Toppers Pizza
Food & Beverage · Quick-Service Restaurants
- Active units
- 54
- Avg unit volume
- $949k
- Royalty
- 5.5%
Franchised, year-end 2025
2025 Gross Sales average for all 65 affiliate-owned and franchised restaurants
of weekly Net Sales
About Toppers Pizza
Toppers Pizza is a brand that believes in crafting pizzas with passion and integrity. They prioritize quality ingredients and attention to detail in every aspect of their process. From a welcoming smile when you enter their store to hand-making fresh dough daily, Toppers Pizza goes the extra mile to satisfy their customers. One thing that sets Toppers Pizza apart is their commitment to using 100% real Wisconsin cheese. They take pride in ensuring the cheese is of the highest quality and creates a deliciously cheesy experience with every bite. When it comes to delivery, Toppers Pizza takes no shortcuts. They double-check every order and personally deliver it to your door, ensuring your food arrives piping hot and fresh. With a set of core values guiding their every move, Toppers Pizza believes in making decisions in the kitchen, not a boardroom. They prioritize customer satisfaction and hold themselves to high standards. If you share their passion for pizza and refuse to settle for anything less than the best, Toppers Pizza is the place for you. They are always looking for new rockstars to join their team and even offer franchise opportunities for those who want to dive into the pizza business. Discover the Toppers Pizza experience today and enjoy a pizza made with love and attention to detail.
Key terms
- Franchise fee
$30k
- Sponsorship Program
Reduced initial franchise fee of $15,000 for first Franchise Agreement, payable under a ten-year Sponsorship Note.
- Area Development pricing
Second–Fifth Franchise Agreement $20,000; Sixth or Subsequent $15,000 when executed under an Area Development Agreement.
- Purchase Agreement
Initial franchise fee is waived for Franchise Agreements executed pursuant to a Purchase Agreement.
- Brand fund
3.0% of Net Sales
- Footprint
1,400 – 1,600 sq ft
- Veteran discount
Reduce the initial franchise fee for your first Toppers Pizza restaurant by $10,000 (VetFran).
Brand Percentile Rankings
Rankings compare brands in the same operating year. Fee and investment figures come from the FDD (2026 filing); filings on file: 2024, 2025, 2026.
Growth
- Total locations—
Franchised units open at year-end
- New openings—
Gross new units opened during the calendar year
- 1-year unit growth rate—
Net unit growth versus prior year
- 3-year unit CAGR—
Compound annual growth rate of unit count over the trailing 3 years
- Unit growth ratio—
Cumulative opens / closures through year-end
Unit economics
- Annual unit volume (Median)$949k
2025 Gross Sales average for all 65 affiliate-owned and franchised restaurants
- 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-8.5%
Year-over-year change in median AUV
- Store-level EBITDA Margin—
Median unit-level EBITDA / AUV
Investment profile
- Estimated initial investment$577k
Midpoint of estimated initial investment range
↓ Lower is better - Time to open—
Midpoint of average time from agreement to opening
- Royalty rate5.5%
Percent of net sales paid to the franchisor
↓ Lower is better - Sales-to-investment ratio1.6×
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 49 of 58 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.