About Perri's Pizzeria Franchise
Perri's Pizzeria is a franchise system specializing in pizza, submarine sandwiches, chicken wings, pasta, and related food products, with a focus on their signature HUGE slice and brick oven cooking methods.
Franchisees operate pizzeria locations serving the general public through dine-in, takeout, delivery, and catering services.
The target customers are everyday consumers seeking quality pizza and related food items in a casual dining environment, competing with both local independent pizzerias and national franchise pizza chains.
Perri's Pizzeria Franchise Cost & Fees
Minimum Investment
$138K
Average Investment
$324K
Maximum Investment
$511K
| Fee Type | Amount | Notes |
|---|---|---|
| Initial Franchise Fee | $20,000 | One-time payment upon signing |
| Royalty Fee | Per-slice price of 8 cheese pizza slices per day over 30 days, multiplied by 1.25 of gross sales | Ongoing; paid monthly |
| Marketing/Ad Fund | Minimum $400 per month (subject to increase up to 2% of Gross Sales); plus minimum 1% of Gross Sales per year for local advertising | National brand fund |
| Total Investment Range | $137,600 – $511,300 | Includes build-out, inventory, working capital |
The investment range of $138K–$511K reflects variability in build-out costs, store size, lease terms, and market. The combined royalty (Per-slice price of 8 cheese pizza slices per day over 30 days, multiplied by 1.25) and marketing fee (Minimum $400 per month (subject to increase up to 2% of Gross Sales); plus minimum 1% of Gross Sales per year for local advertising) are ongoing costs paid as a percentage of gross sales.
Investment Breakdown (Item 7)
| Item | Low | High |
|---|---|---|
| Initial Franchise Fee | $20,000 | $20,000 |
| Real Estate Rent - 1st Month | $2,100 | $9,800 |
| Security Deposit(s) | $0 | $15,000 |
| Real Estate Site Improvements | $12,000 | $161,000 |
| Furnishings, Fixtures, and Decorating | $20,000 | $50,000 |
| Signage | $2,500 | $10,000 |
| Training | $2,000 | $10,000 |
| Equipment and Supplies Acquired Locally | $37,000 | $106,000 |
| Initial Inventory, Supplies, Packaging, Uniforms and Corporate Identity Materials | $1,500 | $7,500 |
| Initial Inventory of Products for Resale | $7,500 | $20,000 |
| SBA Fees and Other Financing Costs | $0 | $10,000 |
| Additional Operating Funds - 3 Months | $25,000 | $70,000 |
| Professional Fees | $2,000 | $10,000 |
| Insurance | $6,000 | $12,000 |
Additional Fees (Item 6)
| Fee Type | Amount |
|---|---|
| Transfer Fee | $5,000 |
| Renewal Fee | $10,000 |
| Audit Fee | Actual costs if audit shows understatement of 5% or more of Gross Sales |
| Late Payment Fee | Up to 26.82% per annum plus $50 per occurrence |
| Insufficient Funds Fee | $100 per occurrence |
| Late Report Fee | $100 per occurrence |
| Annual Inspection Fee | $450-$1,000 |
| Replacement of Operations Manual | $5,000 plus shipping |
| Annual Conference | Cost of conference as determined |
Training Program (Item 11)
| Detail | Information |
|---|---|
| Total Duration | At least 2 weeks |
| Classroom Training | 40 hours |
| On-the-Job Training | 40 hours |
| Training Location | Rochester, New York or another facility designated by franchisor |
| Additional Training | Franchisor may send a representative for one additional week before or including opening date. Periodic advanced and refresher training programs offered. Annual conventions may include continuing training. |
Territory Rights (Item 12)
| Detail | Information |
|---|---|
| Territory Type | Exclusive |
| Exclusive Territory | Yes |
| Territory Size | Minimum radius of 2 miles around the Franchised Business |
| Description | Territory is negotiated prior to execution of the Franchise Agreement but shall not be less than a 2-mile radius around the franchised business. Territory is not dependent on sales volume or market penetration. Franchisor reserves rights to operate at Institutions within territory and to operate under different trademarks. |
Renewal, Termination & Transfer (Item 17)
| Detail | Information |
|---|---|
| Initial Term | 10 years |
| Renewal Term | Two 5-year renewal terms |
| Renewal Fee | $10,000 |
| Renewal Conditions | Written notice not less than 12 months prior to end of term; bring location up to current image and standards; not be in default; have right to remain in possession of location; paid all amounts owed; sign then-current franchise agreement; deliver general release; complete required retraining; pay renewal fee |
| Transfer Fee | $5,000 |
| Transfer Conditions | All monetary obligations paid; general release executed; not in default; transferee meets franchisor standards; transferee executes then-current franchise agreement; transferee completes required training; personal guarantees provided; landlord consent obtained; compliance with bulk sales provisions |
