NYPD PIZZA Franchise has a Proven Track Record? Seriously?
November 5, 2012
The NYPD Pizza franchise system has a proven track record, according to New York Pizza Development CEO Paul Russo.
The question is: Does the NYPD Pizza franchise have a track record of franchise success… or franchise failure, lost investments and unhappy franchisees?
NYPD Pizza CEO Paul Russo is quoted in a recent press release that announces that his company is now in cahoots with Beautiful Brands (BBI):
“NYPD is the perfect formula for franchise success,” Russo said. “Not only have all of our proprietary ingredients been fully developed with nationwide distribution in place, we have a proven track record with 28 best pizza awards nationwide to show for it.”
If NYPD Pizza has the “perfect formula for franchise success,” why has the franchise chain shrunk nearly 60% since 2008?
Why does the search term “NYPD Pizza CLOSED” reveal failed NYPD Pizza locations in California, Florida, Colorado, New Mexico, and Texas?
NYPD Pizza Franchise Chain has Shrunk 59% Since 2008
The perfect formula for franchise success?
In 2008, PMQ magazine stated that NYPD Pizza had 17 locations.
The NYPD Pizza franchise website currently lists only 7 locations as open:
- AR Little Rock
- FL Orlando (Universal Blvd)
- FL Orlando (College Park)
- FL Orlando (South Hiawassee Rd.)
- FL Poinciana
- FL The Villages
- FL Winter Garden
That’s a unit decline of nearly 60%.
Some cursory Internet searching revealed what looks like at least 21 NYPD franchise locations* that are no longer in business:
| NYPD Pizza Locations No Longer in Business | |
| CA Antioch
CA Burbank CA Fullerton CA Pleasant Hill CA San Marcos CO Colorado Springs FL Kissimmee FL Navarre FL Orlando (Orange Ave.) FL Orlando (S. Alafaya Trail) FL St. Augustine FL Tampa (Channelside) |
NM Albuquerque
SC Mt. Pleasant SC Summerville UT Draper UT Layton UT Murray UT Park City UT West Valley TX Mesquite |
* This is not a complete nor infallible list. Please add locations, details, circumstances or corrections below.
NYPD Pizza Partners With Beautiful Brands: Let the HypeFest Begin!
So now Beautiful Brands has announced that it will be pushing NYPD Pizza franchise opportunities along with its other questionable and troubled franchise brands.
Of course, Beautiful Brands founder David Rutkauskas positions NYPD Pizza as a budding success story despite the fact it’s been struggling for several years and was, in fact, founded by conman Lou Pearlman who is in a federal prison for perpetrating the largest Ponzi scheme in Florida’s history.
“This is a franchise success story just waiting to happen,” said David Rutkauskas, BBI founder, president and CEO. “Not only is the cuisine incredible, but everything about the business model spells enormous customer appeal…”
If ever there were a franchise opportunity that prompted the warning caveat emptor (Let the buyer beware), this would be it.
ARE YOU FAMILIAR WITH THE NYPD PIZZA FRANCHISE OPPORTUNITY OR PAUL RUSSO?
ARE YOU FAMILIAR WITH BEAUTIFUL BRANDS OR DAVID RUTKAUSKAS?
PLEASE SHARE A COMMENT BELOW.
Also Read:
BEAUTIFUL BRANDS Franchise Complaints
CAMILLE’S SIDEWALK CAFE Franchise Complaints
PAPA JOHN’S PIZZA Franchise Complaints
July 14, 2012
The Papa John’s Pizza franchise has a high SBA loan default rate of 23%. Papa John’s Pizza is listed by the SBA among the worst franchises by SBA loan default.
Are you familiar with the Papa John’s Pizza franchise opportunity? Please share a comment below.
Papa John’s Pizza franchisees have received 125 SBA-guaranteed loans since 2001; nearly a quarter of those loans have been defaulted on by Papa John’s Pizza franchise owners.
