Franchise opportunities compared

    Happys Pizza vs Little Caesars

    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

    Happys Pizza

    $791,100

    2025 FDD · Item 7 · PDF p. 27

    Little Caesars

    Not available

    Initial franchise fee · Item 5

    Happys Pizza

    Not available

    Little Caesars

    $20,000

    2026 FDD · Item 5 · PDF p. 15

    Royalty · Item 6

    Happys Pizza

    Not available

    Little Caesars

    6%

    2026 FDD · Item 6 · PDF p. 18

    Before you compare

    • Happys Pizza figures come from its 2025 FDD and Little Caesars figures from its 2026 FDD, so the years differ.
    • Only Happys Pizza has reviewed Item 19 figures here.

    Financial commitment

    Estimated initial investment (Item 7)

    Happys Pizza

    $791,100
    Initial Investment – Restaurant #3 $263,700 $619,250 Varies Varies Varies Total — 791100
    2025 FDD · Item 7 · PDF p. 27

    Little Caesars

    Not available
    No reviewed Item 7 total
    Standard initial franchise fee (Item 5)

    Happys Pizza

    Not available
    No single standard fee identified

    Little Caesars

    $20,000
    2026 FDD · Item 5 · PDF p. 15
    Royalty (Item 6)

    Happys Pizza

    Not available
    No reviewed royalty record

    Little Caesars

    6%
    Weekly royalty greater of 6% of Gross Sales or $300
    2026 FDD · Item 6 · PDF p. 18
    Brand / advertising fund (Item 6)

    Happys Pizza

    2%
    Though we have the right to collect an Additional Marketing Contribution up to — 2 — 2%
    2025 FDD · Item 6 · PDF p. 17

    Little Caesars

    7%
    Advertising fee up to 7% of Gross Sales — 7%
    2026 FDD · Item 6 · PDF p. 18

    System scale & health

    Total outlets (Item 20)

    Happys Pizza

    54
    Outlets at end of 2024
    2025 FDD · Item 20 · PDF p. 60

    Little Caesars

    4,374
    Outlets at end of 2025
    2026 FDD · Item 20 · PDF p. 74
    Net outlet change (Item 20)

    Happys Pizza

    −2
    Calculated: 56 at end of 2022 → 54 at end of 2024

    Little Caesars

    +3,799
    Calculated: 575 at end of 2023 → 4,374 at end of 2025
    Outlet exits (Item 20)

    Happys Pizza

    Not available
    No complete exit records for a year

    Little Caesars

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

    Happys Pizza

    Not available
    Not in reviewed records

    Little Caesars

    1962
    From a verified franchisor listing
    Franchisor founded (Item 1)

    Happys Pizza

    Not available
    Not in reviewed records

    Little Caesars

    Not available
    Not in reviewed records

    Financial performance (Item 19), by location group

    Happys Pizza
    Locations counted not stated in the reviewed record — All Standard Restaurants
    50 restaurants
    other All Standard Restaurants
    2025 FDD · Item 19 · PDF p. 58
    Locations counted not stated in the reviewed record — Bottom 25 Standard Restaurants
    60 percent
    other Bottom 25 Standard Restaurants
    2025 FDD · Item 19 · PDF p. 58
    Locations counted not stated in the reviewed record — Top 25 Standard Restaurants
    32 percent
    other Top 25 Standard Restaurants
    2025 FDD · Item 19 · PDF p. 58
    +1 more groups in the full report
    Little Caesars

    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.

    Happys Pizza vs Little Caesars: common questions

    Which has more locations, Happys Pizza or Little Caesars?
    Happys Pizza: 54 (2025 FDD · Item 20 · PDF p. 60); Little Caesars: 4,374 (2026 FDD · Item 20 · PDF p. 74). Total outlets from Item 20. Outlet counts do not indicate territory availability or franchisee results.
    Do Happys Pizza and Little Caesars disclose financial performance (Item 19)?
    Happys Pizza has reviewed Item 19 figures for 4 location groups; Little Caesars 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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