This Franchise Disclosure Document describes a Happy’s Pizza® Restaurant unit franchise and a Happy’s Pizza® area development franchise. The Happy’s Pizza® Restaurant unit franchise is a restaurant business that sells pizza, ribs, chicken, seafood, subs, salads, and other food products to the general public for carryout, dine-in, catering or delivery.
Company Background
Happy's Pizza is the fastest-growing pizzeria in America and has been rated "One of the Fastest Growing Franchises" by Entrepreneur Magazine. We offer a unique, family oriented environment where everyone can have fun while enjoying delicious food. Our mission is to provide our customers with great tasting pizza, ribs, chicken and other mouthwatering dishes at affordable prices. Join us today to be part of this exciting opportunity!
Franchise Opportunity
The average cost of starting a new restaurant is over $400,000. Starting a franchise can be risky and expensive. We are here to help you find the perfect franchise opportunity for your budget and business goals. Happy's Pizza(R) offers two different franchise opportunities that each have their own pros and cons, but we will work with you to figure out which one is right for you!
Corporate Structure
We are a Michigan limited liability company, organized on August 28th, 2006; however, we did not begin operations until 2007. We do business under our company name and the “Happy’s Pizza®” name. Our principal business address is 30201 Orchard Lake Road, Suite 200, Farmington Hills, Michigan 48334.
Investment and Franchisee Fees
The total investment necessary to begin operation of a Happy’s Pizza® Restaurant unit franchise is from $336,500 to $608,000.
Franchisee Attrition
10 /10
This franchise's rate of attrition in 2023
of 0.00%
was
Lower
than the 8% in the QSR industry. Generally speaking, a higher rate of attrition represents a less stable franchise system and a lower rate of attrition indicates a more successful system
What's Included in franchise attrition?
We define the franchisee attrition rate as the sum of terminations, re-acquisitions by
franchisor, non-renewals, and ceased operations, divided by the number of outlest at the start of the year.
It is a strong indicator of the strength of the underlying operating model
Employee Contact Database
#
Name
Position
Phone Number
Email Address
Franchise Disclosure Documents
FDD
Effective Date
Distribution of Happy's Pizza Franchisees
Happy's Pizza Franchise System Development in 2014
FAQ
How much investment do I need to start my own Happy's Pizza business?
Franchisees typically require at least
$314,380 to
$495,000 investment to get their
Happy's Pizza business started
What are the initial franchise fees for Happy's Pizza?
Franchisees typically need to pay at least
$35,000 in fees directly to
Happy's Pizza in order to earn the right to launch their business
How much money can I make with a Happy's Pizza franchise? What are
the average revenues for a typical Happy's Pizza business?
We haven’t done the math on how much revenue a typical
Happy's Pizza brings in each year. We estimate that other
franchisees in the Food & Beverage industry generate
$0 revenue, so we would expect
Happy's Pizza to generate a similar amount
How long do I need to commit to running a Happy's Pizza unit? What
is my contractual commitment?
The standard length for an initial franchise contract is 10 years. Renewals are
also generally 10 years
Accessibility
9 /10
The Franchisor's investment costs ranges from
$177,500 to $341,000
which is
Much Lower
than the $619,545 to $1,693,635 average in the QSR industry
What determines the investment cost?
Item 7 of the Franchise Disclosure Document lays out the full list of initial investment costs, including the fee payable to the franchisor, security deposits, equipment, professional fees etc
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