SARPINO'S

Financials from the 2024 FDD position Sarpino's as accessible for pizza franchise seekers: Item 7 pegs total investment at $395,500-$582,000, including a $30,000 franchise fee. Ongoing fees total 8% of sales (6% royalty + 2% brand/ad fund), aligning with category norms for quick-service Italian. Item 19 shines brightest, reporting average gross revenues of $1,049,590 and median $1,066,872 across 43 locations—impressive for a smaller system, suggesting strong per-unit economics before costs like labor and food (typically 25-30% in pizza). No profit figures disclosed, but these toplines imply solid cash flow potential in high-traffic delivery markets.

System metrics reveal caution amid promise: locations flat at 43 from 2022-2023 (+0% growth), with 6 projected new units and just 1 transfer, indicating limited expansion momentum since franchising began in 2002. SBA data bolsters confidence—27 loans averaging $218,219 with a low 3.7% default rate, far below food category averages (often 10-15%), pointing to franchisee success in securing and repaying financing. For investors, high revenues offset slow growth risks, but multi-unit developers may find better scale in faster-expanding brands; single-unit operators could thrive in underserved Italian delivery spots.