Happy's Pizza franchise
2025 filing · July 14, 2025Fewer locationsShares sales figures
Happy's Pizza at a glance
A pizza restaurant serving pizza, ribs, chicken and subs for carryout and delivery. At the end of 2024 there were 54 Happy's Pizza locations in the US, all franchised.
The business
- Franchisor
- Happy’s Pizza Franchise, LLC
- The company that sells the franchises
- Current franchisor selling since
- 2007
- 18 years of selling franchises
- Franchisor based in
- Farmington Hills, Michigan
What you pay
- Cost to open
- $264K–$619K
- Standard restaurant
- Franchise fee
- $25,000
- Paid once, when you sign
- Royalty
- $1,500 a month
- A flat royalty of $1,500 a month, paid in advance
- Brand fund
- Yes
- Up to $750 a week
- Territory
- Limited
- Limited protection
- Franchisor financing
- None offered
Where it is
- US locations, 2024
- 54
- Franchised and company-owned
- Franchised
- 54
- Company-owned
- 0
- Change in 3 years
- −7
- Franchised locations, 2022–2024
- States
- 2
- Most in Michigan and Ohio
Support and records
- Lawsuits disclosed
- Yes
- Franchisor revenue, 2025
- $3.25M
- The company, not one location
- Franchisor net income
- $1.77M
- Latest filing
- Jul 14, 2025
- 2025 filing
From Happy’s Pizza Franchise, LLC’s 2025 filing; revenue and net income from its audited financial statements, page 88; SBA status from the SBA Franchise Directory, October 28, 2026.
Franchisor revenue is the company that sells the franchises (royalties, fees and anything else it earns), not what a location makes.
Where it ranks
Happy's Pizza among all franchises with the same figure.
| Figure | Happy's Pizza | Among all franchises |
|---|---|---|
| Cost to open, midpointHalfway between the low and high estimate | $441,475 | Costs more than 59% of franchises |
| Franchise feePaid once, when you sign | $25,000 | Lower than 82% of franchises |
| US locationsFranchised and company-owned | 54 | More than 66% of franchises |
| Sales per locationYearly, as the brand reports it | $1,068,578 | Higher than 66% of brands that share sales figures |
| Sales against cost to openYearly sales over the cost midpoint | 2.4× | Higher than 71% of brands that share sales figures |
How much a Happy's Pizza franchise costs
Opening Standard restaurant costs an estimated $263,700 to $619,250. That covers the franchise fee and everything else needed to open, through the first months of working capital.
The biggest costs are equipment, furniture and fixtures ($75,000 to $250,000) and leasehold improvements ($93,750 to $160,000). Here is every line of the estimate as filed:
| What it pays for | Range | Low | High |
|---|---|---|---|
| Franchise Fee | $25,000 | ||
| Rent | $8,000 | $43,750 | |
| Security Deposits | $3,200 | $17,500 | |
| Leasehold Improvements | $93,750 | $160,000 | |
| Equipment, Furniture and Fixtures | $75,000 | $250,000 | |
| Insurance | $2,500 | $10,000 | |
| Permits and Licenses | $250 | $3,000 | |
| Initial Inventory | $15,000 | ||
| Signage | $10,000 | $20,000 | |
| Grand Opening Advertising | $15,000 | ||
| Architecture & MEP Drawings | $2,500 | $10,000 | |
| Travel Expenses for Training | $2,500 | $10,000 | |
| Professional Fees | $1,000 | $5,000 | |
| Opening Assistance | $0 | $10,000 | |
| Additional Funds (3 months) | $10,000 | $25,000 | |
| Total | $263,700 | $619,250 | |
Source: Happy’s Pizza Franchise, LLC, 2025 filing, page 19
Happy's Pizza franchise fee
The franchise fee is $25,000. You pay it when you sign the franchise agreement.
Source: Happy’s Pizza Franchise, LLC, 2025 filing, page 11
Royalty and ongoing fees
| Royalty | A flat royalty of $1,500 a month, paid in advance. |
|---|---|
| Brand or marketing fund | Up to $750 a week. |
The typical franchise royalty is 6% of sales, plus 2% for marketing. See franchise fees and royalties to compare.
