Your PieFranchise Cost, Revenue & Review 2026
Data from FDD filing + SBA 7(a) records
FranchiseVerdict summary · 2026
A Your Pie franchise requires a total initial investment of $411K – $1.2M, including a $35K franchise fee and an ongoing 5.0% royalty[2]. Per the 2025 FDD, average unit revenue was $878K[2]. SBA 7(a) loans show a 15.4% charge-off rate across 46 loans[1]. Verdict grade: D. Run a live ROI scan →
Data last verified June 18, 2026 · figures per the 2025 FDD issuance
Overview
- Investment
- $411K – $1.2M
- 28th pct Service Resta…
- Avg gross sales
- $878K
- 7th pct Service Resta…
- Royalty
- 5.0%
- 7th pct Service Resta…
- Units
- 61
- 38th pct Service Resta…
- SBA default
- 15.4%
- system-wide median varies by category
Quick verdict · Full-Service Restaurants · color = vs category peers
Green = >15% above Full-Service Restaurants avg · No shading = within ±15% · Red = >15% below avg · Source: FDD filings + SBA 7(a)
Data from public FDD filings and SBA records. Not financial advice. Methodology
The system contracted 9% year-over-year. Investigate why units are closing.
Bottom line
- Total investment $411K – $1.2M including a $35K franchise fee, 5.0% ongoing royalty.
- Average unit revenue of $878K/year (median $821K).
- Verdict D (Below Average) with a risk score of 75/100. SBA loan charge-off rate of 15.4% across 46 loans (above the 16% franchise average, based on all SBA 7(a) franchise lending, 2010–2024).
- 7 units terminated last reporting year (11.5% of the system). Ask existing franchisees why.
Item 1 · who you're contracting with
The Franchisor
- Legal entity
- Your Pie Franchising, LLC
- CEO title
- Director and President
- Kenneth B. Caldwell
- CEO experience
- 2013 yrs
- Years in role or industry
- Founder active
- Yes
- Original founder still leading the business
- Incorporated in
- GA
- HQ
- 13010 Morris Road, Suite 100, Alpharetta, Georgia 30004
- Auditor
- Symphona LLP
- Audited financials
- Franchisor revenue
- $5.8M
- vs $4.9M prior year
- Management churn noted
- Frequent turnover
- Item 2 disclosed frequent executive changes
Overview
About
Your Pie franchisees operate fast-casual pizza restaurants featuring wood-fired or high-speed ovens and customizable pies. Day-to-day operations include managing a small kitchen team, handling customer orders (dine-in, pickup, delivery), inventory management, and maintaining consistent product quality across a limited menu.
- CEO
- Kenneth B. Caldwell
- Headquarters
- GA
- Founded
- 2010
- FDD year
- 2025
- States available
- 13
FDD Item 7 · 2025 filing
Initial investment breakdown
| Cost component | Low | High |
|---|---|---|
| Initial franchise fee | $35K | $35K |
| Working capital (3–6 mo) | $10K | $50K |
| Equipment, build-out, other | $366K | $1.1M |
| Total initial investment | $411K | $1.2M |
Source: Your Pie 2025 FDD, Items 5 and 7[2]. “Equipment, build-out, other” is computed as total minus disclosed line items above.
Single-unit · estimated
Returns at a glance
Indicative numbers using FDD Item 7 / Item 19 inputs and category-benchmarked cost ratios. Full single-unit, 25-unit portfolio, and LBO models (with every input editable to stress-test your own scenario) live on the financials page.
