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FranchiseVerdict

Phở Hòa vs Manhattan Pizza

Franchise Comparison 2026

Both Phở Hòa and Manhattan Pizza are full-service restaurants franchises. Phở Hòa requires an investment of $391K – $759K while Manhattan Pizza requires $401K – $758K. Manhattan Pizza discloses average revenue of $1.6M; Phở Hòa makes no financial performance representation in its Item 19, which is voluntary under the FTC Franchise Rule. FranchiseVerdict rates Phở Hòa D (Below average) and Manhattan Pizza C (Average).

Investment Range
$391K – $759K
$401K – $758K
Franchise Fee
$30K
$34K
Royalty Rate
4.0%
5.5%
Average Revenue (Item 19)
N/ANo Item 19 representation
$1.6M
SBA Charge-Off Rate
N/A
Limited data
Total Units
17
13
Unit Growth (YoY)
-3 units
+0 units
Year Began Franchising
2005
2013
FDD Year
2025
2025