Slice House By Tony Gemignani
Bottom line
- Total investment $455K – $1.2M including a $35K franchise fee, 5.0% ongoing royalty.
- No Item 19 financial performance data disclosed — the franchisor chose not to publish revenue figures.
- Rated MODERATE with a risk score of 59/100. SBA loan default rate of 0.0% across 4 loans (below the industry average).
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 SLICE HOUSE BY TONY GEMIGNANI unit return on the cash you put in?
Unlevered ROIC · per unit
11%
Below typical band (30–60%)
Overview
About
Franchisees operate Neapolitan-style pizza restaurants under the Slice House by Tony Gemignani brand, featuring wood-fired ovens and artisanal pizzas crafted by renowned pizzaiolo Tony Gemignani. Daily operations include managing front-of-house service, kitchen production, inventory, and staff while maintaining brand standards across a QSR/casual dining format.
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 20 · 17 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 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.
FranchiseVerdict rating + FDD Items 3, 5, 6, 12, 17
Risk & Legal
Early-stage pizza franchise with aggressive growth, regulatory violations by affiliates, and opaque financial disclosures that prevent independent ROI validation.
Score breakdown · what drove the 59 / 100 rating
- 01MINORNo average revenue disclosure (Item 19) despite disclosing average net income of $570,542 — unusual and opaque financial reporting
- 02MINOR2022 DPFI consent order for illegal license sales (2016-2021) involving affiliate entities suggests regulatory compliance issues and potential reputational risk
- 03MINORHigh initial investment range ($455K-$1.2M) with no Item 19 revenue data makes ROI calculation impossible for prospective franchisees
- 04MINORRapid unit growth of 175% YoY from small base (12 units) suggests early-stage system vulnerability and unproven scalability
- 05HIGHGoing Concern flag is FALSE but system is only 12 units — limited operating history and track record for franchisees to evaluate
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
27 numbers
One-time purchase · CSV download · Validation questions included
FDD download
SLICE HOUSE BY TONY GEMIGNANI · FDD (2025) PDF