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    Franchise opportunities compared

    BurgerFi vs Carbones Pizza

    Reviewed figures from each brand's Franchise Disclosure Document (FDD), side by side. Each figure carries its FDD year and page. This is not a ranking or recommendation, and the two FDDs may cover different years and location groups.

    BurgerFi2025 FDDCarbones Pizza2026 FDD

    Initial investment · Item 7

    BurgerFi

    $704,750 – $5,857,500

    2025 FDD · Item 7

    Carbones Pizza

    $328,600

    2026 FDD · Item 7 · PDF p. 10

    Initial franchise fee · Item 5

    BurgerFi

    $35,000

    2025 FDD · Item 5 · PDF p. 12

    Carbones Pizza

    Not available

    Royalty · Item 6

    BurgerFi

    5.5%

    2025 FDD · Item 6 · PDF p. 12

    Carbones Pizza

    4%

    2026 FDD · Item 6 · PDF p. 8

    Before you compare

    • BurgerFi figures come from its 2025 FDD and Carbones Pizza figures from its 2026 FDD, so the years differ.
    • BurgerFi discloses more than one business format, so the investment range spans formats; the full report breaks them out.
    • Item 19 figures cover the location groups each FDD names (BurgerFi: 12, Carbones Pizza: 4). Different groups are not directly comparable.

    Financial commitment

    Estimated initial investment (Item 7)

    BurgerFi

    $704,750 – $5,857,500
    2025 FDD · Item 7

    Carbones Pizza

    $328,600
    Total estimated initial investment — $328,600–$909,250
    2026 FDD · Item 7 · PDF p. 10
    Standard initial franchise fee (Item 5)

    BurgerFi

    $35,000
    2025 FDD · Item 5 · PDF p. 12

    Carbones Pizza

    Not available
    No single standard fee identified
    Royalty (Item 6)

    BurgerFi

    5.5%
    Royalty percentage of gross sales
    2025 FDD · Item 6 · PDF p. 12

    Carbones Pizza

    4%
    Royalty — 4% first $1 million; 3% next $1 million; 2% above $2 million annually
    2026 FDD · Item 6 · PDF p. 8
    Brand / advertising fund (Item 6)

    BurgerFi

    2%
    Marketing Fund gross sales percentage — 2%
    2025 FDD · Item 6 · PDF p. 12

    Carbones Pizza

    1%
    Advertising fee — 1% on annual gross sales up to $2 million — 1%
    2026 FDD · Item 6 · PDF p. 8

    System scale & health

    Total outlets (Item 20)

    BurgerFi

    82
    Outlets at end of 2024
    2025 FDD · Item 20 · PDF p. 57

    Carbones Pizza

    33
    Outlets at end of 2025
    2026 FDD · Item 20 · PDF p. 28
    Net outlet change (Item 20)

    BurgerFi

    −31
    Calculated: 113 at end of 2022 → 82 at end of 2024

    Carbones Pizza

    −3
    Calculated: 36 at end of 2023 → 33 at end of 2025
    Outlet exits (Item 20)

    BurgerFi

    Not available
    No complete exit records for a year

    Carbones Pizza

    Not available
    No complete exit records for a year
    Franchising since (Item 1)

    BurgerFi

    Not available
    Not in reviewed records

    Carbones Pizza

    1977
    From a verified franchisor listing
    Franchisor founded (Item 1)

    BurgerFi

    Not available
    Not in reviewed records

    Carbones Pizza

    Not available
    Not in reviewed records

    Financial performance (Item 19), by location group

    BurgerFi
    Locations counted not stated in the reviewed record — Franchised All 55 Restaurants
    49 percent
    other Franchised All 55 Restaurants
    2025 FDD · Item 19 · PDF p. 55
    Locations counted not stated in the reviewed record — Franchised Top 25%
    21 percent
    other Franchised Top 25%
    2025 FDD · Item 19 · PDF p. 55
    Locations counted not stated in the reviewed record — Franchised Top 50%
    4 restaurants
    other Franchised Top 50%
    2025 FDD · Item 19 · PDF p. 55
    +9 more groups in the full report
    Carbones Pizza
    Locations counted not stated in the reviewed record — Fast Casual restaurants operating for the entire 12-month period
    $582,861
    other gross sales
    2026 FDD · Item 19 · PDF p. 26
    Locations counted not stated in the reviewed record — Express restaurants operating for the entire 12-month period
    8 restaurants
    other Reporting restaurants
    2026 FDD · Item 19 · PDF p. 26
    Locations counted not stated in the reviewed record — Full-Service restaurants operating for the entire 12-month period
    17 restaurants
    other Reporting restaurants
    2026 FDD · Item 19 · PDF p. 27
    +1 more groups in the full report

    Item 19 groups are shown separately and never combined. Revenue or sales figures are not profit. Net outlet change and turnover are Franopolis calculations from the disclosed counts; turnover is a count-based rate, not a measure of owner earnings.

    BurgerFi vs Carbones Pizza: common questions

    Which costs less to open, BurgerFi or Carbones Pizza?
    BurgerFi: $704,750 – $5,857,500 (2025 FDD · Item 7); Carbones Pizza: $328,600 (2026 FDD · Item 7 · PDF p. 10). These are each franchisor's Item 7 estimated initial investment. The low end of the disclosed estimate is lower for Carbones Pizza. At least one range spans several business formats. Estimates are not quotes, and the FDD years may differ.
    How do BurgerFi and Carbones Pizza royalties compare?
    BurgerFi: 5.5% (2025 FDD · Item 6 · PDF p. 12); Carbones Pizza: 4% (2026 FDD · Item 6 · PDF p. 8). Royalties as disclosed in Item 6; other recurring fees are listed separately.
    Which has more locations, BurgerFi or Carbones Pizza?
    BurgerFi: 82 (2025 FDD · Item 20 · PDF p. 57); Carbones Pizza: 33 (2026 FDD · Item 20 · PDF p. 28). Total outlets from Item 20. Outlet counts do not indicate territory availability or franchisee results.
    Do BurgerFi and Carbones Pizza disclose financial performance (Item 19)?
    BurgerFi has reviewed Item 19 figures for 12 location groups; Carbones Pizza has reviewed Item 19 figures for 4 location groups. Different location groups are not directly comparable, and revenue is not profit.

    Answers restate the reviewed figures above. Not a ranking or recommendation.

    How Franopolis reviews FDD figures

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    Full BurgerFi report

    Every reviewed fee, Item 19 group, outlet table and territory disclosure

    Full Carbones Pizza report

    Every reviewed fee, Item 19 group, outlet table and territory disclosure

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