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Idaho Pizza Company

Idaho Pizza Company

The total investment to open a Idaho Pizza Company franchise ranges from $65,230 to $578,200.

What is the Idaho Pizza Company franchise?

Idaho Pizza Company was founded in September 1998 by Don Cantrell, whose pizza career began at age 16 as a busboy for a California pizza franchise. After more than 27 years in that system, including ownership and operation of nine franchised restaurants in Idaho and Washington, Cantrell created his own concept around local identity, Idaho sourced ingredients, and family friendly full service dining. On July 1, 2007, he retired and sold the system to John and Leah McNicholl and their children Justin, Chrissy, Craig, and Lorana. The family had operated Idaho Pizza restaurants in Meridian, Nampa, and Caldwell since 1999. Today, the brand has 7 active units, including 5 franchised locations, with the remaining units reflecting company involvement. It employs more than 300 local Idaho families and buys flour and cheese directly from Idaho producers, representing approximately 32% of total food product purchasing. The company operates within the $46.9 billion U.S. pizza industry and maintains a deliberately focused presence in Idaho rather than pursuing broad national expansion.

The global pizza industry was valued at approximately $225.61 billion in 2025 and is projected to reach $307.01 billion by 2032, with a compound annual growth rate of 4.5%. Another estimate places the 2025 market at $209.75 billion and projects a 7.2% CAGR through 2032, implying a market approaching $341.25 billion. North America held approximately 40.2% of global pizza market share in 2025. Full service restaurants, the category in which Idaho Pizza Company competes, were estimated to hold 43.6% of global pizza market share that year. Non vegetarian pizza was projected to represent 62.5% of global share, while thick crust products were projected to account for 34.6% of global market volume. In Idaho, full service restaurants generated an estimated $2.76 billion in direct economic output in 2025 and employed more than 28,500 people, or 3% of total state employment. Idaho's full service restaurant count grew 25.3% from 2014 to 2024, compared with national growth of 13.5%, while the state's population grew 22.6%. Idaho's chain restaurant market is projected to reach $994.2 million in 2026, after averaging annual growth of 12.3% between 2020 and 2025.

The Idaho Pizza Company franchise investment ranges from $65,230 to $578,200. The spread reflects differences in format, construction needs, and location conditions within Idaho. Comparable mid tier pizza franchises commonly require total investments from $286,000 to $807,000, with franchise fees generally ranging from $25,000 to $35,000. The lower Idaho Pizza Company figure may fit a conversion of an existing restaurant space rather than a new construction project. The $578,200 upper figure is close to investment levels for mid tier full service pizza brands nationally. The brand has a PeerSense Loan Activity Score of 40, classified as Fair. Buyers should treat the score as one evaluation point rather than a final decision, since limited data can understate the performance of a regional brand with strong community recognition.

An Idaho Pizza Company restaurant uses a full service model, requiring management of front of house employees, kitchen staff, and delivery operations. The company employs over 300 people across its 16 restaurant operating history in Idaho, implying approximately 18 to 22 employees per location when part time schedules and service across lunch, dinner, and weekend periods are considered. The McNicholl family attributes its operating approach to dedication to employees and customers, hard work, enthusiasm, and consistent product quality. The company describes its franchisee support commitment as a Pledge to You and presents the franchisor as a partner that provides tools for location operations. Idaho flour and cheese account for 32% of food product purchasing, supporting both the supply model and the brand's local positioning. The franchise operates exclusively in Idaho, so territory and growth discussions are limited by the state's geography and population centers. Its family operated headquarters gives franchisees direct access to owner operators rather than a remote corporate structure, which may affect responsiveness and relationship quality.

Public operating information shows growth from 14 locations in June 2014 to a reported peak of 16, while the PeerSense database currently reflects 7 active units. The difference between the peak and current count should be examined with the franchisor. Local brands in growing markets such as Idaho's Treasure Valley may benefit from less competition from national delivery only brands, higher average tickets than counter service restaurants, and community loyalty. Idaho's chain restaurant sector is growing at 12.3% annually, and state population increased 22.6% over the last decade. Idaho Pizza Company revenue potential remains a due diligence issue requiring discussions with franchisees and review of complete FDD financial statements.