Source: Happy’s Pizza Franchise, LLC, 2025 filing, page 11
Sales and earnings
Shares figures Happy's Pizza publishes sales or earnings figures for its locations. The full tables, with notes on which locations are counted, are in its filing.
- Average sales
- $1,068,578
- Median sales
- $1,069,119
Yearly figures for 2024, covering franchised standard restaurants open all of 2024 (50 locations). The average is about 2.4 times the midpoint of the cost to open.
Sales are what a location takes in before rent, payroll, royalties and other costs, not what its owner keeps.
Source: Happy’s Pizza Franchise, LLC, 2025 filing, pages 57–58
SBA loans to Happy's Pizza franchisees
Lenders approved 11 SBA 7(a) loans for Happy's Pizza franchisees from 2014 to 2022, $4.71M in all. Of the 10 that have ended, 6 were paid in full and 4 were charged off. The other one hasn’t ended yet.
A charged-off loan is one written off as uncollectible. See SBA franchise loans for how 7(a) and 504 loans work.
Source: SBA 7(a) and 504 loan data, as of September 30, 2026
Growth and closures
Share of franchised locations, 2024 / 2022–2024. Typical means the median: half of brands are above it, half below.
| Measure | Happy's Pizza | Typical pizza brand | Typical franchise |
|---|---|---|---|
| GrowthNet change in franchised locations | −5.3% / −11% | 0% / −3% | +1.2% / +10% |
| ClosuresTerminated, not renewed or stopped operating | 11% / 23% | 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 Happy's Pizza compares
Of the 122 pizza franchises on this site, Happy's Pizza is the 39th cheapest to open and the 36th largest by number of locations.
| Figure | Happy's Pizza | Typical pizza brand | Typical franchise |
|---|---|---|---|
| Cost to open, low end | $264K | $349K | $222K |
| Cost to open, high end | $619K | $787K | $477K |
| Franchise fee | $25K | $30K | $40K |
| Sales per location | $1.07M | $1.02M | $794K |
| US locations | 54 | 26 | 21 |
| Shares earnings figures | Yes | 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 |
|---|---|---|---|---|
| 2022 | 56 (−5) | 0 | +2 | −7 |
| 2023 | 57 (+1) | 0 | +2 | −1 |
| 2024 | 54 (−3) | 0 | +3 | −6 |
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: Happy’s Pizza Franchise, LLC, 2025 filing, page 60
Where Happy's Pizza locations are
At the end of 2024, Happy's Pizza had franchised locations in 2 states. The most are in Michigan and Ohio.
- Michigan45
- Ohio9
Source: Happy’s Pizza Franchise, LLC, 2025 filing, page 60
Who owns Happy's Pizza?
Happy's Pizza franchises are sold by Happy’s Pizza Franchise, LLC.
From Happy’s Pizza Franchise, LLC’s 2025 filing.
Lawsuits and bankruptcy
| Lawsuits and regulatory actions | Yes. The filing describes past or pending cases involving the franchisor, its affiliates or its executives on page 10. |
|---|---|
| Bankruptcy | The predecessor of a sister brand, BurgerFi International, filed for Chapter 11 in September 2024. The franchisor itself has no bankruptcy to disclose. |
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: Happy’s Pizza Franchise, LLC, 2025 filing, litigation on page 10, bankruptcy on page 10
Happy's Pizza filings
The figures on this page come from Happy’s Pizza Franchise, LLC’s 2025 filing, issued July 14, 2025, on record with the Minnesota Department of Commerce.
| Filing | Issued | Registry | On this page |
|---|---|---|---|
| 2025 filing | July 14, 2025 | Minnesota | Costs, fees and locations, 2022–2024 |
Each link opens the filing as a PDF. See the newest filings across all brands.
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Happy's Pizza is also on these lists: fast food franchises, restaurant franchises, food franchises.