Bottom line
- Total investment $202K – $555K including a $25K franchise fee, 4.0% ongoing royalty.
- Average unit revenue of $812K/year (median $838K).
- Rated STRONG with a risk score of 54/100. SBA loan default rate of 0.0% across 8 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 Westside Pizza unit return on the cash you put in?
Unlevered ROIC · per unit
27%
Below typical band (30–60%)
Levered LBO scenario · Yale Crease Capital framing
What would 25 Westside Pizza units return on equity?
Equity IRR · 5-yr
49.9%
7.57× MOIC
Year-1 DSCR
1.88×
EBITDA ÷ debt service
Equity required
$974K
on $4.9M purchase
Total debt
$3.9M
SBA $2.4M + senior + seller note
Overview
About
Westside Pizza franchisees operate quick-service pizza restaurants, managing daily food preparation, customer service, delivery logistics, and staff scheduling. They handle inventory management, local marketing, and POS systems while adhering to franchisor recipes, pricing guidelines, and operational standards. Revenue generation comes from dine-in, carry-out, and delivery sales channels.
Item 7 · what it costs
The Vitals
Item 19
Financial Performance
Item 20 · unit dynamics
The Growth Chart
Year-over-year franchised unit counts and net change. Source: FDD Item 20.
Item 20 · 23 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
Westside Pizza presents moderate-to-cautious risk: undisclosed profitability metrics, financial stability concerns flagged by going concern status, and below-market unit growth suggest franchisees should demand detailed validation from existing operators before committing $200k+.
Score breakdown · what drove the 54 / 100 rating
- 01MEDNet income not disclosed in FDD Item 19 — impossible to validate 811k revenue translates to actual profit
- 02HIGHGoing Concern = False suggests franchisor may have financial or operational stability issues
- 03MINORSlow unit growth at 6.7% YoY in QSR category where 10%+ is typical for healthy brands
- 04MINORWide investment range ($202k-$555k) indicates high variability in startup costs and unclear cost structure
- 05MED36-unit system is relatively small with limited scale economies and franchisor support resources
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
65 numbers
One-time purchase · CSV download · Validation questions included
FDD download
Westside Pizza · FDD (2023) PDF