Skip to main content
✦Prime Rate:7.00%✦Fed Funds:3.75%✦5 Yr Treasury:4.78%↓✦10 Yr Treasury:4.96%↓✦30 Yr Treasury:5.29%↓✦30 Yr Mortgage:7.32%·Updated Oct 22, 2026✦Prime Rate:7.00%✦Fed Funds:3.75%✦5 Yr Treasury:4.78%↓✦10 Yr Treasury:4.96%↓✦30 Yr Treasury:5.29%↓✦30 Yr Mortgage:7.32%·Updated Oct 22, 2026
Rates
Crust Pizza

Crust Pizza

The total investment to open a Crust Pizza franchise ranges from $679,050 to $1.2M.

What is the Crust Pizza franchise?

Entrepreneurs considering a franchise often begin by asking whether a particular brand offers a sound opportunity. Crust Pizza is a full service restaurant concept based in Cypress, TX, with 18 total units. The system includes 16 franchised units and zero company owned locations, showing that its expansion has been centered on franchisees. Its full service format is intended to provide more than quick service convenience through its dining atmosphere, table service, and product quality. That approach can support higher pricing and repeat visits when the operating model is executed well. Crust Pizza has a current Loan Activity Score of 67, which provides a positive indicator of its position within the franchise system. Its base in Cypress, TX and its concentrated unit network provide a starting point for additional expansion. The concept combines a familiar food category with a full service restaurant model and a franchise focused growth strategy.

The full service restaurant industry represents a total addressable market exceeding $300 billion each year in the United States. It is part of the broader hospitality sector and continues to benefit from changing consumer preferences and demand for curated dining experiences. Consumers continue to seek convenience with quality, while dining out remains a social activity. Interest in fresh, locally sourced, and artisanal food also supports the category. Pizza remains a widely accepted category because it can be customized, shared, and served through different formats. The pizza segment generally reports a Compound Annual Growth Rate, or CAGR, between 3% and 4%. Demand is supported by customizable meals, family friendly dining, and greater appreciation for authentic ingredients and preparation methods. These trends give a full service pizza concept access to a broad customer base seeking value beyond basic food service. The category also leaves room for menu changes and adjustments to service delivery. Competition is intense, so brands need to distinguish themselves through food quality, service, and the dining environment. Crust Pizza is positioned around that distinction by combining pizza with a more refined full service experience.

A buyer evaluating Crust Pizza should plan for an initial investment from $679,050 to $1.21 million. Specific amounts for the franchise fee, royalty, and advertising fee are not publicly disclosed. The stated investment range reflects the capital required to establish a full service Crust Pizza restaurant. It generally includes leasehold improvements for converting a raw space into a branded location, specialized kitchen equipment, furnishings, opening food and beverage inventory, training for the franchisee and management team, grand opening marketing, and working capital for the first months of operation. For comparison, initial investments in the broader full service restaurant category can range from $500,000 to more than $2 million. Crust Pizza therefore falls within the investment levels commonly associated with a restaurant requiring substantial infrastructure and operating capability. Specific liquid capital and net worth requirements are not provided, so each investor should assess personal resources against the full investment range and maintain reserves for unexpected operating needs. Ownership costs extend beyond the initial outlay. A buyer should also model rent, labor, food, utilities, and recurring royalty and advertising fees when those amounts are disclosed. The total commitment reflects the cost of opening and operating a full service restaurant designed to provide the Crust Pizza dining experience.

Crust Pizza’s operating model is supported by its Cypress, TX headquarters and is built around a consistent full service dining experience. A franchisee’s routine may include managing kitchen operations, monitoring customer service, supervising employees, and carrying out local marketing. The concept centers on artisanal pizza, a broader full service menu, and an inviting dining room. Staffing for a typical location may include a general manager, kitchen manager, head chef, line cooks, waitstaff, bartenders, and host or hostess positions. That structure requires a franchisee who can lead a team and manage human resources. Locations generally use a traditional brick and mortar restaurant format and may occupy 2,000 to 4,000 square feet. The space is intended to serve dine in customers while supporting efficient takeout service. Initial training is expected to cover culinary techniques, operating procedures, customer service, marketing, and administrative work. Training may take place at the Cypress, TX headquarters or at a designated training location. Continuing corporate support includes operational audits, marketing campaign development, supply chain assistance, and menu development. New territories are likely structured to support market coverage while limiting cannibalization of existing units, using demographic information and traffic patterns as part of the analysis. Specific multi unit requirements are not detailed. Still, the Loan Activity Score of 67 and franchise centered growth approach indicate a possible path for qualified franchisees who want to add Crust Pizza locations over time.

