Franopolis

    GRIMALDIS PIZZERIA

    Franchise research report · reviewed 2026 disclosure data

    Reviewed sources

    GRIMALDI'S franchise specializes in coal-fired brick oven pizza, building on its Brooklyn heritage and reputation for authentic New York-style pies with a disti

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    Headline figures

    GRIMALDIS PIZZERIA quick facts

    Is GRIMALDIS PIZZERIA a franchise?
    Yes. GRIMALDIS PIZZERIA offers franchises through a Franchise Disclosure Document. At the end of 2025, it reported 4 franchised and 40 company-owned outlets (2026 FDD, Item 20, PDF p. 45).
    How much does it cost to open a GRIMALDIS PIZZERIA franchise?
    The GRIMALDIS PIZZERIA Franchise Disclosure Document reports an estimated initial investment of $1,181,000 (2026 FDD, Item 7, PDF p. 15). This is the franchisor's disclosed estimate, not a quote. Details
    What is the GRIMALDIS PIZZERIA initial franchise fee?
    The disclosed initial franchise fee for a standard single unit is $50,000 (2026 FDD, Item 5, PDF p. 9). Other fee options (for example multi-unit or conversion) are listed separately in the report. Details
    What ongoing fees does GRIMALDIS PIZZERIA charge?
    The disclosed ongoing royalty is 6% (2026 FDD, Item 6, PDF p. 10). The brand or advertising fund contribution is 2% (2026 FDD, Item 6, PDF p. 11). Other recurring fees are listed in Item 6. Details
    Does GRIMALDIS PIZZERIA disclose financial performance (Item 19)?
    Yes. The GRIMALDIS PIZZERIA FDD includes an Item 19 financial performance representation (2026 FDD, Item 19, PDF p. 43). Figures apply only to the locations and period each one covers. Details
    How many GRIMALDIS PIZZERIA locations are there?
    The FDD reports 44 outlets at the end of 2025 (2026 FDD, Item 20, PDF p. 45). Existing locations do not indicate territory availability. Details
    Is GRIMALDIS PIZZERIA a good franchise to buy?
    Franopolis does not rate or recommend franchises. From the reviewed FDD: Item 19 includes financial performance figures; check which locations and period they cover; Item 20 lists outlet openings, closures and transfers; Item 6 includes a brand or advertising fund contribution on top of royalty; Item 20 also lists current and former franchisees you can contact. Review the full FDD with a franchise attorney and accountant before deciding.

    From reviewed FDD figures only. Not a recommendation or projection.

    What the disclosures show

    1. 1Opening costs are estimated at $1,181,000 in the 2026 FDD (Item 7); several initial fee options apply.
    2. 2Item 19 covers 9 separate groups: other measures for 14 Company-operatedbyaffiliateCBOP locations; other measures for 13 Company-operatedbyaffiliateCBOP locations; other measures for 13 Company-operatedbyaffiliateCBOP locations; other measures for 26 Company-operatedbyaffiliateCBOP locations; other measures for 12 Company-operatedbyaffiliateCBOP locations; other measures for 26 Company-operatedbyaffiliateCBOP locations; other measures for 1 Company-operatedbyaffiliateCBOP locations; other measures for 27 Company-operatedbyaffiliateCBOP locations; other measures for 4 Franchised locations. They are not combined.
    3. 3Outlets declined by 2 in 2025, to 44 (United States, as labeled in the FDD, Item 20).

    From reviewed FDD figures only. Not a recommendation or projection.

    Compare outlet trendsPut Item 20 counts side by side with up to 3 other brands.

    GRIMALDIS PIZZERIA head-to-head

    Closest peers in the same subcategory, side by side from reviewed FDD figures. Not a ranking or recommendation.

    GRIMALDIS PIZZERIAVSApplebee's Neighborhood Grill + Bar
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    GRIMALDIS PIZZERIAVSIHOP
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    GRIMALDIS PIZZERIAVSBrinker International Payrollmpany L P
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    GRIMALDIS PIZZERIAVSHuddle House
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    Costs · Items 5–7

    What does it cost to open?

    Estimated opening costs and the fees payable to the franchisor.

    Startup Investment — Item 7

    Total estimated initial investment

    2026 FDD · Item 7 · PDF p. 15

    Standard single-unit franchise fee

    2026 FDD · Item 5 · PDF p. 9
    Discounted and multi-unit options are separate; see all fees.

    Ongoing Fees — Item 6

    Selected recurring charges; payment bases and conditions remain attached to each fee.

    cal year. ITEM 6 OTHER FEES Type of Fee 1 Amount Due Date Remarks Royalty Fee 2 — 6Main ongoing fee

    22 reported fees, each with its payment basis, are listed below; they haven't been sorted into recurring, initial and occasional groups yet.

    Financial Performance — Item 19

    What results are disclosed—and for which locations?

    9 separate populations, shown apart. Revenue is not owner income.

    14 locations

    Other measures · 14 locations

    Who is counted
    Table1 Middlethird
    Period
    No. of Restaurants
    Excluded
    Two company-operated restaurantsclosedduring2025excluded;costofsales/operatingandothercostsexcluded
    Method
    Unaudited;GAAPcompiledcompanysales;sameaccountingmethods;GrossSalesallrevenue;noexpensesdeducted;average4082sqft excludingpatio/4866withpatio

    These groups are never combined.

