How Much Does a Noble Roman’s Pizza Franchise Cost?
Data from the 2024 Franchise Disclosure Document
Investment Summary
Total Investment
$32K – $228K
Franchise Fee
$8K
Royalty
The greater of (i) $175.00 per week or (ii) 7% of gross sales (9% for hospitals)
Ad Fund
0.0%
Cost Breakdown
Initial Franchise Fee
The initial franchise fee for Noble Roman’s Pizza is $8K. This one-time payment covers the right to operate under the brand, access to proprietary systems, and initial training programs.
Total Investment Range
Opening a Noble Roman’s Pizza franchise requires a total investment of $32K – $228K. This range typically includes real estate or leasehold improvements, equipment and fixtures, initial inventory, signage, insurance, and working capital to sustain operations during the ramp-up period.
Working capital alone ranges from $3K to $8K.
Ongoing Costs
Beyond the initial investment, Noble Roman’s Pizza franchisees pay ongoing fees. The royalty structure is: The greater of (i) $175.00 per week or (ii) 7% of gross sales (9% for hospitals). The advertising or brand fund contribution is 0.0% of gross sales.
Net Worth & Liquid Capital Requirements
Noble Roman’s Pizza requires working capital of $3K – $8K to cover initial operating expenses. This is the liquid cash you should have available beyond the franchise fee and buildout costs.
What Can You Earn?
Noble Roman’s Pizza does not disclose earnings data in Item 19 of its Franchise Disclosure Document. Not all franchisors choose to publish financial performance representations, though this is a data point many prospective franchisees consider important.
How Do Banks View Noble Roman’s Pizza?
SBA Loans Issued
2
Default Rate
0.0%
The SBA (Small Business Administration) tracks loan performance for franchise brands. Noble Roman’s Pizza has 2 SBA-backed loans on record. The default rate is 0.0%, which is below the franchise industry average, indicating relatively lower lending risk. A lower default rate generally indicates that lenders view the franchise as a safer investment, though past performance does not guarantee future results.
Next Steps
Talk to current Noble Roman’s Pizza franchise owners
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