Pizza Boli'sFranchise Cost, Revenue & Review 2026
Data from FDD filing + SBA 7(a) records
FranchiseVerdict summary · 2026
A Pizza Boli's franchise requires a total initial investment of $156K – $459K, including a $24K franchise fee and an ongoing 5.0% royalty[2]. The 2024 FDD does not disclose unit-level revenue (no Item 19). Verdict grade: A. Run a live ROI scan →
Data last verified June 18, 2026 · figures per the 2024 FDD issuance
Overview
- Investment
- $156K – $459K
- 20th pct Service Resta…
- Avg gross sales
- N/A
- 59th pct Service Resta…
- Royalty
- 5.0%
- 13th pct Service Resta…
- Units
- 84
- 72nd 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
Franchising since 1997. Systems this mature have refined operations and brand recognition.
Bottom line
- Total investment $156K – $459K including a $24K franchise fee, 5.0% ongoing royalty.
- No Item 19 financial performance data disclosed. The franchisor chose not to publish revenue figures.
- Verdict A (Top Quintile) with a risk score of 50/100.
- 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
- Prosperity System, Inc.
- CEO title
- Director and President
- Javed (John) Nasir
- CEO experience
- 23 yrs
- Years in role or industry
- Incorporated in
- MD
- HQ
- 3 Greenwood Place, Suite 208, Pikesville, MD 21208
- Franchisor revenue
- $4.1M
- vs $4.2M prior year
Overview
About
Pizza Boli's franchisees operate quick-service pizza restaurants (primarily carryout/delivery model based on brand positioning) handling order fulfillment, inventory management, staffing, and local marketing. Day-to-day operations involve food preparation, customer service, delivery coordination, and compliance with corporate operational standards across a footprint of 84 locations.
- CEO
- Javed (John) Nasir
- Headquarters
- MD
- Founded
- 1997
- FDD year
- 2024
- States available
- 5
FDD Item 7 · 2024 filing · 12 line items
Initial investment breakdown
| Line item | Low | High | |
|---|---|---|---|
| Initial Franchise Fee | $24K | $24K | |
| Initial Trainingnot refundable | $0 | $29K | |
| Travel, Living Expenses While Trainingnot refundable | $2K | $3K | |
| Opening Inventory | $6K | $12K | |
| First Month's Rent and Deposit | $5K | $11K | |
| Equipment, Leasehold Improvementsnot refundable | $125K | $190K | |
| Point-of-Sale Computer Hardware, Software and Trainingnot refundable | $16K | $30K | |
| Liability Insurance Premiumsnot refundable | $4K | $6K | |
| Point-of-Sale System Support Feenot refundable | $900 | $5K | |
| Signsnot refundable | $5K | $20K | |
| Opening Marketing Fee | $0 | $39K | |
| Additional Funds - 3 monthsnot refundable | $30K | $90K | |
| Total initial investment | $218K | $459K |
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
- $156K – $459K
- Better than avg vs category
- Liquid capital req'd
- $20K – $90K
- Near category avg vs category
- Franchise fee
- $12K – $24K
- Better than avg vs category
- Royalty
- 5.0%
- flat_fee · typical 6–8%
- Ad fund
- 3.5%
- typical 3–5%
- Total fee load
- 8.5%
- vs 9–13% typical
Ongoing fees · Item 6
| Fee | Amount |
|---|---|
| Royalty | 5.0% of gross sales |
| Marketing / ad fund | 3.5% of gross sales |
| Technology fee | $5K |
| Training fee | $15K |
| Transfer fee | $24K |
| Renewal fee | $6K |
| Total fee load | 8.5% 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 Pizza Boli's Compares
Unit growth
Item 20 · unit dynamics
The Growth Chart
- Total units
- 84
- Opened
- 2
- Last reporting year
- Closed
- 2
- Terminated
- 1
- Franchisor ended the franchise (per Item 20)
- Non-renewed
- 0
- Term expired, not renewed (per Item 20)
- Turnover rate
- 2.4%
- Company-owned
- 0
- Corporate units in the system
- % franchised
- 100%
- vs corporate-owned
- Multi-unit owners
- 6.1%
- Net growth (yr3)
- +0.0%
- Net unit change last year
- 3-yr CAGR
- -1.2%
- Compounded over last 3 years
3-year detail · Item 20
- Transfers (3yr)
- 7
- Projected new
- 14
- Franchisor's next-year forecast
- Transfer rate
- 8.3%
- Owners selling to other franchisees
- Termination rate
- 1.2%
- Franchisor-initiated terminations
- Ceased ops
- 1.2%
- Units that stopped operating
Year-over-year franchised unit counts and net change. Source: FDD Item 20.
Item 20 · 11 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 loan disclosures. This brand has only 1 7(a) loan on file; statistical reliability is limited below 10 loans.
- Total loans
- 1
- Loan volume
- $90K
- Median loan
- $90K
- 50th percentile
- 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
- 1
- Defaults
- 0
Explore lender portfolios on Bank Reports or regional data on State Reports.
