How much does a Toppers Pizza franchise cost?
Opening a Toppers Pizza franchise takes a total initial investment of $420,700 to $732,684, according to the brand's 2026 Franchise Disclosure Document. The FDD's Item 19 reports median of $868,788 across 49 outlets.
Toppers Pizza LLC franchises Toppers Pizza restaurants. Category: Food & Beverage.
Item 7
What it costs to open a Toppers Pizza franchise
The franchisor's own estimated initial investment, as disclosed in its 2026 FDD. The total is $420,700 to $732,684. Each line below carries the FDD page it was read from.
Where the money goes
The largest costs are Construction & Leasehold Improvements ($177,100 to $339,184), Equipment & Smallwares ($125,000 to $155,000), and Additional Funds (3 months) ($25,000 to $50,000). Together they make up about 74% of the high-end estimate.
The initial franchise fee is $30,000, about 7.1% of the low-end total.
Our arithmetic from the Item 7 table below.
| Expenditure | Low | High | Source |
|---|---|---|---|
| Initial Franchise Fee2026 FDD, Item 7, p. 15 | $30,000 | $30,000 | 2026 FDD, Item 7, p. 15 |
| Travel & Living Expenses for Your Initial Training2026 FDD, Item 7, p. 15 | $3,000 | $17,000 | 2026 FDD, Item 7, p. 15 |
| Travel & Living Expenses for Our Training Team2026 FDD, Item 7, p. 16 | $1,000 | $15,000 | 2026 FDD, Item 7, p. 16 |
| Equipment & Smallwares2026 FDD, Item 7, p. 16 | $125,000 | $155,000 | 2026 FDD, Item 7, p. 16 |
| Construction & Leasehold Improvements2026 FDD, Item 7, p. 16 | $177,100 | $339,184 | 2026 FDD, Item 7, p. 16 |
| Indoor & Outdoor Signage2026 FDD, Item 7, p. 16 | $7,500 | $11,000 | 2026 FDD, Item 7, p. 16 |
| Pre-opening Salaries & Payroll2026 FDD, Item 7, p. 16 | $4,500 | $11,000 | 2026 FDD, Item 7, p. 16 |
| Pre-opening Rent2026 FDD, Item 7, p. 16 | $0 | $12,000 | 2026 FDD, Item 7, p. 16 |
| Utility & Insurance Deposits2026 FDD, Item 7, p. 16 | $2,000 | $6,000 | 2026 FDD, Item 7, p. 16 |
| Initial Marketing Program2026 FDD, Item 7, p. 16 | $4,000 | $13,000 | 2026 FDD, Item 7, p. 16 |
| Opening Inventory2026 FDD, Item 7, p. 16 | $6,000 | $11,000 | 2026 FDD, Item 7, p. 16 |
| Architectural Fees2026 FDD, Item 7, p. 16 | $13,000 | $20,000 | 2026 FDD, Item 7, p. 16 |
| Permits and Professional Fees2026 FDD, Item 7, p. 16 | $2,100 | $4,500 | 2026 FDD, Item 7, p. 16 |
| POS System Hardware2026 FDD, Item 7, p. 16 | $16,000 | $18,000 | 2026 FDD, Item 7, p. 16 |
| POS System Software Licenses2026 FDD, Item 7, p. 16 | $2,500 | $2,500 | 2026 FDD, Item 7, p. 16 |
| POS System Installation2026 FDD, Item 7, p. 16 | $2,000 | $5,000 | 2026 FDD, Item 7, p. 16 |
| Project Management2026 FDD, Item 7, p. 16 | $0 | $7,500 | 2026 FDD, Item 7, p. 16 |
| Opening Extension Fee2026 FDD, Item 7, p. 17 | $0 | $5,000 | 2026 FDD, Item 7, p. 17 |
| Additional Funds (3 months)2026 FDD, Item 7, p. 17 | $25,000 | $50,000 | 2026 FDD, Item 7, p. 17 |
| Total estimated initial investment2026 FDD, Item 7, p. 15-17 | $420,700 | $732,684 | 2026 FDD, Item 7, p. 15-17 |
Source Toppers Pizza, 2026 FDD, Item 7, p. 15-17, via Public FDD bucket (storage.googleapis.com/franchiseindx_fdds) (source record). Figures read and verified 2026-09-14.
