Carbone's Pizzeria

Carbone's Pizzeria

Information based on 2023 FDD

Food & Beverage · Pizza

Investment min
$291K
Total: $291K–$2M
Avg gross revenue
N/A
Unit-level, 2023
Franchise fee
$10K
Per current disclosure
Royalty
2% - 5%
Locations
35
Franchising since 1977

Description

What is Carbone's Pizzeria?

Carbone's Pizzeria stands as a testament to authentic Italian-American cuisine, serving communities with passion and tradition since 1954. With nearly seven decades of experience in crafting exceptional pizzas, this beloved franchise has built its reputation on time-honored recipes, premium ingredients, and an unwavering commitment to quality.

From its humble beginnings, Carbone's has evolved into a respected name in the pizza industry while maintaining its family-oriented values and dedication to genuine hospitality. Each location serves as a gathering place where memories are made over steaming slices of expertly crafted pizza, featuring their signature crispy crust and perfectly balanced toppings.

What sets Carbone's apart is their dedication to preserving traditional pizza-making methods while embracing modern innovations to meet contemporary tastes. Their menu showcases both classic favorites and creative specialty pizzas, complemented by a selection of Italian-inspired dishes that cater to diverse palates.

As a franchise opportunity, Carbone's provides comprehensive training and support, ensuring that each location maintains the high standards and authentic experience that customers have come to expect. Their proven business model combines time-tested operations with modern marketing strategies, creating a robust framework for success in the competitive food service industry.

With a strong presence in their operating regions, Carbone's continues to grow while maintaining the personal touch and quality that made them successful. Their commitment to excellence extends beyond the kitchen, fostering strong relationships with both customers and franchise partners, making it an attractive option for entrepreneurs passionate about food service and community building.
  • 70 years of proven pizza excellence since 1954
  • Family-focused dining destination concept
  • Fresh, high-quality ingredients commitment since 1954
  • Diversified menu beyond pizza - hoagies, salads, pasta and more
  • Event catering services for all occasions
  • Timeless recipes with multi-generational appeal

Location Analysis

Where Carbone's Pizzeria wins

Carbone's Pizzeria demonstrates a concentrated regional presence across multiple states, showing strong market penetration in the Upper Midwest. The franchise maintains a robust presence in Minnesota, particularly around the Twin Cities metropolitan area, while also operating locations in New York and establishing a developing footprint in Wisconsin. The average rating of 4.22 across thousands of customer reviews indicates consistent service quality and strong brand reputation, particularly in their Minnesota stronghold.

The franchise's success in Minnesota suggests a strong understanding of Midwestern consumer preferences and operational efficiency in northern markets. This regional expertise could support strategic expansion into neighboring states like Iowa, North Dakota, or Michigan. The established New York presence, despite geographic separation from their core market, demonstrates adaptability to different market conditions and consumer preferences.

Ideal locations for new franchises typically include suburban areas with median household incomes above $60,000, strong residential density, and proximity to commercial districts or educational institutions. The franchise performs particularly well in communities with a mix of residential and business customers, suggesting a dual revenue stream model. Prospective franchisees should focus on markets with similar demographics to successful Minnesota locations, while considering local competition and pizza consumption patterns.
Total US locations
37
Franchise units
35
Corporate locations
2
Avg. sq. footage
N/A

Loading map...

Territory check

Is your territory available?

Let's find out.

try

We'll take you through a few quick questions, then Carbone's Pizzeria confirms availability directly.

Availability

Financial Analysis

The numbers behind Carbone's Pizzeria

Avg gross revenueN/A
Investment range$291,000 – $2,060,000
Investment midpoint$1,175,500
Brand fund1%
Royalty2% - 5%
Franchise fee$10,000
Min. net worth
Min. liquid capital
Carbone's Pizzeria presents a **$291,000 to $2,060,000** investment range, positioning it as a mid-to-premium tier pizza franchise opportunity. The **lower entry point of $291,000** falls below the pizza sub-sector average minimum of $380,153, while the **maximum investment of $2,060,000** significantly exceeds the sub-sector average of $837,259, suggesting varied unit formats or market positioning strategies.

The pizza franchise sector benefits from consistent consumer demand and proven business models, though faces increasing competition from fast-casual concepts and delivery platforms. Carbone's **70-year operational history since 1954** demonstrates remarkable brand longevity and recipe refinement, though the **37-unit system size** indicates limited market penetration compared to major pizza chains.

This investment structure suggests potential for both traditional and premium format locations, requiring investors with substantial liquid capital for higher-tier units. The wide investment range may reflect different market sizes, real estate costs, or operational formats within the system. Note that revenue data is not currently available, which limits comprehensive ROI analysis.

Ideal investors should possess **$500,000+ liquid capital** for mid-range units, with restaurant industry experience preferred given operational complexity. The established brand heritage and family-focused positioning may appeal to markets valuing local tradition and quality ingredients.

Key considerations include the franchise's limited geographic footprint, which may present both expansion opportunities and brand recognition challenges. Multi-unit development potential exists given the proven concept longevity, though investors should carefully evaluate territory availability and market saturation.
Did you know? Did you know that bringing Carbone's Pizzeria's authentic Italian flavors and beloved family recipes to your community requires a total investment between $291,000 and $2,060,000, which includes the $10,000 franchise fee plus all equipment, buildout, and startup costs needed to launch your own slice of this established pizzeria brand?

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

$291K–$2M
Most common
$291,000
Minimum
$1,175,500
Midpoint
$2,060,000
Maximum

Per FDD Item 7, total initial investment ranges from $291,000 to $2,060,000. The midpoint $1,175,500 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.

Growth over time

Franchise footprint

0% YoY
50403020100
2020
2021
2022
2023
37 units open as of 2023 FDD

2023 Franchise Disclosure

FDD documents

Below are items 2, 3, 4, 7, 11 and 19 for Carbone's Pizzeria'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 Carbone's Pizzeria franchise typically ranges between $291,000.00 and $2,060,000.00. 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.

Carbone's Pizzeria
Carbone's Pizzeria
N/A avg revenue · 35+ US franchises

Franchises for you

Other brands in the same vertical and investment band — recommendations based on what you've explored.

Spotlight

Franchisor Image
Franzy Verified

Lee's Famous Recipe Chicken

Food & Beverage

Gross Revenue$2,172,042
Min Investment$850,000
Founded1966
Franchise Units94+

Spotlight

Franchisor Image
Franzy Verified

Frios Gourmet Pops

Food & Beverage

Gross RevenueN/A
Min Investment$64,584
Founded2018
Franchise Units115+
Franchisor Image
Franzy Verified

Clusters Handcrafted Popcorn

Food & Beverage

Gross Revenue$274,576
Min Investment$170,800
Founded2017
Franchise Units5+
Franchisor Image
Franzy Verified

Tea Bar - Mobile Unit

Food & Beverage

Gross RevenueN/A
Min Investment$95,000
Founded2014
Franchise UnitsN/A
Franchisor Image
Franzy Verified

Tea Bar

Food & Beverage

Gross RevenueN/A
Min Investment$266,037
Founded2014
Franchise UnitsN/A
Franchisor Image
Franzy Verified

3Natives Acai Cafe

Food & Beverage

Gross Revenue$947,071
Min Investment$310,000
Founded2013
Franchise Units42+
Franchisor Image
Franzy Verified

Goodness Bowls

Food & Beverage

Gross RevenueN/A
Min Investment$325,119
Founded2019
Franchise Units5+
Franchisor Image
Franzy Verified

Breadless

Food & Beverage

Gross RevenueN/A
Min Investment$439,202
Founded2025
Franchise UnitsN/A