The real numbers on owning a Toppers Pizza franchise
Pizza QSR/Fast Casual · FDD 2026 · from public state filings
DDisclosure honesty
This franchisor discloses earnings (Item 19) — but read how.
Investment
$420,700–$732,684
Total fees
8.5% of sales
Outlets
68
Closure signals
2 ceased, 4 terminated
Lawsuits
0
What their own earnings claim actually says
Discloses only gross sales (avg ~$959K franchised, median ~$869K) for 49 qualifying franchised units. Excludes 6 closed units and 3 new units. No profitability, expenses, or net income data provided. Significant cherry-picking via exclusions.
Honesty grade D: the disclosed numbers are incomplete or framed to look better than an owner's real take-home.
Failure & turnover reality (Item 20)
2025: 4 terminations, 2 ceased operations, net franchised outlet count declined by 1.
Get the full Toppers Pizza validation report — $149
The franchisor won't put real owner profit in writing. We do — reconstructed from their own FDD.
Franchisor's framing: Discloses only gross sales (avg ~$959K franchised, median ~$869K) for 49 qualifying franchised …
🔒 Real estimated owner take-home (low / median / high) — unlocked in the report
Reconstructed owner P&L — net take-home after royalty, ad fund, rent, labor & debt
Break-even timeline + cash-on-cash ROI on your investment
Full fee stack + required-purchase markups
Decoded real failure / closure rate
How it ranks vs comparable franchises
Validation-call playbook — who to call + the exact questions
The FDD lists a total initial investment of about $420,700–$732,684, including a $30,000 initial franchise fee.
How much do Toppers Pizza franchise owners make?
Discloses only gross sales (avg ~$959K franchised, median ~$869K) for 49 qualifying franchised units. Excludes 6 closed units and 3 new units. No profitability, expenses, or net income data provided. Significant cherry-picking via exclusions. We grade this disclosure D for honesty.
What is the Toppers Pizza franchise failure rate?
2025: 4 terminations, 2 ceased operations, net franchised outlet count declined by 1.
Is a Toppers Pizza franchise worth it?
It depends on the numbers, not the pitch. Toppers Pizza scores D on disclosure honesty, carries about 8.5% of sales in ongoing fees. Get the real owner take-home before you sign.
Own a Toppers Pizza? Add your real numbers (anonymous)
We publish only aggregated benchmarks — never your name. Contribute and we'll show you how your numbers compare.
Source: MN CARDS 35962-202604-09 (Clean FDD 2026). FranchiseValidate is independent and not affiliated with Toppers Pizza or its franchisor. Figures are extracted from the franchisor's own public disclosure document; verify against the current FDD before any decision.