Verified — real FDD extraction
SBA-eligible · directory code S0240 since 2017
BOSTON'S THE GOURMET PIZZA RESTAURANT & SPORTS BAR
Food & Dining · independent · est. —
Boston's The Gourmet Pizza Restaurant & Sports Bar is a casual-dining concept pairing a pizza-led menu with a full sports bar. A franchisee operates a large full-service restaurant and bar with kitchen and floor staff serving families on the dining side and sports fans in the bar.
BOSTON'S THE GOURMET PIZZA RESTAURANT & SPORTS BAR net unit count declined -9.1% from 2023–2025 per its FDD Item 20.
New to franchising? Start here
A franchise is a business where you (the franchisee) pay a company (the franchisor) for the right to open and run a location using their brand and system — think a local Anytime Fitness or Taco John's owned by a small-business owner, not the corporation.
Before you can buy in, U.S. law requires the franchisor to give you a Franchise Disclosure Document (FDD) — a long legal filing covering its fees, finances, and history. The numbers on this page come straight from that document:
- Franchise fee — the one-time cost to buy in.
- Royalty — the ongoing cut of your sales you pay the franchisor.
- Item 20 — how many locations opened and closed, the basis for our verdict (from Proven & strong down to Distressed — or Too new to judge).
The verdict
Too new to judge
Distress
24 franchised units over 3 disclosed years is not a track record — systems this early have realized only a fraction of their eventual failures. Judge the disclosures, not a verdict.
Exit rate · latest year
16.7%
vs 8.6% across 137 food & dining systems
Cost to open
$1.1M–$3.3M
Item 7 total investment range
SBA loan defaults
20.8%
24 loans resolved — directional only
Behind the verdict
the record, factor by factor · Item 20
3-yr trend · Item 20 Table 1
terminations + ceased-ops vs. all exits · Table 3
transfers vs. base · Table 3
actual vs. projected openings · Table 5
Item 19 disclosure + completeness
Systemwide units
2023–2025
Survival record
FDD Item 20 · outlet status by year
In fiscal 2025, 4 of 24 franchised outlets left the system — a 16.7% annualized exit rate, vs 8.6% across 137 food & dining systems. Not every exit is a failure — but this is the measurable floor.
Show the outlet tables ↓Hide the evidence ↑
| Status (FTC) | 2023 | 2024 | 2025 |
|---|---|---|---|
| Outlets at start | 26 | 22 | 24 |
| Opened | 0 | 5 | 0 |
| Transfers | 2 | 0 | 1 |
| Terminations | 2 | 2 | 4 |
| Non-renewals | 0 | 0 | 0 |
| Reacquired by franchisor | 0 | 0 | 0 |
| Ceased — other reasons | 2 | 0 | 0 |
| Outlets at end | 22 | 24 | 20 |
| Net change | -4 | +2 | -4 |
The lender's view
SBA 7(a)/504 loan performance · FY1991–present
Banks have made 38 SBA-backed loans to BOSTON'S THE GOURMET PIZZA RESTAURANT & SPORTS BAR franchisees since 1998. Only 24 have resolved so far — too thin for a reliable default rate, but 5 of them charged off.
—
24 resolved · too thin to rate
—
avg. charged-off $ ÷ approved $
—
default rate × loss severity
$1,767,785
what recent franchisees borrowed
75 mo
approval → charge-off, defaulted loans
4 vs 4
distinct banks still lending
Charge-off rate by loan approval year (%)
Loan performance by state
SOURCE: SBA 7(a)/504 FOIA LOAN DATA (DATA.SBA.GOV), FY1991–PRESENT · MATCHED TO BOSTON'S THE GOURMET PIZZA RESTAURANT & SPORTS BAR BY FRANCHISE NAME · RESOLVED = CHARGED-OFF + PAID-IN-FULL
The owner's side of the deal
FDD × federal loan record
Who finances it
Too few loans to identify
Who buys it
96.4%
first-time franchise owners
The rest already owned at least one other franchise. Across the corpus, brands bought mostly by repeat operators charge off at roughly 10% versus 17% for brands sold mostly to newcomers.
Does experience help here?
