Skip to main content
Prime Rate:6.75%Fed Funds:3.64%5-Yr Treasury:3.88%10-Yr Treasury:4.25%30-Yr Treasury:4.83%30-Yr Mortgage:6.22%·Updated Mar 19, 2026Prime Rate:6.75%Fed Funds:3.64%5-Yr Treasury:3.88%10-Yr Treasury:4.25%30-Yr Treasury:4.83%30-Yr Mortgage:6.22%·Updated Mar 19, 2026
Rates
Chicago's Pizza Of Greenfield

Chicago's Pizza Of Greenfield

Franchising since 1979 · 9 locations

The total investment to open a Chicago's Pizza Of Greenfield franchise ranges from $80,100 - $827,500. The initial franchise fee is $10,000. Ongoing royalties are 4%. Chicago's Pizza Of Greenfield currently operates 9 locations (9 franchised). The top SBA 7(a) lenders for Chicago's Pizza Of Greenfield are Urban Partnership Bank, Florida First Capital Finance and Providence Bank & Trust. PeerSense FPI health score: 17/100.

Investment

$80,100 - $827,500

Franchise Fee

$10,000

Total Units

9

9 franchised

FPI Score
Medium
17

Proprietary PeerSense metric

Limited
Capital Partners
7lenders available

Active capital sources verified for Chicago's Pizza Of Greenfield 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
17out of 100
Limited

SBA Lending Performance

SBA Default Rate

40.0%

6 of 15 loans charged off

SBA Loans

15

Total Volume

$4.0M

Active Lenders

7

States

6

Top SBA Lenders for Chicago's Pizza Of Greenfield

What is the Chicago's Pizza Of Greenfield franchise?

Deciding whether to invest $80,100 to $827,500 in a pizza franchise is one of the most consequential financial decisions an entrepreneur can make, and the stakes are amplified when the brand occupying that investment range carries regional identity, a decades-long operating history, and a community-rooted model that larger national chains have repeatedly failed to replicate. Chicago's Pizza Of Greenfield represents a specific expression of the broader Chicago's Pizza franchise system, an Indiana-anchored pizza brand founded in 1979 by Robert McDonald and Ron Epple that has spent more than four decades building genuine brand equity in central and southern Indiana communities. The franchise system, currently stewarded by Dave Childers who joined the organization in 1984 and now serves as franchisor, operates on an owner-operator philosophy that prioritizes personal investment in local success over absentee management structures. With 8 total units and 9 franchised units in operation, Chicago's Pizza Of Greenfield franchise sits within a concentrated regional footprint that includes locations across Indiana and Ohio, and notably a presence as far as Seville, Spain, demonstrating that the brand's core identity travels beyond its Midwestern origins. The Full-Service Restaurants category globally is projected to reach USD 1.59 trillion in market value in 2025 and expand to USD 2.05 trillion by 2035, representing a compound annual growth rate of 2.6%, while U.S. full-service restaurants are expected to outpace the global average with a CAGR of 3.5% over the same period. This is independent analysis grounded in publicly available franchise disclosure data, operator research, and market intelligence — not a marketing document produced by the franchisor — and prospective investors should treat this profile as a starting point for rigorous due diligence rather than a sales pitch.

The pizza foodservice market that Chicago's Pizza Of Greenfield franchise competes within is one of the most resilient and expansive segments in global food service. The global pizza market was valued at USD 282.91 billion in 2025, with projections indicating growth from USD 215.53 billion in 2026 toward USD 340.91 billion by 2034, reflecting a compound annual growth rate of 5.90% across that forecast window. A separate market estimate positions the global pizza foodservice market even higher, at USD 320.0 billion in 2026 growing to USD 585.0 billion by 2033 at a CAGR of 9%, underscoring that different methodologies consistently point toward the same macro conclusion: pizza is not a category in decline. North America held a dominant 39.13% share of the global pizza foodservice market in 2025, valued at USD 81.16 billion, and U.S. consumers alone spent approximately USD 42.1 billion at quick-service pizza establishments in 2024, up from USD 41.3 billion the prior year. Consumer preferences within the pizza segment are being shaped by four primary forces: the primacy of convenience and digital ordering, the growing demand for delivery-integrated service models, the expansion of ghost kitchen and delivery-only formats projected to grow at a 9.1% CAGR through 2033, and increasing consumer appetite for locally sourced, health-conscious, and personalized dining experiences. The takeout format currently dominates service models, accounting for approximately 47.2% of market structure in 2026, which aligns well with the Chicago's Pizza operational DNA of serving community-based customers through both dine-in and carry-out channels. Chained outlets hold approximately 70.2% of market revenue share, meaning that branded, system-driven operations have a structural advantage over independent operators in capturing consumer trust and repeat purchase behavior, a dynamic that benefits franchise systems with established identity like Chicago's Pizza Of Greenfield.

