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Pier 49 Pizza

Pier 49 Pizza

The total investment to open a Pier 49 Pizza franchise ranges from $39,750 to $139,900.

What is the Pier 49 Pizza franchise?

Pier 49 Pizza, formally Pier 49 San Francisco Style Sourdough Pizza, is a Utah rooted craft pizza concept built around sourdough crust fermented overnight from scratch. The first oven opened in Salt Lake City, Utah, in 1991. Co founder Mike Dicou, then a high school soccer coach, helped develop a crust designed to resist becoming soggy under sauce. The first franchise outside Salt Lake City opened in Logan, Utah, followed by growth into Idaho, Arizona, Nevada, and Colorado. Records from 1996 also show locations in California, Hawaii, and Canada before the brand concentrated on the intermountain West. Current data lists 21 restaurants, including 7 franchised units and 4 additional units, with headquarters in Springville, Utah. Pier 49 serves the limited service restaurant market with gourmet sourdough pizza priced above fast food but accessible to families. The U.S. pizza industry is valued at $46.9 billion, and regional brands with distinct processes and origin stories are benefiting from consumer interest in craft products.

The global pizza market was valued at $282.91 billion in 2025 and is projected to reach $340.91 billion by 2034 at a compound annual growth rate of 5.90%. Another model places global pizza restaurant revenue at $211.07 billion in 2024 and projects $408.73 billion by 2035 at a CAGR of 6.19%. North America represented an estimated 39.13% to 40.2% of the global market in 2025. U.S. consumers spent about $42.1 billion at quick service pizza restaurants in 2024, up nearly two percent from $41.3 billion the prior year. Demand for gourmet ingredients, organic toppings, gluten conscious alternatives, and globally influenced flavors is changing menus. Fast casual dining supports higher prices when customers receive a better product quickly. Kiosks, mobile ordering, and delivery integrations are changing operations and customer acquisition. Rising health concerns about fast food and supply chain pressures that compressed margins through the first half of 2025 remain market restraints.

The Pier 49 Pizza franchise investment ranges from $39,750 to $139,900. Comparable nationally recognized pizza franchises generally begin at $273,000 and can exceed $412,000, with minimum net worth requirements of $600,000 to $750,000 and liquidity requirements of $200,000 to $350,000. Pier 49’s stated range is roughly 70% to 85% below the category average for established pizza franchises. Actual costs can vary with geographic construction costs, conversion of an existing food service space, new construction, equipment, permitting, and local requirements. The company describes a relatively low investment and competitive product costs, and says equipment, inventory, training, manuals, site selection, layout and design, suggested pricing, and ongoing operating support are included in the franchise opportunity.

The operating model depends on daily sourdough preparation and overnight fermentation, rather than premade dough or refrigerated supply inputs. Franchisees and staff must follow consistent production schedules. The menu includes 15 to 17 specialty gourmet pizzas, dozens of fresh toppings, appetizers, salads, and oven baked sandwiches. Company described support includes training, manuals, startup assistance, site selection, layout and design guidance, equipment sourcing, initial inventory, suggested pricing, operational support, corporate site visits, and group purchasing. The brand says it can move franchisees up to speed and onto the entrepreneurial track in a short time, although training length and curriculum are not publicly disclosed. In Springville, Utah, Wes Harris and his family took over in May 2021 after a kitchen remodel and a February 2021 reopening. Their location added live music, paint nights, Dungeons and Dragons events, PTA fundraisers, academic support for students, and make your own pizza nights. New ownership at the Provo, Utah location in 2024 revived Apple Beer soda and arcade games. These examples show room for local programming within the broader brand system.

The PeerSense Loan Activity Score for Pier 49 Pizza is 54, classified as Moderate. Buyers should speak with existing operators and review the complete FDD with a qualified franchise attorney.

Pier 49 expanded into California, Hawaii, and Canada by 1996, then consolidated around Utah, Idaho, Arizona, Nevada, and Colorado. The system has 21 pizza restaurants, while 2008 data shows 18 Utah locations from Logan to St. George. Current Utah opportunities include Murray, American Fork, Springville, Provo, and Providence. The brand describes new locations as opening every month, reflecting development within established markets. Its main points of distinction are a sourdough recipe developed through research since 1991 and prepared daily, a San Francisco themed atmosphere with landmark inspired pizza names, and a satisfaction promise to make it right for an unsatisfactory customer experience. The 15 to 17 specialty pizzas, custom creations, gourmet sauces, and premium cheeses place the concept in the fast casual gourmet segment. Springville and Provo also show how local programming can support retention. Indeed.com reports an overall culture rating of 3.7 out of 5 stars and work life balance of 3.8 out of 5. Compensation is rated 2.6 out of 5, making wage competitiveness a consideration for franchisees.