    Outlet Changes — Item 20

    How has the outlet count changed?

    United States, as labeled in the FDD · counts as of 2025 of each year.

    2026 FDD · Item 20 · PDF p. 45

    Net −1 outlets, 2023–2025

    0452023462024442025+1−2

    Year-end counts reported in Item 20. The scale starts at zero, so the line looks nearly flat; the labels between the dots show each year's change. Openings and closures for 2025 haven't been pulled from the Item 20 tables yet, so no turnover or churn is shown.

    Questions to investigate

    Prompts based on what this brand's reviewed disclosures do and don't show — not conclusions. Join free as a member to save questions to your research.

    For the franchisor

    • Which line items in the 2026 Item 7 estimate ($1,181,000) vary most by market, and why?

    • Which initial fee option would apply to my situation, and what conditions or discounts affect it?

    • Which locations are included in the Item 19 figures, and which were excluded?

    • Reported units decreased from 46 to 44 in 2025. What drove the change?

    • Is a territory available in my area, and how is it defined in my agreement?

    For current and former owners

    • How did your actual startup costs and timeline compare with the Item 7 estimate?

    • How many hours a week do you work in the business, and in what role?

    • How do your results compare with the Item 19 figures, and what explains the difference?

    • What support from the franchisor has been most and least useful?

    For your advisors

    • Ask a franchise attorney to review the territory, renewal, transfer and termination terms.

    • Ask an accountant to build a cash-flow plan using your own assumptions, not the franchisor's.

    Sources & vintage history

    Every displayed fact is retained with its disclosure vintage, item, page, and reviewed status. Prior vintages remain on file rather than being overwritten.

    Citations (2026 FDD)

    1. [1]Estimated initial investment — Item 7 · PDF p. 15
    2. [2]Standard initial franchise fee — Item 5 · PDF p. 9
    3. [3]Item 19 — Locations counted not stated in the reviewed record — Table1 Middlethird · PDF p. 43
    4. [4]Item 19 — Locations counted not stated in the reviewed record — Table1 Topthird · PDF p. 43
    5. [5]Item 19 — Locations counted not stated in the reviewed record — Table1 Bottomthird · PDF p. 43
    6. [6]Item 19 — Locations counted not stated in the reviewed record — Table2 Toptwothirds · PDF p. 44; PDF p. 43
    7. [7]Item 19 — Locations counted not stated in the reviewed record — Table3 1750000–2500000 · PDF p. 44
    8. [8]Item 19 — Locations counted not stated in the reviewed record — Table2 Bottomtwothirds · PDF p. 44; PDF p. 43
    9. [9]Item 19 — Locations counted not stated in the reviewed record — Table3 <1750000 · PDF p. 44
    10. [10]Item 19 — Locations counted not stated in the reviewed record — Table3 >2500000 · PDF p. 44
    11. [11]Item 19 — Locations counted not stated in the reviewed record — Table4 Franchised · PDF p. 44
    12. [12]Outlet counts — Item 20, Table 1 · PDF p. 45

    "PDF p." is the page in the PDF file; "printed p." is the number printed on the FDD page.

    Territory & operations

    These are contract disclosures, not confirmation that any territory is currently available.

    Legal & agreement

    Franchisor financial statements

    Fiscal yearMeasureReported value
    2025deferred franchise fees, net of current portion$266,787
    2025total current liabilities$26,137
    2025management fee$58,141
    2025deferred franchise fees$28,260
    2025total liabilities$845,180
    2025accounts receivableMore than one value recorded for this year — open the FDD source before comparing$4,247
    2025total liabilities and stockholder's deficit$527,078
    2025net income$353,652
    2025total noncurrent liabilities$819,043
    2025prepaid expensesMore than one value recorded for this year — open the FDD source before comparing$12,712
    2025total assets$527,078
    2025due to related party$552,256

    These figures describe the franchisor company, not individual franchise locations.

    SBA-backed loans to franchisees

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    Source: U.S. Small Business Administration 7(a) & 504 FOIA data. Loan volume is not a measure of franchisee success.

    Related research

    Brands in the same subcategory first, then the wider industry, ordered by shared business format, overlapping investment range, Item 20 outlet count and search interest. This is not a ranking or recommendation.

    Applebee's Neighborhood Grill + BarIHOPBrinker International Payrollmpany L PHuddle HouseGolden CorralAnother Broken Egg Cafe

    Head-to-head comparisons

    GRIMALDIS PIZZERIA vs Applebee's Neighborhood Grill + BarGRIMALDIS PIZZERIA vs IHOPGRIMALDIS PIZZERIA vs Brinker International Payrollmpany L PGRIMALDIS PIZZERIA vs Huddle HouseGRIMALDIS PIZZERIA vs Golden CorralGRIMALDIS PIZZERIA vs Another Broken Egg Cafe
    Compare reviewed facts

    At a glance

    Business history

    Not reviewed

    Owner participation

    Not reviewed

    Territory language

    Litigation disclosure

    Not reviewed

    Bankruptcy disclosure

    Not reviewed

    Agreement term

    Not reviewed

    Independent analysis of franchisor-provided data. Not investment advice. Franopolis does not distribute FDDs.

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