About Grimaldi's Franchise
Grimaldi's is a well known coal fired brick oven pizzeria franchise celebrated for its New York style pizza, calzones, and Italian inspired menu.
The brand traces its heritage to the storied Brooklyn pizza tradition and has built a loyal following for its distinctive thin crust pies cooked in coal fired ovens that reach extremely high temperatures for a signature char and flavor.
The franchise fee for a Grimaldi's location is $5,000.
Grimaldi's Franchise Cost & Fees
Minimum Investment
$1.1M
Average Investment
$1.3M
Maximum Investment
$1.4M
| Fee Type | Amount | Notes |
|---|---|---|
| Initial Franchise Fee | $5,000 | One-time payment upon signing |
| Royalty Fee | 6% of Gross Sales of gross sales | Ongoing; paid monthly |
| Marketing/Ad Fund | You must also spend 3% of Gross Sales on local advertising for your Franchised R | National brand fund |
| Total Investment Range | $1,107,000 – $1,415,000 | Includes build-out, inventory, working capital |
The investment range of $1.1M–$1.4M reflects variability in build-out costs, store size, lease terms, and market. The combined royalty (6% of Gross Sales) and marketing fee (You must also spend 3% of Gross Sales on local advertising for your Franchised R) are ongoing costs paid as a percentage of gross sales.
Investment Breakdown (Item 7)
| Item | Low | High |
|---|---|---|
| Construction and Leasehold Improvements (1)* | $630,000 | $850,000 |
| Architectural and Engineering Fees (2)* | $32,000 | $40,000 |
| Equipment (3)* | $210,000 | $240,000 |
| Coal Brick Oven (4)* | $50,000 | $50,000 |
| Furniture and Fixtures (5)* | $60,000 | $65,000 |
| Interior Finishes and Equipment (6)* | $85,000 | $105,000 |
| Exterior Finishes and Equipment (7)* | $40,000 | $65,000 |
| TOTAL IMPROVEMENT COSTS | $1,107,000 | $1,415,000 |
| Initial Franchise Fee (8) | $50,000 | $50,000 |
| Professional Services (9) | $10,000 | $20,000 |
| Rent (3 months) (10) | $46,500 | $67,500 |
| Pre-opening Travel (11) | $24,500 | $31,500 |
| Pre-opening Labor (12) | $45,000 | $55,000 |
| Market Introduction (opening advertising) (13) | $13,000 | $18,000 |
| Business Permits and Licenses (14) excluding a liquor license (15) | $800 | $1,500 |
| Opening Inventory (16) | $20,000 | $25,000 |
Additional Fees (Item 6)
| Fee Type | Amount |
|---|---|
| Transfer Fee | 6% of Gross Sales2 |
| Audit Fee | If an inspection or audit discloses an under-statement in any report of 2% or mo |
| Convention Registration | $700 |
| Interest Charges | 1.5% per month or the maximum rate permitted by applicable law, whichever is les |
| Management Fee on Death or Incapacity | Currently, the greater of two times the salary paid to individuals we assign to |
| Public Offering by Franchisee | $10,000 |
| Relocation | $5,000 |
| Supplier Review Process | $1,500 |
| Training – Deficiency Training and Training of Replacement Management Personnel | $5,000 |
| Training - Special Assistance at the Franchised Restaurant | $500 |
| Construction and Leasehold Improvements (1)* | $630,000 |
| Architectural and Engineering Fees (2)* | $32,000 |
| Equipment (3)* | $210,000 |
| Coal Brick Oven (4)* | $50,000 |
| Furniture and Fixtures (5)* | $60,000 |
| Interior Finishes and Equipment (6)* | $85,000 |
| Exterior Finishes and Equipment (7)* | $40,000 |
Territory Rights (Item 12)
| Detail | Information |
|---|---|
| Territory Type | exclusive |
Renewal, Termination & Transfer (Item 17)
| Detail | Information |
|---|---|
| Renewal Term | FA: If you meet the criteria set forth in c. below, you will have the option to remain a franchisee at the Franchised Restaurant for two successor terms of five years each. DA: You have no right to re |
| Termination for Cause | We may not terminate the Franchise Agreement or the Development Agreement without cause. |
Grimaldi's Franchise Earnings — Item 19
Grimaldi's does not make an Item 19 financial performance representation in their FDD. This means they do not disclose revenue, profit, or earnings data for franchised locations. Before investing, ask the franchisor directly for franchisee contact information so you can speak with existing owners about their actual financial performance.
Grimaldi's does not include an Item 19 financial performance representation in their FDD. Contact information for current and former franchisees is listed in Item 20 of the FDD.
Grimaldi's Litigation & Risk Flags
Clean Litigation RecordGrimaldi's has no pending litigation actions listed in their FDD. There is also no bankruptcy history disclosed.
Litigation and bankruptcy data is sourced from Items 3 and 4 of the FDD. Always verify current status directly from the most recent FDD.
Grimaldi's System Growth
Total Units
2
Franchised
0
Company-Owned
2
Grimaldi's currently operates 0 franchised locations and 2 company-owned units. Unit count data is sourced from Item 20 of the FDD.
Unit History (Item 20)
| Year | Opened | Closed | Total |
|---|---|---|---|
| 2019 | 0 | 0 | |
| 2019 | 0 | 0 | |
| 2020 | 0 | 0 | |
| 2020 | 0 | 0 | |
| 2021 | 0 | 0 | |
| 2021 | 0 | 0 |
Grimaldi's Franchise — FAQ
The total investment to open a Grimaldi's franchise ranges from $1,107,000 to $1,415,000, per their Franchise Disclosure Document. This includes the initial franchise fee of $5,000. The investment covers build-out, inventory, equipment, signage, working capital, and other startup costs.
Grimaldi's charges a royalty fee of 6% of Gross Sales of gross sales, plus a You must also spend 3% of Gross
Sales on local advertising for your
Franchised R contribution to the marketing/advertising fund. These fees are paid on an ongoing basis.
You can download the Grimaldi's Franchise Disclosure Document free on this page. The FDD is a public document filed with state franchise registries. Always also request the current FDD directly from Grimaldi's to ensure you have the most up-to-date version.
Grimaldi's does not provide an Item 19 financial performance representation in their FDD, which means they do not disclose franchisee revenue or earnings data. Prospective investors should contact existing franchisees directly (listed in Item 20 of the FDD) to gather real-world financial performance information.
Grimaldi's has been offering franchise opportunities. The FDD shows an investment range of $1,107,000-$1,415,000, a 6% of Gross Sales royalty, and no Item 19 earnings disclosure. There is no pending litigation. Review the full FDD and contact current franchisees listed in Item 20 before making any investment decision.
The franchise fee is $5,000 and the total investment ranges from $1,107,000 to $1,415,000 depending on location size and market. Contact the franchisor directly for current net worth and liquid capital requirements, territory availability, and application details.
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Data Source & Disclaimer: This website is for informational purposes only. It is not an offer to sell or buy a franchise. This profile is based on publicly available FDD data sourced from state franchise registry filings. All information is for research purposes only and does not constitute legal, financial, or investment advice. Data may be outdated or contain errors. Always obtain the current FDD directly from Grimaldi's and consult a qualified franchise attorney before making any investment decision. FranchiseOverview.com is operated by Franchising Compliance, LLC and is not affiliated with Grimaldi's or any of its subsidiaries. To report an inaccuracy: info@franchiseoverview.com