The Papa John’s Pizza Franchise has a failure rate of 23% for SBA-backed franchise loans
It’s likely that Papa John’s Pizza franchise owners who received SBA loans may have collateralized their franchise loan with their houses or other personal assets, and nearly one-quarter were unable to repay those franchise loans… despite serious incentive to do so.
Are you familiar with the Papa John’s Pizza franchise opportunity?
What do you think accounts for the SBA loan failure rate of Papa John’s Pizza franchise owners?
What steps should Papa John’s Pizza be taking to stop further franchise failures?
Has Papa John’s Pizza taken serious action to address the problems that led to the 23% loan failures?
Please share a comment, opinion or insight below.
ARE YOU A PAPA JOHN’S PIZZA FRANCHISE OWNER OR FORMER PAPA JOHN’S PIZZA FRANCHISEE? ARE YOU FAMILIAR WITH PAPA JOHN’S PIZZA FRANCHISE OPPORTUNITY? PLEASE SHARE A COMMENT BELOW.
Tags: Papa John’s Pizza, Papa John’s Pizza franchise, Papa John’s franchise, Papa John’s complaints, pizza delivery franchise, pizza franchise, franchise opportunity, restaurant franchise, food franchise, franchise failure rate, worst franchise, sba failure rates, SBA franchise loans, franchise information, John Schnatter
DOMINO’S PIZZA Franchise Complaints
July 14, 2012
DOMINO’S PIZZA Franchise Complaints. The Domino’s Pizza franchise has a relatively high SBA loan default rate of 22%.
Are you familiar with the Domino’s Pizza franchise opportunity? Please share a comment below.
According to the Small Business Administration, Domino’s Pizza franchisees received 378 SBA-guaranteed loans since 2001; 22% of those loans have been defaulted on by Domino’s Pizza franchise owners.
The Domino’s Pizza Franchise has a failure rate of 22% for SBA-backed franchise loans
Despite the franchise failures in the Domino’s Pizza franchise program, Domino’s Pizza continues to solicit new franchisees on its website, stating:
Founded in 1960, Domino’s Pizza is the world leader in pizza delivery. With more than 9,000 stores in over 60 markets around the world, Domino’s Pizza is a mega brand driven by the strength of our successful franchisees.
The Domino’s Pizza economic model is built on strong cash-on-cash returns. Our industry-leading technology platform enables online ordering, direct email marketing, cost controls and store management. Domino’s value-added supply system ensures quality, consistency and leverages our purchasing power. [Source: Domino’s franchise website]
What the Domino’s Pizza franchise marketing page doesn’t disclose is that it’s likely that Domino’s Pizza franchise owners who received SBA loans may have collateralized their franchise loan with their houses or other personal assets, and nearly a quarter were unable to repay those franchise loans… despite serious incentive to do so.
Are you familiar with the Domino’s Pizza opportunity?
What do you think accounts for the SBA loan failure rate of Domino’s Pizza franchise owners?
What steps should Domino’s Pizza be taking to stop further franchise failures?
Has Domino’s Pizza taken serious action to address the problems that led to the 22% loan failures?
Please share a comment, opinion or insight below.
ARE YOU A DOMINO’S PIZZA FRANCHISE OWNER OR FORMER DOMINO’S PIZZA FRANCHISEE? ARE YOU FAMILIAR WITH THE DOMINO’S PIZZA FRANCHISE OPPORTUNITY? PLEASE SHARE A COMMENT BELOW.
Tags: Domino’s Pizza, Domino’s Pizza franchise, Domino’s franchise, Domino’s Pizza franchise, Domino’s Pizza complaints, Domino’s complaints, pizza franchise, pizzeria franchise, pizza, franchise opportunity, restaurant franchise, food franchise, franchise failure rate, worst franchise, sba failure rates, SBA franchise loans, franchise information, unhappy franchisee,
HUNGRY HOWIE’S PIZZA Franchise Complaints
July 14, 2012
The Hungry Howie’s Pizza franchise has a relatively high SBA loan default rate of 23%.
