Franopolis
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    Franchise opportunities compared

    GRIMALDIS PIZZERIA vs Happy Joes

    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.

    GRIMALDIS PIZZERIA2026 FDDHappy Joes2026 FDD

    Initial investment · Item 7

    GRIMALDIS PIZZERIA

    $1,181,000

    2026 FDD · Item 7 · PDF p. 15

    Happy Joes

    $252,750

    2026 FDD · Item 7 · PDF p. 12

    Initial franchise fee · Item 5

    GRIMALDIS PIZZERIA

    $50,000

    2026 FDD · Item 5 · PDF p. 9

    Happy Joes

    $40,000

    2026 FDD · Item 5 · PDF p. 11

    Royalty · Item 6

    GRIMALDIS PIZZERIA

    6%

    2026 FDD · Item 6 · PDF p. 10

    Happy Joes

    Not available

    Before you compare

    • Both sets of figures come from 2026 FDDs.
    • Item 19 figures cover the location groups each FDD names (GRIMALDIS PIZZERIA: 9, Happy Joes: 13). Different groups are not directly comparable.

    Financial commitment

    Estimated initial investment (Item 7)

    GRIMALDIS PIZZERIA

    $1,181,000
    $65,000 As arranged Before and after opening Suppliers TOTAL IMPROVEMENT COSTS — 1181000
    2026 FDD · Item 7 · PDF p. 15

    Happy Joes

    $252,750
    Total initial investment — $252,750–$846,250
    2026 FDD · Item 7 · PDF p. 12
    Standard initial franchise fee (Item 5)

    GRIMALDIS PIZZERIA

    $50,000
    2026 FDD · Item 5 · PDF p. 9

    Happy Joes

    $40,000
    2026 FDD · Item 5 · PDF p. 11
    Royalty (Item 6)

    GRIMALDIS PIZZERIA

    6%
    cal year. ITEM 6 OTHER FEES Type of Fee 1 Amount Due Date Remarks Royalty Fee 2 — 6
    2026 FDD · Item 6 · PDF p. 10

    Happy Joes

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

    GRIMALDIS PIZZERIA

    2%
    ldi’s – 04/26 FDD Type of Fee 1 Amount Due Date Remarks Brand Fund Contribution — 2 — 2%
    2026 FDD · Item 6 · PDF p. 11

    Happy Joes

    Not available
    No reviewed brand or advertising fund fee

    System scale & health

    Total outlets (Item 20)

    GRIMALDIS PIZZERIA

    44
    Outlets at end of 2025
    2026 FDD · Item 20 · PDF p. 45

    Happy Joes

    1
    Outlets at end of 2025
    2026 FDD · Item 20 · PDF p. 25
    Net outlet change (Item 20)

    GRIMALDIS PIZZERIA

    −1
    Calculated: 45 at end of 2023 → 44 at end of 2025

    Happy Joes

    +0
    Calculated: 1 at end of 2023 → 1 at end of 2025
    Outlet exits (Item 20)

    GRIMALDIS PIZZERIA

    Not available
    No complete exit records for a year

    Happy Joes

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

    GRIMALDIS PIZZERIA

    Not available
    Not in reviewed records

    Happy Joes

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

    GRIMALDIS PIZZERIA

    Not available
    Not in reviewed records

    Happy Joes

    Not available
    Not in reviewed records

    Financial performance (Item 19), by location group

    GRIMALDIS PIZZERIA
    Locations counted not stated in the reviewed record — Table1 Middlethird
    14 restaurants
    other Table1 Middlethird
    2026 FDD · Item 19 · PDF p. 43
    Locations counted not stated in the reviewed record — Table1 Topthird
    13 restaurants
    other Table1 Topthird
    2026 FDD · Item 19 · PDF p. 43
    Locations counted not stated in the reviewed record — Table1 Bottomthird
    $1,646,764
    other Table1 Bottomthird
    2026 FDD · Item 19 · PDF p. 43
    +6 more groups in the full report
    Happy Joes
    Locations counted not stated in the reviewed record — Locust restaurant
    100 percent
    other Total revenue
    2026 FDD · Item 19 · PDF p. 22
    Locations counted not stated in the reviewed record — Bettendorf restaurant
    58 percent
    other Gross profit
    2026 FDD · Item 19 · PDF p. 22
    Locations counted not stated in the reviewed record — West 50th restaurant
    28.9 percent
    other Total controllable payroll expenses
    2026 FDD · Item 19 · PDF p. 22
    +10 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.

    GRIMALDIS PIZZERIA vs Happy Joes: common questions

    Which costs less to open, GRIMALDIS PIZZERIA or Happy Joes?
    GRIMALDIS PIZZERIA: $1,181,000 (2026 FDD · Item 7 · PDF p. 15); Happy Joes: $252,750 (2026 FDD · Item 7 · PDF p. 12). These are each franchisor's Item 7 estimated initial investment. The low end of the disclosed estimate is lower for Happy Joes. Estimates are not quotes, and the FDD years may differ.
    Which has more locations, GRIMALDIS PIZZERIA or Happy Joes?
    GRIMALDIS PIZZERIA: 44 (2026 FDD · Item 20 · PDF p. 45); Happy Joes: 1 (2026 FDD · Item 20 · PDF p. 25). Total outlets from Item 20. Outlet counts do not indicate territory availability or franchisee results.
    Do GRIMALDIS PIZZERIA and Happy Joes disclose financial performance (Item 19)?
    GRIMALDIS PIZZERIA has reviewed Item 19 figures for 9 location groups; Happy Joes has reviewed Item 19 figures for 13 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 GRIMALDIS PIZZERIA report

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

    Full Happy Joes report

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

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