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Blackjack Pizza & Salads

Blackjack Pizza & Salads

Franchising since 2013 · 7 locations

The total investment to open a Blackjack Pizza & Salads franchise ranges from $226,500 - $611,000. Ongoing royalties are 5%. Blackjack Pizza & Salads currently operates 7 locations (7 franchised). PeerSense FPI health score: 55/100.

Investment

$226,500 - $611,000

Total Units

7

7 franchised

FPI Score
Medium
55

Proprietary PeerSense metric

Moderate
Capital Partners
8lenders available

Active capital sources verified for Blackjack Pizza & Salads financing

SBA

7(a) Eligible

21d

Avg Funding

P+2.25%

Best Rate

No retainers · Referral fee at closing

FPI Score Breakdown

Growing (10-24 loans)

Medium Confidence
55out of 100
Moderate

SBA Lending Performance

SBA Default Rate

0.0%

0 of 10 loans charged off

SBA Loans

10

Total Volume

$3.9M

Active Lenders

8

States

2

What is the Blackjack Pizza & Salads franchise?

Should you invest in a pizza franchise right now, and if so, does a regional operator with deep roots in handcrafted quality deserve a serious look over the national chains? That is the central question for any investor evaluating the Blackjack Pizza Salads franchise opportunity, and the answer requires a disciplined, data-grounded examination of a brand that has quietly built a loyal following across the Rocky Mountain region over four decades. Blackjack Pizza Salads was founded on June 29, 1983, by Vince Schmuhl in Federal Heights, Colorado. Schmuhl, who had direct operational experience as a former Domino's Pizza employee, identified a concrete gap in the regional market: consumers in the Denver metro and broader Rocky Mountain corridor wanted a superior pizza delivery product, not a national chain commodity. The second store opened in Greeley, Colorado, in February 1984, just eight months after the original launch, signaling early organic demand. By 1986, the company had scaled to six corporate-owned stores and one franchisee, and in 1988, Blackjack formally became a franchisor, adopting an owner-operator model that required franchisees to be personally invested in each individual store location. In 2013, the brand was acquired by Askar Brands, an organization with extensive experience in the pizza industry, which shifted the overall leadership structure and provided institutional backing for future growth. Today, Blackjack Pizza Salads operates between 40 and 42 stores across five states, with a franchised unit count that reflects its deliberate, methodical expansion philosophy. The brand competes in the global pizza foodservice market, which was valued at approximately $295.92 billion in 2025 and is projected to reach $455.65 billion by 2031, representing a compound annual growth rate of 7.46%. For franchise investors who believe regional quality operators can outperform national commodity chains in loyalty-dense local markets, the Blackjack Pizza Salads franchise opportunity presents a differentiated thesis worth examining carefully.

The industry backdrop for any pizza franchise investment in 2025 is genuinely compelling, and the data supports sustained structural demand rather than a cyclical uptick. U.S. consumers alone spent approximately $42.1 billion at quick-service pizza establishments in 2024, a figure that was up nearly 2% from the prior year, demonstrating category resilience even in a higher-cost consumer environment. Pizza delivery as a standalone sub-segment generated approximately $16.9 billion in U.S. consumer spending in 2024, a data point directly relevant to Blackjack Pizza Salads given that its core operating model centers on carryout and delivery rather than dine-in table service. North America held a 39.18% share of the global pizza foodservice market in 2025, supported by robust delivery infrastructure and deep customer loyalty dynamics that favor brands with established local roots. Several secular tailwinds support this category specifically: the continued growth of on-demand delivery platforms, rising consumer appetite for fusion pizza flavors drawing from Mexican, Greek, Korean, and Indian culinary traditions, and the accelerating demand for gluten-free options that major chains are now obligated to accommodate. Automation trends including food delivery robots, front-of-house kiosks, and mobile ordering and payment systems are reshaping operational economics across the entire pizza segment, compressing labor costs for operators who adopt these tools early. The broader full-service and fast-casual restaurant market in North America held a 31% share of the global full-service restaurant market in 2025, estimated at $1.59 trillion globally that year, and North America's segment is projected to grow at a CAGR of 3.5% through 2035. The competitive landscape in regional pizza delivery remains relatively fragmented outside of the three dominant national chains, creating genuine white space for a quality-positioned regional operator to capture and defend loyal customer bases in secondary and tertiary markets.

