Spaghetti Shop (The)
The total investment to open a Spaghetti Shop (The) franchise ranges from $59,200 to $522,840.
What is the Spaghetti Shop (The) franchise?
Spaghetti Shop (The) is a restaurant focused on spaghetti and other pasta meals for people seeking a convenient meal. Individuals and families are its customers. The menu centers on spaghetti based dishes in an accessible format. The estimated total initial investment to open is $59,200 to $522,840.
The brand is headquartered in Decatur, Illinois.
Loan Activity Score
33/100
SBA Default Rate
15.4%
Active Lenders
11
According to its Franchise Disclosure Document or public business records, Spaghetti Shop (The) has 9 locations, all owned by franchisees. Public SBA loan records show 11 lenders made 13 loans to franchisees of Spaghetti Shop (The). PeerSense calculates Spaghetti Shop (The)'s score as 33 out of 100, using public SBA loan performance and recent lending activity.
9 locations
$59,200 to $522,840
9
9 franchised
Proprietary PeerSense metric
LimitedDistinct lenders in public SBA records for Spaghetti Shop (The)
13
Total SBA loans
$248K
Average loan size
Source: public SBA 7(a) and 504 loan records through December 31, 2025
Referral fee at closing
SBA Lending Activity for Spaghetti Shop (The)
Loan Activity Score Breakdown
Growing (10 to 24 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
15.4%
vs 10.3% peer avg
SBA Loans
13
Total Volume
$3.2M
Active Lenders
11
States
6
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 Spaghetti Shop (The) based on SBA lending data
SBA Default Rate
15.4%
5.1% above peer avg
SBA Loan Volume
13 loans
Across 11 lenders
Lender Diversity
11 lenders
Avg 1.2 loans per lender
Investment Tier
Mid range investment
$59,200 to $522,840 total
Spaghetti Shop (The): 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
1995
3 approvals. The best year on record for Spaghetti Shop (The).
Top SBA State
Illinois
4 SBA financed Spaghetti Shop (The) locations, the densest operator footprint.
Average Loan Size
$248K
Median $235K. Use as a sizing anchor when modeling your own Spaghetti Shop (The) unit.
Lender Concentration
38.5%
Moderately Spread
Share of Spaghetti Shop (The) approvals captured by the top 3 SBA lenders.
Spaghetti Shop (The)'s SBA lending pipeline peaked in 1995 (3 approvals). Operator density is highest in Illinois with 4 SBA financed locations. Average funded ticket sits at $248K, with the median at $235K. Lender mix is moderately spread: the top three SBA lenders account for 38.5% of approvals. Meaningful choice exists, but specific lenders carry the brand.
Payment Estimator
Estimated Monthly Payment
$613
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
Spaghetti Shop (The), 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