Anthony's Coal Fired Pizza & Wings

Anthony's Coal Fired Pizza & Wings

Information based on 2023 FDD

Food & Beverage · Pizza

Investment min
$810K
Total: $810K–$1M
Avg gross revenue
$2M
Unit-level, 2023
Franchise fee
$50K
Per current disclosure
Royalty
5.5%
of gross revenue
Locations
60
Franchising since 2022

Description

What is Anthony's Coal Fired Pizza & Wings?

Anthony's Coal Fired Pizza & Wings has established itself as a distinctive player in the pizza industry since 2002, offering a unique coal-fired cooking method that sets it apart from traditional pizzerias. This authentic approach results in perfectly charred, crispy crusts that have become their signature trademark.

The brand is renowned for its commitment to quality, using fresh, premium ingredients across its menu. Their coal-fired ovens, which reach temperatures of up to 900 degrees, create not just exceptional pizzas but also their famous coal-fired wings – a customer favorite that offers a unique twist on traditional buffalo wings. The wings are roasted to perfection, creating a distinctive crispy exterior while maintaining juicy tenderness inside.

Beyond pizza and wings, Anthony's menu features Italian-American classics including their celebrated meatballs, fresh salads, and innovative specialty pies. The restaurant atmosphere combines casual dining with a modern sports bar feel, making it an ideal destination for both family dinners and social gatherings.

What truly distinguishes Anthony's is their dedication to customer service, with locations consistently receiving praise for their attentive staff and management team. The restaurant's commitment to creating a welcoming atmosphere is evident in their family-friendly environment and community-focused approach. Their loyalty program adds value for regular customers, while their combination of quality food and excellent service has helped build a devoted following across their locations.

Whether dining in or taking out, Anthony's Coal Fired Pizza & Wings delivers a premium pizza experience that honors traditional methods while meeting modern dining expectations.
  • Voted Best Pizza in America by Newsweek Readers
  • Authentic Coal-Fired 900-Degree Cooking Technology
  • Premium Fresh Italian Ingredients & Hand-Picked Tomatoes
  • Two-Decade Proven Operating System Since 2002
  • Superior Revenue Performance - 255% Above Industry Average
  • Multi-State Presence with 60+ Established Locations

Location Analysis

Where Anthony's Coal Fired Pizza & Wings wins

Anthony's Coal Fired Pizza & Wings demonstrates significant market presence across multiple states, with notable concentration in the Northeast and Florida. The brand maintains a strong corporate-owned network with substantial presence in Florida, New Jersey, Pennsylvania, and New York, suggesting successful operations in high-population coastal markets. The brand's consistently high customer ratings across thousands of reviews indicates strong customer satisfaction and operational consistency.

The franchise's geographic footprint reveals a strategic focus on affluent, densely populated markets with strong Italian-American cultural presence. Success in these regions likely stems from the brand's authentic coal-fired pizza positioning and premium casual dining experience. Current market coverage suggests opportunities for expansion in adjacent Northeast markets and potential growth corridors in the Mid-Atlantic region.

Ideal locations typically feature high-income demographics, strong daytime population, and proximity to commercial or mixed-use developments. The sample location in Ramsey, NJ exemplifies successful positioning in affluent suburban markets. For prospective franchisees, focus on communities with median household incomes above $75,000, strong retail corridors, and established competition in the premium casual dining segment.
Total US locations
60
Franchise units
N/A
Corporate locations
60
Avg. sq. footage
N/A

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Financial Analysis

The numbers behind Anthony's Coal Fired Pizza & Wings

Avg gross revenue$2,127,064
Investment range$810,000 – $1,239,500
Investment midpoint$1,024,750
Brand fund3.5%
Royalty5.5%
Franchise fee$50,000
Min. net worth
Min. liquid capital
Anthony's Coal Fired Pizza requires a substantial investment of $810,000-$1,239,500, positioning it in the premium tier of pizza franchises—significantly above the sub-sector average of $380,153-$837,259. However, this higher investment delivers exceptional returns, with gross revenue of $2,127,064—an impressive 255% above the sub-sector average of $599,237, demonstrating superior financial performance.

