Carbone's Pizzeria and Carbone's Pizza
M & T Pizza Incorporated offers franchises for the development and operation of Carbone’s Pizza and Carbone’s Pizzeria restaurants that specialize in pizza and related foods and beverages, primarily on a dine-in and carry-out basis with optional delivery and alcohol service. Franchisees can operate full-service (2,500-4,000 sq ft), fast-casual (2,000-3,000 sq ft), or express models, requiring adherence to the franchisor's standards for menu and operations. The business targets consumers seeking quality pizza and casual dining experiences.
Franchise Costs
Tiered royalty (4% on first $1M Gross Sales, 3% on next $1M, 2% thereafter) + 1% ad fund
Financial Performance
Item 19 Financial Performance
Data Based On: 32 franchised Restaurants that operated for the 12-month period ended December 31, 2024
* Calculated weighted average gross revenue using the midpoints of the annual gross sales ranges for each restaurant type: Fast casual (7 units, midpoint $650,000), Express (8 units, midpoint $475,000), Full-service (17 units, midpoint $1,550,000). Total units = 32. Weighted average = (7 * 650000 + 8 * 475000 + 17 * 1550000) / 32 = $1,084,375. Revenue top quartile estimated from the midpoint of the Full-service segment ($1,550,000). Revenue bottom quartile estimated from the midpoint of the Express segment ($475,000).
Extracted Item 19 Section
How Carbone's Pizzeria and Carbone's Pizza Compares
Key Insights
- Lower than average SBA loan default rate in Pizza
| Franchise | Investment | Fee | Royalty | Locations |
|---|---|---|---|---|
Carbone's Pizzeria and Carbone's Pizza Current | $329K – $908K | $25K | 4.0% | 32 |
| PIZZA HUT (NON-TRADITIONAL) | $51K – $304K | $10K | 10.0% | 1,332 |
| PAPA MURPHY'S | $367K – $733K | $25K | 5.0% | 1,001 |
| GODFATHER'S PIZZA | $711K – $1.3M | $25K | 6.5% | 592 |
| BLAZE PIZZA | $597K – $1.1M | $30K | 5.0% | 283 |
| BLAZE PIZZA | $667K – $1.1M | $30K | 5.0% | 254 |
Pizza Average 12 franchises | $511K – $1.3M | $30K | 5.7% | – |
* Comparison based on latest FDD filings. Investment ranges from Item 7, fees from Item 5. Showing top 5 of 12 Pizza franchises by location count.
Locations & Growth
Outlet Growth Over Time
Total outlets at end of each year
Geographic Distribution (2024)
Outlets by state across the United States
SBA Loan History
Historical SBA 7(a) loan data for Carbone's Pizzeria and Carbone's Pizza franchisees (2016 – 2023)
Loans by Year
SBA 7(a) loan activity over time
* Data sourced from SBA 7(a) FOIA loan records. Default rate calculated from charged-off loans.
Franchisee Contacts
32 franchisee contacts on file from official FDD filings.
| Name | SBA Loan |
|---|---|
John Smith ABC Franchise LLC | $350,000 2023 · Active |
John Smith ABC Franchise LLC | $350,000 2023 · Active |
John Smith ABC Franchise LLC | $350,000 2023 · Active |
John Smith ABC Franchise LLC | $350,000 2023 · Active |
John Smith ABC Franchise LLC | $350,000 2023 · Active |
32 Contacts Available
Unlock all Carbone's Pizzeria and Carbone's Pizza franchisee contacts with verified contact information
Due Diligence
Litigation (Item 3)
Bankruptcy (Item 4)
System Health (Item 20)
Franchise system changes reported in the most recent fiscal year
Frequently Asked Questions
The total initial investment to open a Carbone's Pizzeria and Carbone's Pizza franchise ranges from $328,600 to $908,350. This includes a franchise fee of $25,000. Ongoing royalty fees are 4.0% of gross sales.
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