Key Numbers
66
Total units open
1
Units opened last year
5
Units closed last year
−4
Net unit growth
Tony + Benny's Franchise
Franchised by Villa Pizza, LLC · FDD 2026
Food & Beverage FDD 2026 Founded 1999 · 27+ yrs Item 19 disclosed
Data extracted from Villa Pizza, LLC's 2026 Franchise Disclosure Document, filed under FTC Rule 16 CFR 436. How we analyze FDDs →
Initial investment
$374K - $991K
Franchise fee
$25K
Median unit revenue
$794k
System size
41 (+1)
The Verdict
Quick Verdict · who it fits
Tony + Benny's fits first-time franchise buyers looking for an emerging food & beverage concept.
✓ Strengths
- ✓Discloses Item 19 financial performance
- ✓27 years in business — established brand
Key FDD Facts
The numbers a buyer needs first — straight from the filing.
Initial investment (Item 7)
$374K - $991K
Franchise fee (Item 5)
$25K
Royalty (Item 6)
6% + 3% ad
Item 19 median rev
$794k domestic franchise restaurants open for one year or more
System size (Item 20)
41 +1
Years in business
27+ yrs
Model Tony + Benny's's costs in the investment calculator → Prefilled from this filing — startup cost, cash flow and break-even.
Data extracted from the 2026 FDD filed with state regulators. Fees and terms may have changed since filing — request the current FDD from the franchisor before deciding. Not legal, financial, or investment advice. Full disclaimer.
What you'd pay the franchisor
Drag to your projected annual sales. Royalty 6% + ad fund 3% on gross sales.
PROJECTED ANNUAL SALES$790,000
$100k$2M
Royalty (6%)
—
Ad fund (3%)
—
Total / year
—
▪ Of-sales fees only · excludes rent, labor, COGS, and one-time costs · for illustration
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What's inside
Franchise Overview
Costs & Fees Breakdown
Your Obligations
Franchisor Obligations
Financial Statements
Contracts Summary
Unit Economics
Network Health
Litigation Risk
Earnings Analysis
Financial Fit Analysis
Buyer Verdict
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Research, not legal advice. Use this report alongside professional legal and financial review before signing any franchise agreement.
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Competitive intelligence for franchisors →Executive Summary
Free AI summary — the first read on the filing.
AI Due Diligence Findings PREMIUM
What our analysis flagged across the 2026 filing.
4
Risks to review
3
Strengths identified
3
Questions to ask
Industry Benchmarks
How Tony + Benny's ranks against 749 Food & Beverage peers we've analyzed.
Initial investment
53rd pct · of 749 peers
Franchise fee
12th pct · of 749 peers
System size
57th pct · of 749 peers
Food & Beverage industry averages
Avg investment
$589K - $1.4M
Avg franchise fee
$37K
Avg system size
261
Franchises analyzed
749
How Tony + Benny's stacks up
Closest concepts by category and investment.
| Brand | Item 19 | Fee | Investment | Royalty | Units |
|---|---|---|---|---|---|
| Tony + Benny's | Disclosed | $25K | $374K - $991K | 6% | 41 |
| Royal Aloha Similar price | Disclosed | $40K | $524K - $991K | 5% | 42 |
| Doctor's Associates Biggest system | None | $15K | $227K - $630K | 8% | 18,773 |
| Vintage Hospitality Group Top-rated in category | Disclosed | $50K | $3.5M - $6.4M | 5.5% | 33 |
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Frequently asked questions
How much does a Tony + Benny's franchise cost?
Tony + Benny's requires a $25,000 initial franchise fee and a total initial investment range of $373,750–$990,500, per the most recent FDD on file.
Who owns Tony + Benny's?
Tony + Benny's is franchised by Villa Pizza, LLC, the franchisor entity of record on its Franchise Disclosure Document. Item 1 of the FDD discloses the franchisor's corporate history, parents, and predecessors.
Does Tony + Benny's disclose financial performance (Item 19)?
Yes. Tony + Benny's discloses Item 19 financial performance representations with reported revenue around $794,481. See the financials sub-page for the full distribution.
What ongoing fees does Tony + Benny's charge?
Franchisees pay a royalty of 6% of gross revenue and an advertising fund contribution of up to 3% of Gross Revenue on gross sales as defined in Item 6 of the FDD.
How many Tony + Benny's locations are there?
As of their 2026 FDD, Tony + Benny's has 41 total locations, with 1 new locations opened in the most recent reporting year. This information comes from Item 20 of the FDD.
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