Store EBITDA · annual
$97K
11.0% margin
Unlevered ROIC
11%
EBITDA / total invested capital
Payback
8.7 yrs
cash-on-cash, unlevered
Item 7 · what it costs to open + operate
The Vitals
- Total investment
- $411K – $1.2M
- Better than avg vs category
- Liquid capital req'd
- $10K – $50K
- Better than avg vs category
- Franchise fee
- $25K – $35K
- Better than avg vs category
- Royalty
- 5.0%
- percentage_of_gross · typical 6–8%
- Ad fund
- 2.0%
- typical 3–5%
- Total fee load
- 7.0%
- vs 9–13% typical
Ongoing fees · Item 6
| Fee | Amount |
|---|---|
| Royalty | 5.0% of gross sales |
| Marketing / ad fund | 2.0% of gross sales |
| Transfer fee | $10K |
| Renewal fee | $10K |
| Total fee load | 7.0% of rev |
Financial Performance
- Avg gross sales
- $878K
- Per unit, per year
- Median gross sales
- $821K
- Item 19 type
- gross_sales
- Sample size
- 55 units
- vs category median 13 · large
- Range (low → high)
- $279K→$1.5M
- Cohort dispersion (min → max)
- Quartile band
- $548K→$1.3M
- Bottom 25% → top 25%
- Transparency
- 4 / 5
- vs category median 4 / 5 · typical
Compared against 1264 Full-Service Restaurants brands
vs Full-Service Restaurants averages
How Your Pie Compares
Unit growth
Item 20 · unit dynamics
The Growth Chart
- Total units
- 61
- Opened
- 1
- Last reporting year
- Closed
- 7
- Terminated
- 7
- Franchisor ended the franchise (per Item 20)
- Non-renewed
- 0
- Term expired, not renewed (per Item 20)
- Turnover rate
- 11.5%
- Company-owned
- 1
- Corporate units in the system
- % franchised
- 98%
- vs corporate-owned
- Net growth (yr3)
- -9.1%
- Net unit change last year
- 3-yr CAGR
- -14.3%
- Compounded over last 3 years
3-year detail · Item 20
- Transfers (3yr)
- 7
- Projected new
- 7
- Franchisor's next-year forecast
- Transfer rate
- 11.5%
- Owners selling to other franchisees
- Termination rate
- 11.5%
- Franchisor-initiated terminations
- Ceased ops
- 11.5%
- Units that stopped operating
Year-over-year franchised unit counts and net change. Source: FDD Item 20.
Item 20 · 11 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 contact records (FDD Item 20). Shows states with at least one current operator on file. Full state registration data (Item 12) will appear on a future FDD refresh.
SBA loan performance
Government records
SBA Loan Data
Aggregated from SBA 7(a) and 504 loan disclosures, public data unique to FranchiseVerdict.
- Total loans
- 46
- Loan volume
- $19.6M
- Median loan
- $456K
- 50th percentile
- Charge-off rate
- 15.4%
- rates vary by category · see methodology
Historical SBA 7(a) lending data, not predictive of future performance. How SBA charge-off rates are calculated
- Repayment rate (PIF)
- 84.6%
- 5-yr charge-off
- 11.1%
- Loans approved 2021+
- Active lenders
- 17
- Defaults
- 4
Vintage analysis
Your Pie charge-off rate by loan vintage
Explore lender portfolios on Bank Reports or regional data on State Reports.
Premium insight
SBA Lending Report
Deep-dive into Your Pie's SBA lending history: lender network, geographic footprint, interest rates, and more.
SBA Lending Report
- Principal loss rate and NAICS industry benchmark
- 10 lenders with concentration factor
- Per-state charge-off rates across 13 states
- Startup risk premium and job creation velocity
- 9-year lending trend
Instant access. No subscription.
Risk analysis
FranchiseVerdict rating + FDD Items 3, 5, 6, 12, 17
Risk & Legal
Your Pie shows meaningful contraction signals with declining unit count, undisclosed profitability metrics, and a high investment-to-revenue ratio that warrants deep validation before commitment.
