Happy Joe's and Happy Joe's Pizza & Ice Cream Parlor
Happy Joe’s franchises family-friendly restaurants offering pizza, ice cream, pasta, sandwiches, salads, breakfast items, and other food and beverages in a fun atmosphere with features like birthday parties and entertainment centers. Franchisees can operate Full-Size Restaurants with dine-in seating for 150-250 customers or DELCO Facilities focused on carry-out and delivery, using a proprietary business system. The business model centers on franchising to entrepreneurs targeting families seeking casual dining experiences.
Franchise Costs
6% royalty + 1.8% ad fund + $35/mo Stella online training
Financial Performance
Item 19 Financial Performance
Data Based On: Gross Sales for 21 Full-Size HAPPY JOE'S Restaurants and six DELCO Restaurants for the year ending September 30, 2024.
* Calculated weighted average gross revenue for 27 franchised units (21 Full-Size and 6 DELCO) using their respective average gross sales: (21 units * $923,741 + 6 units * $885,278) / 27 total units = $915,193.67. Median gross revenue, quartile revenues, and any profit/income metrics could not be determined for the entire sample from the provided segmented data.
Extracted Item 19 Section
How Happy Joe's and Happy Joe's Pizza & Ice Cream Parlor Compares
Key Insights
- One of the lowest SBA loan default rates in Pizza
| Franchise | Investment | Fee | Royalty | Locations |
|---|---|---|---|---|
Happy Joe's and Happy Joe's Pizza & Ice Cream Parlor Current | $547K – $1.4M | $40K | 6.0% | 29 |
| 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 Happy Joe's and Happy Joe's Pizza & Ice Cream Parlor 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
40 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 |
40 Contacts Available
Unlock all Happy Joe's and Happy Joe's Pizza & Ice Cream Parlor franchisee contacts with verified contact information
Due Diligence
Litigation (Item 3)
Bankruptcy (Item 4)
President/CEO Thomas Sacco was CEO of Flipdaddy’s LLC, which filed Chapter 11 on Dec 6, 2018 (dismissed Feb 9, 2021). Four operating affiliates (HJ Dynamic Holdings LLC, TS Dynamic Holdings LLC, Dynamic Restaurant Acquisition Inc., TS Dynamic Acquisition Inc.) filed Chapter 11 on Sep 2, 2022 (plan approved).
System Health (Item 20)
Franchise system changes reported in the most recent fiscal year
Frequently Asked Questions
The total initial investment to open a Happy Joe's and Happy Joe's Pizza & Ice Cream Parlor franchise ranges from $546,643 to $1,358,853. This includes a franchise fee of $40,000. Ongoing royalty fees are 6.0% of gross sales.
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