Jimmy's Pizza - Franchise Agre
The total investment to open a Jimmy's Pizza - Franchise Agre franchise ranges from $81,500 to $247,000. The initial franchise fee is $18,500. Ongoing royalties are 3.8%.
What is the Jimmy's Pizza - Franchise Agre franchise?
Jimmy's Pizza Franchise Agre is the franchise agreement vehicle associated with Jimmy's Pizza Inc., a Midwestern brand founded by Jim and Jana Gordon on January 3, 1986, in a small northern Minnesota town. The company grew from one store to eight through family involvement before becoming federally franchised in 1996. James Gordon, founder and CEO, has led more than three decades of Midwestern growth. As of September 2016, the brand had 43 locations across the Mid West: 22 full service Jimmy's Pizza locations, 4 privately owned locations, 10 Jimmy's Pizza Express locations, and 7 supermarket locations. The opportunity falls within Limited Service Restaurants, a category that generated $315.1 billion in U.S. revenue in 2024. Buyers should assess the brand, its market, and its unit economics independently.
The global pizza industry is forecast to reach $222.5 billion, with a compound annual growth rate of 4.5% through 2032. The U.S. pizza market was valued at $46.9 billion in 2022. Globally, Limited Service Restaurants reached $1.2 trillion in 2024 and are projected to reach $1.4 trillion by 2030, reflecting a CAGR of 3.2%. The U.S. limited service segment was valued at $315.1 billion in 2024, while combined global fast food value is forecast to reach approximately $2.09 trillion by 2035, with a domestic CAGR of 5.0% from 2025 to 2035. Delivery and takeout sales across limited service restaurants rose by over 20% in one year. Jimmy's Pizza was founded to serve small towns that lacked dependable pizza delivery, and convenience, digital ordering, repeat purchases, emotional brand attachment, and relatively low price sensitivity continue to support the category.
The initial franchise fee is up to $18,500. Total initial investment ranges from $81,500 to $247,000, with differences tied to format, buildout, equipment, and Midwest market conditions. Working capital is estimated at $5,000 to $25,000 and is included in that investment range. The company's 2016 FDD reported no specific advertising fees. The initial franchise agreement lasts 10 years, with a renewal term of another 10 years. The company does not provide direct financing support, although affordability calculator guidance may be available. SBA eligible investments in this range frequently qualify for 7(a) loan programs, which buyers can discuss with a qualified lender.
Jimmy's Pizza uses several formats: traditional full service restaurants, Jimmy's Pizza Express locations, supermarket locations, and privately operated stores. Express launched as a formal expansion strategy in 2012 and is designed for convenience stores, arenas, and food courts, offering a limited menu for carryout and delivery within existing high traffic venues. Initial training totals 80 hours, including 22 classroom hours and 58 hours of on the job training. The company describes its training and support as designed to help owners run a successful business. Staffing needs differ by format, with full service restaurants generally requiring larger teams than Express and supermarket locations. The typical structure is owner operator, especially during the early years. Territory and exclusivity terms are set by the franchise agreement and should be reviewed closely, particularly in small town Midwestern markets where population density affects revenue potential.
The U.S. pizza industry generated $46.9 billion in 2022 across tens of thousands of locations, though actual unit results vary by market size, operator quality, format, and competition. Earnings depend on investment relative to sales, local demand, labor costs, and occupancy costs. Express locations may reduce occupancy exposure by using existing retail venues. During due diligence, buyers should request franchisee contact information through Item 20 and speak directly with operators about revenue and expenses.
Jimmy's Pizza grew from one location on January 3, 1986, to 43 locations as of September 2016, averaging roughly one net new location per year over its 30 year operating history. In 2015, Jimmy's Pizza Inc. acquired Bonita's Frozen Pizza Factory, a family owned operation in Hatton, North Dakota, with over 25 years of production history. The acquisition added in house manufacturing of Jimmy's Pizza frozen products alongside Bonita's existing product portfolio, supporting quality control and reducing input cost volatility. The 2012 introduction of Jimmy's Pizza Express opened opportunities in convenience stores, arenas, and food courts with lower capital needs and additional revenue channels. The brand's position in Midwestern small towns rests on early presence in underserved delivery markets, community recognition, and its production capability through Bonita's. Third party delivery and app based ordering are changing the market, while expansion into additional Midwestern areas and non traditional venues remain stated growth directions.