The Chicago's Pizza Of Greenfield franchise investment spans a total range of $80,100 to $827,500, a spread wide enough to accommodate meaningfully different build-out scenarios, real estate conditions, and market entry strategies. The lower end of this range, at $80,100, is competitive with entry-level food service franchise concepts and suggests conversion opportunities or smaller-format builds, while the upper bound of $827,500 reflects full ground-up restaurant construction with complete equipment packages, signage, and working capital reserves appropriate for higher-traffic suburban markets. For context, the Chicago's Pizza franchise system more broadly has published a related investment range of $89,300 to $175,500 with a franchise fee of $10,000 and liquid capital requirement of $43,500, alongside a net worth requirement of $100,000 to $200,000, which positions the brand as an accessible entry point relative to full-service pizza franchise systems that routinely require $500,000 or more in minimum net worth. The royalty structure within the Chicago's Pizza system is documented at 4.0% of gross sales, which is notably below the category norm for pizza franchises, where royalty rates of 5% to 6% are standard, and significantly below some premium concepts that layer in additional technology fees, national advertising assessments, and regional marketing fund contributions on top of the base royalty. The total cost of ownership for a Chicago's Pizza Of Greenfield franchise is therefore structured to leave more gross revenue in the operator's hands on a percentage basis than many competing full-service pizza systems, which directly improves the unit economics calculation for franchisees who achieve meaningful sales volume. Investors considering this franchise opportunity should evaluate the investment range against available SBA lending programs for food service franchises, as owner-operated restaurant concepts with established brand histories and multi-decade track records have historically qualified for SBA 7(a) and SBA 504 loan products, though individual qualification will depend on the franchisee's personal financial profile and the specific project scope.

Daily operations within the Chicago's Pizza Of Greenfield franchise model are rooted in the owner-operator concept that has defined the brand since its 1979 founding. This is not an absentee investment vehicle — the system is explicitly designed for franchisees who intend to be present in their restaurants, engaged with staff, and embedded in their local community as the face of the brand. The franchise support infrastructure includes operational manuals and structured training programs that provide comprehensive guidance on running the business from pre-opening through mature operations, along with vendor and supply chain access that gives franchisees consistent ingredient sourcing without requiring them to negotiate independently with food distributors. Proprietary recipes and menu consistency standards are central to the Chicago's Pizza identity, ensuring that customers in Greenfield, Indiana receive the same core product experience that built the brand's loyal following across central and southern Indiana over four-plus decades. Franchisees also receive restaurant layout, kitchen flow, and equipment guidelines that have been refined over decades of multi-unit operation, reducing the costly trial-and-error that independent operators face when optimizing kitchen throughput and service speed. Marketing templates and brand identity standards are provided to support local marketing execution, enabling owner-operators to participate in community sponsorships, school and youth sports partnerships, town festivals, and fundraisers that have historically been the most effective customer acquisition and retention channels for this brand. The staffing model for a full-service pizza restaurant in a mid-sized Indiana market typically involves a combination of full-time kitchen and management staff alongside part-time front-of-house and delivery personnel, with labor costs representing one of the most significant variable expense categories that franchisees must manage against rising minimum wage pressures across Indiana and the broader Midwest.

