Pizza franchise investments range from under $100K for non-traditional locations to over $2M for dine-in concepts. Top performers like Blaze Pizza and Rosati's report $1.2-1.3M in average unit revenue.
Pizza franchise investments range from under $100K for non-traditional locations to over $2M for dine-in concepts. Top performers like Blaze Pizza and Rosati's report $1.2-1.3M in average unit revenue.
Pizza franchise investment requirements range from under $200K for delivery-only concepts to over $700K for established brands with dine-in. The economics depend heavily on format: delivery/carryout models require less space and staff, while dine-in adds complexity and overhead.
This analysis compares 11 pizza franchises using data from their Franchise Disclosure Documents—including total investment ranges, disclosed revenues, royalty structures, and franchisee turnover rates. Not all brands disclose financial performance; those that do are noted below.
Data source: 2025 FDD filings · 11 franchises analyzed · Updated January 2026
This page ranks pizza franchises by total locations, reported revenue from Item 19, projected growth, and minimum investment. The pizza industry is split between national chains with delivery infrastructure and regional brands focused on quality. Investment varies by format—delivery/carryout runs leaner than dine-in.
| Franchise | Investment | Fee | Locations | Revenue |
|---|---|---|---|---|
| DOMINO'S PIZZA | N/A | $10K | 6,751 | $26K |
| PIZZA HUT (NON-TRADITIONAL) | $51K - $304K | $10K | 1,332 | - |
| PAPA MURPHY'S | $367K - $733K | $25K | 1,001 | - |
| BLAZE PIZZA | $597K - $1.1M | $30K | 283 | $1.3M |
| BLAZE PIZZA | $667K - $1.1M | $30K | 254 | $1.3M |
| Rosati's Pizza Enterprises, Inc. | $147K - $501K | $35K | 131 | $1.2M |
| TOPPERS PIZZA | $510K - $690K | $30K | 55 | $1.0M |
| Happy's Pizza | $264K - $619K | $25K | 54 | $1.1M |
| Carbone's Pizzeria and Carbone's Pizza | $329K - $908K | $25K | 32 | $1.1M |
| Giordano's Restaurants | $609K - $2.1M | $40K | 32 | $1.8M |
Ranked by net income, EBITDA, or owner earnings from Item 19 FDD disclosures. Not all franchises disclose profit data.
Ranked by average gross revenue per location from Item 19 FDD disclosures.
Ranked by projected new locations from Item 20 of their FDD filings.
Ranked by minimum initial investment from Item 7 of their FDD filings.
| Franchise | Investment | Fee | Locations | Revenue |
|---|---|---|---|---|
| PIZZA HUT (NON-TRADITIONAL) | $51K - $304K | $10K | 1,332 | - |
| Rosati's Pizza Enterprises, Inc. | $147K - $501K | $35K | 131 | $1.2M |
| Happy's Pizza | $264K - $619K | $25K | 54 | $1.1M |
| Carbone's Pizzeria and Carbone's Pizza | $329K - $908K | $25K | 32 | $1.1M |
| PAPA MURPHY'S | $367K - $733K | $25K | 1,001 | - |
Pizza franchises work for buyers comfortable with food service operations, late hours, and managing delivery logistics. Most concepts require $200K-700K and hands-on involvement. The best-performing operators often have restaurant experience or run multiple units to spread fixed costs.
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