Are you familiar with the Hungry Howie’s Pizza franchise opportunity? Please share a comment below.
According to the Small Business Administration, Hungry Howie’s Pizza franchisees received 32 SBA-guaranteed loans since 2001; 23% of those loans have been defaulted on by Hungry Howie’s Pizza franchise owners.
According to Entrepreneur, the Hungry Howie’s Pizza franchise chain has shrunk from 575 U.S. franchises in 2008 to 545 in 2012… a decline of 30 franchises or 5% of all U.S. franchises.
The Hungry Howie’s Pizza Franchise has a failure rate of 23% for SBA-backed franchise loans
Despite the franchise failures in the Hungry Howie’s Pizza franchise program, Hungry Howie’s Pizza continues to solicit new franchisees on its website.
What the Hungry Howie’s Pizza franchise marketing page doesn’t disclose is that it’s likely that Hungry Howie’s Pizza franchise owners who received SBA loans may have collateralized their franchise loan with their houses or other personal assets, and nearly a quarter were unable to repay those franchise loans… despite serious incentive to do so.
Are you familiar with the Hungry Howie’s Pizza opportunity?
What do you think accounts for the SBA loan failure rate of Hungry Howie’s Pizza franchise owners?
What steps should Hungry Howie’s Pizza be taking to stop further franchise failures?
Has Hungry Howie’s Pizza taken serious action to address the problems that led to the 23% loan failures?
Please share a comment, opinion or insight below.
ARE YOU A HUNGRY HOWIE’S PIZZA FRANCHISE OWNER OR FORMER HUNGRY HOWIE’S PIZZA FRANCHISEE? ARE YOU FAMILIAR WITH THE HUNGRY HOWIE’S PIZZA FRANCHISE OPPORTUNITY? PLEASE SHARE A COMMENT BELOW.
Tags: Hungry Howie’s Pizza, Hungry Howie’s Pizza franchise, Hungry Howie’s franchise, Hungry Howie’s Pizza complaints, pizza franchise, pizzeria franchise, pizza, franchise opportunity, restaurant franchise, food franchise, franchise failure rate, worst franchise, sba failure rates, SBA franchise loans, franchise information, unhappy franchisee,
GODFATHER’S PIZZA Franchise Complaints
July 14, 2012
Godfather’s Pizza was flung into the national spotlight when former CEO Herman Cain made a bid for the Republican presidential nomination. What wasn’t highlighted was the fact that Godfather’s Pizza franchise has a disturbingly high SBA loan default rate of 27%.
Are you familiar with the Godfather’s Pizza franchise opportunity? Please share a comment below.
According to the Small Business Administration, Godfather’s Pizza franchisees received 37 SBA-guaranteed loans since 2001; 27% of those loans have been defaulted on by Godfather’s Pizza franchise owners.
The Godfather’s Pizza Franchise has a failure rate of 27% for SBA-backed franchise loans
Despite the franchise failures in the Godfather’s Pizza franchise program, Godfather’s Pizza continues to solicit franchisees on its website.
What the Godfather’s Pizza franchise marketing page doesn’t disclose is that it’s likely that Godfather’s Pizza franchise owners who received SBA loans may have collateralized their franchise loan with their houses or other personal assets, and nearly one-third were unable to repay those franchise loans… despite serious incentive to do so.
Are you familiar with the Godfather’s Pizza opportunity?
What do you think accounts for the SBA loan failure rate of Godfather’s Pizza franchise owners?
What steps should Godfather’s Pizza be taking to stop further franchise failures?
Has Godfather’s Pizza taken serious action to address the problems that led to the 27% loan failures?
Please share a comment, opinion or insight below.
ARE YOU A GODFATHER’S PIZZA FRANCHISE OWNER OR FORMER GODFATHER’S PIZZA FRANCHISEE? ARE YOU FAMILIAR WITH THE GODFATHER’S PIZZA FRANCHISE OPPORTUNITY? PLEASE SHARE A COMMENT BELOW.