Item 19
What Toppers Pizza franchisees actually report earning
Median
$868,788
Toppers Pizza's 2026 FDD, Item 19, for the 2025 fiscal year, which ran from December 30, 2024 to December 28, 2025. Basis: Gross Sales for Franchised Restaurants.
Sample size: 49 outlets. The FDD also reports average of $958,503. We lead with the median because an average is pulled upward by the strongest outlets; the median is the middle outlet.
What the franchisor excluded from this figure
- There were 6 Franchised Restaurants that were excluded from the performance data below because they ceased operations during the 2025 calendar year (after being open for more than 12 months), and were therefore not open as of December 28, 2025.
- There were 3 Franchised Restaurants that were excluded from the performance data below because they opened during the 2025 fiscal year and operated less than 12 months as of December 28, 2025.
This is a disclosure of what some existing outlets reported, not a projection of what a new Toppers Pizza outlet would earn. Your results will differ.
Source Toppers Pizza, 2026 FDD, Item 19, p. 50-53, via Public FDD bucket (storage.googleapis.com/franchiseindx_fdds) (source record). Figures read and verified 2026-09-14.
Item 20
How many Toppers Pizza outlets there are, and how many closed
Toppers Pizza ended 2025 with 54 franchised outlets and 14 company-owned outlets. In that year 5 franchised outlets opened and 6 left the system.
Three years at a glance
From 2023 through 2025, Toppers Pizza opened 19 franchised outlets and 11 outlets left the system. That is a net gain of 8, from 46 to 54 franchised outlets. Of the outlets that left, 6 were terminated, 1 was bought back by the franchisor, and 4 closed for other reasons.
On average, about 7.6% of franchised outlets left the system each year, roughly 1 in 13.
Our arithmetic from the FDD's Item 20 table below. "Left the system" counts every outlet the franchisor reports as terminated, not renewed, bought back, or closed for other reasons.
| Year | Start | Opened | Terminated | Non-renewed | Reacquired | Ceased, other | End | Source |
|---|---|---|---|---|---|---|---|---|
| 2025 | 55 | 5 | 4 | 0 | 0 | 2 | 54 | 2026 FDD, Item 20, p. 55 |
| 2024 | 44 | 13 | 2 | 0 | 0 | 0 | 55 | 2026 FDD, Item 20, p. 55 |
| 2023 | 46 | 1 | 0 | 0 | 1 | 2 | 44 | 2026 FDD, Item 20, p. 55 |
Source Toppers Pizza, 2026 FDD, Item 20, p. 55, via Public FDD bucket (storage.googleapis.com/franchiseindx_fdds) (source record). Figures read and verified 2026-09-14.
Compare
How Toppers Pizza compares with other Food & Beverage franchises
Measured against the 256 Food & Beverage franchises on this site, using each brand's own FDD.
- Cost to open. The middle of Toppers Pizza's estimated range is $576,692. It costs less to open than 50% of Food & Beverage franchises here.
- Outlets leaving each year. 7.6% for Toppers Pizza. That is higher than 62% of the 165 Food & Beverage franchises with at least 10 outlets.
- Three-year growth. Toppers Pizza's franchised system grew 17%. The typical Food & Beverage franchise here grew 4.4%.
- Earnings disclosure. 152 of the 256 Food & Beverage franchises here publish earnings figures in Item 19. Toppers Pizza is one of them.
Our arithmetic from each brand's Item 7 and Item 20. Growth and departure comparisons leave out brands with fewer than 10 outlets, where one opening or closure distorts the figures. See every Food & Beverage franchise side by side.
Alert me when Toppers Pizza files a new FDD
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