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SUBJECT DOSSIER · FDD 2025

Fox's Pizza Franchise

Cost, fees, owner earnings, closure rate and litigation for a Fox's Pizza franchise — pulled from the franchisor's own public FDD (2025), not its sales material.

Pizza · disclosure-honesty grade · from public state filings
GRADE F · FAILS DISCLOSURE

Disclosure honesty

F
Transparency 1 / 5

Fox's Pizza discloses little or no owner-earnings data (Item 19) — the franchisor won't put real profit in writing.

Outlets198
Disclosed lawsuits0
Closure signals2 ceased
Investment
$136,600–$424,500
Total fees
6% of sales
Outlets
198
Closure signals
2 ceased, 0 terminated
Lawsuits
0
◢ FINDINGS
ITEM 19
No real earnings disclosure
The franchisor won't put owner profit in writing — you can't verify the pitch.
ITEM 20
2 outlets ceased operations
Net outlet decline 2023-2024 (-2), recovery 2025 (+5). 24 ceased operations 2023-2025. Low terminations but ongoing attrition.

What their own earnings claim actually says

No financial performance representations disclosed. Franchisor explicitly disclaims any representations about franchisee future or past outlet financial performance.

What a Fox's Pizza franchise actually costs to run

FeeDisclosedWhere it comes from
Initial franchise fee$20,000Item 5 — paid up front, before you open
Royalty6% of gross salesItem 6 — charged on revenue, not profit
Total recurring fees6% of gross salesBefore rent, labor, food or debt service
Total initial investment$136,600 – $424,500Item 7 — franchisor's own low/high estimate

$500/month royalty (6% annualized on ~$100K revenue benchmark); $8K grand opening + $8K site consulting fees; no advertising fee currently assessed

Royalty and ad-fund percentages are charged on gross sales — an owner pays them whether or not the location is profitable.

Fox's Pizza system size and owner turnover

Total outlets198
Ceased operations2
Terminated by franchisor0
Transferred to new owners9
Closure rate1.0% of outlets

Net outlet decline 2023-2024 (-2), recovery 2025 (+5). 24 ceased operations 2023-2025. Low terminations but ongoing attrition.

From Item 20 of the FDD 2025. Terminations and ceased operations are the franchisor's own count of owners who stopped — the number the sales pitch leaves out.

Is Fox's Pizza worth it? — how it compares to 38 similar franchises

Ongoing fees6% of saleslower than most (median 8%)
Startup costfrom $136,600cheaper than most (median $380,000)
Disclosure honestyGrade Fless honest than most of the category
Closure rate1.0% of outletsabout average
Disclosed lawsuits0fewer than most

Benchmarked against every pizza franchise we've graded from public FDDs — the context the franchisor's pitch never gives you.

◤ CLASSIFIED · ITEM 19 RECONSTRUCTED

Owner take-home for a Fox's Pizza

The franchisor's framing: No financial performance representations disclosed. Franchisor explicitly disclaims any re… We reconstruct what an owner actually keeps, from their own FDD.

LOW
MEDIAN
HIGH

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Fox's Pizza franchise — frequently asked

How much does a Fox's Pizza franchise cost?
The FDD lists a total initial investment of about $136,600–$424,500, including a $20,000 initial franchise fee.
How much do Fox's Pizza franchise owners make?
Fox's Pizza discloses little or no earnings data (Item 19) — meaning the franchisor won't put real owner profit in writing. That's a red flag worth questioning.
What are the Fox's Pizza franchise fees?
Fox's Pizza's FDD discloses a $20,000 initial franchise fee, a 6% royalty on gross sales, for roughly 6% of gross sales in recurring fees before rent, labor, or debt service. $500/month royalty (6% annualized on ~$100K revenue benchmark); $8K grand opening + $8K site consulting fees; no advertising fee currently assessed
What is the Fox's Pizza franchise profit margin?
Fox's Pizza discloses no Item 19 earnings representation, so no profit margin can be derived from the FDD at all. Any margin figure quoted elsewhere is an estimate, not a disclosure.
What is the Fox's Pizza franchise failure rate?
Net outlet decline 2023-2024 (-2), recovery 2025 (+5). 24 ceased operations 2023-2025. Low terminations but ongoing attrition.
How many Fox's Pizza locations are there?
Fox's Pizza's FDD reports 198 total outlets, with 2 that ceased operations in the most recent reporting year and 9 transferred to new owners. Item 20 is where system health shows up before the marketing does.
Does Fox's Pizza have complaints or lawsuits?
Fox's Pizza discloses no material litigation in Item 3 of the filing we reviewed. That's a positive signal, though it covers only what the franchisor is required to report.
Is a Fox's Pizza franchise worth it?
It depends on the numbers, not the pitch. Fox's Pizza scores F on disclosure honesty, carries about 6% of sales in ongoing fees. Get the real owner take-home before you sign.

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Source: WI DFI Franchise Registration (2025). FranchiseValidate is independent and not affiliated with Fox's Pizza or its franchisor. Figures are extracted from the franchisor's own public disclosure document; verify against the current FDD before any decision.