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GRIMALDI'S Franchise FDD, Costs & Fees (2025)

GRIMALDI'S serves coal-fired brick-oven pizzas, offering a traditional and flavorful dining experience with a focus on high-quality ingredients.

Grimaldi’s Pizzeria is a renowned New York-style pizza franchise, celebrated for its coal-fired brick oven pizzas. Established in 2003 beneath the Brooklyn Bridge in Brooklyn, New York, Grimaldi’s has expanded to over 40 locations across the United States. The company is currently headquartered in Scottsdale, Arizona.

In April 2019, Grimaldi’s launched its domestic franchise program, inviting qualified operators to join its growing network.

The franchise offers a menu featuring hand-crafted pizzas, calzones, salads, and house-made desserts, including its legendary cheesecakes. Each location features a coal-fired brick oven, delivering an authentic taste that sets Grimaldi’s apart.

Grimaldi’s differentiates itself through its commitment to tradition and quality. The brand uses a custom water system designed to replicate New York City water, essential for achieving its signature dough taste. The open kitchen concept allows guests to witness the pizza-making process, enhancing the overall dining experience.

Initial investment

Here's what you would need to invest if you were to start this franchise. These costs are provided by the franchisor in the Franchise Disclosure Document.

Type of Expenditure Amount
Construction and Leasehold Improvements $630,000 - $850,000
Architectural and Engineering Fees $32,000 - $40,000
Equipment $210,000 - $240,000
Coal Brick Oven $65,000 - $130,000
Furniture and Fixtures $60,000 - $65,000
Interior Finishes and Equipment $85,000 - $105,000
Exterior Finishes and Equipment $40,000 - $65,000
Total Improvement Costs $1,122,000 - $1,495,000
Initial Franchise Fee $50,000
Professional Services $10,000 - $20,000
Rent (3 months) $46,500 - $67,500
Pre-opening Travel $24,500 - $31,500
Pre-opening Labor $45,000 - $55,000
Market Introduction (opening advertising) $13,000 - $18,000
Business Permits and Licenses $800 - $1,500
Opening Inventory $20,000 - $25,000
Stationery, Printing and Supplies $1,000 - $1,500
Insurance Pre-Payment $4,000 - $5,000
Miscellaneous and Other Pre-Payments $3,000 - $5,000
Additional Funds During the First Three Months of Operation $50,000 - $60,000
Total Other Costs $267,800 - $340,000
Total Estimated Initial Investment $1,389,800 - $1,835,000
Type of Expenditure Amount
Construction and Leasehold Improvements $630,000 - $850,000
Architectural and Engineering Fees $32,000 - $40,000
Equipment $210,000 - $240,000
Coal Brick Oven $65,000 - $130,000
Furniture and Fixtures $60,000 - $65,000
Interior Finishes and Equipment $85,000 - $105,000
Exterior Finishes and Equipment $40,000 - $65,000
Total Improvement Costs $1,122,000 - $1,495,000
Initial Franchise Fee $50,000
Professional Services $10,000 - $20,000
Rent (3 months) $46,500 - $67,500
Pre-opening Travel $24,500 - $31,500
Pre-opening Labor $45,000 - $55,000
Market Introduction (opening advertising) $13,000 - $18,000
Business Permits and Licenses $800 - $1,500
Opening Inventory $20,000 - $25,000
Stationery, Printing and Supplies $1,000 - $1,500
Insurance Pre-Payment $4,000 - $5,000
Miscellaneous and Other Pre-Payments $3,000 - $5,000
Additional Funds During the First Three Months of Operation $50,000 - $60,000
Total Other Costs $267,800 - $340,000
Total Estimated Initial Investment $1,389,800 - $1,835,000

GRIMALDI'S

2025

Franchise Disclosure Document

Number of units

Training

Grimaldi’s offers a comprehensive training program to ensure its franchisees and their teams are well-prepared to operate their restaurants. The training provided by the Franchisor includes the following structured components:

  1. Initial Training Program: This mandatory training for the Operating Principal, General Manager, and other supervisory employees must be completed at least 60 days before opening. It spans up to six weeks, combining classroom and on-the-job training. Participants must also complete ServSafe and alcoholic beverage safety certifications beforehand. Those who pass are certified as Trainers.
  2. Train the Trainer Program: Franchisee’s certified Trainers are responsible for preparing the restaurant’s staff. A complete staff must be trained at least 10 days prior to opening. Certification is granted only after an adequate number of employees are trained and verified by the Franchisor.
  3. Opening Training: For the first or second restaurant, the Franchisor dispatches a representative for on-site support, including staff training and opening activities. This support extends up to 14 days and is provided without cost to the Franchisee.

Territory Protection

Grimaldi’s does not provide its franchisees with exclusive territorial rights under the standard Franchise Agreement. Each franchise is granted for a specific approved location, but the franchisor reserves the right to operate or license others to operate Grimaldi’s Restaurants in other locations, including non-traditional venues such as airports, casinos, and campuses.

Franchisees should also be aware that competition may come from other Grimaldi’s franchisees or company-owned locations in nearby areas.

Under the Development Agreement, franchisees may receive a form of limited exclusivity within a defined Development Territory, but this protection is conditional. The franchisor may revoke this exclusivity if the franchisee defaults on the agreement or fails to meet the development schedule.

Competitors

Below are some of

GRIMALDI'S

key competitors in the

Pizza

sector.

Franchise
Franchisees
Initial fee
Total investment
Revenue
Sign up
Gross Profit
Sign up
EBITDA
Sign up

4

New
+
300%
300%

$50,000

$1,390,000

$1,835,000

n.a.

$2,780,000

$xxx,xxx

n.a.

xx%

n.a.

n.a.

xx%

n.a.

Competitors

Chanticlear Pizza

Chanticlear Pizza is a pizza restaurant franchise offering multiple crust styles, specialty pizzas, and related items, serving neighborhood diners in the Twin Cities region, and known for decades of local heritage, thin-crust favorites, delivery convenience, and community-focused operations.

Franchisees

?

10
+
-9%
-9%
Investment

?

$247,000 - $326,000

Bellacino's

Bellacino's is a fast-casual restaurant franchise offering pizza, grinders, and related menu items, serving families, workers, and students, and known for dough and bread made from scratch daily, oven-baked sandwiches, and a comfortable neighborhood dining experience.

Franchisees

?

46
+
-2%
-2%
Investment

?

$311,000 - $477,000

Krave It

Krave It is a fast-casual franchise offering gourmet wraps, bowls and specialty sandwiches in NYC style, serving value- and quality-seeking diners, and known for growth-oriented franchise support and evolving restaurant model.

Franchisees

?

0
+
n.a.
n.a.
Investment

?

$201,000 - $408,000

Vinny's Pizza

Vinny’s Pizza is a pizzeria franchise offering classic New York–style pies, slices, subs and wings, serving families, students and neighborhood patrons, and known for dough-based heritage, strong local loyalty and franchise growth support.

Franchisees

?

0
+
n.a.
n.a.
Investment

?

$232,300 - $325,000

Red Boy Pizza Franchising Corp.

Red Boy Pizza Franchising Corp. is a pizza franchise offering sourdough-crust pizzas, Italian salads and delivery service, serving local neighborhood customers, and known for family tradition, fresh-made ingredients and long-standing brand heritage.

Franchisees

?

6
+
-14%
-14%
Investment

?

$227,000 - $521,000

Westside Pizza

Westside Pizza is a pizza franchise offering dine-in, delivery and carry-out pizza, wings and salads, serving families and local communities, and known for modern systems, flexible formats, low startup investment and community-centric brand.

Franchisees

?

31
+
3%
3%
Investment

?

$207,000 - $560,000

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