MI
- HQ
- 37501 Mound Road, Sterling Heights, Michigan 48310
- Auditor
- BDO USA, P.C.
- Audited financials
- Franchisor revenue
- $28.5M
- vs $27.8M prior year
Affiliated brands
- is JAI Productions
Other brands the franchisor or its parent operates (Item 1).
Overview
About
Franchisees operate a Jet's Pizza location, managing daily counter/delivery operations for a Detroit-style square pizza concept. Day-to-day responsibilities include inventory management, labor scheduling, food preparation oversight, customer service, delivery logistics, and local marketing while remitting 12% royalties on acquired inventory plus a $1,200 monthly minimum to the franchisor.
- CEO
- John Jetts
- Headquarters
- MI
- Founded
- 1990
- FDD year
- 2025
- States available
- 22
FDD Item 7 · 2025 filing · 13 line items
Initial investment breakdown
| Line item | Low | High | |
|---|---|---|---|
| Initial Franchise Fee | $15K | $30K | |
| Travel and living expenses while training | $9K | $15K | |
| Security deposit | $4K | $10K | |
| Rent - 3 months | $8K | $20K | |
| Blueprints | $10K | $15K | |
| Leasehold improvements | $300K | $400K | |
| Fixtures and equipment | $175K | $225K | |
| POS System | $20K | $30K | |
| Computer maintenance costs | $2K | $2K | |
| Miscellaneous opening costs | $3K | $6K | |
| Opening inventory | $12K | $14K | |
| Insurance | $10K | $16K | |
| Working Capital/Additional funds - 3 months | $60K | $60K | |
| Total initial investment | $627K | $843K |
Line items extracted from FDD Item 7. Ranges reflect the franchisor's stated low and high per line. Total is the sum of line-item lows / highs — actual costs may fall outside this range depending on market and build-out scope.
Item 7 · what it costs to open + operate
The Vitals
- Total investment
- $573K – $786K
- Better than avg vs category
- Liquid capital req'd
- $60K – $60K
- Near category avg vs category
- Franchise fee
- $15K – $30K
- Better than avg vs category
- Royalty
- 12.0%
- percentage · typical 6–8%
- Ad fund
- Up to 10% of Acquired Inventory when combined with Techno…
- Total fee load
- 22.0%
- vs 9–13% typical
Ongoing fees · Item 6
| Fee | Amount |
|---|---|
| Royalty | 12.0% of gross sales |
| Training fee | $1K |
| Transfer fee | $6K |
| Renewal fee | $4K |
| Inventory (initial) | $12K – $14K |
| Total fee load | 22.0% of rev |
Financial Performance
This franchisor did not disclose financial performance representations in Item 19, or our extractor could not parse them.
vs Full-Service Restaurants averages
How Jet’s Pizza Compares
Unit growth
Item 20 · unit dynamics
The Growth Chart
- Total units
- 450
- Opened
- 27
- Last reporting year
- Closed
- 0
- Turnover rate
- 0.0%
- Company-owned
- 56
- Corporate units in the system
- % franchised
- 88%
- vs corporate-owned
- Net growth (yr3)
- +6.8%
- Net unit change last year
- 3-yr CAGR
- +9.4%
- Compounded over last 3 years
3-year detail · Item 20
- Transfers (3yr)
- 14
- Transfer rate
- 3.1%
- Owners selling to other franchisees
- Continuity rate
- 100.0%
- Units that stayed open
Year-over-year franchised unit counts and net change. Source: FDD Item 20.
Item 20 · 6 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.
- Total loans
- 173
- Loan volume
- $53.8M
- Median loan
- $224K
- 50th percentile
- Charge-off rate
- 3.7%
- rates vary by category · see methodology
Historical SBA 7(a) lending data, not predictive of future performance. How SBA charge-off rates are calculated
- Repayment rate (PIF)
- 100.0%
- 5-yr charge-off
- 0.0%
- Loans approved 2021+
- Active lenders
- 51
- Defaults
- 4
Vintage analysis
Jet’s Pizza charge-off rate by loan vintage
Explore lender portfolios on Bank Reports or regional data on State Reports.
Premium insight
SBA Lending Report
Deep-dive into Jet’s Pizza's SBA lending history: lender network, geographic footprint, interest rates, and more.
SBA Lending Report
- Principal loss rate and NAICS industry benchmark
- 10 lenders with concentration factor
- Per-state charge-off rates across 12 states
- Startup risk premium and job creation velocity
- 14-year lending trend
- SBA 504 real estate/equipment data
Instant access. No subscription.