Tags: Godfather’s Pizza, Godfather’s Pizza franchise, Godfather’s Pizza franchise, Godfather’s Pizza complaints, pizza franchise, pizzeria franchise, pizza, franchise opportunity, restaurant franchise, food franchise, franchise failure rate, worst franchise, sba failure rates, SBA franchise loans, franchise information, unhappy franchisee, Herman Cain
CICI’S PIZZA Franchise Complaints
July 14, 2012
The CiCi’s Pizza franchise has a disturbingly high SBA loan default rate of 32%.
Are you familiar with the CiCi’s Pizza franchise opportunity? Please share a comment below.
According to the Small Business Administration, CiCi’s Pizza franchisees received 223 SBA-guaranteed loans since 2001; 32% of those loans have been defaulted on by CiCi’s Pizza franchise owners.
According to Entrepreneur magazine, the CiCi’s Pizza franchise chain has shrunk from 613 US franchises in 2008 to 553 CiCi’s franchises in 2012… a decline of 60 franchises, 10% of the CiCi’s Pizza chain.
The CiCi’s Pizza Franchise has a failure rate of 32% for SBA-backed franchise loans
Despite the franchise failures in the CiCi’s Pizza franchise program, CiCi’s Pizza continues to aggressively solicit franchisees on its website.
What the CiCi’s Pizza franchise marketing page doesn’t disclose is that it’s likely that CiCi’s Pizza franchise owners who received SBA loans may have collateralized their franchise loan with their houses or other personal assets, and nearly one-third were unable to repay those franchise loans… despite serious incentive to do so.
Are you familiar with the CiCi’s Pizza franchise opportunity?
What do you think accounts for the SBA loan failure rate of CiCi’s Pizza franchise owners?
What steps should CiCi’s Pizza be taking to stop further franchise failures?
Has CiCi’s Pizza taken serious action to address the problems that led to the 32% loan failures?
Please share a comment, opinion or insight below.
ARE YOU A CICI’S PIZZA FRANCHISE OWNER OR FORMER CICI’S PIZZA FRANCHISEE? ARE YOU FAMILIAR WITH THE CICI’S PIZZA FRANCHISE OPPORTUNITY? PLEASE SHARE A COMMENT BELOW.
Tags: CiCi’s Pizza, CiCi’s franchise, CiCi’s Pizza franchise, CiCi’s Pizza complaints, pizza franchise, pizzeria franchise, pizza, franchise opportunity, restaurant franchise, food franchise, franchise failure rate, worst franchise, sba failure rates, SBA franchise loans, franchise information, unhappy franchisee,
BELLACINO’S PIZZA Franchise Complaints
July 14, 2012
The Bellacino’s Pizza franchise has a disturbingly high SBA loan default rate of 36%.
Are you familiar with the Bellacino’s Pizza franchise opportunity? Please share a comment below.
According to the Small Business Administration, Bellacino’s Pizza franchisees received 27 SBA-guaranteed loans since 2001; 36% of those loans have been defaulted on by Bellacino’s Pizza franchise owners.
The Bellacino’s Pizza Franchise has a failure rate of 36% for SBA-backed franchise loans
Despite the franchise failures in the Bellacino’s Pizza franchise program, Bellacino’s Pizza continues to solicit franchisees on its website.
What the Bellacino’s Pizza franchise marketing page doesn’t disclose is that it’s likely that Bellacino’s Pizza franchise owners who received SBA loans may have collateralized their franchise loan with their houses or other personal assets, and 36% were unable to repay those franchise loans… despite serious incentive to do so.
Are you familiar with the Bellacino’s Pizza franchise opportunity?
What do you think accounts for the SBA loan failure rate of Bellacino’s Pizza franchise owners?
What steps should Bellacino’s Pizza be taking to stop further franchise failures?
Has Bellacino’s Pizza taken serious action to address the problems that led to the 36% loan failures?
Please share a comment, opinion or insight below.
