Chanello's Pizza franchise
2026 filing · April 7, 2026Fewer locations
Chanello's Pizza at a glance
A carry-out and delivery restaurant serving pizzas, subs and wings. At the end of 2025 there were 28 Chanello's Pizza locations in the US, 10 franchised and 18 company-owned, so most are run by the company itself.
The business
- Franchisor
- Over the Top Pizza, Inc
- The company that sells the franchises
- Franchising since
- 2022
- 4 years of selling franchises
- First location
- 1987
- Franchisor based in
- Norfolk, Virginia
- Typical size
- 1,000–1,400 sq ft
What you pay
- Cost to open
- $226K–$433K
- Fee, build-out and opening working capital
- Franchise fee
- $20,000
- Signed under a development agreement whose fee is credited against it
- Royalty
- 5%
- 5% of gross sales, paid weekly, plus a production fund fee of 2% once the fund starts
- Renewal fee
- See terms
- 25% of the initial franchise fee we are then charging new franchisees
- Agreement length
- 10 years
- Territory
- Limited
- Limited protection
- Franchisor financing
- None offered
Where it is
- US locations, 2025
- 28
- Franchised and company-owned
- Franchised
- 10
- Company-owned
- 18
- Change in 3 years
- −1
- Franchised locations, 2023–2025
- States
- 1
- Most in Virginia
From Over the Top Pizza, Inc’s 2026 filing; SBA status from the SBA Franchise Directory, October 28, 2026.
Where it ranks
Chanello's Pizza among all franchises with the same figure.
| Figure | Chanello's Pizza | Among all franchises |
|---|---|---|
| Cost to open, midpointHalfway between the low and high estimate | $329,500 | Costs less than 53% of franchises |
| Franchise feePaid once, when you sign | $20,000 | Lower than 89% of franchises |
| RoyaltyShare of sales paid to the franchisor | 5% | Lower than 69% of brands with a set rate |
| US locationsFranchised and company-owned | 28 | More than 55% of franchises |
How much a Chanello's Pizza franchise costs
Opening one Chanello's Pizza costs an estimated $226,000 to $433,000. That covers the franchise fee and everything else needed to open, through the first months of working capital.
The biggest costs are furnishings, fixtures & equipment (including signs) ($72,000 to $150,000) and buildout/leasehold improvements ($40,000 to $120,000). Here is every line of the estimate as filed:
| What it pays for | Range | Low | High |
|---|---|---|---|
| Initial Franchise Fee | $20,000 | ||
| Buildout/Leasehold Improvements | $40,000 | $120,000 | |
| Furnishings, Fixtures & Equipment (including signs) | $72,000 | $150,000 | |
| Computer/POS system | $18,000 | $30,000 | |
| Start-up Inventory & Supplies | $5,000 | $10,000 | |
| Smallwares | $6,000 | $15,000 | |
| Expenses to attend Training | $5,000 | $8,000 | |
| Market Introduction Plan | $20,000 | ||
| Licenses, permits, insurance, architects, legal, accounting, deposits | $15,000 | $20,000 | |
| Additional Funds – first 3 months of operation | $25,000 | $40,000 | |
| Total | $226,000 | $433,000 | |
Source: Over the Top Pizza, Inc, 2026 filing, page 16
Chanello's Pizza franchise fee
The franchise fee is $20,000, signed under a development agreement whose fee is credited against it. You pay it when you sign the franchise agreement.
Source: Over the Top Pizza, Inc, 2026 filing, page 10
Royalty and ongoing fees
| Royalty | 5% of gross sales, paid weekly, plus a production fund fee of 2% once the fund starts. |
|---|---|
| Renewal Fee | 25% of the initial franchise fee we are then charging new franchisees |
| Additional Required Training | $500 per day (plus travel expenses if conducted at your location) |
| Local Store Marketing | 5% of Gross Sales |
The typical franchise royalty is 6% of sales, plus 2% for marketing. See franchise fees and royalties to compare.
