About HAPPY JOE'S PIZZA Franchise
AND AFFILIATES ........................................................................................................................
7 ITEM 2 BUSINESS EXPERIENCE ...........................................................................................................
9 ITEM 3 LITIGATION ................................................................................................................................
HAPPY JOE'S PIZZA Franchise Cost & Fees
Minimum Investment
$498K
Average Investment
$850K
Maximum Investment
$1.2M
| Fee Type | Amount | Notes |
|---|---|---|
| Initial Franchise Fee | $25,000 | One-time payment upon signing |
| Royalty Fee | 6% of Gross Sales of gross sales | Ongoing; paid monthly |
| Marketing/Ad Fund | Contribution to the Happy Joe's National Franchise Board (HJNFB) as determined b | National brand fund |
| Total Investment Range | $498,250 – $1,200,850 | Includes build-out, inventory, working capital |
The investment range of $498K–$1.2M reflects variability in build-out costs, store size, lease terms, and market. The combined royalty (6% of Gross Sales) and marketing fee (Contribution to the Happy Joe's National Franchise Board (HJNFB) as determined b) are ongoing costs paid as a percentage of gross sales.
Investment Breakdown (Item 7)
| Item | Low | High |
|---|---|---|
| Initial Franchisee Fee (1) | $25,000 | $25,000 |
| Rent(2) | $11,400 | $36,000 |
| Lease and Utility/Security Deposits(3) | $7,500 | $22,500 |
| Leasehold Improvements(4) | $130,000 | $350,000 |
| Initial Inventory(5) | $11,800 | $28,000 |
| Furniture, Fixtures & Equipment(6) | $200,000 | $450,000 |
Additional Fees (Item 6)
| Fee Type | Amount |
|---|---|
| Transfer Fee | 30% of our then-current Franchise Fee for start-up franchises. |
| Audit Fee | You pay the cost of the audit only if our audit shows that you understated Gross |
| Operation of the Franchised Restaurant in Case of Your Default | $200 |
| Late Fees | Highest applicable legal rate for open account business credit not to exceed 1.5 |
| Operation of the Franchised Restaurant in Case of Your Absence, Incapacity or De | Reasonable compensation and expenses for our representative; currently 5% of rev |
| Additional Training | $400 |
| Relocation Fee | $2,000 |
| Annual Meeting Fee | $0 |
| iPaths On-line Training | $30 |
| Non- compliance fee | $500 |
| Temporary license fee after expiration of franchise agreement term | $1,000 |
| Initial Franchisee Fee (1) | $25,000 |
| Rent(2) | $11,400 |
| Lease and Utility/Security Deposits(3) | $7,500 |
| Leasehold Improvements(4) | $130,000 |
| Initial Inventory(5) | $11,800 |
| Furniture, Fixtures & Equipment(6) | $200,000 |
Territory Rights (Item 12)
| Detail | Information |
|---|---|
| Territory Type | exclusive |
Renewal, Termination & Transfer (Item 17)
| Detail | Information |
|---|---|
| Renewal Term | Paragraph II.B; Renewal Addendum, Paragraph 5. |
| Termination for Cause | We may terminate the Franchise Agreement upon delivery of notice to you if you default under the terms of the Franchise Agreement. |
Financing (Item 10)
| Detail | Information |
|---|---|
| Financing Available | No |
| Description | Does not offer financing. |
HAPPY JOE'S PIZZA Franchise Earnings — Item 19
Average Revenue
$120K
Median Revenue
$116K
Revenue Range
$89K – $119K
Past financial performance does not guarantee future results. Individual results will vary.
HAPPY JOE'S PIZZA Litigation & Risk Flags
Clean Litigation RecordHAPPY JOE'S PIZZA 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.
HAPPY JOE'S PIZZA System Growth
Total Units
34
Franchised
34
Company-Owned
0
HAPPY JOE'S PIZZA currently operates 34 franchised locations and 0 company-owned units. Unit count data is sourced from Item 20 of the FDD.
Unit History (Item 20)
| Year | Opened | Closed | Total |
|---|---|---|---|
| 2019 | 34 | ||
| 2019 | 10 | ||
| 2019 | 44 | ||
| 2020 | 32 | ||
| 2020 | 9 | ||
| 2020 | 41 | ||
| 2021 | 33 | ||
| 2021 | 9 | ||
| 2021 | 42 |
HAPPY JOE'S PIZZA Franchise — FAQ
The total investment to open a HAPPY JOE'S PIZZA franchise ranges from $498,250 to $1,200,850, per their Franchise Disclosure Document. This includes the initial franchise fee of $25,000. The investment covers build-out, inventory, equipment, signage, working capital, and other startup costs.
HAPPY JOE'S PIZZA charges a royalty fee of 6% of Gross Sales of gross sales, plus a Contribution to the Happy
Joe's National Franchise
Board (HJNFB) as
determined b contribution to the marketing/advertising fund. These fees are paid on an ongoing basis.
You can download the HAPPY JOE'S PIZZA 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 HAPPY JOE'S PIZZA to ensure you have the most up-to-date version.
According to the Item 19 financial performance representation in their FDD, HAPPY JOE'S PIZZA franchise owners report average revenue of $120K and median revenue of $116K. Past performance does not guarantee future results.
HAPPY JOE'S PIZZA has been offering franchise opportunities. The FDD shows an investment range of $498,250-$1,200,850, a 6% of Gross Sales royalty, and includes an 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 $25,000 and the total investment ranges from $498,250 to $1,200,850 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 HAPPY JOE'S PIZZA and consult a qualified franchise attorney before making any investment decision. FranchiseOverview.com is operated by Franchising Compliance, LLC and is not affiliated with HAPPY JOE'S PIZZA or any of its subsidiaries. To report an inaccuracy: info@franchiseoverview.com