Hangar 54 Pizza vs Icy-N-Spicy
Franchise Comparison 2026
Both Hangar 54 Pizza and Icy-N-Spicy are quick-service restaurants franchises. Hangar 54 Pizza requires an investment of $9K – $644K while Icy-N-Spicy requires $262K – $395K. Icy-N-Spicy discloses average revenue of $787K; Hangar 54 Pizza does not report Item 19 data. FranchiseVerdict rates Hangar 54 Pizza F (Bottom Quintile) and Icy-N-Spicy A (Top Quintile).
| Metric | Hangar 54 Pizza | Icy-N-Spicy |
|---|---|---|
| Verdict Grade | FBottom QuintileBottom Quintile | ATop QuintileTop Quintile |
| Investment Range | $9K – $644K | $262K – $395K |
| Franchise Fee | $0 | $38K |
| Royalty Rate | 0 | 5.5% |
| Average Revenue (Item 19) | N/A | $787K |
| SBA Charge-Off Rate | N/A | N/A |
| Total Units | 170 | 2 |
| Unit Growth (YoY) | N/A | N/A |
| Year Began Franchising | 2020 | 2020 |
| FDD Year | 2025 | 2025 |
Investment Range
$9K – $644K
$262K – $395K
Franchise Fee
$0
$38K
Royalty Rate
0
5.5%
Average Revenue (Item 19)
N/A
$787K
SBA Charge-Off Rate
N/A
N/A
Total Units
170
2
Unit Growth (YoY)
N/A
N/A
Year Began Franchising
2020
2020
FDD Year
2025
2025