Happy's Pizza
Food & Beverage · Quick-Service Restaurants
- Active units
- 54
- Avg unit volume
- $1.1M
- Royalty
- $2k / yr
Franchised, year-end 2024
Annual flat fee
About Happy's Pizza
Happy's Pizza is a unique pizza place that offers more than just great pizza. With multiple locations in Michigan and Ohio, you can enjoy a variety of delicious options, including pizza, wings, subs, sandwiches, desserts, and even catering services. Whether you're craving classic pizza, savory sliders, flavorful wings, or mouthwatering seafood, Happy's Pizza has something to satisfy every craving. They also offer dinner combinations, burgers, loaded fries, salads, and a range of desserts and beverages to complete your meal. With their convenient online ordering system, you can enjoy fast hot delivery or choose to pick up your order within 10-15 minutes. Happy's Pizza is also currently hiring, making it a great opportunity to join their team. So visit their website to find your nearest store, explore their menu, and take advantage of their amazing deals and specials.
Key terms
- Franchise fee
$25k
- Brand fund
2.0% of Net Sales
- Footprint
1,600 – 2,500 sq ft
- Development Agreement
$25k
- 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 locations54
Franchised units open at year-end
- New openings3
Gross new units opened during the calendar year
- 1-year unit growth rate-5.3%
Net unit growth versus prior year
- 3-year unit CAGR-1.8%
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)$1.1M
Average annual gross sales for the 40 franchised Standard Restaurants open the full 2024 calendar year.
- 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$441k
Midpoint of estimated initial investment range
↓ Lower is better - Time to open11 months
Midpoint of average time from agreement to opening
↓ Lower is better - Royalty rate—
Percent of net sales paid to the franchisor
- Sales-to-investment ratio2.4×
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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Location footprint
Showing 41 of 108 mapped locations
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.