The Blackjack Pizza Salads franchise investment profile spans a total initial investment range of $226,500 on the low end to $611,000 at the high end, a spread driven primarily by geography, lease rates, leasehold improvement costs, and equipment specifications for each individual store buildout. A separate set of reported investment figures from multiple disclosure sources places the range between $375,800 and $552,700, or alternatively between $168,300 and $392,300 depending on the specific format and market conditions, with at least one more recent source citing a minimum total investment of $500,000 for current openings. The initial franchise fee has been reported at two distinct levels across sources, ranging from $15,000 on the lower end to $40,000 as the more commonly cited current figure, which positions the Blackjack Pizza Salads franchise fee in the mid-range tier relative to the pizza delivery category broadly, where franchise fees for comparable regional operators typically fall between $25,000 and $50,000. A veteran's discount of 25% off the setup fee is available to qualified U.S. military veterans, a meaningful financial concession that reduces the upfront capital commitment for that segment of qualified candidates. Liquid capital requirements across reported sources range from $150,000 to $300,000, with the most commonly cited threshold sitting at $150,000 minimum, while net worth requirements have been reported between $300,000 and $600,000 depending on the source and the specific development agreement structure. The ongoing royalty rate is 5% of gross sales, with a monthly advertising fee of $1,000 required in addition to royalties, providing franchisees with predictable fixed marketing cost exposure rather than an open-ended percentage-of-sales obligation. The franchise is SBA approved, which expands the financing universe for qualified candidates who do not have the full capital requirement available in liquid form, and the corporate team assists in identifying third-party financing sources, though ultimate financing responsibility sits with each individual franchisee. An ideal carryout and delivery store occupies between 1,200 and 1,600 square feet, a lean footprint that limits occupancy cost relative to full-service dine-in concepts and reflects the brand's delivery-first operating philosophy. The ten-year initial franchise agreement term with renewal options provides long-term operational stability and sufficient runway to achieve a meaningful return on the initial investment.

Blackjack Pizza Salads operates exclusively as a carryout and delivery concept, which fundamentally shapes the daily operational reality for franchise owners. There is no passive ownership model supported by the brand, meaning franchisees are expected to be owner-operators with hands-on involvement in daily store management, staffing, and community relationship-building. The standard store footprint of 1,200 to 1,600 square feet requires a relatively lean staffing model compared to full-service dine-in restaurants, with labor concentrated on production, order management, and delivery logistics. Initial training is comprehensive by industry standards, encompassing approximately 210 hours of in-store operational instruction covering inventory control, ordering, purchasing, and day-to-day production protocols, and prior pizza industry experience is explicitly not required to qualify. The corporate team provides assistance with location selection, store buildout including layouts, sourcing, and project timelines, and connections to an established purchasing and supply chain network that supports consistent ingredient quality across all locations. A Development and Certification Manual is provided for both initial training reference and ongoing in-store operational guidance, and a corporate representative is present at each new franchisee's grand opening to ensure a strong market entry. Field Operations team members provide ongoing consulting through store visitations, best practices sharing, and management seminars, creating a structured cadence of support that goes beyond the launch window. New franchisees entering new markets are required to execute a 3-store Development Agreement, ensuring that distribution infrastructure and brand presence reach sufficient scale to support effective local marketing and operational efficiency. The brand's marketing and advertising support includes coupon programs and customer loyalty initiatives designed to drive repeat purchase behavior, which is the primary revenue engine in a delivery-focused pizza operation.

Item 19 financial performance data is not disclosed in the current Franchise Disclosure Document for the Blackjack Pizza Salads franchise. This is a material consideration for prospective investors who rely on Item 19 disclosures to benchmark expected unit-level revenue and profitability before making a capital commitment, and it means that candidates must conduct primary due diligence through franchisee validation calls and independent financial modeling rather than relying on franchisor-disclosed performance data. That said, publicly available data does provide one meaningful reference point: the brand reported an average unit revenue of $1,249,995 across its system in 2022, a figure that places Blackjack Pizza Salads within a competitive range for regional pizza delivery operators when benchmarked against the broader quick-service pizza segment. Against an average unit volume of approximately $1.25 million and a royalty obligation of 5% of gross sales plus a $1,000 monthly advertising fee, a franchisee's total ongoing fee burden on that average volume would approximate $74,500 annually in royalties and $12,000 in advertising contributions, totaling roughly $86,500 in franchisor-directed fees before accounting for food costs, labor, occupancy, and other operating expenses. Industry benchmarks for pizza delivery concepts typically place food costs between 28% and 34% of revenue and labor costs between 25% and 32%, leaving a combined operating cost structure that can support meaningful owner earnings at average unit volumes near $1.25 million for an efficient operator. Franchisee Dale Roberts, a 35-year pizza industry veteran operating multiple units in Northern Colorado, has publicly noted that "quality is the most important thing at Blackjack," and that 80% of pizzas are hand-tossed originals with dough made in-house and vegetables hand-cut on premises, practices that support premium pricing relative to commodity chains but may create higher labor intensity. The investment range of $226,500 to $611,000 against an average unit revenue of $1,249,995 implies a revenue-to-investment multiple of approximately 2.0x to 5.5x depending on the specific buildout cost, a range consistent with viable franchise investments in the quick-service pizza category when paired with healthy profit margins.