Source: Over the Top Pizza, Inc, 2026 filing, page 10
Other fees as filed, from pages 11–14. The filing lists every fee, including late fees and audit costs.
Sales and earnings
No figures Chanello's Pizza does not share sales or profit figures for its locations. Talking to current and former franchise owners is the usual way to learn what a location earns.
Source: Over the Top Pizza, Inc, 2026 filing, page 45
- Estimate Estimated yearly sales per location
- $620K–$1.1M
Estimated from the sales that 292 comparable franchises file, matched on industry, format, cost to open, fees and size.
Growth and closures
Share of franchised locations, 2025 / 2023–2025. Typical means the median: half of brands are above it, half below.
| Measure | Chanello's Pizza | Typical pizza brand | Typical franchise |
|---|---|---|---|
| GrowthNet change in franchised locations | −9.1% / −9.1% | 0% / −3% | +1.2% / +10% |
| ClosuresTerminated, not renewed or stopped operating | 9.1% / 9.1% | 2.8% / 9.1% | 3.9% / 16% |
| Bought backLocations the franchisor took back | 0% / 0% | 0% / 0% | 0% / 0% |
Typical pizza brand is the median of the 49 brands in pizza franchises with three years of counts.
How Chanello's Pizza compares
Of the 122 pizza franchises on this site, Chanello's Pizza is the 31st cheapest to open and the 55th largest by number of locations.
| Figure | Chanello's Pizza | Typical pizza brand | Typical franchise |
|---|---|---|---|
| Cost to open, low end | $226K | $349K | $222K |
| Cost to open, high end | $433K | $787K | $477K |
| Franchise fee | $20K | $30K | $40K |
| Royalty | 5% | 5% | 6% |
| US locations | 28 | 26 | 21 |
| Shares earnings figures | No | 63 of 122 | 2,147 of 3,352 |
Typical is the median across the 122 brands in pizza franchises; typical franchise, across every brand here.
Locations opened and closed
| Year | Franchised | Company-owned | Opened | Closed |
|---|---|---|---|---|
| 2023 | 11 (0) | 19 | 0 | 0 |
| 2024 | 11 (0) | 19 | 0 | 0 |
| 2025 | 10 (−1) | 18 | 0 | −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.
More in the guides: pizza franchise costs and franchise failure rates.
Source: Over the Top Pizza, Inc, 2026 filing, page 45
Where Chanello's Pizza locations are
At the end of 2025, Chanello's Pizza had locations in 1 state. The most are in Virginia.
- Virginia28
| State | Franchised | Company-owned | Total |
|---|---|---|---|
| Virginia | 10 | 18 | 28 |
Source: Over the Top Pizza, Inc, 2026 filing, page 46
Who owns Chanello's Pizza?
Chanello's Pizza franchises are sold by Over the Top Pizza, Inc. Its filing names no parent company.
From Over the Top Pizza, Inc’s 2026 filing, page 7.
Lawsuits and bankruptcy
| Lawsuits and regulatory actions | None. The filing says no litigation has to be disclosed. |
|---|---|
| Bankruptcy | None. The filing says no bankruptcy has to be disclosed. |
Franchisors must disclose lawsuits and bankruptcies involving the company, its parents and affiliates, and its executives. Many cases are routine disputes with franchisees over fees or contracts; read the descriptions in the filing and ask current owners about anything that worries you.
Source: Over the Top Pizza, Inc, 2026 filing, litigation on page 9, bankruptcy on page 9
Chanello's Pizza filings
The figures on this page come from Over the Top Pizza, Inc’s 2026 filing, issued April 7, 2026, on record with the NASAA Electronic Filing Depository.
| Filing | Issued | Registry | On this page |
|---|---|---|---|
| 2026 filing | April 7, 2026 | NASAA depository | Costs, fees and locations, 2023–2025 |
Each link opens the filing as a PDF. See the newest filings across all brands.
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