FranchiseVerdict
Pizzeria Uno logo
FV-01976·MODERATEExcellent86

Pizzeria Uno

Formerly known as Uno Pizzeria & Grill

Food & Beverage - Full ServiceFranchising since 1989Website
Investment
$1.2M – $2.5M
90th pct Full Service
Avg revenue
$2.3M
46th pct Full Service
Royalty
Units
53
73rd pct Full Service
SBA default
0.0%
vs <3% typical

Bottom line

  • Total investment $1.2M – $2.5M including a $40K franchise fee.
  • Average unit revenue of $2.3M/year (median $2.1M).
  • Rated MODERATE with a risk score of 64/100. SBA loan default rate of 0.0% across 18 loans (below the industry average).
  • System contracting at -26.7% CAGR over 3 years. Investigate whether closures are franchisor-driven (consolidation) or franchisee-driven (economics).

Item 1 · who you're contracting with

The Franchisor

Legal entity
Pizzeria Uno Corporation
Parent company
Pizzeria Uno TopCo, LLC
Incorporated in
Delaware
HQ
44 Industrial Way, Norwood, Massachusetts 02062
Auditor
PBMares, LLP
Audited financials
Franchisor revenue
$9.3M
vs $7.9M 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 Pizzeria Uno unit return on the cash you put in?

Revenue · per unit, per year
$
FDD Item 19 reports $2,287,198
Franchisor take · royalty + ad fund
Royaltytyp 68%
%
Ad fundtyp 35%
%
Operating costs · category default: generic
COGS
%
Labor
%
Rent / occupancy
%
Other operating
%
Total invested capital · what you actually put in
Initial investment
$
FDD Item 7: $1.2M–$2.5M
Working capital
$
FDD reports $125K–$200K

Unlevered ROIC · per unit

18%

Below typical band (30–60%)

0%30–60% Yale band80%

Store EBITDA · annual
$366K
EBITDA margin
16.0%
Total invested
$2.0M
Payback
66 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.

Levered LBO scenario · Yale Crease Capital framing

What would 25 Pizzeria Uno units return on equity?

Edit assumptions

Equity IRR · 5-yr

29.2%

3.59× MOIC

Year-1 DSCR

2.77×

EBITDA ÷ debt service

Equity required

$9.4M

on $20.6M purchase

Total debt

$11.2M

SBA $5.0M + senior + seller note

SBA 7(a) request ($10.3M) exceeds the $5M program cap. Excess capped automatically; backfill via conventional or equity.

Overview

About

Franchisees operate casual-dining pizzeria restaurants serving pizza, Italian-American cuisine, and beverages. Day-to-day responsibilities include managing front-of-house and kitchen operations, staffing, food cost management, inventory control, and customer service across full-service and takeout/delivery channels.

CEO
Chuck Buttiglieri
Founded
1989
FDD year
2025
States available
14

Item 7 · what it costs

The Vitals

Total investment
$1.2M – $2.5M
All-in to open one unit
Liquid capital
$125K – $200K
Cash you must have on hand
Franchise fee
$40K
Royalty
the greater of 5% of Gross Sales or a minimum per month
Ad fund
1.0%
typical 3–5%
Total fee load
6.0%
vs 9–13% typical

Item 19

Financial Performance

Avg gross sales
$2.3M
Per unit, per year
Median gross sales
$2.1M
Item 19 type
Average and Median Sales for Parent-Owned and Franchised Outlets
Sample size
50 units
vs category median 15 · large
Range (low → high)
$1.3M$4.7M
Cohort dispersion
Transparency
7 / 5
vs category median 4 / 5 · above
Revenue rank46th
vs Food & Beverage - Full Service peers
Investment cost rank90th
Lower investment ranks lower (better)
Royalty rate rank93th
Lower royalty = lower percentile (better)
Unit count rank73th
vs Food & Beverage - Full Service peers
Risk score rank59th
Lower risk = lower percentile (better)

Item 20 · unit dynamics

The Growth Chart

Total units
53
Opened
1
Last reporting year
Closed
11
Turnover rate
20.8%
Company-owned
20
Corporate units in the system
% franchised
62%
vs corporate-owned
Net growth (yr3)
-23.3%
Net unit change last year
3-yr CAGR
-26.7%
Compounded over last 3 years
2023
33-20
Franchised units
2024
43
Franchised units
2025
45
Franchised units

Year-over-year franchised unit counts and net change. Source: FDD Item 20.

Item 20 · 16 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).

AK
ME
VT
NH
MA
RI
CT
NY
NJ
PA
DE
MD
DC
WA
OR
CA
NV
ID
MT
WY
UT
CO
AZ
NM
ND
SD
NE
KS
OK
TX
MN
IA
MO
AR
LA
WI
IL
MS
TN
MI
IN
KY
AL
OH
WV
GA
VA
NC
SC
FL
HI
Registered · 16 states
Not registered

States derived from franchisee phone area codes (Item 20). Approximate — ported numbers may show the original state, not the franchisee's current location.

Government records

SBA Loan Data

Aggregated from SBA 7(a) loan disclosures, public data unique to FranchiseVerdict.

Total loans
18
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

64
Risk · 0-100
MODERATE64 / 100

Pizzeria Uno is a contracting franchise system with opaque profitability, high capital requirements, and no territory protection — indicating elevated risk of unit closures and franchisee failure.

Score breakdown · what drove the 64 / 100 rating

  1. 01MEDSevere unit decline of 23.3% YoY (from ~69 to 53 units) indicates systemic franchisee distress or brand deterioration
  2. 02MEDNet income not disclosed in FDD Item 19 — cannot assess actual profitability despite $2.3M average revenue
  3. 03MINORHigh initial investment ($1.2M–$2.5M) paired with declining unit count creates severe recoupment risk
  4. 04MINORNo protected territory means franchisees compete with each other and company-owned locations
  5. 05MINORMinimum monthly royalty (amount unspecified) plus 5% of gross sales creates fixed cost burden during revenue downturns
  6. 06MED10-year term locks franchisee into contract while system contracts; limited exit flexibility

Severity inferred from the FDD text · not a regulatory classification

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

Contract & Territory Detail

Territory
Radius
Protected territory
No
Initial term
10 years
Renewal term
10 years
Online sales rights
Granted
Franchisor can compete
Yes
Hire a manager?
Allowed
Litigation count
0
Right of first refusal
Yes
Franchisor can buy back on resale
Mandatory arbitration
No
Jury trial waiver
Yes
Non-compete
1 yrs
Post-termination restriction
Owner-operator
Required
Governing law
Massachusetts

Item 11

Training & Operations

Classroom training
6 hrs
On-the-job training
200 hrs
POS system
Toast
Operating tech stack

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

23 numbers

Locked
(732) 662-••••
NY
(561) 472-••••
FL
(804) 371-••••
VA

One-time purchase · CSV download · Validation questions included

FDD download

Pizzeria Uno · FDD (2025) PDF

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