FranchiseVerdict
Street Pizza logo
FV-02465·MODERATEExcellent81

Street Pizza

Formerly known as Grana

Food & Beverage - Full ServiceFranchising since 2026Website
Investment
$1.8M – $3.3M
96th pct Full Service
Avg revenue
57th pct Full Service
Royalty
5.0%
15th pct Full Service
Units
1
3rd pct Full Service
SBA default
0.0%
vs <3% typical

Bottom line

  • Total investment $1.8M – $3.3M including a $50K 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 67/100. SBA loan default rate of 0.0% across 169 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
GRNA Street Pizza Group LLC
Parent company
GRNA Franchise Group LLC
Incorporated in
Delaware
HQ
5525 N MacArthur Blvd, Suite 280, Irving, Texas 75038-2251
Auditor
CohnReznick
Audited financials

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 Street Pizza 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: generic
COGS
%
Labor
%
Rent / occupancy
%
Other operating
%
Total invested capital · what you actually put in
Initial investment
$
FDD Item 7: $1.8M–$3.3M
Working capital
$
FDD reports $75K–$100K

Unlevered ROIC · per unit

5%

Below typical band (30–60%)

0%30–60% Yale band80%

Store EBITDA · annual
$131K
EBITDA margin
17.5%
Total invested
$2.6M
Payback
241 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

Street Pizza franchisees operate casual quick-service or fast-casual pizza restaurants, likely featuring Neapolitan, New York-style, or artisanal wood-fired offerings. Day-to-day operations include food preparation, customer service, inventory management, compliance with brand standards, and payment of 5% royalties to the franchisor.

CEO
Andy Wenlock
Founded
2022
FDD year
2026
States available
1

Item 7 · what it costs

The Vitals

Total investment
$1.8M – $3.3M
All-in to open one unit
Liquid capital
$75K – $100K
Cash you must have on hand
Franchise fee
$50K
Royalty
5.0%
Restaurant Revenue · typical 6–8%
Ad fund
0.5%
typical 3–5%
Total fee load
5.5%
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
1
Opened
0
Last reporting year
Closed
0
Turnover rate
0.0%
Company-owned
1
Corporate units in the system
% franchised
0%
vs corporate-owned
2024
0±0
Franchised units
2025
0
Franchised units
2026
0
Franchised units

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

Item 20 · 4 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 · 4 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
169
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

67
Risk · 0-100
MODERATE67 / 100

Street Pizza is a virtually non-existent franchise system (1 unit) with unproven economics, no financial transparency, and franchisor going concern issues—unsuitable for capital-intensive pizza restaurant investment.

Score breakdown · what drove the 67 / 100 rating

  1. 01MINOROnly 1 unit in entire system indicates brand is pre-revenue/unproven with zero growth trajectory
  2. 02MEDNo Item 19 financial disclosure (avg revenue/net income not disclosed) prevents ROI validation and suggests franchisor may lack performance data to share
  3. 03HIGHGoing Concern = False indicates potential financial instability or structural issues at franchisor level
  4. 04MINORHigh capital requirement ($1.8M–$3.3M) combined with single-unit system creates severe liquidity/payback risk
  5. 05MED5% royalty on undisclosed revenue means franchisees cannot model break-even or forecast profitability
  6. 06MEDExtremely limited franchisee base (n=1) means no peer network, no validation data, and high probability of system collapse if that unit fails

Severity inferred from the FDD text · not a regulatory classification

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

Contract & Territory Detail

Territory
Designated Area
Protected territory
Yes
Initial term
10 years
Renewal term
5 years
Online sales rights
Restricted
Franchisor can compete
Yes
Hire a manager?
Allowed
Litigation count
0
Right of first refusal
Yes
Franchisor can buy back on resale
Mandatory arbitration
Yes
Jury trial waiver
Yes
Non-compete
2 yrs
Post-termination restriction
Owner-operator
Required
Governing law
Texas

Item 11

Training & Operations

Classroom training
48 hrs
On-the-job training
228 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

4 numbers

Locked
(360) 902-••••
WA
(804) 371-••••
VA
(701) 328-••••
ND

One-time purchase · CSV download · Validation questions included

FDD download

Street Pizza · FDD (2026) PDF

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