Idaho Pizza Company's growth has centered on regional development rather than aggressive national expansion. The McNicholl family opened locations in Meridian, Nampa, and Caldwell in 1999, creating a Treasure Valley concentration that follows Idaho's population distribution. By June 2014, the system had reached 14 locations and was planning an Eagle location and a second Nampa location, which would have brought the count to 15 and 16. The company was also developing a gluten free crust option reported in 2014. Its competitive position rests on 26 years of Idaho brand history, local sourcing, and family ownership. Competing brands have announced franchise expansion agreements aimed at Boise, Eagle, and Meridian, validating demand while increasing competitive pressure. The company's more than 300 local family jobs, sourcing practices, and 26 year operating history are established assets, though investors should assess whether they will remain sufficient as better capitalized regional and national brands expand in Idaho.

The likely franchisee profile is an owner operator who is prepared to manage a full service restaurant and participate in the community. The McNicholls provide the clearest example. They entered the system as franchisees in 1999, operated three locations for eight years, and then purchased the franchise system. Restaurant management experience, comfort with daily operating responsibilities, and alignment with Idaho's local economy may help a franchisee fit the brand. The available disclosure materials do not specify the franchise agreement term length. Buyers should review the complete FDD for renewal terms, transfer rights, and resale conditions. Potential territories in the Treasure Valley, Boise metro, and southern Idaho corridor may offer the most logical expansion opportunities, particularly where the state's 22.6% population growth has been concentrated. The $65,230 to $578,200 investment range may suit owner operators with restaurant experience who can manage the format's complexity.

Idaho Pizza Company offers a focused investment case for buyers interested in Idaho food service and a locally rooted operating model. The brand participates in a global pizza market valued at over $225 billion in 2025, while Idaho's chain restaurant sector is growing at 12.3% annually. Its $65,230 to $578,200 investment range is competitive with full service pizza franchises, and its 26 year history, local sourcing, and family ownership distinguish the concept. Buyers should spend substantial time speaking with the franchisor and current franchisees before committing capital. PeerSense provides franchise due diligence information that includes SBA lending history, Loan Activity Scores, location maps with Google ratings, FDD financial data, and comparison tools. These resources allow buyers to compare Idaho Pizza Company with other pizza franchises by investment level, unit economics, support, and growth history.

Loan Activity Score

40/100

SBA Default Rate

0.0%

Active Lenders

4

According to its Franchise Disclosure Document or public business records, Idaho Pizza Company has 6 locations, all owned by franchisees. Public SBA loan records show 4 lenders made 7 loans to franchisees of Idaho Pizza Company. PeerSense calculates Idaho Pizza Company's score as 40 out of 100, using public SBA loan performance and recent lending activity.

Franchising since 1999 · 6 locations

Investment

$65,230 to $578,200

Total Units

6

6 franchised

Loan Activity Score
Medium
40
SBA Lending
25
Lender Quality
5
Transparency
4
Reach
3
Momentum
3

Proprietary PeerSense metric

Fair
Capital Sources
4SBA lenders

Distinct lenders in public SBA records for Idaho Pizza Company

7

Total SBA loans

$183K

Average loan size

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

Referral fee at closing

SBA Lending Activity for Idaho Pizza Company

Loan Activity Score Breakdown

Emerging (3 to 9 loans)

Medium Confidence
40out of 100
Fair
Market Momentum3/35

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.

Footprint3/10

Geographic spread of SBA funded locations across states.

SBA Lending Performance

SBA Default Rate

0.0%

vs 10.3% peer avg

SBA Loans

7

Total Volume

$1.3M

Active Lenders

4

States

1

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%)

Data Insights

Key performance metrics for Idaho Pizza Company based on SBA lending data

SBA Default Rate

0.0%

10.3% below peer avg

SBA Loan Volume

7 loans

Across 4 lenders

Lender Diversity

4 lenders

Avg 1.8 loans per lender

Investment Tier

Significant investment

$65,230 to $578,200 total

Idaho Pizza Company: 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

2010

4 approvals. The best year on record for Idaho Pizza Company.

Top SBA State

Idaho

8 SBA financed Idaho Pizza Company locations, the densest operator footprint.

Average Loan Size

$287K

Median $158K. Use as a sizing anchor when modeling your own Idaho Pizza Company unit.

Lender Concentration

87.5%

Concentrated

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

Idaho Pizza Company's SBA lending pipeline peaked in 2010 (4 approvals). Operator density is highest in Idaho with 8 SBA financed locations. Average funded ticket sits at $287K, with the median at $158K. Lender mix is concentrated: the top three SBA lenders account for 87.5% of approvals. Credit decisions concentrate with a small group of incumbents.

Payment Estimator

Loan Amount$52K
Interest Rate9.5%
Term (Years)10 yr

Estimated Monthly Payment

$675

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

Idaho Pizza Company, unit breakdown

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

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Idaho Pizza Company

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