FranchiseVerdict
FV-01970·CAUTIONStandard76

Pizza Pit

Food & Beverage - PizzaFranchising since 2000
Investment
$244K – $481K
44th pct Pizza
Avg revenue
46th pct Pizza
Royalty
4.3%
17th pct Pizza
Units
8
15th pct Pizza
SBA default
0.0%
vs <3% typical

Bottom line

  • Total investment $244K – $481K including a $25K franchise fee, 4.3% ongoing royalty.
  • No Item 19 financial performance data disclosed — the franchisor chose not to publish revenue figures.
  • Rated CAUTION with a risk score of 72/100. SBA loan default rate of 0.0% across 9 loans (below the industry average).
  • 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
SB Acquisition, LLC
Incorporated in
Wisconsin
HQ
5706 US Highway 51, McFarland, WI 53558
Auditor
Metwally CPA PLLC
Audited financials
Franchisor revenue
$351K
vs $395K prior year

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 Pizza Pit unit return on the cash you put in?

Revenue · per unit, per year
$
Item 19 not disclosed — typing your own estimate
Franchisor take · royalty + ad fund
Royaltytyp 68%
%
Ad fundtyp 35%
%
Operating costs · category default: restaurant
COGS
%
Labor
%
Rent / occupancy
%
Other operating
%
Total invested capital · what you actually put in
Initial investment
$
FDD Item 7: $244K–$481K
Working capital
$
FDD reports $51K–$51K

Unlevered ROIC · per unit

23%

Below typical band (30–60%)

0%30–60% Yale band80%

Store EBITDA · annual
$96K
EBITDA margin
12.8%
Total invested
$413K
Payback
52 mo
Unit-level only. A multi-unit portfolio gives up roughly 5–15% of this to shared services (corporate G&A) before reaching the ~10-unit break-even Yale describes.

Overview

About

Franchisees operate quick-service pizza restaurants, managing daily food preparation, customer service, delivery/carryout operations, and staff scheduling. Day-to-day involves inventory management, food cost control, marketing execution, and maintaining brand standards across a protected territory.

CEO
Robert Bisbee
Founded
2000
FDD year
2026
States available
2

Item 7 · what it costs

The Vitals

Total investment
$244K – $481K
All-in to open one unit
Liquid capital
$51K – $51K
Cash you must have on hand
Franchise fee
$25K
Royalty
4.3%
Gross Sales · typical 6–8%
Ad fund
1.0%
typical 3–5%
Total fee load
5.3%
vs 9–13% typical

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

Total units
8
Opened
0
Last reporting year
Closed
1
Turnover rate
12.5%
Company-owned
0
Corporate units in the system
% franchised
100%
vs corporate-owned
Net growth (yr3)
-11.1%
Net unit change last year
3-yr CAGR
+14.3%
Compounded over last 3 years
2024
8-1
Franchised units
2025
9
Franchised units
2026
7
Franchised units

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.

Total loans
9
Loan volume
Avg loan
Default rate
0.0%
vs <3% typical · system-wide
5-yr default

FranchiseVerdict rating + FDD Items 3, 5, 6, 12, 17

Risk & Legal

72
Risk · 0-100
CAUTION72 / 100

A contracting pizza franchise with hidden financials, questionable franchisor stability, and a shrinking unit base raises serious viability and return concerns.

Score breakdown · what drove the 72 / 100 rating

  1. 01MEDSystem contracting sharply: 8 units with 11.1% YoY decline signals franchisee exits and weak demand
  2. 02MINORNo financial disclosure (Item 19): Revenue and net income hidden—impossible to validate ROI claims or unit economics
  3. 03HIGHGoing concern status is FALSE: Franchisor may face operational or financial instability
  4. 04MINORMinimal franchise fee ($25k) combined with high investment cap ($480k+) suggests thin margins and high unit costs
  5. 05MINORDeclining unit count in pizza category indicates intense competition; unable to retain or attract franchisees

Severity inferred from the FDD text · not a regulatory classification

FDD Items 5, 6, 12, 17 · continued from Risk & Legal

Contract & Territory Detail

Territory
boundaries
Protected territory
Yes
Initial term
10 years
Renewal term
10 years
Franchisor can compete
No
Hire a manager?
Not allowed
Litigation count
0
Right of first refusal
Yes
Franchisor can buy back on resale
Mandatory arbitration
Yes
Non-compete
2 yrs
Post-termination restriction
Owner-operator
Required
Governing law
Wisconsin

Item 11

Training & Operations

Classroom training
99 hrs
On-the-job training
165 hrs

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

8 numbers

Locked
(608) 580-••••
WI
(920) 648-••••
WI
(608) 223-••••
WI

One-time purchase · CSV download · Validation questions included

FDD download

Pizza Pit · FDD (2026) PDF

Single-page checkout · instant download · CSV export of contacts available separately above