The strongest fit is likely an owner operator who can oversee daily sourdough production, local marketing, and community relationships. Food service, retail, or customer service management experience may help, but the founding story also shows the value of experimentation, persistence, and process discipline. The available territories in Murray, American Fork, Springville, Provo, and Providence, Utah, are within the Wasatch Front corridor, where population growth, household formation, and dining spending have outpaced national averages. The $39,750 starting investment may appeal to first time franchise investors who do not meet the $600,000 to $750,000 net worth requirements common among larger pizza franchises. The company’s bundled training and support are described as helping franchisees reach operating readiness in a short time, though the actual timeline is not disclosed. Utah’s concentration of locations may also support multi unit development after a franchisee establishes a first restaurant.

The Pier 49 Pizza opportunity combines a $282.91 billion global pizza market growing at 5.90% annually, a distinct sourdough product, and an initial investment of $39,750 to $139,900, roughly 70% to 85% below comparable limited service pizza concepts. Buyers should validate sales and owner income through conversations with franchisees in Utah, Idaho, Arizona, Nevada, and Colorado. More than 30 years of operation since 1991 and continued presence across the intermountain West provide operating history that a new franchise concept cannot offer. PeerSense provides due diligence information including SBA lending history, the Loan Activity Score, location maps with Google ratings, FDD financial data, and comparison tools for evaluating similar restaurant franchises. The opportunity merits structured review based on its entry cost, product model, system size, and development activity.

Loan Activity Score

54/100

SBA Default Rate

0.0%

Active Lenders

6

According to its Franchise Disclosure Document or public business records, Pier 49 Pizza has 7 locations, all owned by franchisees. Public SBA loan records show 6 lenders made 8 loans to franchisees of Pier 49 Pizza. PeerSense calculates Pier 49 Pizza's score as 54 out of 100, using public SBA loan performance and recent lending activity.

Franchising since 1991 · 7 locations

Investment

$39,750 to $139,900

Total Units

7

7 franchised

Loan Activity Score
Medium
54
SBA Lending
25
Lender Quality
9
Transparency
4
Reach
4
Momentum
12

Proprietary PeerSense metric

Moderate
Capital Sources
6SBA lenders

Distinct lenders in public SBA records for Pier 49 Pizza

8

Total SBA loans

$88K

Average loan size

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

Referral fee at closing

SBA Lending Activity for Pier 49 Pizza

Loan Activity Score Breakdown

Emerging (3 to 9 loans)

Medium Confidence
54out of 100
Moderate
Market Momentum12/35

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 Confidence9/15

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

8

Total Volume

$0.7M

Active Lenders

6

1 selective

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%)

Data Insights

Key performance metrics for Pier 49 Pizza based on SBA lending data

SBA Default Rate

0.0%

10.3% below peer avg

SBA Loan Volume

8 loans

Across 6 lenders

Lender Diversity

6 lenders

Avg 1.3 loans per lender

Investment Tier

Low cost entry

$39,750 to $139,900 total

Pier 49 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

2002

2 approvals. The best year on record for Pier 49 Pizza.

Top SBA State

Utah

9 SBA financed Pier 49 Pizza locations, the densest operator footprint.

Average Loan Size

$102K

Median $86K. Use as a sizing anchor when modeling your own Pier 49 Pizza unit.

Lender Concentration

70%

Concentrated

Share of Pier 49 Pizza approvals captured by the top 3 SBA lenders.

Pier 49 Pizza's SBA lending pipeline peaked in 2002 (2 approvals). The last five fiscal years account for 13% of cumulative volume ($164K approved). Operator density is highest in Utah with 9 SBA financed locations. Average funded ticket sits at $102K, with the median at $86K. Lender mix is concentrated: the top three SBA lenders account for 70% of approvals. Credit decisions concentrate with a small group of incumbents.

Payment Estimator

Loan Amount$32K
Interest Rate9.5%
Term (Years)10 yr

Estimated Monthly Payment

$411

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

Pier 49 Pizza, unit breakdown

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

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Pier 49 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