Patsy’s Pizzeria
Bottom line
- Total investment $399K – $766K including a $75K franchise fee, 6.0% ongoing royalty.
- No Item 19 financial performance data disclosed — the franchisor chose not to publish revenue figures.
- Rated CAUTION with a risk score of 74/100.
- 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
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 Patsy’s Pizzeria unit return on the cash you put in?
Unlevered ROIC · per unit
18%
Below typical band (30–60%)
Overview
About
Franchisees operate independent Patsy's-branded pizzeria locations, handling day-to-day management of food preparation, customer service, inventory, and staff scheduling. They pay 6% of gross revenues as ongoing royalties while utilizing the Patsy's brand name, recipes, and operational systems within their protected territory. Revenue generation depends entirely on local foot traffic and market execution given corporate's failure to disclose system-wide financial performance benchmarks.
Item 7 · what it costs
The Vitals
Item 19
Financial Performance
This franchisor did not disclose financial performance representations in Item 19, or our extractor could not parse them.
Item 20 · unit dynamics
The Growth Chart
Year-over-year franchised unit counts and net change. Source: FDD Item 20.
Item 12 · 2 states 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.
2
states with franchisees (per FDD Item 12)
Government records
SBA Loan Data
Aggregated from SBA 7(a) loan disclosures, public data unique to FranchiseVerdict.
No SBA loan data available for this brand.
FranchiseVerdict rating + FDD Items 3, 5, 6, 12, 17
Risk & Legal
Patsy's Pizzeria presents HIGH RISK due to shrinking franchise network, undisclosed financials, active trademark litigation, corporate going concern issues, and leadership credibility concerns that substantially impair franchisee ROI visibility and brand viability.
Score breakdown · what drove the 74 / 100 rating
- 01MINORDeclining unit count (-9.1% YoY) indicates system contraction and potential franchisee dissatisfaction
- 02HIGHGoing concern status is FALSE, suggesting potential financial instability or viability questions at corporate level
- 03MINORTwo active trademark infringement cases create legal/operational uncertainty and brand protection risk
- 04HIGHCriminal conviction of President (1977, armed robbery) raises governance and credibility concerns
- 05MEDNo disclosed average revenue or net income (missing Item 19 data) prevents ROI validation and financial transparency
- 06MINORHigh investment range ($399K-$765K) combined with 6% royalty creates significant ongoing cost burden with no proven returns
- 07MED11-unit system is extremely small with limited support infrastructure and economy of scale
Severity inferred from the FDD text · not a regulatory classification
FDD Items 5, 6, 12, 17 · continued from Risk & Legal
Contract & Territory Detail
Item 11
Training & Operations
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
11 numbers
One-time purchase · CSV download · Validation questions included
FDD download
Patsy’s Pizzeria · FDD (2025) PDF