Franchise opportunities compared

    Franchised Store vs Pizza Schmizza

    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

    Franchised Store

    $450,330

    2026 FDD · Item 7 · PDF p. 38

    Pizza Schmizza

    $203,500 – $591,500

    2026 FDD · Item 7

    Initial franchise fee · Item 5

    Franchised Store

    Not available

    Pizza Schmizza

    $10,000

    2026 FDD · Item 5 · PDF p. 10

    Royalty · Item 6

    Franchised Store

    5%

    2026 FDD · Item 6 · PDF p. 28

    Pizza Schmizza

    Not available

    Before you compare

    • Both sets of figures come from 2026 FDDs.
    • Pizza Schmizza discloses more than one business format, so the investment range spans formats; the full report breaks them out.
    • Only Franchised Store has reviewed Item 19 figures here.

    Financial commitment

    Estimated initial investment (Item 7)

    Franchised Store

    $450,330
    Total Estimated Initial Investment: $450,330 - $693,450
    2026 FDD · Item 7 · PDF p. 38

    Pizza Schmizza

    $203,500 – $591,500
    2026 FDD · Item 7
    Standard initial franchise fee (Item 5)

    Franchised Store

    Not available
    No single standard fee identified

    Pizza Schmizza

    $10,000
    2026 FDD · Item 5 · PDF p. 10
    Royalty (Item 6)

    Franchised Store

    5%
    Royalty Fee
    2026 FDD · Item 6 · PDF p. 28

    Pizza Schmizza

    Not available
    No reviewed royalty record
    Brand / advertising fund (Item 6)

    Franchised Store

    $45
    Marketing Kits
    2026 FDD · Item 6 · PDF p. 29

    Pizza Schmizza

    3%
    account withdrawal or other automatic processes we specify in the Operations Manual. Branding Fee 2 — 3% — 3%
    2026 FDD · Item 6 · PDF p. 13

    System scale & health

    Total outlets (Item 20)

    Franchised Store

    1,014
    Outlets at end of 2025
    2026 FDD · Item 20 · PDF p. 67

    Pizza Schmizza

    16
    Outlets at end of 2025
    2026 FDD · Item 20 · PDF p. 65
    Net outlet change (Item 20)

    Franchised Store

    −113
    Calculated: 1,127 at end of 2023 → 1,014 at end of 2025

    Pizza Schmizza

    −1
    Calculated: 17 at end of 2023 → 16 at end of 2025
    Outlet exits (Item 20)

    Franchised Store

    Not available
    No complete exit records for a year

    Pizza Schmizza

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

    Franchised Store

    Not available
    Not in reviewed records

    Pizza Schmizza

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

    Franchised Store

    Not available
    Not in reviewed records

    Pizza Schmizza

    Not available
    Not in reviewed records

    Financial performance (Item 19), by location group

    FSFranchised Store
    Locations counted not stated in the reviewed record — Western U.S. Papa Murphy’s franchise stores (Alaska, California, Hawaii, Idaho,…
    $245,427
    other Franchise Stores
    2026 FDD · Item 19 · PDF p. 65
    Locations counted not stated in the reviewed record — Domestic Papa Murphy’s franchise stores open and operating throughout the trail…
    1,085 stores
    other All Franchise Stores
    2026 FDD · Item 19 · PDF p. 64
    Locations counted not stated in the reviewed record — 2023 domestic Papa Murphy’s franchise-owned stores open and operating throughou…
    40.4 percent
    other All Franchise Stores
    2026 FDD · Item 19 · PDF p. 64
    +86 more groups in the full report
    PSPizza Schmizza

    Not disclosed — no Item 19 financial performance representation

    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.

    Franchised Store vs Pizza Schmizza: common questions

    Which costs less to open, Franchised Store or Pizza Schmizza?
    Franchised Store: $450,330 (2026 FDD · Item 7 · PDF p. 38); Pizza Schmizza: $203,500 – $591,500 (2026 FDD · Item 7). These are each franchisor's Item 7 estimated initial investment. The low end of the disclosed estimate is lower for Pizza Schmizza. At least one range spans several business formats. Estimates are not quotes, and the FDD years may differ.
    Which has more locations, Franchised Store or Pizza Schmizza?
    Franchised Store: 1,014 (2026 FDD · Item 20 · PDF p. 67); Pizza Schmizza: 16 (2026 FDD · Item 20 · PDF p. 65). Total outlets from Item 20. Outlet counts do not indicate territory availability or franchisee results.
    Do Franchised Store and Pizza Schmizza disclose financial performance (Item 19)?
    Franchised Store has reviewed Item 19 figures for 89 location groups; Pizza Schmizza makes no Item 19 financial performance representation. 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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