Carbone's Pizzeria franchise
A pizza restaurant providing dine-in, takeout and delivery services. At the end of 2025 there were 33 Carbone's Pizzeria locations in the US, 31 franchised and 2 company-owned.
- Cost to open
- $329K–$909K
- Franchise fee
- $25,000
- Royalty
- Sales-based tiers starting at 4%
- Locations, 2025
- 33−4 in 3 yrs
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Company snapshot
- SBA loans
- Not on the SBA Franchise Directory
From M & T Pizza Incorporated’s 2026 filing; SBA status from the SBA Franchise Directory, October 28, 2026.
How much a Carbone's Pizzeria franchise costs
Opening Fast-casual restaurant costs an estimated $328,600 to $909,250. That covers the franchise fee and everything else needed to open, through the first months of working capital.
Source: M & T Pizza Incorporated, 2026 filing, page 10
Carbone's Pizzeria franchise fee
The franchise fee is $25,000. You pay it when you sign the franchise agreement.
Source: M & T Pizza Incorporated, 2026 filing, page 8
Royalty and ongoing fees
| Royalty | A tiered royalty starting at 4% of the first $1 million in annual gross sales, with a lower rate on higher sales. |
|---|
The typical franchise royalty is 6% of sales, plus 2% for marketing. See franchise fees and royalties to compare.
Source: M & T Pizza Incorporated, 2026 filing, page 8
Sales and earnings
Shares figures Carbone's Pizzeria publishes sales or earnings figures for its locations. The full tables, with notes on which locations are counted, are in its filing.
Source: M & T Pizza Incorporated, 2026 filing, page 26
Locations opened and closed
| Year | Franchised | Company-owned | Closed |
|---|---|---|---|
| 2023 | 34 (−1) | 2 | 2 |
| 2024 | 32 (−2) | 2 | 2 |
| 2025 | 31 (−1) | 2 | 1 |
Closed or left counts terminations, non-renewals, locations bought back by the franchisor and locations that stopped operating.
See which brands grew most in the fastest-growing franchises rankings.
Source: M & T Pizza Incorporated, 2026 filing, page 28
How Carbone's Pizzeria compares
Of the 23 pizza franchises on this site, Carbone's Pizzeria is the 7th cheapest to open and the 16th largest by number of locations.
| Measure | Carbone's Pizzeria | Typical pizza |
|---|---|---|
| Cost to open, low end | $329K | $573K |
| Closed or left per year | 4.9% | 2.7% |
| Change in franchised locations, 3 yrs | −11.4% | +3.9% |
| Shares earnings figures | Yes | 17 of 23 |
Typical is the median across the 23 brands in pizza franchises.