The pizza franchise sector remains resilient with consistent consumer demand, and Anthony's premium positioning showcases how specialized coal-fired oven infrastructure and upscale casual dining can command higher revenues. This substantial revenue performance validates the investment premium and reflects successful market differentiation.

With 60 units since 2002, the franchise demonstrates measured growth over two decades, indicating operational stability and proven revenue-generating systems. This maturity, combined with outstanding financial performance, suggests established operational excellence and market acceptance.

The substantial investment requirements demand investors with significant liquid capital and restaurant industry experience. Prospective franchisees should possess $325,000-$495,000 liquid capital (30-40% of total investment) and restaurant management experience. The specialized coal-fired concept requires operational expertise, making this suitable for experienced restaurateurs targeting affluent demographics in established markets.
Did you know? Did you know that bringing Anthony's Coal Fired Pizza & Wings' signature coal-fired cooking experience to your community requires a total investment between $810,000 and $1,239,500, which covers everything from the $50,000 franchise fee to specialized coal ovens, kitchen equipment, and all startup costs needed to serve those famous crispy-yet-chewy pizzas and jumbo wings that keep customers coming back?

Financing partners

Vetted partners, tailored to franchisees

Your Franzy advisor can connect you with these partners later in the process — competitive rates, specialized in franchise financing.

FranFund

Lender

CRF USA

Nonprofit SBA lender; provides financing for franchise acquisitions, startups, and expansion.

Lender

First Bank of the Lake

Lender

Pension Pros

Lender

FDD Item 7

Initial investment range

$810K–$1M
Most common
$810,000
Minimum
$1,024,750
Midpoint
$1,239,500
Maximum

Per FDD Item 7, total initial investment ranges from $810,000 to $1,239,500. The midpoint $1,024,750 is what most franchisees report at signing — financing typically reduces cash-at-close by 80–90%. Knowing the investment range helps you plan confidently and ensure you're fully prepared to make the leap.

FDD Item 19

Average gross sales

$3M$2M$2M$1M$500KN/A
$2M
$2M
2021
2022
2023
Avg
$1M
YOY change (2022 -> 2023)
+5%

According to Item 19 of the Franchise Disclosure Document, Anthony's Coal Fired Pizza & Wings has an average gross revenue of $2M. (Note: This information is based on the latest FDD in our records. Please review the Franchise Disclosure Document (FDD) and confirm this information directly with the brand. We make no claims of accuracy for the information presented.)

Growth over time

Franchise footprint

-2% YoY
80644832160
2019
2020
2021
2022
2023
60 units open as of 2023 FDD-1 in last 12 mo

2023 Franchise Disclosure

FDD documents

Below are items 2, 3, 4, 7, 11 and 19 for Anthony's Coal Fired Pizza & Wings's 2023 FDD. The complete FDD is delivered to you directly by the franchisor, per the FTC Franchise Rule.

Estimated initial investment
FDD Item 7 · PDF
Financial performance representations
FDD Item 19 · PDF
Members-only items
Executive team
FDD Item 2 · PDF
Litigation
FDD Item 3 · PDF
Bankruptcy
FDD Item 4 · PDF
Franchisor assistance
FDD Item 11 · PDF
Members only
Unlock the 2023 FDD

Connect to download Items 2, 3, 4, and 11 — direct from the franchisor.

Buyer FAQs

Frequently asked questions

The initial investment for a Anthony's Coal Fired Pizza & Wings franchise typically ranges between $810,000.00 and $1,239,500.00. This includes the franchise fee, equipment, real estate, and other startup costs. To get a detailed breakdown and better understand the financial requirements, we recommend scheduling a call with the Franzy team. We'll walk you through the specifics and answer any questions you might have. For more detailed information, refer to the financial sections of the FDD.

Disclaimer. The information provided on this page is based on the latest Franchise Disclosure Document (FDD) that is publicly available and that we have on record, which was issued in 2023. This information is for informational purposes only and is not intended to constitute legal, financial, or business advice. We make no guarantees or claims regarding the completeness or accuracy. For the most current and detailed information, we recommend consulting the franchisor directly for the most recent FDD and regarding any questions that you may have about the information provided.

Anthony's Coal Fired Pizza & Wings
Anthony's Coal Fired Pizza & Wings
$2M avg revenue · 0+ US franchises

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