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Happy Joe's and Happy Joe's Pizza & Ice Cream Parlor

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.

Since 2000Food & BeverageDavenport, IADynamic Restaurant Franchising, Inc.www.happyjoes.com
Item 19 AvailableSBA Loan Data

Disclaimer: This information was extracted using AI from public Franchise Disclosure Documents and should be independently verified. This is not financial or legal advice. Always review official FDD filings before making investment decisions.

Overview

Investment
$546,643 - $1,358,853
Franchise Fee
$40,000
Locations
29

Financial Requirements

Franchise Fee$40,000
Initial Investment Range$546,643 - $1,358,853
Royalty Rate6.00%
Brand Fund1.80%
Fixed Monthly Fees$35 - $35

6% royalty + 1.8% ad fund + $35/mo Stella online training

Franchise Stats

Franchise Locations29
Corporate Locations3
States Operating7
Franchising Since2000
FDD Year2025

Financial Performance

Item 19 Financial Performance

Average Gross Revenue
$915,193.67

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 to Other Pizza Franchises

Key Insights

  • Top 10 largest franchise system in Pizza
  • One of the lowest SBA loan default rates in Pizza
FranchiseInvestment RangeFranchise FeeRoyaltyLocations
Happy Joe's and Happy Joe's Pizza & Ice Cream Parlor
Current
$547K - $1.4M$40K6.0%29
PIZZA HUT (NON-TRADITIONAL)$51K - $304K$10K10.0%1,332
PAPA MURPHY'S$367K - $733K$25K5.0%1,001
BLAZE PIZZA$597K - $1.1M$30K5.0%283
BLAZE PIZZA$667K - $1.1M$30K5.0%254
Rosati's Pizza Enterprises, Inc.$147K - $501K$35K5.0%131
Pizza Average
10 franchises
$409K - $940K$29K5.7%-

* Comparison based on latest FDD filings. Investment ranges from Item 7, fees from Item 5. Showing top 5 of 10 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

Top States by Outlet Count
1IA
13
2IL
8
3ND
3
4MN
2
5WI
2
6MO
1

SBA Loan History

Historical SBA 7(a) loan data for Happy Joe's and Happy Joe's Pizza & Ice Cream Parlor franchisees (2016 - 2023)

Total Loans
3
Average Loan Amount
$1,238,333
Total Loan Volume
$3,715,000
Default Rate
0.0%

Loans by Year

* Data sourced from SBA 7(a) FOIA loan records. Default rate calculated from charged-off loans.

Franchisee Contacts

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Due Diligence

Litigation (Item 3)

Franchisee Litigation Cases0

No litigation involving franchisees reported in the FDD.

Bankruptcy (Item 4)

Bankruptcy HistoryYes

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

Terminations
2
Non-Renewals
0
Reacquired by Franchisor
0
Ceased Operations (Other)
4
System Transfers
0
Sold to Franchisees
0
Projected New Franchises
6

Frequently Asked Questions

How much does it cost to open a Happy Joe's and Happy Joe's Pizza & Ice Cream Parlor franchise?

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.

How much revenue does a Happy Joe's and Happy Joe's Pizza & Ice Cream Parlor franchise make?

According to the 2025 FDD, the average gross revenue for a Happy Joe's and Happy Joe's Pizza & Ice Cream Parlor franchise is $915,193.67.

How many Happy Joe's and Happy Joe's Pizza & Ice Cream Parlor franchise locations are there?

As of the 2025 FDD, Happy Joe's and Happy Joe's Pizza & Ice Cream Parlor has 29 franchise locations. The company has been franchising since 2000.

Can you get an SBA loan for a Happy Joe's and Happy Joe's Pizza & Ice Cream Parlor franchise?

Yes, SBA loans are available for Happy Joe's and Happy Joe's Pizza & Ice Cream Parlor franchises. Historical data shows 3 SBA 7(a) loans have been approved for Happy Joe's and Happy Joe's Pizza & Ice Cream Parlor franchisees, with an average loan amount of $1,238,333. The historical default rate is 0.0%.

Is Happy Joe's and Happy Joe's Pizza & Ice Cream Parlor a good franchise to buy?

Happy Joe's and Happy Joe's Pizza & Ice Cream Parlor shows several positive indicators: transparent financial performance data (Item 19), low SBA loan default rate. However, franchise success depends on many factors including location, local market conditions, and owner involvement. We recommend speaking with existing franchisees and consulting with a franchise attorney before making a decision.

Interested in Happy Joe's and Happy Joe's Pizza & Ice Cream Parlor?

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