This limits the earnings information available to a prospective buyer and makes independent review of the opportunity especially important. Industry benchmarks can provide context, although they are not forecasts for Crust Pizza. Food costs commonly represent 25% to 35% of revenue. Labor costs commonly represent 25% to 35%, while occupancy costs commonly represent 5% to 10%. Crust Pizza has 16 active franchised locations recorded in the PeerSense database, along with associated Google ratings. A prospective franchisee can use those locations for local market research by reviewing foot traffic, customer feedback, and general market reception. The Loan Activity Score of 67 is an additional indicator of sentiment and operating health within the franchise system. It may suggest that franchisees generally view the support and business model positively, but it does not replace location specific financial analysis or create an earnings claim. Buyers should combine industry data with their own model of expected expenses, market conditions, and operating performance when assessing the investment.

Crust Pizza is still in an emergent stage of its development, with a stated focus on expanding within the full service restaurant market. The system has 18 total units, including 16 franchised locations and zero company owned locations. That mix reflects a franchise first model rather than expansion through corporate stores. The current unit count suggests measured growth with attention to franchisee support instead of rapid corporate expansion. The Loan Activity Score of 67 provides another indication of the system’s operating foundation and internal sentiment. Specific net new unit figures for recent periods are not detailed. The 16 franchised units tracked in the PeerSense database nevertheless provide an operating base from which the brand can seek further growth. Recent priorities may include improving operating efficiency, adding to the menu, and strengthening marketing for current and future locations. Crust Pizza’s competitive position is tied to its full service dining format, high quality ingredients, artisanal preparation, and community focused atmosphere. The brand is also expected to use digital tools suited to current restaurant operations. These may include online ordering systems, loyalty programs, and targeted digital marketing campaigns. Such tools can support customer retention, ordering convenience, and operating efficiency. Together, the franchise focused growth plan, operating base, and product and service positioning give Crust Pizza a way to compete in the full service pizza category.

The right Crust Pizza franchisee will need an entrepreneurial approach, operating ability, and a genuine interest in hospitality. A full service restaurant requires strong leadership, experience managing teams, and consistent attention to customer service. Background in restaurant management or ownership would be useful, although training from the Cypress, TX headquarters is intended to provide franchisees with the required business and operating knowledge. Local involvement also matters. A franchisee will need to build relationships with customers and employees and support marketing efforts in the surrounding community. Specific multi unit expectations are not stated. The franchise centered growth model and Loan Activity Score of 67 indicate that the brand may be interested in franchisees who have the capacity and ambition to develop multiple locations in a designated territory. Operating several units can increase market coverage and create efficiencies of scale for the owner. Available territories are likely to expand as Crust Pizza grows beyond its current 18 unit footprint. Market analysis is expected to guide site selection, with attention to visibility and demographic fit. The period from signing a franchise agreement to opening a restaurant can vary based on real estate, permits, construction, and training. For a full service concept, the general range is 9 to 18 months. The agreement terms are not specified, but they would generally follow industry practices for a long term franchise relationship, including a multi year initial term and renewal options. Those provisions are intended to support continuity between the franchisee and the Crust Pizza corporate team while preserving brand standards.

Crust Pizza offers a franchise opportunity in the full service restaurant sector, supported by 18 total units and 16 franchised locations. Its zero company owned locations show a clear focus on franchise based growth, while the Cypress, TX headquarters provides corporate support for the system. The investment range of $679,050 to $1.21 million is a substantial capital requirement, but it is consistent with the infrastructure needed for a full service restaurant. The concept addresses the more than $300 billion United States full service restaurant market and the pizza segment that exceeds $47 billion annually. Pizza demand has continued to grow at approximately 3% to 4% per year, while customers continue to value quality, experience, convenience, and flexible meal choices. Crust Pizza supports its model through training, ongoing operating guidance, a full service format, artisanal preparation, and a community oriented dining environment. A qualified buyer with hospitality experience or strong management ability may find a structured path to ownership, particularly if the goal is to develop multiple locations. Buyers should still complete independent financial modeling, review available unit and market information, and assess whether the required capital and operating responsibilities fit their resources. PeerSense provides independent franchise intelligence for buyers reviewing the Crust Pizza opportunity. PeerSense is a commercial capital advisory firm that introduces franchise buyers to SBA and conventional lenders, and it is not a lender.