Not enough resolved loans to split
Computed from 38 SBA 7(a)/504 loans to BOSTON'S THE GOURMET PIZZA RESTAURANT & SPORTS BAR franchisees joined to the brand's own FDD. Debt service assumes level amortization at the average disclosed term and rate. A lender's rate excludes its loans to this brand, so it reads the lender, not the brand.
What it costs — and what it drags
FDD Items 5–7 · fees, investment, royalty
Buying in means a $50K franchise fee (Item 5) and a total investment of $1.1M–$3.3M (Item 7). The franchisor publishes an earnings claim (Item 19) — read its methodology closely.
To open (Item 7)
$1.1M–$3.3M
all-in investment range
Franchise fee (Item 5)
$50K
upfront, one-time
Royalty (Item 6)
5%
of sales, ongoing
Your figure — cross-check against this brand's Item 19 and current-owner validation.
Royalty you'd pay / yr
$50K
5% of sales, before profit
Over a 10-yr term
$500K
royalties alone, excl. ad fund
This is not profit. It's the only money the FDD actually pins down — what you put in, and the royalty you owe on every dollar of sales. Your real take-home depends on labor, rent, food cost, and ramp-to-breakeven, none of which any FDD discloses.
Build a real pro-forma for BOSTON'S THE GOURMET PIZZA RESTAURANT & SPORTS BAR with an independent CPAModeled risk
FDD Risk Score · modeled from the public record
Modeled from the public record, this brand sits mid-pack: riskier than 74% of systems we score.
Risk percentile
74 / 100
Loan-corroborated
Modeled SBA charge-off
16.2%
Observed SBA charge-off
20.8%
Top drivers: System size (log units) (raises) · Investment ceiling (log) (lowers) · Net unit growth (raises) · Item 20 exit rate (raises). 15+ resolved loans stand behind this estimate. A linear scorecard built from this brand's own disclosure figures plus the federal loan record behind its franchisees; full spec and cross-validated accuracy on the methodology page. A score is context, not a verdict.
Distress signals
news-sourced · bankruptcies, closures, lawsuits
No recent closures, bankruptcies, or major lawsuits found in the news for BOSTON'S THE GOURMET PIZZA RESTAURANT & SPORTS BAR. That's a good sign — but it reflects news coverage, not a guarantee.
A broker is paid by the franchisor to place you. An independent CPA is paid by you — and the job is pressure-testing BOSTON'S THE GOURMET PIZZA RESTAURANT & SPORTS BAR's numbers, including talking you out of a bad deal.
Talk to an independent CPA before you buy →BOSTON'S THE GOURMET PIZZA RESTAURANT & SPORTS BAR franchise questions, answered from the filings
What percentage of BOSTON'S THE GOURMET PIZZA RESTAURANT & SPORTS BAR franchises closed last year?
In BOSTON'S THE GOURMET PIZZA RESTAURANT & SPORTS BAR's latest FDD Item 20 (fiscal 2025), 4 of 24 franchised outlets left the system — an annualized exit rate of 16.7% — compared with 8.6% across 137 food & dining systems tracked here. That counts terminations, non-renewals, and "ceased operations — other reasons." There is no official failure rate, and not every exit is a failure, but this is the measurable floor.
How much does a BOSTON'S THE GOURMET PIZZA RESTAURANT & SPORTS BAR franchise cost?
Per BOSTON'S THE GOURMET PIZZA RESTAURANT & SPORTS BAR's 2026 FDD, buying in requires an initial franchise fee of $50K (Item 5) and a total initial investment of $1.1M–$3.3M (Item 7).
What royalty does BOSTON'S THE GOURMET PIZZA RESTAURANT & SPORTS BAR charge?
BOSTON'S THE GOURMET PIZZA RESTAURANT & SPORTS BAR charges an ongoing royalty of 5.0% of gross sales, per Item 6 of its 2026 FDD.
Does BOSTON'S THE GOURMET PIZZA RESTAURANT & SPORTS BAR disclose earnings (Item 19)?
Yes — BOSTON'S THE GOURMET PIZZA RESTAURANT & SPORTS BAR makes a financial performance representation in Item 19 of its 2026 FDD. Read it closely: franchisors choose which units and which metrics to include.