Item 19 financial performance data is not disclosed in the current Franchise Disclosure Document for Chicago's Pizza Of Greenfield franchise. This is a meaningful data gap for prospective investors to acknowledge directly — without Item 19 disclosure, there are no franchisor-provided average revenue figures, median unit sales, top-quartile benchmarks, or profit margin representations that can be cited as the basis for a return-on-investment calculation. Franchisors are not legally required to provide earnings information in Item 19, but when they do make such representations, federal franchise law requires that all claims be disclosed and substantiated within that section of the FDD. The absence of Item 19 data does not indicate poor performance; many smaller regional franchise systems with strong unit economics choose not to disclose financial performance representations due to the complexity and legal overhead of preparing and maintaining compliant Item 19 disclosures across diverse operating environments. To construct a reasonable financial performance framework in the absence of Item 19 data, investors should reference industry benchmarks: full-service pizza restaurants in mid-sized suburban U.S. markets commonly generate annual revenues between $600,000 and $1.4 million depending on seating capacity, service model, and local market density, with food costs typically running 28% to 34% of revenue and labor costs between 30% and 38%. At a 4.0% royalty on gross sales and a total investment midpoint of approximately $453,800, a franchisee generating $900,000 in annual revenue would pay $36,000 per year in royalties — a relatively modest franchisor-take compared to systems charging 6% on similar volume. Investors conducting due diligence on the Chicago's Pizza Of Greenfield franchise opportunity are strongly encouraged to speak directly with existing franchisees, request access to multi-year sales history from the franchisor under confidentiality, and engage an independent CPA with franchise industry experience to build a bottoms-up financial model before committing capital.

The Chicago's Pizza franchise system's growth trajectory reflects the deliberate, regionally focused expansion strategy that has characterized the brand throughout its more than four decades of operation. With 8 total units and 9 franchised units currently operating, the system remains concentrated rather than sprawling, which carries both risk and opportunity for incoming franchisees. On the risk side, a smaller unit count means less aggregate brand marketing weight and fewer opportunities for network-level purchasing economies of scale compared to national pizza chains operating hundreds or thousands of units. On the opportunity side, franchisees entering a regionally dominant but nationally underpenetrated system can benefit from first-mover advantages in growth markets, lower real estate competition from co-brand saturation, and more direct access to franchisor support than is typically available in systems with dozens or hundreds of franchisees competing for corporate attention. The brand's current franchisor, Dave Childers, who has been with Chicago's Pizza since 1984, represents four decades of institutional knowledge and operational continuity — a meaningful stability signal in an industry where franchise system leadership turnover frequently disrupts franchisee support quality. Indiana's demographic and economic tailwinds further support the expansion thesis: the state's suburban population growth corridors, including Indianapolis, Fishers, Noblesville, Westfield, Carmel, Avon, Plainfield, and Greenwood, represent greenfield development opportunities for a brand with established recognition among Indiana residents. The franchise system's exclusive focus on Indiana for new franchise development — with all current franchising opportunities licensed to operate within the state — means that incoming franchisees benefit from a protected geographic strategy rather than competing against the brand's own units in adjacent markets. Community engagement has functioned as a core competitive moat for Chicago's Pizza locations, with franchisees sponsoring local schools, youth sports programs, town festivals, and hosting community nights and pizza parties that generate customer loyalty at a cost per impression that no digital advertising budget can easily replicate.

The ideal Chicago's Pizza Of Greenfield franchise candidate is an owner-operator with demonstrated management experience, strong community ties, and genuine personal investment in building a local dining institution rather than managing a passive income asset. The brand's operational model is not designed for multi-unit empire builders seeking to hire general managers and step back from daily operations — it is designed for individuals who want to be the face of their restaurant, know their customers by name, and compete for local loyalty through personal presence and community involvement rather than corporate marketing spend alone. Geographic focus on Indiana means that candidates with existing roots in target communities — particularly in the growing suburban corridors around Indianapolis — will have structural advantages in building the local relationships that drive repeat customer traffic. The total investment range of $80,100 to $827,500 suggests that the system accommodates both conversion-style entries into existing restaurant spaces and new construction projects, giving candidates with access to appropriate real estate in underserved Indiana markets a pathway to entry at multiple capital levels. Prospective franchisees should plan for a comprehensive onboarding process that includes operational training, kitchen systems certification, vendor relationship establishment, and pre-opening marketing preparation, all of which are supported by the franchisor's established training infrastructure. The franchise agreement's community-first operating philosophy and owner-operator structure mean that candidates evaluating this opportunity should honestly assess their appetite for hands-on restaurant management before making a capital commitment in the $80,000 to $827,500 range.