| Termination for Cause | Non-curable defaults include: failure to open within required time, failure to complete training, conviction of criminal offense, disclosure of trade secrets, bankruptcy, abandonment, transfer without consent, false statements, understatement of Gross Sales by more than 5%, three defaults within 24 months. Curable defaults (30 days to cure) include: failure to comply with Operations Manual, misuse of Marks, failure to submit reports, failure to maintain standards. |
| Non-Compete Period | 2 years after termination or expiration (5 years per Franchise Agreement Article 9.17) |
| Non-Compete Details | No competing business within the Territory or 30 miles of the radius of the Location or any other Franchised Business operated under the System for 2 years after termination. Per the Franchise Agreement, the non-compete extends for 5 years and covers ownership, employment, advising, investing in any similar business within 30 miles of the Location or any system location. |
Operations & Supply (Items 8 & 15)
| Detail | Information |
|---|---|
| Owner-Operator Required | Yes |
| Participation Details | Franchisee or one of its owners shall work in the Franchised Business an aggregate of not less than 35 hours per week. At all times, the business must be under direct, on-premises supervision of the franchisee (or equity holder with at least 10% interest) or a fully-trained, franchisor-approved employee-manager. |
| Required Suppliers | EZ Express, Johnston Paper, Pepsi, Sysco, Wilshire Catering, I Point POS, General Supply Co., and Martuscillo Bakery |
| Supply Restrictions | Over 90% of total purchases and leases must be made from approved suppliers. All products, supplies, services, equipment, furnishings, merchandise, uniforms, goods, fixtures, inventory, food and beverage products, and packaging must comply with franchisor standards and specifications. |
| Franchisor Revenue from Suppliers | In fiscal year 2021, franchisor received $201,070 in revenue from franchisee purchases from designated or approved suppliers, which was 63.6% of total revenue of $316,369. |
Financing (Item 10)
| Detail | Information |
|---|---|
| Financing Available | No |
| Description | We do not offer direct or indirect financing. We do not guarantee any of your notes, leases or other obligations. |
Perri's Pizzeria Franchise Earnings — Item 19
Perri's Pizzeria 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.
Perri's Pizzeria 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.
Perri's Pizzeria Litigation & Risk Flags
Clean Litigation RecordPerri's Pizzeria 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.
Perri's Pizzeria System Growth
Total Units
9
Franchised
6
Company-Owned
3
Perri's Pizzeria currently operates 6 franchised locations and 3 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 | 8 |
| 2020 | 1 | 0 | 9 |
| 2021 | 0 | 0 | 9 |
Transfers: 0 | Closures: 0
State Registrations
Registered in 1 states: NY
Franchisor Financials (Item 21)
Total Assets
$227K
Audited by Petrella Phillips LLP for year ending December 31.
Perri's Pizzeria Franchise — FAQ
The total investment to open a Perri's Pizzeria franchise ranges from $137,600 to $511,300, per their Franchise Disclosure Document. This includes the initial franchise fee of $20,000. The investment covers build-out, inventory, equipment, signage, working capital, and other startup costs.
Perri's Pizzeria charges a royalty fee of Per-slice price of 8 cheese pizza slices per day over 30 days, multiplied by 1.25 of gross sales, plus a Minimum $400 per month (subject to increase up to 2% of Gross Sales); plus minimum 1% of Gross Sales per year for local advertising contribution to the marketing/advertising fund. These fees are paid on an ongoing basis.
You can download the Perri's Pizzeria 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 Perri's Pizzeria to ensure you have the most up-to-date version.
Perri's Pizzeria 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.
Perri's Pizzeria has been franchising since 2011. The FDD shows an investment range of $137,600-$511,300, a Per-slice price of 8 cheese pizza slices per day over 30 days, multiplied by 1.25 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 $20,000 and the total investment ranges from $137,600 to $511,300 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 Perri's Pizzeria and consult a qualified franchise attorney before making any investment decision. FranchiseOverview.com is operated by Franchising Compliance, LLC and is not affiliated with Perri's Pizzeria or any of its subsidiaries. To report an inaccuracy: info@franchiseoverview.com