Noble Roman’s Pizza

Noble Roman’s Pizza

Information based on 2024 FDD

Food & Beverage · Pizza

Investment min
$32K
Total: $32K–$228K
Avg gross revenue
N/A
Unit-level, 2024
Franchise fee
$8K–$10K
Per current disclosure
Royalty
7% - 9%
Locations
2,819
Franchising since 1997

Description

What is Noble Roman’s Pizza?

Noble Roman's Pizza has been serving up delicious, quality pizzas since 1972, establishing itself as a beloved name in the American pizza industry. With a rich history spanning over five decades, this franchise has perfected its craft, offering a unique blend of traditional recipes and innovative menu items that keep customers coming back for more.

What sets Noble Roman's apart is their commitment to using premium ingredients and their signature pizza-making process. Their proprietary pizza dough, made fresh daily, creates a perfect foundation for their distinctive sauce and generous toppings. The menu features both classic favorites and specialty pizzas, alongside breadsticks, pasta, and other Italian-inspired offerings.

The franchise has successfully adapted to changing market demands while maintaining its core values of quality and consistency. Noble Roman's offers various business models, including traditional restaurants, delivery/carryout locations, and non-traditional venues such as convenience stores and entertainment facilities. This flexibility has contributed to their impressive nationwide expansion and enduring success.

For franchisees, Noble Roman's provides comprehensive training programs and ongoing support, ensuring operators can maintain the brand's high standards while building their business. Their proven business model includes detailed operational systems, marketing support, and access to established supply chains. The brand's strong reputation and recognition make it an attractive option for entrepreneurs looking to enter the competitive pizza market with a trusted name.

As the food service industry continues to evolve, Noble Roman's demonstrates its ability to innovate while staying true to its founding principles of quality, value, and customer satisfaction.
  • 50+ years proven pizza expertise
  • 2,820 units nationwide system scale
  • Multiple flexible business model formats
  • No fillers, 100% real ingredients
  • Non-traditional venue specialization expertise
  • Scratch-made dough and fresh toppings

Location Analysis

Where Noble Roman’s Pizza wins

Noble Roman's Pizza, established in 1972, presents an interesting market profile with varying reports regarding its operational footprint. While historical data suggests a significant number of past locations, current verified data indicates a focused presence across select markets in the Mid-Atlantic and Midwest regions. This variance in location data suggests the need for further verification of the franchise's complete operational footprint.

The franchise maintains a moderate customer satisfaction level with favorable ratings across multiple review platforms, indicating consistent but improvable service quality. Their locations, such as those in suburban communities like Grants Lick, Kentucky, demonstrate the brand's strategic positioning in residential market areas.

With a 50-year operating history, Noble Roman's Pizza has established brand recognition in the pizza restaurant sector. The current verified locations provide strategic positioning along the Mid-Atlantic corridor, suggesting opportunities for market densification. Successful locations typically thrive in areas with strong daytime population, proximity to residential neighborhoods, and easy accessibility from major thoroughfares.

Expansion opportunities exist particularly in urban centers and growing suburban communities within the current regional footprint, focusing on areas with diverse demographics including families and young professionals. Future growth strategies should prioritize clarifying the full scope of operations while strengthening presence in existing markets.
Total US locations
2,820
Franchise units
2,819
Corporate locations
1
Avg. sq. footage
N/A

