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Spaghetti Shop (The)

Spaghetti Shop (The)

9 locations

The total investment to open a Spaghetti Shop (The) franchise ranges from $59,200 - $522,840. Spaghetti Shop (The) currently operates 9 locations (9 franchised). The top SBA 7(a) lenders for Spaghetti Shop (The) are Citizens Bank, The Huntington National Bank and MISSINGMAINBANKID. PeerSense FPI health score: 33/100.

Investment

$59,200 - $522,840

Total Units

9

9 franchised

FPI Score
Medium
33

Proprietary PeerSense metric

Limited
Capital Partners
11lenders available

Active capital sources verified for Spaghetti Shop (The) financing

SBA

7(a) Eligible

21d

Avg Funding

P+2.25%

Best Rate

No retainers · Referral fee at closing

FPI Score Breakdown

Growing (10-24 loans)

Medium Confidence
33out of 100
Limited

SBA Lending Performance

SBA Default Rate

15.4%

2 of 13 loans charged off

SBA Loans

13

Total Volume

$3.2M

Active Lenders

11

States

6

Top SBA Lenders for Spaghetti Shop (The)

What is the Spaghetti Shop (The) franchise?

The Spaghetti Shop franchise presents a distinctive and compelling opportunity within the vibrant and continually evolving landscape of limited-service restaurants, carving out a specialized niche with its focused culinary offering. This particular franchise, with its operational headquarters strategically situated in Decatur, Illinois, embodies a commitment to delivering a streamlined and enjoyable dining experience centered around the enduring appeal of pasta. The concept is designed to capture the essence of convenient, high-quality Italian-inspired meals, appealing to a broad demographic seeking both speed and satisfaction without compromising on taste or freshness. Its foundation in Decatur, Illinois, provides a central hub for its current operations and future strategic growth initiatives, anchoring the brand within a community while preparing for broader market penetration. The Spaghetti Shop franchise leverages the universal affection for spaghetti-based dishes, transforming a classic comfort food into an accessible, quick-serve format that resonates deeply with modern consumer preferences. This strategic positioning allows the brand to address the daily demands of busy individuals and families who desire a flavorful, hearty meal efficiently prepared and served. By concentrating on a core menu item, the Spaghetti Shop franchise simplifies operational complexities, streamlines inventory management, and enhances consistency across all units, fostering a reliable and repeatable customer experience that is crucial for sustained success in the competitive food service sector. The brand narrative is built upon the promise of simplicity, quality ingredients, and a welcoming atmosphere that encourages repeat visits, establishing a loyal customer base that appreciates the value and convenience offered by this unique limited-service dining option. The careful cultivation of this brand identity from its Decatur, Illinois, base underscores a deliberate approach to market entry and expansion, emphasizing a deep understanding of the limited-service restaurant segment and

FPI Score

33/100

SBA Default Rate

15.4%

Active Lenders

11

Key Highlights

Data Insights

Key performance metrics for Spaghetti Shop (The) based on SBA lending data

SBA Default Rate

15.4%

2 of 13 loans charged off

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 – $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 — 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

Loan Amount$47K
Interest Rate9.5%
Term (Years)10 yr

Estimated Monthly Payment

$613

Principal & Interest only

Locations

Spaghetti Shop (The)unit breakdown

Total Units
N/A
Franchisee Owned
System Owned
Closed

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Spaghetti Shop (The)