Risk analysis
FranchiseVerdict rating + FDD Items 3, 5, 6, 12, 17
Risk & Legal
Jet's Pizza presents moderate-to-caution risk: the franchise lacks transparency on unit economics (no Item 19), shows modest growth, carries litigation history, and imposes aggressive royalty structures that could strain profitability.
Litigation (Item 3)
Two settled cases: (1) Gregory Joseph Fekin v. Members of Kentucky #3, LLC et al. - breach of contract, fiduciary duty, and unfair/oppressive conduct claims settled for $222,250 on November 21, 2022; (2) Robert McDonald v. Jet's America, Inc. - Illinois Biometric Information Privacy Act class action settled for $9,500 in February 2022.
Largest disclosed settlement: $222,250
Bankruptcy (Item 4)
Disclosed in last 7 years
Bankruptcy Code; (b) obtained a discharge of its debts under the Bankruptcy Code; or (c) was a principal officer of a company or a general partner in a partnership that either filed as a debtor (or had filed against it) a petition to start an action under the U.S. Bankruptcy Code or that obtained a
Audited financials (Item 21)
Yes · BDO USA, P.C.
Franchisor revenue (Item 21)
Franchisor entity revenue (not unit-level)
Supplier relationship · Items 8 & 16
- Franchisor sells you products: No
- 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 77 / 100 rating
- 01MEDNo Item 19 (Average Unit Volume) disclosed — unable to assess realistic ROI or payback period on $572.5K-$786K investment
- 02MINORModest unit growth of 6.8% YoY suggests market saturation or franchisee satisfaction concerns in mature 450-unit system
- 03HIGHTwo litigation settlements (breach of contract and BIPA class action) indicate operational/legal compliance gaps
- 04MINORHigh royalty burden of 12% on acquired inventory PLUS $1,200/month minimum creates cash flow pressure on thin QSR margins
- 05MINOR10-year term with $30K fee is reasonable but risk is compounded by lack of transparent financial benchmarking
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 | 10 years |
|---|---|
| Renewal term | 10 years |
| Allowed renewalsℹ | 1 |
| Territory type | Radius |
| Protected territory | Yes |
| Exclusive territoryℹ | No |
| Territory radius | 1.5 mi |
| Online sales rightsℹ | Granted |
| Franchisor can compete | Yes |
| Hire a manager? | Allowed |
| Owner-operator | Required |
| Non-compete (years)ℹ | 5 years |
| Right of first refusalℹ | Yes |
| Termination notice | 30 days |
| Curable defaultsℹ | 3 |
| Mandatory arbitration | Yes |
| Jury trial waiver | Yes |
| Governing law | Michigan |
| Litigation count | 2 |
View Item 3 litigation summary
Two settled cases: (1) Gregory Joseph Fekin v. Members of Kentucky #3, LLC et al. - breach of contract, fiduciary duty, and unfair/oppressive conduct claims settled for $222,250 on November 21, 2022; (2) Robert McDonald v. Jet's America, Inc. - Illinois Biometric Information Privacy Act class action settled for $9,500 in February 2022.
Items 10, 11
Training & Operations
- Classroom training
- 20 hrs
- On-the-job training
- 298 hrs
- Training location
- franchisee's restaurant
- Ongoing training
- Required
- Field support
- 24 hrs/yr
- On-site visits per year
- Time to open
- 10 mo
- From signing to launch
- Site selection
- franchisor
Items 5 & 11
Franchisor Support
Item 20 · call current owners
Franchisee Contacts
100 owners to call
Name · phone · city · state. Extracted from FDD Item 20
FDD download
Jet’s Pizza · FDD (2025) PDF
Frequently asked questions
Frequently Asked Questions
How much does it cost to open a Jet’s Pizza franchise?
The total investment to open a Jet’s Pizza franchise ranges from $573K – $786K, with an initial franchise fee of $30K. This includes real estate, equipment, inventory, and working capital as disclosed in their Franchise Disclosure Document (FDD).
What do Jet’s Pizza franchise owners earn?
Jet’s 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 Jet’s Pizza's franchise failure rate?
Based on SBA 7(a) loan data, Jet’s Pizza has a charge-off rate of 3.7% across 173 loans, meaning 3.7% of franchise loans were charged off. Charge-off rates are one proxy for franchise risk, though they do not capture all closures. This data comes from FOIA-sourced SBA lending records.
How many Jet’s Pizza franchise locations are there?
As of their most recent FDD filing, Jet’s Pizza has 450 total units in the United States, including 394 franchised units and 56 company-owned units. 27 new units were opened in the latest reporting year.
Is Jet’s Pizza a good franchise to buy?
FranchiseVerdict rates Jet’s Pizza as a D-grade franchise with a risk score of 77 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.
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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.