Romeo’s Pizza Franchise FDD, Profits & Costs (2025)

Romeo’s Pizza is a quick-service restaurant franchise specializing in award-winning pizzas, calzones, pastas, strombolis, subs, chicken wings, appetizers, and salads. Established in 2001 in Medina, Ohio, the company has grown to over 70 locations across the United States. The corporate headquarters remains in Medina, Ohio.

The franchise began offering franchising opportunities in 2007, expanding its presence through both individual unit franchises and area development agreements.

Romeo’s Pizza differentiates itself by emphasizing high-quality ingredients, such as pure California tomatoes, fresh hand-cut vegetables, in-house dough, and 100% Wisconsin cheese. This commitment to quality has earned the brand numerous accolades, including Best Gourmet Pizza in America and Best Pizza in the Midwest.

Initial Investment

How much does it cost to start a Romeo’s Pizza franchise? It costs on average between $191,000 – $641,000 to start a Romeo’s Pizza franchised restaurant.

This includes costs for construction, equipment, inventory, and initial operating expenses. The exact amount depends on various factors, including the type of restaurant you choose, the location, and whether the franchisee chooses to lease or purchase the property.

Type of ExpenditureAmount
Initial Franchise Fee$30,000
Construction and Leasehold Improvements$75,000 – $300,000
Furniture, Fixtures and Equipment$25,000 – $165,000
Lease Deposits – 3 Months$6,000 – $15,000
Signage$8,000 – $12,000
Computer, Software and Point of Sales System$800 – $20,000
Grand Opening Marketing$20,000
Initial Inventory$4,000 – $8,000
Utility Deposits$500 – $1,500
Insurance Deposits – 3 Months$1,000 – $3,000
Travel for Initial Training$5,000 – $15,000
Professional Fees$5,000 – $15,000
Licenses and Permits$500 – $1,000
Additional Funds – 3 months$10,000 – $35,000
Total Estimate$190,800 – $640,500

Average Revenue (AUV)

How much revenue can you make with a Romeo’s Pizza franchise? A Romeo’s Pizza franchised restaurant makes on average $824,000 in revenue (AUV) per year.

Here is the extract from the Franchise Disclosure Document:

Romeo’s Pizza fdd item 19 extract

This compares to $970,000 yearly revenue for similar pizza franchises. Below are a few Romeo’s Pizza competitors as a comparison:

Romeo's Pizza franchise competitors

Romeo’s Pizza Franchise Disclosure Document

Frequently Asked Questions

How many Romeo’s Pizza locations are there?

As of the latest data, Romeo’s Pizza operates 62 locations across the United States. The company has a mix of company-owned and franchise-owned units, with 8 company-owned locations and 54 franchised units.

What is the total investment required to open a Romeo’s Pizza franchise?

The total investment required to open a Romeo’s Pizza franchise ranges from $191,000 to $641,000.

What are the ongoing fees for a Romeo’s Pizza franchise?

Romeo’s Pizza franchisees are subject to a royalty fee is 5% of gross sales, collected weekly, which grants franchisees the right to use the Romeo’s Pizza brand and receive continuous support.

Additionally, there is a marketing fee of 1.5% of gross sales, collected monthly, dedicated to advertising and promotional efforts to enhance brand visibility and drive customer traffic.

What are the financial requirements to become a Romeo’s Pizza franchisee?

To qualify as a Romeo’s Pizza franchisee, candidates should have a minimum net worth ranging from $250,000 to $500,000 and liquid capital between $100,000 and $200,000. These financial requirements ensure that franchisees are adequately prepared to establish and operate a Romeo’s Pizza location successfully.

How much can a Romeo’s Pizza franchise owner expect to earn?

The average gross sales for a Romeo’s Pizza franchise are approximately $0.82 million per location. Assuming a 15% operating profit margin, $0.82 million yearly revenue can result in $123,000 EBITDA annually.

Who owns Romeo’s Pizza?

Romeo’s Pizza franchise is owned by Ryan Rose, who acquired a minority stake around 2016 and currently serves as the CEO.

Disclaimer

Disclaimer: This content has been made for informational and educational purposes only. 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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