Jet’s Pizza Franchise Cost, Revenue & Review 2026
Data from FDD filing + SBA 7(a) records
Analysis by FranchiseVerdict Research · Methodology
Jet's Pizza is a quick-service pizza franchise known for its Detroit-style square, deep-dish pizza. Franchisees run stores for carryout and delivery, managing food prep, staffing, and local marketing.
FranchiseVerdict summary · 2026
A Jet’s Pizza franchise requires a total initial investment of $628K – $843K, including a $15K – $30K franchise fee and an ongoing 12.0% royalty[2]. The 2026 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]. FranchiseVerdict grade: A (Strongest tier), an editorial assessment, not investment advice. Run a live ROI scan →
Data last verified · figures per the 2026 FDD issuance
Overview
- Investment
- $628K – $843K
- 84th pct Service Resta…
- Avg gross sales
- N/A
- Royalty
- 12.0%
- 91st pct Service Resta…
- Units
- 474
- 89th pct Service Resta…
- SBA charge-off
- 3.7%
- % of SBA 7(a) loans not repaid · median varies by category
Quick verdict · Quick-Service Restaurants · color = vs category peers
Green = favorable by >10% vs Quick-Service Restaurants avg · No shading = within ±10% · Red = unfavorable by >10% · Source: FDD filings + SBA 7(a)
Data from public FDD filings and SBA records. Not financial advice. Methodology
Bottom line
- COSTTotal investment $628K – $843K including a $30K franchise fee, 12.0% ongoing royalty.
- RETURNSItem 19: Jet's makes no financial performance representations of any kind (no earnings claim in this FDD).
- RISKVerdict A (Strongest tier), verdict score 76/100 (higher is better). SBA loan charge-off rate of 3.7% across 173 loans (well below the franchise average, based on all SBA 7(a) franchise lending, 2010–2025).
- DATANo 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
Corporate structure & franchisor financials
- 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
- Michigan
- HQ
- 37501 Mound Road, Sterling Heights, Michigan 48310
- Auditor
- BDO USA, P.C.
- Audited financials
- Franchisor revenue
- $34.6M
- vs $30.8M prior year
Affiliated brands
- is JAI Productions
Other brands the franchisor or its parent operates (Item 1).
Overview
About
- CEO
- John Jetts
- Headquarters
- Michigan
- Founded
- 1990
- FDD year
- 2026
- States available
- 21
Can you afford it, and what does the money buy?
Entry cost runs 12% above the typical quick-service restaurants franchise.
Source: FDD 2026 · Items 5–7
Full Item 7 breakdown13 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
- $628K – $843K
- Bottom third — review vs category
- Liquid capital req'd
- $60K – $60K
- Bottom third — review vs category
- Franchise fee
- $15K – $30K
- Top 40% of category vs category
- Royalty
- 12.0%
- percentage · typical 6–8%
- Ad fund
- 5.0%
- typical 3–5%
- Total fee load
- 22.0%
- vs 9–13% typical
Ongoing fees · Item 6
| Fee | Amount |
|---|---|
| Royalty | 12.0% of gross sales |
| Marketing / ad fund | 5.0% of gross sales |
| Training fee | $1K |
| Transfer fee | $6K |
| Renewal fee | $4K |
| Inventory (initial) | $12K – $14K |
| Total fee load | 22.0% of rev |
ROI & LBO modelsSingle-unit · 25-unit portfolio · editable
Jet’s Pizza did not disclose financial performance in FDD Item 19. The ROIC and return models require Item 19 revenue. Without it all inputs are estimates. You can still run the calculator with your own assumptions by entering an expected revenue figure.
Returns model · single-unit ROIC
What would one Jet’s Pizza unit return on the cash you put in?
Unlevered ROIC · per unit
Estimated return on your total franchise investment, before any debt financing.
5%
Below the 30–60% attractive-franchise band
These models are for research and scenario planning only. Not investment advice. Actual results depend on your specific location, management, and market conditions. Consult a franchise attorney and accountant before signing any franchise agreement.
Item 19 · Source: 2026 FDD
Financial Performance
Item 19: Jet's makes no financial performance representations of any kind (no earnings claim in this FDD).
Operator outlook
What the numbers say
Data-driven interpretation of this brand's financial disclosures, fee structure, and system trajectory.
Fee burden
Total ongoing fee load of 22.0% — above the Quick-Service Restaurants average of 7.9%.
Disclosure
Franchisor chose not to disclose financial performance representations. You will need to gather unit economics directly from existing franchisees.
Operator retention
System expanding at 9.4% CAGR over 3 years across 474 units — operators are staying and new ones are joining.
Source: FDD Item 19 financial performance representations and publicly filed FDD data. Past performance is not indicative of future results. Verify all figures with the franchisor and current franchisees before making any investment decision.
vs Quick-Service Restaurants averages
How Jet’s Pizza Compares
Is the system healthy?
