Pat's Pizza
Franchising since 1950 · 2 locations
The initial franchise fee is $75,000. Pat's Pizza currently operates 2 locations (2 franchised). PeerSense FPI health score: 45/100.
$75,000
2
2 franchised
Proprietary PeerSense metric
FairActive capital sources verified for Pat's Pizza financing
SBA
7(a) Eligible
21d
Avg Funding
P+2.25%
Best Rate
No retainers · Referral fee at closing
FPI Score Breakdown
Emerging (3-9 loans)
SBA Lending Performance
SBA Default Rate
0.0%
0 of 3 loans charged off
SBA Loans
3
Total Volume
$0.4M
Active Lenders
2
States
1
What is the Pat's Pizza franchise?
The question every serious franchise investor asks before committing hundreds of thousands of dollars is deceptively simple: does this brand have the operational history, market positioning, and financial infrastructure to protect my capital and generate a return? For investors evaluating a Pat's Pizza franchise opportunity, that question requires navigating a genuinely complex landscape — multiple distinct businesses operate under the "Pat's Pizza" name across the United States, and distinguishing between them is the first act of rigorous due diligence. The database record for this profile points to a Hampden, Maine-based entity operating under the website patsselect.com, with a total of 2 franchised units and 0 company-owned locations. To understand this franchise opportunity fully, it helps to know that the Pat's Pizza brand in Maine traces its origins to July 1931, when Carl D. "Pat" Farnsworth opened Farnsworth's Cafe in Orono, Maine, initially selling ice cream and confections before evolving into a full-service restaurant. In 1953, Pat Farnsworth added pizza to the menu and the cafe was formally renamed Pat's Pizza, becoming what it proudly claims as the first pizza restaurant in the state of Maine. That original Orono location became a second home to generations of University of Maine students over the following seven decades, and Pat Farnsworth himself lived to see his creation endure until his death on February 3, 2003, at age 90. Today, the brand has grown to include locations across Maine in cities including Orono, Machias, Dover-Foxcroft, Portland, Yarmouth, Presque Isle, Brunswick, and Hampden, and the franchising arm of the business now operates with 2 active franchised units. The brand's FPI Score, as calculated by PeerSense's independent franchise performance methodology, stands at 45, which places it in the "Fair" tier — a rating that demands careful analysis rather than either dismissal or uncritical enthusiasm from prospective investors.
The pizza industry represents one of the most durable and recession-resistant categories in all of food franchising, and understanding the macro environment is essential context for evaluating any Pat's Pizza franchise investment. The U.S. pizza market alone was valued at $44 billion as of 2019, and the global pizza franchise market reached USD 155 billion in 2022, a figure that reflects the extraordinary worldwide appetite for one of the most universally consumed foods on earth. That global market is projected to expand at a compound annual growth rate of 5.9% through 2030, meaning the category will add tens of billions of dollars in additional revenue over the next several years. Several structural consumer trends are accelerating this growth simultaneously: rising demand for convenient and affordable dining options, growing popularity of delivery and takeout services (a trend that accelerated dramatically during the pandemic and has proven sticky), and increased consumer willingness to pay a modest premium for locally-rooted, authentic pizza concepts over generic national chains. This last trend is particularly relevant to Pat's Pizza, whose 1931 founding story, Maine identity, and decades-long community roots represent a form of brand authenticity that mass-market franchise chains simply cannot manufacture. The pizza franchise category is characterized by a mixed competitive dynamic — the top tier is dominated by large consolidated chains with thousands of units, while the mid-tier and regional segment remains highly fragmented, leaving meaningful market share available for well-positioned independent and regional franchise brands. Rising disposable income levels among core pizza-buying demographics, combined with the structural growth in third-party delivery platforms, continue to create demand tailwinds that benefit established local and regional pizza brands with loyal customer bases.
