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SUBJECT DOSSIER · FDD 2026

GRIMALDI'S, GRIMALDI'S PIZZERIA, GRIMALDI'S COAL-BRICK OVEN PIZZERIA Franchise

Cost, fees, owner earnings, closure rate and litigation for a GRIMALDI'S, GRIMALDI'S PIZZERIA, GRIMALDI'S COAL-BRICK OVEN PIZZERIA franchise — pulled from the franchisor's own public FDD (2026), not its sales material.

Pizza · disclosure-honesty grade · from public state filings

Disclosure honesty

C
Transparency 3 / 5

GRIMALDI'S, GRIMALDI'S PIZZERIA, GRIMALDI'S COAL-BRICK OVEN PIZZERIA discloses earnings (Item 19) — but the grade is how honestly. We graded it C.

Outlets44
Disclosed lawsuits0
Closure signals2 ceased
Investment
$1,448,800–$1,950,000
Total fees
11% of sales
Outlets
44
Closure signals
2 ceased, 0 terminated
Lawsuits
0
◢ FINDINGS
ITEM 20
2 outlets ceased operations
2 company-operated closures in 2025; minimal franchisee data limits assessment.

What their own earnings claim actually says

2025 Gross Sales for 40 company-operated and 4 franchised restaurants. Top third average $4.24M, bottom third $2.08M. Four franchised restaurants averaged $2.06M. Limited franchisee data provided; unaudited.

What a GRIMALDI'S, GRIMALDI'S PIZZERIA, GRIMALDI'S COAL-BRICK OVEN PIZZERIA franchise actually costs to run

FeeDisclosedWhere it comes from
Initial franchise fee$50,000Item 5 — paid up front, before you open
Royalty6% of gross salesItem 6 — charged on revenue, not profit
Advertising fund5% of gross salesItem 6 — brand marketing, spent at the franchisor's discretion
Total recurring fees11% of gross salesBefore rent, labor, food or debt service
Total initial investment$1,448,800 – $1,950,000Item 7 — franchisor's own low/high estimate

6% royalty, 2-5% advertising. Transfer fee 25% of initial fee. Multiple ancillary fees apply.

Royalty and ad-fund percentages are charged on gross sales — an owner pays them whether or not the location is profitable.

GRIMALDI'S, GRIMALDI'S PIZZERIA, GRIMALDI'S COAL-BRICK OVEN PIZZERIA system size and owner turnover

Total outlets44
Ceased operations2
Terminated by franchisor0
Transferred to new owners0
Closure rate4.5% of outlets

2 company-operated closures in 2025; minimal franchisee data limits assessment.

From Item 20 of the FDD 2026. Terminations and ceased operations are the franchisor's own count of owners who stopped — the number the sales pitch leaves out.

Is GRIMALDI'S, GRIMALDI'S PIZZERIA, GRIMALDI'S COAL-BRICK OVEN PIZZERIA worth it? — how it compares to 38 similar franchises

Ongoing fees11% of salessteeper than 76% of pizza franchises
Startup costfrom $1,448,800pricier than 91% of peers
Disclosure honestyGrade Ctypical for the category
Closure rate4.5% of outletsworse than 81% of peers
Disclosed lawsuits0fewer than most

Benchmarked against every pizza franchise we've graded from public FDDs — the context the franchisor's pitch never gives you.

◤ CLASSIFIED · ITEM 19 RECONSTRUCTED

Owner take-home for a GRIMALDI'S, GRIMALDI'S PIZZERIA, GRIMALDI'S COAL-BRICK OVEN PIZZERIA

The franchisor's framing: 2025 Gross Sales for 40 company-operated and 4 franchised restaurants. Top third average $… We reconstruct what an owner actually keeps, from their own FDD.