ARE YOU A BELLACINO’S PIZZA FRANCHISE OWNER OR FORMER BELLACINO’S PIZZA FRANCHISEE? ARE YOU FAMILIAR WITH THE BELLACINO’S PIZZA FRANCHISE OPPORTUNITY? PLEASE SHARE A COMMENT BELOW.
Tags: Bellacino’s Pizza, Bellacino’s Pizza and Grinders, Bellacino’s Pizza franchise, Bellacino’s Pizza complaints, pizza franchise, pizzeria franchise, pizza, franchise opportunity, restaurant franchise, food franchise, franchise failure rate, worst franchise, sba failure rates, SBA franchise loans, franchise information, unhappy franchisee,
PIZZA INN Franchise Complaints
July 14, 2012
The Pizza Inn franchise has a disturbingly high SBA loan default rate of 36%.
Are you familiar with the Pizza Inn franchise opportunity? Please share a comment below.
Pizza Inn awarded the first franchise in 1963 and opened the first pizza buffet restaurant in 1969. Pizza Inn has more than 300 locations. Pizza Inn began franchising the Pizza Inn brand internationally in the late 1970s. In 1993, Pizza Inn stock began trading on the NASDAQ Stock Market, and presently trades on the NASDAQ Capital Market under the ticker symbol "PZZI."
According to the Small Business Administration, Pizza Inn franchisees received 37 SBA-guaranteed loans since 2001; 36% of those loans have been defaulted on by Pizza Inn franchise owners.
The Pizza Inn Franchise has a failure rate of 36% for SBA-backed franchise loans
Yet despite the obvious failures in the Pizza Inn franchise program, the Pizza Inn website not only cheerfully promotes the Pizza Inn franchise opportunity, but it highlights its membership in the SBA Franchise Registry.
What the Pizza Inn franchise marketing page doesn’t disclose is that it’s likely that Pizza Inn franchise owners who received SBA loans may have collateralized their franchise loan with their houses or other personal assets, and nearly half were unable to repay those franchise loans… despite serious incentive to do so.
Are you familiar with the Pizza Inn franchise opportunity?
What do you think accounts for the SBA loan failure rate of Pizza Inn franchise owners?
What steps should Pizza Inn be taking to stop further franchise failures?
Has Pizza Inn taken serious action to address the problems that led to the 36% loan failures?
Please share a comment, opinion or insight below.
ARE YOU A PIZZA INN FRANCHISE OWNER OR FORMER PIZZA INN FRANCHISEE? ARE YOU FAMILIAR WITH THE PIZZA INN FRANCHISE OPPORTUNITY? PLEASE SHARE A COMMENT BELOW.
Tags: Pizza Inn, Pizza Inn franchise, Pizza Inn complaints, pizza buffet franchise, pizza franchise, pizzeria franchise, pizza, franchise opportunity, restaurant franchise, food franchise, franchise failure rate, worst franchise, sba failure rates, SBA franchise loans, franchise information, unhappy franchisee, PIZZI
FOX’S PIZZA DEN Franchise Complaints
July 14, 2012
The Fox’s Pizza Den franchise has an alarmingly high SBA loan default rate of 41%.
Are you familiar with the Fox’s Pizza Den franchise opportunity? Please share a comment below.
According to the Small Business Administration, Fox’s Pizza franchisees received 120 SBA-guaranteed loans; nearly half of those loans have been defaulted on by Fox’s Pizza Den franchise owners.
According to Entrepreneur magazine, Fox’s Pizza Den had 313 US franchises in 2008. By 2011, that number had dropped to 282. That’s a decline of 31 franchises, 10% of the entire chain.
The Fox’s Pizza Den Franchise has a failure rate of 41% for SBA-backed franchise loans
Yet despite the obvious failures in the Fox’s Pizza franchise program, the Fox’s Pizza Den website not only cheerfully promotes the Fox’s Pizza franchise opportunity, it boasts that it reduces the risk of business ownership:
Quality franchising reduces the risks associated with starting your own business. Choosing to become a franchise gives you a distinct advantage in the marketplace because the franchiser who has a time-tested quality track record has already made the mistakes for you. That experience prevents you from making the same mistakes and enable you to receive the training and marketing assistance that is needed to ensure your success down the road. [Source: Fox’s Pizza Den website. Emphasis added.]