The Pat's Pizza franchise investment profile, as reflected in the current database record, does not publicly itemize a specific franchise fee, royalty rate, advertising contribution, total investment range, or liquid capital requirement within the data available to PeerSense at this time. Investors should note this directly and seek complete disclosure through the brand's official Franchise Disclosure Document, available through the franchising page at patsselect.com. For context and calibration purposes, it is instructive to examine what comparable pizza franchise concepts charge in the same regional and independent tier. Pat's Pizza of Chicago, a separate but comparably positioned artisan pizza franchise concept established in 1950 by Nick Pianetto Sr., publishes a total investment range of $272,000 to $515,000, a figure that covers the franchise fee, preliminary inventory, property leases, permits, a wine and beer license, and additional business necessities. Patsy's Pizzeria, the coal-oven New York concept founded in 1933 and franchising since 1995, charges an initial franchise fee of $75,000, requires a total investment of $399,000 to $766,000, carries ongoing royalties of 4% to 8% of gross sales, and sets a minimum cash requirement of $90,000. These comparable figures from similar-era, authenticity-positioned pizza concepts give prospective Pat's Pizza franchise investors a reasonable benchmark range for what to anticipate when they review the complete financial terms. A smaller regional franchise concept with 2 franchised units typically carries lower total investment requirements than a mature national brand, reflecting the earlier-stage nature of the franchise infrastructure, but investors should verify all financial obligations in writing through the FDD before making any commitments.
Daily operations for a Pat's Pizza franchise reflect the brand's roots as a full-service community pizzeria rather than a quick-service or fast-casual concept. The original Pat's Pizza format in Maine was built around dine-in family dining, with a menu that evolved from ice cream and confections in 1931 to a full pizza and restaurant offering by 1953 — a 22-year operational evolution that produced a deeply community-integrated dining experience. For a franchisee, this translates to managing a full-service or limited-service restaurant operation that requires kitchen staff, front-of-house personnel, and potentially delivery drivers, making it a more labor-intensive model than kiosk or counter-service pizza concepts. The staffing model for regional pizza operations of this type typically requires between 8 and 20 employees depending on volume and format, with labor costs representing one of the most significant ongoing operational expenses. The brand's franchising page at patsselect.com indicates that franchise opportunities are available, and the corporate infrastructure supporting those 2 current franchised locations provides the framework for training and onboarding. Employee reviews across various Pat's Pizza locations describe the work environment as a good atmosphere with caring management, and operational feedback suggests that scheduling and employee relations are managed thoughtfully, which is a meaningful indicator of the operational culture a franchisee would be joining. The Maine-origin brand's identity as a community institution — one that has served University of Maine students since 1931 and maintained locations across eight Maine communities — suggests an operating model built on local loyalty, consistent product quality, and deep community integration rather than aggressive systemization or high-volume throughput.
Item 19 financial performance data is not disclosed in the current Franchise Disclosure Document for Pat's Pizza. This is an important fact for prospective investors to process with clear eyes: without Item 19 disclosure, there are no franchisor-verified average revenue, median revenue, or top and bottom quartile performance figures available through official channels. Approximately half of all franchise systems in the United States choose not to disclose Item 19 financial performance representations, making this absence common but still consequential for investors trying to model returns before committing capital. In the absence of Item 19 data, investors should pursue several independent research paths. The U.S. pizza industry provides useful benchmark context: a well-positioned regional pizza restaurant generating $500,000 to $1,000,000 in annual revenue is a reasonable industry range for independent and regional pizza concepts, though actual performance will depend heavily on location, local competition, and operational execution. With only 2 franchised units currently in operation, the Pat's Pizza franchise system is in a demonstrably early stage of franchise growth, which creates both opportunity and risk — early-stage franchisees in eventually successful systems can benefit from favorable territory selection and direct access to corporate leadership, but they also accept the uncertainty of a less-proven support infrastructure. The PeerSense FPI Score of 45, categorized as "Fair," reflects this early-stage reality and signals that investors should conduct thorough independent financial modeling using local market data, competitive analysis, and direct conversations with existing franchisees before projecting returns.