Litigation (Item 3)
No litigation required to be disclosed
Bankruptcy (Item 4)
None disclosed
Audited financials (Item 21)
Yes · Symphona LLP
Franchisor revenue (Item 21)
Franchisor entity revenue (not unit-level)
Supplier relationship · Items 8 & 16
- Franchisor sells you products: Yes
- Kickbacks from required suppliers: No
- Must buy proprietary products: Yes
- Restricted to system-approved products: Yes
- Can negotiate own supplier terms: No
Score breakdown · what drove the 75 / 100 rating
- 01MINORUnit count declining 9.1% YoY (61 units) suggests system contraction and potential franchisee struggles
- 02MEDNet income not disclosed in Item 19 — cannot assess actual profitability or ROI on $410K-$1.2M investment
- 03MINORHigh investment range ($804K spread) with only $877K average revenue creates unfavorable payback scenarios
- 04MED5% royalty + typical occupancy/labor costs may leave thin margins given disclosed average revenue
- 05MINOR10-year term is long for unproven unit economics in a contracting system
Severity inferred from the FDD text · not a regulatory classification
FDD Items 5, 6, 12, 17 · continued from Risk & Legal
Contract & Territory Detail
| Initial term | 10 years |
|---|---|
| Renewal term | 5 years |
| Allowed renewalsℹ | 2 |
| Territory type | Radius |
| Protected territory | Yes |
| Exclusive territoryℹ | No |
| Online sales rights | Restricted |
| Franchisor can compete | Yes |
| Hire a manager? | Allowed |
| Owner-operator | Required |
| Non-compete (years)ℹ | 1 year |
| Non-compete (miles)ℹ | 25 mi |
| Right of first refusalℹ | Yes |
| Transfer requires consent | Yes |
| Termination notice | 30 days |
| Mandatory arbitration | Yes |
| Arbitration location | Atlanta, Georgia |
| Jury trial waiver | Yes |
| Governing law | Georgia |
| Litigation count | 0 |
View Item 3 litigation summary
No litigation required to be disclosed
Items 10, 11
Training & Operations
- Classroom training
- 32 hrs
- On-the-job training
- 112 hrs
- Training location
- On-site and corporate
Items 5 & 11
Franchisor Support
Item 20 · call current owners
Franchisee Contacts
24 owners to call
Name · phone · city · state. Extracted from FDD Item 20
FDD download
Your Pie · FDD (2025) PDF
Frequently asked questions
Frequently Asked Questions
How much does it cost to open a Your Pie franchise?
The total investment to open a Your Pie franchise ranges from $411K – $1.2M, with an initial franchise fee of $35K. This includes real estate, equipment, inventory, and working capital as disclosed in their Franchise Disclosure Document (FDD).
What do Your Pie franchise owners earn?
According to Item 19 of the Your Pie FDD, the average gross sales per unit is $878K. The median is $821K. Note: this is gross revenue, not profit. Actual owner earnings vary based on location, operating costs, and management.
What is Your Pie's franchise failure rate?
Based on SBA 7(a) loan data, Your Pie has a charge-off rate of 15.4% across 46 loans, meaning 15.4% of franchise loans were charged off. Charge-off rates are one proxy for franchise risk, though they do not capture all closures. This data comes from FOIA-sourced SBA lending records.
How many Your Pie franchise locations are there?
As of their most recent FDD filing, Your Pie has 61 total units in the United States, including 60 franchised units and 1 company-owned units. 1 new units were opened in the latest reporting year.
Is Your Pie a good franchise to buy?
FranchiseVerdict rates Your Pie as a D-grade franchise with a risk score of 75 out of 100, based on our analysis of investment costs, revenue data, SBA loan performance, and growth trends. Our rating is based solely on publicly available FDD and government data; we recommend speaking with current franchisees before making any investment decision. This is not investment advice.
Data sourced from public FDD filings and SBA 7(a) FOIA records. Not financial advice.
For franchisors
Are you the franchisor?
If you represent Your Pie, you can request corrections or provide updated information.
Claim this brandOther Full-Service Restaurants franchises
Compare similar franchise opportunities in the Full-Service Restaurants category
Data extracted from public FDD filings and SBA 7(a) loan disclosures (FOIA). This information is provided for research purposes only and does not constitute financial, legal, or investment advice. Verify all figures with the franchisor's current Franchise Disclosure Document before making any investment decision.