Just Pizza & Wing Co.Franchise Cost, Revenue & Review 2026
Data from FDD filing + SBA 7(a) records
FranchiseVerdict summary · 2026
A JUST PIZZA & WING CO. franchise requires a total initial investment of $253K – $393K, including a $25K franchise fee and an ongoing 4.0% royalty[2]. 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
- $253K – $393K
- 46th pct Service Resta…
- Avg gross sales
- N/A
- 59th pct Service Resta…
- Royalty
- 4.0%
- 3rd pct Service Resta…
- Units
- 10
- 35th 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
Franchised units fell from 11 to 10 over 3 years. Investigate why operators are leaving.
Bottom line
- Total investment $253K – $393K including a $25K franchise fee, 4.0% ongoing royalty.
- No Item 19 financial performance data disclosed. The franchisor chose not to publish revenue figures.
- Verdict F (Bottom Quintile) with a risk score of 83/100.
- 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
- Legal entity
- JUST PIZZA FRANCHISE SYSTEMS, INC.
- Incorporated in
- NY
- HQ
- 803 Military Road, Kenmore, NY 14217
- Auditor
- SBFR Partners LLP
- Audited financials
- Franchisor revenue
- $239K
- vs $278K prior year
Overview
About
Franchisees operate quick-service pizza and wing restaurants, managing food preparation, order fulfillment, customer service, and daily P&L in a compact footprint. Day-to-day responsibilities include inventory management, staff scheduling, quality control, and local marketing within their protected territory.
- CEO
- Rudolph Alloy, Jr.
- Headquarters
- NY
- Founded
- 2003
- FDD year
- 2025
- States available
- 1
FDD Item 7 · 2025 filing
Initial investment breakdown
| Cost component | Low | High |
|---|---|---|
| Initial franchise fee | $25K | $25K |
| Working capital (3–6 mo) | $5K | $15K |
| Equipment, build-out, other | $223K | $353K |
| Total initial investment | $253K | $393K |
Source: JUST PIZZA & WING CO. 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
- $253K – $393K
- Near category avg vs category
- Liquid capital req'd
- $5K – $15K
- Better than avg vs category
- Franchise fee
- $25K – $25K
- Better than avg vs category
- Royalty
- 4.0%
- Gross Sales · typical 6–8%
- Ad fund
- 3.0%
- typical 3–5%
- Total fee load
- 7.0%
- vs 9–13% typical
Ongoing fees · Item 6
| Fee | Amount |
|---|---|
| Royalty | 4.0% of gross sales |
| Marketing / ad fund | 3.0% of gross sales |
| Transfer fee | $25K |
| Renewal fee | $2K |
| Total fee load | 7.0% of rev |
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 Just Pizza & Wing Co. Compares
Unit growth
Item 20 · unit dynamics
The Growth Chart
- Total units
- 10
- Opened
- 0
- Last reporting year
- Closed
- 1
- Terminated
- 1
- Franchisor ended the franchise (per Item 20)
- Turnover rate
- 10.0%
- Company-owned
- 0
- Corporate units in the system
- % franchised
- 100%
- vs corporate-owned
- Net growth (yr3)
- -9.1%
- Net unit change last year
- 3-yr CAGR
- -9.1%
- Compounded over last 3 years
3-year detail · Item 20
- Transfers (3yr)
- 1
- Continuity rate
- 90.9%
- Units that stayed open
- Termination rate
- 10.0%
- Franchisor-initiated terminations
Year-over-year franchised unit counts and net change. Source: FDD Item 20.
Item 12 · 1 state reported
The Territory Map
FDD Item 12 reports the state count, but the specific list isn't in our current data. The map will appear once we re-extract from the FDD or enough franchisee contacts are available.
1
states with franchisees (per FDD Item 12)
SBA loan performance
Government records
SBA Loan Data
Aggregated from SBA loan disclosures. This brand has only 2 7(a) loans on file; statistical reliability is limited below 10 loans.
- Total loans
- 2
- 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
A contracting 10-unit pizza/wing system with going concern questions, zero financial disclosure, and no demonstrable franchisee profitability creates severe investment risk despite a modest royalty rate.
Litigation (Item 3)
No litigation required to be disclosed
Bankruptcy (Item 4)
None disclosed
Audited financials (Item 21)
Yes · SBFR Partners LLP
Franchisor revenue (Item 21)
Franchisor entity revenue (not unit-level)
Score breakdown · what drove the 83 / 100 rating
- 01MEDSystem contracting sharply: 10 units with -9.1% YoY decline indicates shrinking franchise network
- 02HIGHGoing concern status is FALSE: Franchisor may have financial viability issues or operational instability
- 03MEDNo financial transparency: Average revenue and net income not disclosed in FDD Item 19, preventing ROI validation
- 04MEDHigh initial investment ($252k-$393k) with no disclosed profitability benchmarks creates unquantifiable risk
- 05MINORExtremely small unit count (10 locations) suggests brand lacks scale, market presence, and system maturity
- 06MED4% royalty on undisclosed sales makes it impossible to model franchisor support sustainability
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 |
| Online sales rights | Granted |
| Franchisor can compete | Yes |
| Hire a manager? | Allowed |
| Owner-operator | Optional |
| Non-compete (years)ℹ | 2 years |
| Right of first refusalℹ | Yes |
| Termination notice | 10 days |
| Mandatory arbitration | No |
| Governing law | New York |
| Litigation count | 0 |
View Item 3 litigation summary
No litigation required to be disclosed
Items 10, 11
Training & Operations
- Classroom training
- 15 hrs
- On-the-job training
- 90 hrs
- Training location
- 300 Elmwood Ave., Buffalo, New York
- Field support
- 76 hrs/yr
- On-site visits per year
- POS system
- Toast System
- Operating tech stack
Items 5 & 11
Franchisor Support
Technology: Toast System
Item 20 · call current owners
Franchisee Contacts
10 owners to call
Name · phone · city · state. Extracted from FDD Item 20
FDD download
JUST PIZZA & WING CO. · FDD (2025) PDF
Frequently asked questions
Frequently Asked Questions
How much does it cost to open a JUST PIZZA & WING CO. franchise?
The total investment to open a JUST PIZZA & WING CO. franchise ranges from $253K – $393K, with an initial franchise fee of $25K. This includes real estate, equipment, inventory, and working capital as disclosed in their Franchise Disclosure Document (FDD).
What do JUST PIZZA & WING CO. franchise owners earn?
JUST PIZZA & WING CO. 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 JUST PIZZA & WING CO.'s franchise failure rate?
SBA 7(a) loan charge-off data is not available for JUST PIZZA & WING CO. (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 JUST PIZZA & WING CO. franchise locations are there?
As of their most recent FDD filing, JUST PIZZA & WING CO. has 10 total units in the United States, including 11 franchised units and 0 company-owned units.
Is JUST PIZZA & WING CO. a good franchise to buy?
FranchiseVerdict rates JUST PIZZA & WING CO. as a F-grade franchise with a risk score of 83 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
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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.