The intended franchisee is an owner operator with community ties, an interest in food service management, and the ability to run a small to mid size restaurant or food service business. Restaurant experience can help, but it is not required because the training program includes 22 classroom hours and 58 hands on hours. Candidates familiar with small town and rural Midwestern markets may be well positioned to build local demand. The $81,500 to $247,000 investment range and franchise fee of up to $18,500 may provide an entry point for first time franchise buyers. Multi unit development is possible, and the original company grew from one store to eight through family involvement. The 10 year initial term and 10 year renewal option provide time to develop the business. Buyers should study population, competing restaurants, delivery infrastructure, and working capital needs, including the estimated $5,000 to $25,000 range.
Jimmy's Pizza Franchise Agre combines a business that began on January 3, 1986, a delivery focused model for underserved small towns, a 3.8% royalty, and an initial investment of $81,500 to $247,000. The franchise fee is up to $18,500, and the 2012 Jimmy's Pizza Express launch and 2015 Bonita's Frozen Pizza Factory acquisition mark key developments. PeerSense rates the franchise's Loan Activity Score at 43, categorized as Fair. PeerSense provides due diligence information that includes SBA lending history, Loan Activity Score, location maps with Google ratings, FDD financial data, and comparison tools for reviewing this opportunity against other Limited Service Restaurant franchises. The broader market includes projected pizza industry growth to $222.5 billion at a 4.5% CAGR through 2032 and a delivery and takeout increase of over 20% in one year. Buyers should use these figures alongside the FDD, territory terms, operator conversations, and their own financial review.
Loan Activity Score
43/100
SBA Default Rate
0.0%
Active Lenders
1
According to its Franchise Disclosure Document or public business records, Jimmy's Pizza - Franchise Agre has 1 location, all owned by franchisees. Public SBA loan records show 1 lender made 1 loan to franchisees of Jimmy's Pizza - Franchise Agre. PeerSense calculates Jimmy's Pizza - Franchise Agre's score as 43 out of 100, using public SBA loan performance and recent lending activity.
Franchising since 1986 · 1 location
$81,500 to $247,000
$18,500
1
1 franchised
Proprietary PeerSense metric
FairDistinct lenders in public SBA records for Jimmy's Pizza - Franchise Agre
1
Total SBA loans
$145K
Average loan size
Source: public SBA 7(a) and 504 loan records through December 31, 2025
Referral fee at closing
SBA Lending Activity for Jimmy's Pizza - Franchise Agre
Loan Activity Score Breakdown
New or niche (1 to 2 loans)
Are lenders increasingly or decreasingly funding this brand? Growing trends score highest.
Blended default rate (recent + all time) compared to NAICS sector peers.
Quality lenders actively backing this brand, with penalty for lender pullback.
FDD availability, Item 19 disclosure, and overall data completeness.
Geographic spread of SBA funded locations across states.
SBA Lending Performance
SBA Default Rate
0.0%
vs 10.3% peer avg
SBA Loans
1
Total Volume
$0.1M
Active Lenders
1
States
1
vs. SBA Sector Average
SBA loan default rate vs. all franchises in the same NAICS sector, not limited to direct competitors
Key Highlights
Franchise Financing Resources
Data Insights
Key performance metrics for Jimmy's Pizza - Franchise Agre based on SBA lending data
SBA Default Rate
0.0%
10.3% below peer avg
SBA Loan Volume
1 loans
Across 1 lender
Lender Diversity
1 lender
Avg 1.0 loans per lender
Investment Tier
Mid range investment
$81,500 to $247,000 total
Jimmy's Pizza - Franchise Agre: 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
2022
1 approval. The best year on record for Jimmy's Pizza - Franchise Agre.
Top SBA State
Minnesota
1 SBA financed Jimmy's Pizza - Franchise Agre locations, the densest operator footprint.
Average Loan Size
$145K
Median $145K. Use as a sizing anchor when modeling your own Jimmy's Pizza - Franchise Agre unit.
Lender Concentration
100%
Concentrated
Share of Jimmy's Pizza - Franchise Agre approvals captured by the top 3 SBA lenders.
Jimmy's Pizza - Franchise Agre's SBA lending pipeline peaked in 2022 (1 approval). The last five fiscal years account for 100% of cumulative volume ($145K approved). Operator density is highest in Minnesota with 1 SBA financed locations. Average funded ticket sits at $145K, with the median at $145K. Lender mix is concentrated: the top three SBA lenders account for 100% of approvals. Credit decisions concentrate with a small group of incumbents.
Payment Estimator
Estimated Monthly Payment
$844
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
Jimmy's Pizza - Franchise Agre, unit breakdown
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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