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.
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.
| Disclosure |  BurgerFi |  Carbones Pizza |
|---|---|---|
| Financial commitment | ||
| Estimated initial investment (Item 7) | $704,750 – $5,857,500 2025 FDD · Item 7 | $328,600 Total estimated initial investment — $328,600–$909,250 2026 FDD · Item 7 · PDF p. 10 |
| Standard initial franchise fee (Item 5) | $35,000 2025 FDD · Item 5 · PDF p. 12 | Not available No single standard fee identified |
| Royalty (Item 6) | 5.5% Royalty percentage of gross sales 2025 FDD · Item 6 · PDF p. 12 | $4.00 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) | 2% Marketing Fund gross sales percentage — 2% 2025 FDD · Item 6 · PDF p. 12 | $1.00 Advertising fee — 1% on annual gross sales up to $2 million 2026 FDD · Item 6 · PDF p. 8 |
| System scale & health | ||
| Total outlets (Item 20) | 82 Outlets at end of 2024 2025 FDD · Item 20 · PDF p. 57 | 33 Outlets at end of 2025 2026 FDD · Item 20 · PDF p. 28 |
| Net outlet change (Item 20) | −31 Calculated: 113 at end of 2022 → 82 at end of 2024 | −3 Calculated: 36 at end of 2023 → 33 at end of 2025 |
| Outlet exits (Item 20) | Not available No complete exit records for a year | Not available No complete exit records for a year |
| Franchising since (Item 1) | Not available Not in reviewed records | 1977 From a verified franchisor listing |
| Franchisor founded (Item 1) | Not available Not in reviewed records | Not available Not in reviewed records |
| Performance (Item 19) | ||
| Financial performance (Item 19), by location group | 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 | 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.