The growth trajectory of the Pat's Pizza franchise system is at an early and pivotal stage. With 2 total units, both franchised and none company-owned, the brand is building its franchise network from a foundation of deep operational history — 90-plus years of running pizza restaurants in Maine — rather than from a recently launched corporate concept. The broader Maine Pat's Pizza chain has demonstrated the ability to sustain and grow multiple locations across a geographically dispersed state, with active restaurants in Orono, Machias, Dover-Foxcroft, Portland, Yarmouth, Presque Isle, Brunswick, and Hampden as of early 2026. That existing multi-location operational history is a meaningful competitive asset, because it proves the brand can execute consistently across different Maine markets and demographics. The Pat's Pizza brand's competitive moat is rooted in its authentic origin story — founded in 1931, the first pizza restaurant in Maine, intrinsically tied to the University of Maine community, and carrying more than nine decades of brand recognition among Maine residents — rather than in proprietary technology or national scale. For franchise investors evaluating regional food brands, this kind of deeply embedded local identity creates customer loyalty that is extremely difficult for newer or outside competitors to replicate. The 5.9% projected CAGR for the global pizza franchise market through 2030 creates a rising-tide environment in which even modestly positioned pizza franchise brands can capture incremental revenue growth, and a brand with Pat's Pizza's historical depth is well-positioned to benefit from the consumer trend toward locally authentic dining experiences over generic national alternatives.
The ideal Pat's Pizza franchise candidate is a community-oriented entrepreneur with genuine roots in or connection to a Maine market, or a market where the brand's authentic New England identity will resonate strongly with consumers. Given the full-service nature of the Pat's Pizza operating model, franchisees with prior restaurant management experience, familiarity with kitchen operations, or a background in food service will be better positioned to execute successfully than those coming from purely outside-the-industry backgrounds. The brand's 2-unit franchise system suggests that corporate leadership is likely working closely with each franchisee individually, creating an environment where the quality of the franchisor-franchisee relationship matters considerably — prospective owners should prioritize direct conversations with the existing franchisees and corporate team during their due diligence process. Available territories within Maine and potentially adjacent New England markets represent the most natural expansion geography given the brand's established identity, though the franchising website at patsselect.com should be consulted for the most current territory availability information. The timeline from franchise agreement signing to store opening for a full-service pizza restaurant concept typically ranges from 6 to 18 months depending on real estate availability, build-out requirements, and permitting timelines — a factor investors should incorporate into their capital planning. The multi-decade operational history of the parent brand gives franchisees access to recipes, operational systems, and supplier relationships that have been refined over more than 90 years, which is a genuine advantage that newer concepts cannot offer.
PeerSense provides the independent franchise research infrastructure that serious investors need to evaluate a Pat's Pizza franchise opportunity with full confidence and complete information. The Pat's Pizza franchise, with its extraordinary 1931 founding history, its identity as Maine's first pizza restaurant, its active presence across eight Maine communities, and its current 2-unit franchised network, represents an early-stage franchise opportunity within one of the most durable and growing food categories in the American economy. The global pizza franchise market's trajectory toward sustained 5.9% annual growth through 2030, combined with strong consumer demand for authentic, locally-rooted pizza dining experiences, creates a genuinely favorable macro backdrop for a regional concept with Pat's Pizza's depth of brand history. At the same time, the FPI Score of 45, the absence of Item 19 financial performance disclosure, and the early-stage unit count are factors that require careful independent analysis rather than assumption. 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 Pat's Pizza against comparable regional pizza franchise concepts across every relevant financial and operational dimension. The investment thesis for Pat's Pizza rests on the convergence of a proven operational history spanning more than nine decades, a deeply loyal regional consumer base, a growing industry tailwind, and the ground-floor opportunity that comes with entering a franchise system at an early stage of its growth trajectory. Explore the complete Pat's Pizza franchise profile on PeerSense to access the full suite of independent franchise intelligence data.
FPI Score
45/100
SBA Default Rate
0.0%
Active Lenders
2
Key Highlights
Franchise Financing Resources
Data Insights
Key performance metrics for Pat's Pizza based on SBA lending data
SBA Default Rate
0.0%
0 of 3 loans charged off
SBA Loan Volume
3 loans
Across 2 lenders
Lender Diversity
2 lenders
Avg 1.5 loans per lender
Payment Estimator
Estimated Monthly Payment
$5,176
Principal & Interest only
Locations
Pat's Pizza — unit breakdown
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