The Chicago's Pizza Of Greenfield franchise opportunity sits at a genuinely interesting intersection of regional brand strength, accessible investment economics, and a structurally favorable pizza market that is projected to expand from USD 282.91 billion in 2025 toward USD 340.91 billion by 2034. For an investor willing to engage with the due diligence process seriously — requesting existing franchisee contacts, independently modeling unit economics from publicly available restaurant industry benchmarks, and evaluating real estate opportunities in Indiana's growing suburban markets — this franchise opportunity deserves a place on the serious consideration list alongside better-known national pizza concepts. The 4.0% royalty rate is competitive within the full-service pizza franchise category, the owner-operator model aligns personal incentive with business outcome, and the four-decade brand history in Indiana markets represents genuine earned recognition that a new independent restaurant concept would take years and significant marketing investment to build from scratch. The FPI Score of 17, rated Limited, is a data point that investors should weigh carefully alongside the system's size, the absence of Item 19 financial performance disclosure, and the concentrated Indiana geography — all factors that experienced franchise investors will want to pressure-test through direct conversations with franchisees and a careful review of the complete Franchise Disclosure Document. PeerSense provides exclusive due diligence data including SBA lending history, FPI score analysis, location maps with Google ratings, FDD financial data, and side-by-side comparison tools that allow investors to benchmark Chicago's Pizza Of Greenfield against competing full-service pizza franchise concepts across every relevant investment and performance dimension. Explore the complete Chicago's Pizza Of Greenfield franchise profile on PeerSense to access the full suite of independent franchise intelligence data and make a capital allocation decision grounded in facts rather than franchise sales presentations.

FPI Score

17/100

SBA Default Rate

40.0%

Active Lenders

7

Key Highlights

Data Insights

Key performance metrics for Chicago's Pizza Of Greenfield based on SBA lending data

SBA Default Rate

40.0%

6 of 15 loans charged off

SBA Loan Volume

15 loans

Across 7 lenders

Lender Diversity

7 lenders

Avg 2.1 loans per lender

Investment Tier

Significant investment

$80,100 – $827,500 total

Chicago's Pizza Of Greenfield — Deep SBA Data

Brand-specific metrics derived directly from SBA 7(a) approval records — peak lending year, leading state, average loan size, and lender concentration. PeerSense computes these per brand so capital advisors and prospective franchisees can benchmark this opportunity against the rest of the franchise universe.

Peak SBA Year

2002

8 approvals — best year on record for Chicago's Pizza Of Greenfield.

Top SBA State

Illinois

8 SBA-financed Chicago's Pizza Of Greenfield locations — the densest operator footprint.

Average Loan Size

$264K

Median $125K — use as a sizing anchor when modeling your own $Chicago's Pizza Of Greenfield unit.

Lender Concentration

66.7%

Concentrated

Share of Chicago's Pizza Of Greenfield approvals captured by the top 3 SBA lenders.

Chicago's Pizza Of Greenfield's SBA lending pipeline peaked in 2002 (8 approvals). Operator density is highest in Illinois with 8 SBA-financed locations. Average funded ticket sits at $264K, with the median at $125K. Lender mix is concentrated: the top three SBA lenders account for 66.7% of approvals — credit decisions concentrate with a small group of incumbents.

Payment Estimator

Loan Amount$64K
Interest Rate9.5%
Term (Years)10 yr

Estimated Monthly Payment

$829

Principal & Interest only

Locations

Chicago's Pizza Of Greenfieldunit breakdown

Total Units
N/A
Franchisee Owned
System Owned
Closed

Explore Funding for Chicago's Pizza Of Greenfield

Our business financing consultants help connect you with the right lending partners. No retainers — referral fee paid at closing.

One more step: check the consent box above and type your full legal name as signature to enable submission.

No retainers · Referral fee at closing

Or get an instant analysis

Scan Your Deal Instantly
Chicago's Pizza Of Greenfield