Loan Activity Score

67/100

SBA Default Rate

0.0%

Active Lenders

9

According to its Franchise Disclosure Document or public business records, Crust Pizza has 16 locations, all owned by franchisees. Public SBA loan records show 9 lenders made 20 loans to franchisees of Crust Pizza. PeerSense calculates Crust Pizza's score as 67 out of 100, using public SBA loan performance and recent lending activity.

16 locations

Investment

$679,050 to $1.2M

Total Units

16

16 franchised

Loan Activity Score
High
67
SBA Lending
25
Lender Quality
5
Transparency
4
Reach
4
Momentum
29

Proprietary PeerSense metric

Strong
Capital Sources
9SBA lenders

Distinct lenders in public SBA records for Crust Pizza

20

Total SBA loans

$894K

Average loan size

Source: public SBA 7(a) and 504 loan records through December 31, 2025

Referral fee at closing

SBA Lending Activity for Crust Pizza

Loan Activity Score Breakdown

Growing (10 to 24 loans)

High Confidence
67out of 100
Strong
Market Momentum29/35

Are lenders increasingly or decreasingly funding this brand? Growing trends score highest.

Loan Safety25/25

Blended default rate (recent + all time) compared to NAICS sector peers.

Lender Confidence5/15

Quality lenders actively backing this brand, with penalty for lender pullback.

Transparency4/15

FDD availability, Item 19 disclosure, and overall data completeness.

Footprint4/10

Geographic spread of SBA funded locations across states.

SBA Lending Performance

SBA Default Rate

0.0%

vs 10.3% peer avg

SBA Loans

20

Total Volume

$17.9M

Active Lenders

9

States

2

vs. SBA Sector Average

+10.3%lower default rate

SBA loan default rate vs. all franchises in the same NAICS sector, not limited to direct competitors

Key Highlights

Low SBA default rate (0.0%)
Growing lender activity

Data Insights

Key performance metrics for Crust Pizza based on SBA lending data

SBA Default Rate

0.0%

10.3% below peer avg

SBA Loan Volume

20 loans

Across 9 lenders

Lender Diversity

9 lenders

Avg 2.2 loans per lender

Investment Tier

Premium investment

$679,050 to $1,209,060 total

Crust Pizza: 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

2025

7 approvals. The best year on record for Crust Pizza.

Top SBA State

Texas

18 SBA financed Crust Pizza locations, the densest operator footprint.

Average Loan Size

$894K

Median $911K. Use as a sizing anchor when modeling your own Crust Pizza unit.

Lender Concentration

65%

Concentrated

Share of Crust Pizza approvals captured by the top 3 SBA lenders.

Crust Pizza's SBA lending pipeline peaked in 2025 (7 approvals). The last five fiscal years account for 100% of cumulative volume ($18M approved). Operator density is highest in Texas with 18 SBA financed locations. Average funded ticket sits at $894K, with the median at $911K. Lender mix is concentrated: the top three SBA lenders account for 65% of approvals. Credit decisions concentrate with a small group of incumbents.

Payment Estimator

Loan Amount$543K
Interest Rate9.5%
Term (Years)10 yr

Estimated Monthly Payment

$7,029

Principal & Interest only

Indicative only, as of October 1, 2026. Not a quote, commitment or offer of credit. Final pricing, leverage and terms are determined by the lender at underwriting, after full transaction materials are reviewed. PeerSense sources the file. The lender sets pricing. What these terms mean.

Locations

Crust Pizza, unit breakdown

Total Units
N/A
Franchisee Owned
n/a
System Owned
n/a
Closed
n/a

Explore Funding for Crust Pizza

Our business financing consultants help connect you with the right lending partners. Referral fee paid at closing.

Optional: checking the consent box lets us call or text you about your funding. You can still submit without it.

Referral fee at closing

Or get an instant analysis

Scan Your Deal Instantly
Crust Pizza

Page Review

Reviewed by Edward L. Freeman, Founder and Managing Director, PeerSense

  • PeerSense is a capital advisory firm that places commercial financing with direct capital sources; it does not lend, fund, or approve loans, and the capital source sets final terms.
  • Edward L. Freeman founded PeerSense in January 2020.
  • He is a Registered Franchise Consultant with Business Alliance, Inc., a credential issued in March 2022, and worked as a franchise consultant there from March 2022 to May 2023.
  • His recorded experience includes a $22 million SBA construction loan, with about $16 million funded on the deal.
  • In the 12 months through September 30, 2026, PeerSense tracked 912 publicly announced financings with a disclosed size of $361.32 billion. PeerSense Capital Data Report · Methodology page

Last reviewed LinkedIn profileAbout Edward Freeman