Broadway Pizza
Food & Beverage · Full-Service Restaurants
- Active units
- 12
- Royalty
- 5.0%
Franchised, year-end 2024
of weekly Net Sales
About Broadway Pizza
Broadway Pizza has been a beloved neighborhood institution since 1961, when Eddie Peck bought Spallacci's operation along with its delicious pizza recipe. With the help of his wife Dorothy and mother Mamie, Eddie continued the tradition of making homemade pizza in his north Minneapolis restaurant and bar. Mamie would simmer special sauces and knead fresh dough, while Eddie made sausage from scratch. The community quickly fell in love with Eddie's pizzas, and standing room only became the norm at the old Broadway Pizza. When the restaurant had to relocate due to construction, Eddie chose to stay in the north Minneapolis neighborhood and built his new Broadway Pizza on railroad-themed grounds. Today, Broadway Pizza has expanded to serve multiple neighborhoods, offering their famous award-winning pizza as well as a wide selection of wings, burgers, hoagies, appetizers, salads, pasta, and desserts. They also provide kids meals, happy hours, delivery, and take-out services. Whether you're craving a classic pizza or something different, Broadway Pizza has something for everyone. Join the Broadway Pizza family and enjoy 70 years of great dining and fun!.
Key terms
- Franchise fee
$30k
- Brand fund
1.0% of Net Sales
- Local advertising
1.5% of Net Sales
- Footprint
4,500 – 7,000 sq ft
- Veteran discount
Not offered
Brand Percentile Rankings
Rankings compare brands in the same operating year. Fee and investment figures come from the FDD (2025 filing).
Growth
- Total locations13
Franchised units open at year-end
- New openings1
Gross new units opened during the calendar year
- 1-year unit growth rate8.3%
Net unit growth versus prior year
- 3-year unit CAGR4.1%
Compound annual growth rate of unit count over the trailing 3 years
- Unit growth ratio1.0×
Cumulative opens / closures through year-end
Unit economics
- Annual unit volume (Median)—
Per FDD Item 19 disclosure
- Annual unit volume (25th percentile)—
Per FDD Item 19 disclosure
- Annual unit volume (75th percentile)—
Per FDD Item 19 disclosure
- 1-year Median AUV growth rate—
Year-over-year change in median AUV
- Store-level EBITDA Margin—
Median unit-level EBITDA / AUV
Investment profile
- Estimated initial investment$1.1M
Midpoint of estimated initial investment range
↓ Lower is better - Time to open—
Midpoint of average time from agreement to opening
- Royalty rate—
Percent of net sales paid to the franchisor
- Sales-to-investment ratio—
Median AUV / estimated initial investment midpoint
- Cash-on-cash returns—
Median unit-level EBITDA / estimated initial investment midpoint. Steady-state estimate; year 1 returns will be lower as the unit ramps to median volumes.
Franchisee healthLocked
- Unit closure ratio
- Transfer vs. closure ratio
- Percent multi-unit franchisees
- Litigation rate
- EBITDA multiple on sales & transfers
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Sources
Financial and operating figures are sourced from the brand's Franchise Disclosure Documents. Brand percentile rankings are based on comparisons to other brands that include the same metrics in their Franchise Disclosure Documents.