What the Fox’s Pizza Den franchise marketing page doesn’t disclose is that it’s likely that Fox’s Pizza franchise owners who received SBA loans may have collateralized their franchise loan with their houses or other personal assets, and nearly half were unable to repay those franchise loans… despite serious incentive to do so.
Are you familiar with the Fox’s Pizza Den franchise opportunity?
What do you think accounts for the SBA loan failure rate of Fox’s Pizza Den franchise owners?
What steps should Fox’s Pizza Den be taking to stop further franchise failures?
Has Fox’s Pizza taken serious action to address the problems that led to the 41% loan failures?
Please share a comment, opinion or insight below.
ARE YOU A FOX’S PIZZA DEN FRANCHISE OWNER OR FORMER FOX’S PIZZA DEN FRANCHISEE? ARE YOU FAMILIAR WITH THE FOX’S PIZZA FRANCHISE OPPORTUNITY? PLEASE SHARE A COMMENT BELOW.
Tags: Fox’s Pizza Den, Fox’s Pizza, Fox’s Pizza Den franchise, Fox’s Pizza franchise, Fox’s Pizza Den complaints, pizza delivery franchise, pizza franchise, pizzeria franchise, pizza, franchise opportunity, restaurant franchise, food franchise, franchise failure rate, worst franchise, sba failure rates, SBA franchise loans, franchise information, unhappy franchisee, Jim Fox
FIGARO’S PIZZA Franchise Complaints
July 13, 2012
The Figaro’s Pizza franchise has an alarmingly high SBA loan default rate of 48%.
Are you familiar with the Figaro’s Pizza franchise opportunity? Please share a comment below.
According to the Small Business Administration, Figaro’s Pizza franchisees received 38 SBA-guaranteed loans; nearly half of those loans have been defaulted on by Figaro’s Pizza franchise owners.
According to Entrepreneur magazine, Figaro’s Pizza had 123 US franchises in 2008. By 2012, that number had dropped to 60. That’s a decline of 63 franchises, 51% of the entire chain.
The Figaro’s Pizza Franchise has a failure rate of 48% for SBA-backed franchise loans
Yet despite the obvious failures in the Figaro’s Pizza franchise program, the Figaro’s Pizza website not only cheerfully promotes the Figaro’s Pizza franchise opportunity, it boasts that it assists franchisees in accessing financing through the SBA Franchise Registry.
What the Figaro’s Pizza franchise marketing page doesn’t disclose is that it’s likely that Figaro’s Pizza franchise owners who received SBA loans may have collateralized their franchise loan with their houses or other personal assets, and nearly half were unable to repay those franchise loans… despite serious incentive to do so.
Are you familiar with the Figaro’s Pizza franchise opportunity?
What do you think accounts for the SBA loan failure rate of Figaro’s Pizza franchise owners?
What steps should Figaro’s Pizza be taking to stop further franchise failures?
Has Figaro’s Pizza taken serious action to address the problems that led to the 48% loan failures?
Please share a comment, opinion or insight below.
ARE YOU A FIGARO’S PIZZA FRANCHISE OWNER OR FORMER FIGARO’S PIZZA FRANCHISEE? ARE YOU FAMILIAR WITH THE FIGARO’S PIZZA FRANCHISE OPPORTUNITY? PLEASE SHARE A COMMENT BELOW.
Tags: Figaro’s Pizza, Figaro’s Pizza franchise, Figaro’s Pizza complaints, take and bake pizza, pizza franchise, pizzeria franchise, pizza, franchise opportunity, restaurant franchise, food franchise, franchise failure rate, worst franchise, sba failure rates, SBA franchise loans, franchise information, unhappy franchisee, Ron Berger
