Anthony’s Coal Fired Pizza & Wings Franchise FDD, Profits & Costs (2025)

Anthony’s Coal Fired Pizza & Wings is a modern fast-casual restaurant concept that originated in Fort Lauderdale, Florida, in 2013. Founded by Anthony Bruno, the brand draws inspiration from classic New York–style pizza traditions while introducing a distinctive twist — a 900°F coal oven that creates a crisp, smoky crust and a rich, charred flavor profile.

Over time, the menu evolved beyond pizza to feature its well-known coal-roasted jumbo wings, offering guests a bold, signature taste that reflects the same commitment to quality and flavor.

Now headquartered in Fort Lauderdale, the brand became part of BurgerFi International in 2021 and began offering franchise opportunities in 2023. It has since expanded to dozens of locations across several U.S. states.

Anthony’s stands apart from other pizza chains through its signature coal-fired cooking process and its dedication to using only fresh, never-frozen ingredients. This focus on craftsmanship and authenticity helps the franchise maintain a unique position in the competitive fast-casual pizza industry.

Initial Investment

How much does it cost to start a Anthony’s Coal Fired Pizza & Wings franchise? It costs on average between $810,000 – $1,240,000 to start a Anthony’s Coal Fired Pizza & Wings franchised restaurant.

This covers expenses related to restaurant construction, kitchen equipment, opening inventory, and initial operating costs. The total investment varies depending on several factors, such as the restaurant format selected, geographic location, and whether the franchisee decides to lease or buy the property.

Type of ExpenditureAmount
Franchise Fee$50,000
Rent$20,000 – $36,000
Security Deposits$10,000 – $25,000
Leasehold Improvements$350,000 – $562,000
Equipment, Furniture and Fixtures$300,000 – $350,000
Insurance$6,000 – $10,000
Permits and Licenses$2,500 – $15,000
Initial Inventory$20,000 – $30,000
Signage$4,000 – $15,000
Grand Opening Advertising$15,000 – $30,000
Architecture & MEP Drawings$20,000 – $35,000
Travel Expenses for Training$0 – $15,000
Professional Fees$2,500 – $6,500
Opening Assistance$0 – $15,000
Additional Funds (3 months)$10,000 – $45,000
Total$810,000 – $1,239,500

Average Revenue (AUV)

How much revenue can you make with a Anthony’s Coal Fired Pizza & Wings franchise? A Anthony’s Coal Fired Pizza & Wings franchised business makes on average $2,009,000 in revenue (AUV) per year.

Here is the extract from the Franchise Disclosure Document:

Anthony's Coal Fired Pizza & Wings fdd item 19 extract.

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Frequently Asked Questions

How many Anthony’s Coal Fired Pizza & Wings locations are there?

As of the latest publicly-available information, Anthony’s Coal Fired Pizza & Wings operates approximately 60 total locations in the United States

What is the total investment required to open a Anthony’s Coal Fired Pizza & Wings franchise?

The total investment required to open a Anthony’s Coal Fired Pizza & Wings franchise ranges from $810,000 to $1,240,000.

What are the ongoing fees for a Anthony’s Coal Fired Pizza & Wings franchise?

Anthony’s Coal Fired Pizza & Wings franchise charges an ongoing royalty fee of about 5.5% of gross sales. Franchise owners also contribute roughly 3.5% of gross sales toward national and local advertising efforts, which support brand marketing and promotional activities across all locations.

Who owns Anthony’s Coal Fired Pizza & Wings?

The franchise is owned by BurgerFi International Inc., a publicly traded restaurant group that also operates the BurgerFi brand.

Disclaimer

Disclaimer: This content has been made for informational and educational purposes only. SharpSheets is an independent educational resource and is not affiliated with, endorsed by, or representing any franchisor mentioned on this website. Where noted, figures are taken from the franchisor’s Franchise Disclosure Document (FDD). In some cases, we may provide independent calculations or estimates based on publicly available information. We do not make any representation or warranties with respect to the accuracy, applicability, fitness, or completeness of the information presented in the article. You should not construe any such information or other material as legal, tax, investment, financial, or other professional advice. Nothing contained in this article constitutes a solicitation, recommendation, endorsement, advertisement, or offer to buy or sell any franchises, securities, or other financial instruments in this or in any other jurisdiction in which such solicitation or offer would be unlawful under the franchise and/or securities laws of such jurisdiction.

All content in this article is information of a general nature and does not address the detailed circumstances of any particular individual or entity. Nothing in the article constitutes professional and/or financial and/or legal advice, nor does any information in the article constitute a comprehensive or complete statement of the matters discussed or the law relating thereto. You alone assume the sole responsibility of evaluating the merits and risks associated with the use of any information or other content in this article before making any decisions based on such information or other content.

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