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FranchiseVerdict

Papa Ray's Pizza & Wings vs Blimpie

Franchise Comparison 2026

Both Papa Ray's Pizza & Wings and Blimpie are full-service restaurants franchises. Papa Ray's Pizza & Wings requires an investment of $214K – $464K while Blimpie requires $90K – $589K. Blimpie has SBA lending data on file with a 30.0% charge-off rate. FranchiseVerdict rates Papa Ray's Pizza & Wings F (Bottom Quintile) and Blimpie D (Below Average).

Investment Range
$214K – $464K
$90K – $589K
Franchise Fee
$30K
$18K
Royalty Rate
5.0%
6.0%
Average Revenue (Item 19)
N/A
N/A
SBA Charge-Off Rate
Limited data
30.0% (659 loans)
Total Units
5
101
Unit Growth (YoY)
N/A
N/A
Year Began Franchising
2013
1977
FDD Year
2025
2025