Leo's Pizzeria & Bar franchise
2022 filing · April 21, 2022
Leo's Pizzeria & Bar at a glance
A sit-down pizzeria and bar serving pizza, wings, subs and salads for dine-in, carry-out and delivery. At the end of 2021 there were 4 Leo's Pizzeria & Bar locations in the US, 2 franchised and 2 company-owned.
The business
- Franchisor
- Leo's Pizzeria Franchise LLC
- The company that sells the franchises
What you pay
- Cost to open
- $1.04M–$1.64M
- Fee, build-out and opening working capital
- Franchise fee
- $25,000
- Paid once, when you sign
- Royalty
- 3.5%–5.5% tiered
- 3.5% of gross revenues for the first 12 months; after that 3.5% up to $2.5 million a year, 4.5% from $2.5 million to $3.5 million and 5.5% above, paid weekly
Where it is
- US locations, 2021
- 4
- Franchised and company-owned
- Franchised
- 2
- Company-owned
- 2
From Leo's Pizzeria Franchise LLC’s 2022 filing; SBA status from the SBA Franchise Directory, October 28, 2026.
Where it ranks
Leo's Pizzeria & Bar among all franchises with the same figure.
| Figure | Leo's Pizzeria & Bar | Among all franchises |
|---|---|---|
| Cost to open, midpointHalfway between the low and high estimate | $1,339,750 | Costs more than 88% of franchises |
| Franchise feePaid once, when you sign | $25,000 | Lower than 82% of franchises |
| US locationsFranchised and company-owned | 4 | Fewer than 74% of franchises |
How much a Leo's Pizzeria & Bar franchise costs
Opening one Leo's Pizzeria & Bar costs an estimated $1,036,000 to $1,643,500. That covers the franchise fee and everything else needed to open, through the first months of working capital.
Source: Leo's Pizzeria Franchise LLC, 2022 filing, page 16
Leo's Pizzeria & Bar franchise fee
The franchise fee is $25,000. You pay it when you sign the franchise agreement.
Source: Leo's Pizzeria Franchise LLC, 2022 filing, page 8
Royalty and ongoing fees
| Royalty | 3.5% of gross revenues for the first 12 months; after that 3.5% up to $2.5 million a year, 4.5% from $2.5 million to $3.5 million and 5.5% above, paid weekly. |
|---|
The typical franchise royalty is 6% of sales, plus 2% for marketing. See franchise fees and royalties to compare.
Source: Leo's Pizzeria Franchise LLC, 2022 filing, page 9
Sales and earnings
No figures Leo's Pizzeria & Bar 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: Leo's Pizzeria Franchise LLC, 2022 filing, page 52
- Estimate Estimated yearly sales per location
- $1.3M–$2.4M
Estimated from the sales that 292 comparable franchises file, matched on industry, format, cost to open, fees and size.
How Leo's Pizzeria & Bar compares
Of the 122 pizza franchises on this site, Leo's Pizzeria & Bar is the 107th cheapest to open and the 94th largest by number of locations.
| Figure | Leo's Pizzeria & Bar | Typical pizza brand | Typical franchise |
|---|---|---|---|
| Cost to open, low end | $1.04M | $349K | $222K |
| Cost to open, high end | $1.64M | $787K | $477K |
| Franchise fee | $25K | $30K | $40K |
| US locations | 4 | 26 | 21 |
| Change in franchised locations, 0 yrs | −33.3% | 0% | – |
| 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 |
|---|---|---|
| 2019 | 2 (−1) | 2 |
| 2020 | 2 (0) | 2 |
| 2021 | 2 (0) | 2 |
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: Leo's Pizzeria Franchise LLC, 2022 filing, page 53
Who owns Leo's Pizzeria & Bar?
Leo's Pizzeria & Bar franchises are sold by Leo's Pizzeria Franchise LLC.
From Leo's Pizzeria Franchise LLC’s 2022 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 105. |
|---|---|
| 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: Leo's Pizzeria Franchise LLC, 2022 filing, litigation on page 105, bankruptcy on page 8
Leo's Pizzeria & Bar filings
The figures on this page come from Leo's Pizzeria Franchise LLC’s 2022 filing, issued April 21, 2022, on record with the NASAA Electronic Filing Depository.
| Filing | Issued | Registry | On this page |
|---|---|---|---|
| 2022 filing | April 21, 2022 | NASAA depository | Costs, fees and locations, 2019–2021 |
Each link opens the filing as a PDF. See the newest filings across all brands.
Other pizza franchises
All pizza franchises
Leo's Pizzeria & Bar is also on these lists: restaurant franchises, food franchises.