Source: FDD 2026 · Item 20
Unit growth
Item 20 · unit dynamics
The Growth Chart
- Total units
- 474
- Opened
- 22
- Last reporting year
- Closed
- 3
- Terminated
- 0
- Franchisor ended the franchise (per Item 20)
- Non-renewed
- 0
- Term expired, not renewed (per Item 20)
- Turnover rate
- 0.7%
- Company-owned
- 61
- Corporate units in the system
- % franchised
- 87%
- vs corporate-owned
- Net growth (3-yr)
- +9.4%
- Net unit change over 3 years
- 3-yr CAGR
- +9.4%
- Compounded over last 3 years
3-year detail · Item 20
- Opened (3yr)
- 22
- Closed (3yr)
- 3
- Terminated (3yr)
- 0
- Non-renewed (3yr)
- 0
- Transfers (3yr)
- 6
- Reacquired (3yr)
- 3
- Franchisor bought back
- 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)
- 96.3%
- 5-yr charge-off
- 0.0%
- Loans approved 2021+
- Active lenders
- 51
- Defaults
- 4
- Typical loan rate
- 6.0%
- avg rate to borrowers
- Franchised industry avg
- 21.5%
- brand beats franchise avg ↓
- Jobs supported
- 775
- 7.5 per loan
- Lender concentration
- 24%
- top lender's share
Franchise vs independent — in limited-service restaurants, franchised businesses charge off at 21.5% vs 25.0% for independents — franchising is associated with 14% lower SBA default risk in this category.
Vintage analysis
Jet’s Pizza charge-off rate by loan vintage
Top lenders financing Jet’s Pizza franchisees
Showing 3 of 51 lenders. The full breakdown — every lender, state distribution, interest rates & risk ratings — is in the SBA Lending Report below.
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.
What could kill this investment?
SBA loans charge off at 3.7% — 77% below the 16.0% national norm, i.e. lower lender-observed risk.
Source: SBA 7(a) FOIA · FDD Items 3, 21
Risk analysis
FranchiseVerdict rating + FDD Items 3, 4, 8, 16, 21
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 disclosed cases: (1) Gregory Joseph Fekin v. Members of Kentucky #3, LLC, et al. (Macomb County Circuit Court, 2021-001643-CB) - breach of contract claim re: promissory note, settled confidentially for $222,250, dismissed Dec 2022; (2) Robert McDonald v. Jet's America, Inc. (Cook County, IL, 2021 CH 00658) - putative class action alleging violations of Illinois Biometric Information Privacy Act (employee thumbprint timekeeping), settled for $9,500 total in 2022.
Largest disclosed settlement: $222,250
Bankruptcy (Item 4)
None disclosed
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: Yes
- Kickbacks from required suppliers: Yes
- Must buy proprietary products: Yes
- Restricted to system-approved products: Yes
- Can negotiate own supplier terms: No
Score breakdown · what drove the 76 / 100 verdict
- 01MINORModest unit growth of 6.8% YoY suggests market saturation or franchisee satisfaction concerns in mature 450-unit system
- 02HIGHTwo litigation settlements (breach of contract and BIPA class action) indicate operational/legal compliance gaps
- 03MINORHigh royalty burden of 12% on acquired inventory PLUS $1,200/month minimum creates cash flow pressure on thin QSR margins
- 04MINOR10-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
What are you signing up for?
Ongoing fees run about 22.0% of sales (royalty + ad fund), before rent and labor.
Source: FDD 2026 · Items 11, 12, 17
FDD Items 12, 15, 17 · continued from Risk & Legal
Contract & Territory Detail
| Initial term | 10 years |
|---|---|
| Renewal term | 10 years |
| Allowed renewalsℹ | 1 |
| Territory type | protected |
| Protected territory | Yes |
| Exclusive territoryℹ | No |
| Territory radius | 1 mi |
| Online sales rightsℹ | Granted |
| Franchisor can compete | Yes |
| Hire a manager? | Allowed |
| Owner-operator | Required |
| Non-compete (years)ℹ | 3 years |
| Non-compete (miles)ℹ | 5 mi |
| Right of first refusalℹ | Yes |
| Transfer requires consent | Yes |
| Termination notice | 30 days |
| Termination groundsℹ | 27 |
| Curable defaultsℹ | 6 |
| Mandatory arbitration | Yes |
| Arbitration location | Southfield, Michigan |
| Jury trial waiver | No |
| Governing law | Michigan |
| Litigation count | 2 |
View Item 3 litigation summary
Two disclosed cases: (1) Gregory Joseph Fekin v. Members of Kentucky #3, LLC, et al. (Macomb County Circuit Court, 2021-001643-CB) - breach of contract claim re: promissory note, settled confidentially for $222,250, dismissed Dec 2022; (2) Robert McDonald v. Jet's America, Inc. (Cook County, IL, 2021 CH 00658) - putative class action alleging violations of Illinois Biometric Information Privacy Act (employee thumbprint timekeeping), settled for $9,500 total in 2022.
Items 10, 11
Training & Operations
- Classroom training
- 20 hrs
- On-the-job training
- 298 hrs
- Training location
- Affiliate locations in Michigan
- Ongoing training
- Required
- Field support
- 24 hrs/yr
- On-site visits per year
- Time to open
- 10 mo
- From signing to launch
- Site selection
- franchisee
- Franchisor financing
- Not offered
- Item 10
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 (2026) 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 $628K – $843K, 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 Item 19 in the Jet’s Pizza FDD?
The FDD section where a franchisor may disclose financial performance of its outlets. Disclosure is optional and formats vary; figures are typically gross sales, which is revenue before expenses, not profit. FranchiseVerdict extracts these figures directly from the Jet’s Pizza FDD and qualifies whose outlets they describe.
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 474 total units in the United States, including 413 franchised units and 61 company-owned units. 22 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 A-grade franchise with a verdict score of 76 out of 100 (higher is better), 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 Jet’s Pizza, you can request corrections or provide updated information.
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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.