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NOBLE ROMAN’S PIZZA: Worst Franchises for SBA Loan Defaults

November 2, 2009


Our recent post 15 Worst Franchises by SBA Loan Defaults listed the franchise concepts with the highest rate of SBA loan defaults for 2008.

[Also read: FRANCHISE LAWSUITS: Noble Roman’s Granted Summary Judgment Against Franchisees]Noble_Romans_logo

Noble Roman’s Pizza franchise was listed as the worst.  According to Katie Adams of Investopedia:

1. Noble Roman’s Pizza

Billing itself as “The Better Pizza People,” this Indianapolis-based franchiser has had a tough time selling that proposition to customers.

While the company reported a 30% net income increase in Q1 of 2009, Q2 total revenues were down more than $500,000 from the comparable period in 2008.

Maybe that’s why 53% of all owners with SBA loans defaulted in 2008.

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Written by ADMIN · Filed Under ALL POSTS, NOBLE ROMAN'S, Pizza Franchises 

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2 Responses to “NOBLE ROMAN’S PIZZA: Worst Franchises for SBA Loan Defaults”

  1. 15 Worst Franchises by SBA Loan Defaults : Unhappy Franchisee on November 3rd, 2009 9:35 am

    [...] Noble Roman’s Pizza 2. PJ’s Coffee and Tea Café 3. Super Suppers 4. Figaro’s Italian Pizza 5. New York [...]

  2. FRANCHISE LAWSUITS: Noble Roman’s Granted Summary Judgment Against Franchisees : Unhappy Franchisee on February 3rd, 2012 10:09 am

    [...] [Also read:  NOBLE ROMAN’S PIZZA: Worst Franchises for SBA Loan Defaults] [...]

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