The Blackjack Pizza Salads franchise has maintained a deliberately measured growth trajectory since its founding, operating between 40 and 42 stores across five states as of the most recent data available, a scale that reflects the brand's explicitly stated commitment to "slow, controlled growth" rather than aggressive unit proliferation. The 2013 acquisition by Askar Brands provided institutional infrastructure and broader organizational support, though the brand's footprint has remained concentrated in the western and southern United States, with recent expansion activity evident in new store openings in Colorado markets including Fort Collins, where a 1,400-square-foot carryout and delivery location was planned for opening in January 2023. The brand's competitive moat is built on several reinforcing factors: handcrafted products made in-house including pizza dough, bread, salad dressings, and sauces using fresh ingredients and never-frozen cheese blends, which creates a tangible quality differentiation from national commodity chains operating at higher production volume. The brand is also actively pursuing expansion into GCC and MENA markets, a geographic diversification signal that indicates corporate-level ambition beyond the current U.S. footprint and suggests increasing institutional support for brand development. Available expansion states include Alabama, Arizona, Colorado, Georgia, Kentucky, Louisiana, Mississippi, Nevada, New Mexico, North Carolina, Ohio, Oklahoma, Pennsylvania, South Carolina, Tennessee, Texas, and Wyoming, representing a broad geographic opportunity set primarily in high-growth Sun Belt markets with favorable population dynamics. Digital and technology adaptation is increasingly important in the pizza delivery segment, where automation including mobile ordering, loyalty app integration, and delivery logistics optimization are becoming baseline competitive requirements rather than differentiators, and franchisees benefit from corporate marketing support designed to build customer acquisition and retention in their specific markets.

The ideal candidate for the Blackjack Pizza Salads franchise is an owner-operator with strong management discipline and community orientation, not a passive investor seeking absentee ownership returns. No prior pizza industry experience is required, as the 210-hour initial training program is designed to bring qualified candidates up to operational competency regardless of food service background, but candidates with prior restaurant management, multi-unit retail, or customer service leadership experience will likely navigate the learning curve more efficiently. Financially, qualified candidates should be prepared to demonstrate liquid capital in the range of $150,000 to $300,000 and a net worth between $300,000 and $600,000 depending on the specific market and agreement structure being executed. New market entrants are required to commit to a 3-store Development Agreement, meaning the Blackjack Pizza Salads franchise opportunity is structured for investors with the financial capacity and operational ambition to build a multi-unit presence rather than a single-store lifestyle business. Available territories span 17 states with concentration in the Sun Belt and Mountain West, regions that have experienced significant population growth over the past decade and where delivery-oriented quick-service concepts benefit from favorable suburban density patterns. The ten-year initial franchise agreement term with renewal options provides long-term business planning stability, and the owner-operator model means that franchisee success is directly correlated with personal engagement in daily operations, quality control, and local community relationship-building, consistent with the profiles of successful multi-unit owners like Dale Roberts in Northern Colorado and Ryan and Desiree Sirowy in Brighton, Colorado, who cite family values and community service as central to their operational approach.

The Blackjack Pizza Salads franchise opportunity presents an investment thesis grounded in a brand with a 40-year operating history, a clearly differentiated quality positioning in a category generating $42.1 billion in annual U.S. quick-service spending, an average unit revenue of $1,249,995 as reported in 2022, and a total initial investment range of $226,500 to $611,000 that places it in an accessible to mid-tier range relative to the broader pizza franchise landscape. The brand's FPI Score of 55, classified as Moderate by independent analysis, reflects a balanced risk-reward profile that warrants structured due diligence rather than either immediate enthusiasm or dismissal. The 5% royalty rate, $1,000 monthly advertising contribution, SBA approval status, available veteran's discount of 25% off the setup fee, and the institutional backing of Askar Brands since 2013 are all material factors that a sophisticated investor should evaluate in the context of their own capital structure, market availability, and operational capacity. Critical questions remain around the absence of Item 19 financial performance disclosure in the current FDD, the relatively modest current unit count of 40 to 42 stores across five states, and the degree to which individual franchisee outcomes vary based on personal management capability and local market conditions. PeerSense provides exclusive due diligence data including SBA lending history, FPI score, location maps with Google ratings, FDD financial data, and side-by-side comparison tools that allow investors to benchmark Blackjack Pizza Salads against comparable franchise opportunities in the pizza and quick-service restaurant categories with analytical rigor. Explore the complete Blackjack Pizza Salads franchise profile on PeerSense to access the full suite of independent franchise intelligence data.

FPI Score

55/100

SBA Default Rate

0.0%

Active Lenders

8

Key Highlights

Low SBA default rate (0.0%)

Data Insights

Key performance metrics for Blackjack Pizza & Salads based on SBA lending data

SBA Default Rate

0.0%

0 of 10 loans charged off

SBA Loan Volume

10 loans

Across 8 lenders

Lender Diversity

8 lenders

Avg 1.3 loans per lender

Investment Tier

Significant investment

$226,500 – $611,000 total

Payment Estimator

Loan Amount$181K
Interest Rate9.5%
Term (Years)10 yr

Estimated Monthly Payment

$2,345

Principal & Interest only

Locations

Blackjack Pizza & Saladsunit breakdown

Total Units
N/A
Franchisee Owned
System Owned
Closed

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Blackjack Pizza & Salads