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Financial Analysis

The numbers behind Noble Roman’s Pizza

Avg gross revenueN/A
Investment range$32,100 – $227,700
Investment midpoint$129,900
Brand fundN/A
Royalty7% - 9%
Franchise fee$7,500–$10,000
Min. net worth
Min. liquid capital
Noble Roman's Pizza presents an exceptionally low-barrier entry point with investment requirements of $32,100-$227,700, positioning it as one of the most accessible pizza franchise opportunities available. This investment range sits dramatically below the pizza sub-sector averages of $380,153-$837,259, making it attractive for first-time franchisees or investors with limited capital. The franchise's multiple business model formats—including convenience store programs, full-service pizzerias, and institutional partnerships—provide flexible investment structures suited to various venue types and capital levels. With 2,820 units and 50+ years of operation since 1972, Noble Roman's demonstrates substantial system maturity and operational stability. The pizza industry benefits from consistent consumer demand and delivery/takeout growth trends, though faces intense competition from established national chains. The franchise's focus on non-traditional locations like convenience stores, entertainment venues, and institutional facilities offers potential market differentiation from traditional pizzeria models. Ideal investors should possess foodservice experience or strong operational management skills, particularly for multi-unit development opportunities across diverse venue types. The brand's emphasis on quality ingredients without fillers and scratch-made products positions it competitively in the premium-casual segment. Territory rights and exclusivity terms require careful FDD review, as does the franchisor's support infrastructure for such a large system. Prospective franchisees should evaluate local market demographics, competition density, and venue availability when considering investment viability.
Did you know? Did you know that starting your own Noble Roman's Pizza franchise - known for their signature breadsticks and Roman-style pizzas - requires a total investment between $32,100 and $227,700, making it one of the more accessible pizza franchise opportunities with costs varying based on whether you choose a smaller express format or full-service restaurant location?

Financing partners

Vetted partners, tailored to franchisees

Your Franzy advisor can connect you with these partners later in the process — competitive rates, specialized in franchise financing.

FranFund

Lender

CRF USA

Nonprofit SBA lender; provides financing for franchise acquisitions, startups, and expansion.

Lender

First Bank of the Lake

Lender

Pension Pros

Lender

FDD Item 7

Initial investment range

$32K–$228K
Most common
$32,100
Minimum
$129,900
Midpoint
$227,700
Maximum

Per FDD Item 7, total initial investment ranges from $32,100 to $227,700. The midpoint $129,900 is what most franchisees report at signing — financing typically reduces cash-at-close by 80–90%. Knowing the investment range helps you plan confidently and ensure you're fully prepared to make the leap.

Growth over time

Franchise footprint

0% YoY
4,0003,2002,4001,6008000
2017
2018
2019
2020
2021
2022
2023
2024
2,820 units open as of 2024 FDD

2024 Franchise Disclosure

FDD documents

Below are items 2, 3, 4, 7, 11 and 19 for Noble Roman’s Pizza's 2024 FDD. The complete FDD is delivered to you directly by the franchisor, per the FTC Franchise Rule.

Estimated initial investment
FDD Item 7 · PDF
Financial performance representations
FDD Item 19 · PDF
Members-only items
Executive team
FDD Item 2 · PDF
Litigation
FDD Item 3 · PDF
Bankruptcy
FDD Item 4 · PDF
Franchisor assistance
FDD Item 11 · PDF
Members only
Unlock the 2024 FDD

Connect to download Items 2, 3, 4, and 11 — direct from the franchisor.

Buyer FAQs

Frequently asked questions

The initial investment for a Noble Roman’s Pizza franchise typically ranges between $32,100.00 and $227,700.00. This includes the franchise fee, equipment, real estate, and other startup costs. To get a detailed breakdown and better understand the financial requirements, we recommend scheduling a call with the Franzy team. We'll walk you through the specifics and answer any questions you might have. For more detailed information, refer to the financial sections of the FDD.

Disclaimer. The information provided on this page is based on the latest Franchise Disclosure Document (FDD) that is publicly available and that we have on record, which was issued in 2024. This information is for informational purposes only and is not intended to constitute legal, financial, or business advice. We make no guarantees or claims regarding the completeness or accuracy. For the most current and detailed information, we recommend consulting the franchisor directly for the most recent FDD and regarding any questions that you may have about the information provided.

Noble Roman’s Pizza
Noble Roman’s Pizza
N/A avg revenue · 2819+ US franchises

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