Riko's Pizza Franchise Review 2023: Ratings & Verdict

Product details

Contents

Key facts


The Verdict

Quick Verdict · who it fits

Riko's Pizza fits first-time franchise buyers looking for an emerging food & beverage concept.

⚠ Risks to review

Key FDD Facts

The numbers a buyer needs first — straight from the filing.

Initial investment (Item 7)

$1.0M - $1.4M

Royalty (Item 6)

6%

Item 19 median rev

$1.99M franchised units

System size (Item 20)

8 +2

Model Riko's Pizza's costs in the investment calculator → Prefilled from this filing — startup cost, cash flow and break-even.

Data extracted from the 2023 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% on gross sales.

PROJECTED ANNUAL SALES$1,990,000

$100k$3.6M

Royalty (6%)

Total / year

▪ Of-sales fees only · excludes rent, labor, COGS, and one-time costs · for illustration

Executive Summary

Free AI summary — the first read on the filing.

Key Numbers

8

Total units open

2

Units opened last year

0

Units closed last year

2

Net unit growth

AI Due Diligence Findings PREMIUM

What our analysis flagged across the 2023 filing.

3

Risks to review

2

Strengths identified

4

Questions to ask

Industry Benchmarks

How Riko's Pizza ranks against 749 Food & Beverage peers we've analyzed.

Initial investment

87th pct · of 749 peers

System size

28th 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 Riko's Pizza stacks up

Closest concepts by category and investment.

Brand Item 19 Fee Investment Royalty Units
Riko's Pizza Disclosed $1.0M - $1.4M 6% 8
Crisp & GreenSimilar price Disclosed $50K $643K - $1.4M 7% 30
Doctor's AssociatesBiggest system None $15K $227K - $630K 8% 18,773
Vintage Hospitality GroupTop-rated in category Disclosed $50K $3.5M - $6.4M 5.5% 33

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Frequently Asked Questions

How much does a Riko's Pizza franchise cost?

Riko's Pizza requires a total initial investment range of $1,005,300–$1,398,300, per the most recent FDD on file.

Who owns Riko's Pizza?

Riko's Pizza is franchised by Riko's Franchise Corporation (Rikos Pizza), 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 Riko's Pizza disclose financial performance (Item 19)?

No. Riko's Pizza does not include a financial performance representation in its FDD. Prospective buyers should rely on validation calls with existing franchisees and benchmark against industry medians.

What ongoing fees does Riko's Pizza charge?

Franchisees pay a royalty of 6% of Gross Sales on gross sales as defined in Item 6 of the FDD.

How many Riko's Pizza locations are there?

As of their 2023 FDD, Riko's Pizza has 8 total locations, with 2 new locations opened in the most recent reporting year. This information comes from Item 20 of the FDD.

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