LOW
MEDIAN
HIGH

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GRIMALDI'S, GRIMALDI'S PIZZERIA, GRIMALDI'S COAL-BRICK OVEN PIZZERIA franchise — frequently asked

How much does a GRIMALDI'S, GRIMALDI'S PIZZERIA, GRIMALDI'S COAL-BRICK OVEN PIZZERIA franchise cost?
The FDD lists a total initial investment of about $1,448,800–$1,950,000, including a $50,000 initial franchise fee.
How much do GRIMALDI'S, GRIMALDI'S PIZZERIA, GRIMALDI'S COAL-BRICK OVEN PIZZERIA franchise owners make?
2025 Gross Sales for 40 company-operated and 4 franchised restaurants. Top third average $4.24M, bottom third $2.08M. Four franchised restaurants averaged $2.06M. Limited franchisee data provided; unaudited. We grade this disclosure C for honesty.
What are the GRIMALDI'S, GRIMALDI'S PIZZERIA, GRIMALDI'S COAL-BRICK OVEN PIZZERIA franchise fees?
GRIMALDI'S, GRIMALDI'S PIZZERIA, GRIMALDI'S COAL-BRICK OVEN PIZZERIA's FDD discloses a $50,000 initial franchise fee, a 6% royalty on gross sales, a 5% advertising-fund contribution, for roughly 11% of gross sales in recurring fees before rent, labor, or debt service. 6% royalty, 2-5% advertising. Transfer fee 25% of initial fee. Multiple ancillary fees apply.
What is the GRIMALDI'S, GRIMALDI'S PIZZERIA, GRIMALDI'S COAL-BRICK OVEN PIZZERIA franchise profit margin?
GRIMALDI'S, GRIMALDI'S PIZZERIA, GRIMALDI'S COAL-BRICK OVEN PIZZERIA does not publish a franchisee net-profit margin — almost no franchisor does. What Item 19 actually shows: 2025 Gross Sales for 40 company-operated and 4 franchised restaurants. Top third average $4.24M, bottom third $2.08M. Four franchised restaurants averaged $2.06M. Limited franchisee data provided; unaudited. Recurring fees alone take about 11% of gross sales, before rent, labor, food or debt service. Margin has to be reconstructed from the disclosure, not read off it.
What is the GRIMALDI'S, GRIMALDI'S PIZZERIA, GRIMALDI'S COAL-BRICK OVEN PIZZERIA franchise failure rate?
2 company-operated closures in 2025; minimal franchisee data limits assessment.
How many GRIMALDI'S, GRIMALDI'S PIZZERIA, GRIMALDI'S COAL-BRICK OVEN PIZZERIA locations are there?
GRIMALDI'S, GRIMALDI'S PIZZERIA, GRIMALDI'S COAL-BRICK OVEN PIZZERIA's FDD reports 44 total outlets, with 2 that ceased operations in the most recent reporting year and 0 transferred to new owners. Item 20 is where system health shows up before the marketing does.
Does GRIMALDI'S, GRIMALDI'S PIZZERIA, GRIMALDI'S COAL-BRICK OVEN PIZZERIA have complaints or lawsuits?
GRIMALDI'S, GRIMALDI'S PIZZERIA, GRIMALDI'S COAL-BRICK OVEN PIZZERIA discloses no material litigation in Item 3 of the filing we reviewed. That's a positive signal, though it covers only what the franchisor is required to report.
Is a GRIMALDI'S, GRIMALDI'S PIZZERIA, GRIMALDI'S COAL-BRICK OVEN PIZZERIA franchise worth it?
It depends on the numbers, not the pitch. GRIMALDI'S, GRIMALDI'S PIZZERIA, GRIMALDI'S COAL-BRICK OVEN PIZZERIA scores C on disclosure honesty, carries about 11% of sales in ongoing fees. Get the real owner take-home before you sign.

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Source: WI DFI Franchise Registration (2026). FranchiseValidate is independent and not affiliated with GRIMALDI'S, GRIMALDI'S PIZZERIA, GRIMALDI'S COAL-BRICK OVEN PIZZERIA or its franchisor. Figures are extracted from the franchisor's own public disclosure document; verify against the current FDD before any decision.