Premium insight
SBA Lending Report
Deep-dive into Pizza Boli's's SBA lending history: lender network, geographic footprint, interest rates, and more.
SBA Lending Report
- Principal loss rate and NAICS industry benchmark
- 1 lenders with concentration factor
- Per-state charge-off rates across 1 states
- Startup risk premium and job creation velocity
- 1-year lending trend
Instant access. No subscription.
Risk analysis
FranchiseVerdict rating + FDD Items 3, 5, 6, 12, 17
Risk & Legal
Pizza Boli's presents extreme risk due to going concern accounting status, active SEC/state investigations, recent consent orders, governance fraud, litigation pattern, zero financial disclosure, and unprotected territories—warranting avoidance pending resolution of all regulatory matters.
Litigation (Item 3)
Virginia Securities Division investigation into unregistered franchise offers; shareholder derivative suit Shah v. Nasir and Prosperity Systems, Inc. settled with settlement order entered August 8, 2024
Bankruptcy (Item 4)
None disclosed
Audited financials (Item 21)
No audited financials on file
Franchisor revenue (Item 21)
Franchisor entity revenue (not unit-level)
Supplier relationship · Items 8 & 16
- Franchisor sells you products: Yes
- 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 50 / 100 rating
- 01HIGHGoing concern status is FALSE — indicates potential financial distress or accounting irregularities at corporate level
- 02MINORActive regulatory investigation by Virginia Securities Division for unregistered franchise offers suggests systematic compliance failures
- 03MINORJuly 2024 Maryland Consent Order requiring rescission offers indicates recent, material securities violations and potential forced refunds to franchisees
- 04MINORSettled shareholder derivative suit alleging misappropriated funds by President demonstrates governance failures and potential misuse of franchisee capital
- 05MINORMultiple breach of contract lawsuits against former franchisees suggests either corporate non-performance or pattern of franchise terminations
- 06MEDZero financial transparency — no Item 19 (average unit volumes/net income) disclosed, preventing ROI validation
- 07MINORNo territory protection — franchisees compete directly with corporate and other franchisees in same market
- 08MINOR84 units with unknown growth trajectory — no disclosure of unit closures, transfers, or system contraction rate
- 09MINORWide investment range ($155,900–$458,950) suggests undefined costs and potential hidden expenses or upselling
- 10MINORRoyalty structure allows $4,800 fixed fee cap, potentially incentivizing corporate to under-report sales or shift franchisees to fixed fees
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 | 7 years |
|---|---|
| Renewal term | 7 years |
| Allowed renewalsℹ | 1 |
| Territory type | non_exclusive |
| Protected territory | No |
| Exclusive territoryℹ | No |
| Territory population | 5,000 |
| Online sales rights | Granted |
| Franchisor can compete | Yes |
| Hire a manager? | Allowed |
| Owner-operator | Required |
| Non-compete (years)ℹ | 1 year |
| Non-compete (miles)ℹ | 15 mi |
| Right of first refusalℹ | Yes |
| Transfer requires consent | Yes |
| Termination notice | 15 days |
| Mandatory arbitration | No |
| Jury trial waiver | Yes |
| Governing law | Maryland |
| Litigation count | 8 |
View Item 3 litigation summary
Virginia Securities Division investigation into unregistered franchise offers; shareholder derivative suit Shah v. Nasir and Prosperity Systems, Inc. settled with settlement order entered August 8, 2024
Items 10, 11
Training & Operations
- Classroom training
- 54 hrs
- On-the-job training
- 249 hrs
- Training location
- Baltimore/Washington, DC Area
- Ongoing training
- Required
- Field support
- 252 hrs/yr
- On-site visits per year
- POS system
- Foodtec Solutions, Inc.
- Operating tech stack
Items 5 & 11
Franchisor Support
Technology: Foodtec Solutions, Inc.
Item 20 · call current owners
Franchisee Contacts
88 owners to call
Name · phone · city · state. Extracted from FDD Item 20
FDD download
Pizza Boli's · FDD (2024) PDF
Frequently asked questions
Frequently Asked Questions
How much does it cost to open a Pizza Boli's franchise?
The total investment to open a Pizza Boli's franchise ranges from $156K – $459K, with an initial franchise fee of $24K. This includes real estate, equipment, inventory, and working capital as disclosed in their Franchise Disclosure Document (FDD).
What do Pizza Boli's franchise owners earn?
Pizza Boli's 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 Pizza Boli's's franchise failure rate?
SBA 7(a) loan charge-off data is not available for Pizza Boli's (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 Pizza Boli's franchise locations are there?
As of their most recent FDD filing, Pizza Boli's has 84 total units in the United States, including 84 franchised units and 0 company-owned units. 2 new units were opened in the latest reporting year.
Is Pizza Boli's a good franchise to buy?
FranchiseVerdict rates Pizza Boli's as a A-grade franchise with a risk score of 50 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.