Franchise opportunities compared

    Carbones Pizza vs Cheba Hut

    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.

    Initial investment · Item 7

    Carbones Pizza

    $328,600

    2026 FDD · Item 7 · PDF p. 10

    Cheba Hut

    $631,150 – $2,086,100

    2026 FDD · Item 7 · PDF p. 22

    Initial franchise fee · Item 5

    Carbones Pizza

    Not available

    Cheba Hut

    $50,000

    2026 FDD · Item 5 · PDF p. 11

    Royalty · Item 6

    Carbones Pizza

    4%

    2026 FDD · Item 6 · PDF p. 8

    Cheba Hut

    5%

    2026 FDD · Item 6 · PDF p. 13

    Before you compare

    • Both sets of figures come from 2026 FDDs.
    • Item 19 figures cover the location groups each FDD names (Carbones Pizza: 4, Cheba Hut: 9). Different groups are not directly comparable.

    Financial commitment

    Estimated initial investment (Item 7)

    Carbones Pizza

    $328,600
    Total estimated initial investment — $328,600–$909,250
    2026 FDD · Item 7 · PDF p. 10

    Cheba Hut

    $631,150 – $2,086,100
    Total estimated initial investment — single-store low estimate
    2026 FDD · Item 7 · PDF p. 22
    Standard initial franchise fee (Item 5)

    Carbones Pizza

    Not available
    No single standard fee identified

    Cheba Hut

    $50,000
    2026 FDD · Item 5 · PDF p. 11
    Royalty (Item 6)

    Carbones Pizza

    4%
    Royalty — 4% first $1 million; 3% next $1 million; 2% above $2 million annually
    2026 FDD · Item 6 · PDF p. 8

    Cheba Hut

    5%
    Royalty: 5% of prior-week Net Sales, due each Wednesday
    2026 FDD · Item 6 · PDF p. 13
    Brand / advertising fund (Item 6)

    Carbones Pizza

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

    Cheba Hut

    4.2%
    Brand Fund contribution may increase up to 4.20% of weekly Net Sales upon written notice — 4.2%
    2026 FDD · Item 6 · PDF p. 14

    System scale & health

    Total outlets (Item 20)

    Carbones Pizza

    33
    Outlets at end of 2025
    2026 FDD · Item 20 · PDF p. 28

    Cheba Hut

    83
    Outlets at end of 2025
    2025 FDD · Item 20 · PDF p. 47
    Net outlet change (Item 20)

    Carbones Pizza

    −3
    Calculated: 36 at end of 2023 → 33 at end of 2025

    Cheba Hut

    +32
    Calculated: 51 at end of 2022 → 83 at end of 2025
    Outlet exits (Item 20)

    Carbones Pizza

    Not available
    No complete exit records for a year

    Cheba Hut

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

    Carbones Pizza

    1977
    From a verified franchisor listing

    Cheba Hut

    Not available
    Not in reviewed records
    Franchisor founded (Item 1)

    Carbones Pizza

    Not available
    Not in reviewed records

    Cheba Hut

    Not available
    Not in reviewed records

    Financial performance (Item 19), by location group

    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
    CHCheba Hut
    Locations counted not stated in the reviewed record — Full reporting
    49.33 percent
    other Full reporting
    2026 FDD · Item 19 · PDF p. 53
    Locations counted not stated in the reviewed record — Franchised
    $610,724
    other Franchised
    2026 FDD · Item 19 · PDF p. 54
    Locations counted not stated in the reviewed record — Affiliate
    $2,040,101
    other Affiliate
    2026 FDD · Item 19 · PDF p. 54
    +6 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.

    Carbones Pizza vs Cheba Hut: common questions

    Which costs less to open, Carbones Pizza or Cheba Hut?
    Carbones Pizza: $328,600 (2026 FDD · Item 7 · PDF p. 10); Cheba Hut: $631,150 – $2,086,100 (2026 FDD · Item 7 · PDF p. 22). These are each franchisor's Item 7 estimated initial investment. The low end of the disclosed estimate is lower for Carbones Pizza. Estimates are not quotes, and the FDD years may differ.
    How do Carbones Pizza and Cheba Hut royalties compare?
    Carbones Pizza: 4% (2026 FDD · Item 6 · PDF p. 8); Cheba Hut: 5% (2026 FDD · Item 6 · PDF p. 13). Royalties as disclosed in Item 6; other recurring fees are listed separately.
    Which has more locations, Carbones Pizza or Cheba Hut?
    Carbones Pizza: 33 (2026 FDD · Item 20 · PDF p. 28); Cheba Hut: 83 (2025 FDD · Item 20 · PDF p. 47). Total outlets from Item 20. Outlet counts do not indicate territory availability or franchisee results.
    Do Carbones Pizza and Cheba Hut disclose financial performance (Item 19)?
    Carbones Pizza has reviewed Item 19 figures for 4 location groups; Cheba Hut has reviewed Item 19 figures for 9 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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