Riko's Pizza franchise
2026 filing · April 24, 2026Shares sales figures
Riko's Pizza at a glance
A full-service restaurant serving thin-crust tavern-style pizza, salad pizzas, wings and drinks including alcohol.
The business
- Franchisor
- Riko's Franchise Corporation
- The company that sells the franchises
- Franchising since
- 2018
- 8 years of selling franchises
- Franchisor based in
- Stamford, Connecticut
What you pay
- Cost to open
- $982K–$1.34M
- Fee, build-out and opening working capital
- Franchise fee
- $45,000
- Paid once, when you sign
- Royalty
- 6%
- 6% of gross sales, paid weekly, plus 2.5% to the brand development fund
- Brand fund
- 2.5%
- 2.5% of gross sales, paid with the royalty
- Agreement length
- 10 years
- Territory
- Limited
- Limited protection
- Franchisor financing
- None offered
Where it is
- Franchised, 2025
- 7
- As printed in the filing
From Riko's Franchise Corporation’s 2026 filing; SBA status from the SBA Franchise Directory, October 28, 2026.
Where it ranks
Riko's Pizza among all franchises with the same figure.
| Figure | Riko's Pizza | Among all franchises |
|---|---|---|
| Cost to open, midpointHalfway between the low and high estimate | $1,163,300 | Costs more than 86% of franchises |
| Franchise feePaid once, when you sign | $45,000 | Higher than 55% of franchises |
| RoyaltyShare of sales paid to the franchisor | 6% | Higher than 35% of brands with a set rate |
How much a Riko's Pizza franchise costs
Opening one Riko's Pizza costs an estimated $982,300 to $1,344,300. That covers the franchise fee and everything else needed to open, through the first months of working capital.
The biggest costs are leasehold improvements ($300,000 to $350,000) and equipment ($250,000 to $350,000). Here is every line of the estimate as filed:
| What it pays for | Range | Low | High |
|---|---|---|---|
| Initial Franchise Fee | $45,000 | ||
| Rent – 3 Months | $30,000 | $60,000 | |
| Lease & Utility Security Deposit | $30,000 | $60,000 | |
| Design & Architect Fees | $25,000 | $50,000 | |
| Leasehold Improvements | $300,000 | $350,000 | |
| Signage | $10,000 | $25,000 | |
| Furniture and Fixtures | $175,000 | $210,000 | |
| Equipment | $250,000 | $350,000 | |
| Point of Sale & Computer Equipment | $1,000 | ||
| Security System | $10,000 | $25,000 | |
| Business Licenses & Permits (Not Including Liquor License) | $5,000 | $20,000 | |
| Professional Fees | $7,500 | $10,000 | |
| Insurance – 3 Months | $9,000 | $18,000 | |
| Initial Inventory | $20,000 | $30,000 | |
| Training Expenses | $4,500 | $10,000 | |
| Grand Opening Marketing and Advertising | $15,000 | ||
| Technology Fee – 3 Months | $300 | ||
| Miscellaneous | $10,000 | $15,000 | |
| Additional Funds – 3 Months | $35,000 | $50,000 | |
| Total | $982,300 | $1,344,300 | |
Source: Riko's Franchise Corporation, 2026 filing, page 19
Riko's Pizza franchise fee
The franchise fee is $45,000. You pay it when you sign the franchise agreement.
Source: Riko's Franchise Corporation, 2026 filing, page 11
Royalty and ongoing fees
| Royalty | 6% of gross sales, paid weekly, plus 2.5% to the brand development fund. |
|---|---|
| Brand or marketing fund | 2.5% of gross sales, paid with the royalty. |
| Point of Sale System Fees | $500 |
The typical franchise royalty is 6% of sales, plus 2% for marketing. See franchise fees and royalties to compare.
Source: Riko's Franchise Corporation, 2026 filing, page 12
Other fees as filed, from page 16. The filing lists every fee, including late fees and audit costs.
Sales and earnings
Shares figures Riko's Pizza publishes sales or earnings figures for its locations. The full tables, with notes on which locations are counted, are in its filing.
Source: Riko's Franchise Corporation, 2026 filing, page 54
SBA loans to Riko's Pizza franchisees
Lenders approved 2 SBA 7(a) loans for Riko's Pizza franchisees from 2023 to 2024, $1.09M in all. None has been paid off or charged off 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
How Riko's Pizza compares
Of the 122 pizza franchises on this site, Riko's Pizza is the 106th cheapest to open.
| Figure | Riko's Pizza | Typical pizza brand | Typical franchise |
|---|---|---|---|
| Cost to open, low end | $982K | $349K | $222K |
| Cost to open, high end | $1.34M | $787K | $477K |
| Franchise fee | $45K | $30K | $40K |
| Royalty | 6% | 5% | 6% |
| Brand fund | 2.5% | 1.9% | 2% |
| 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 |
|---|---|---|
| 2023 | 4 (+1) | 4 |
| 2024 | 8 (+4) | 4 |
| 2025 | 7 (−1) | 4 |
Closed or left counts terminations, non-renewals, locations bought back by the franchisor and locations that stopped operating.
These figures don't add up as printed: the 2025 counts come to 11, but the filing shows 12. Worth asking the franchisor.
See which brands grew most in the fastest-growing franchises rankings.
More in the guides: pizza franchise costs and franchise failure rates.
Source: Riko's Franchise Corporation, 2026 filing, page 57
Where Riko's Pizza locations are
At the end of 2025, Riko's Pizza had locations in 4 states. The most are in Connecticut, New York and Florida.
- Connecticut6
- New York3
- Florida1
- North Carolina1
| State | Franchised | Company-owned | Total |
|---|---|---|---|
| Connecticut | 2 | 4 | 6 |
| New York | 3 | 0 | 3 |
| Florida | 1 | 0 | 1 |
| North Carolina | 1 | 0 | 1 |
Source: Riko's Franchise Corporation, 2026 filing, page 58
Who owns Riko's Pizza?
Riko's Pizza franchises are sold by Riko's Franchise Corporation. Its filing names no parent company.
From Riko's Franchise Corporation’s 2026 filing, page 6.
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: Riko's Franchise Corporation, 2026 filing, litigation on page 10, bankruptcy on page 11
Riko's Pizza filings
The figures on this page come from Riko's Franchise Corporation’s 2026 filing, issued April 24, 2026, on record with the NASAA Electronic Filing Depository.
| Filing | Issued | Registry | On this page |
|---|---|---|---|
| 2026 filing | April 24, 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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