Giordano’s

Giordano’s

Information based on 2022 FDD

Food & Beverage · Full Service Restaurants

Investment min
$599K
Total: $599K–$2M
Avg gross revenue
$2M
Unit-level, 2022
Franchise fee
$40K
Per current disclosure
Royalty
6%
of gross revenue
Locations
37
Franchising since 1980

Description

What is Giordano’s?

Giordano's stands as an iconic pillar in the world of authentic Chicago-style pizza, bringing its legendary deep-dish excellence to locations across the United States since 1974. What began as a treasured family recipe from Torino, Italy, has evolved into a beloved restaurant franchise that delivers an unparalleled dining experience.

At the heart of Giordano's success is their signature Chicago-style stuffed deep-dish pizza, featuring a distinctive flaky crust, generous layers of premium mozzarella cheese, and a perfectly balanced house-made tomato sauce. While the deep-dish pizza, which takes approximately 45 minutes to prepare, is their claim to fame, Giordano's menu extends beyond to include thin-crust pizzas, Italian classics, fresh salads, and appetizers that cater to diverse palates.

The restaurant atmosphere combines casual family dining with a touch of classic Italian charm, making it ideal for both intimate dinners and larger gatherings. Their commitment to quality is evident in every aspect, from the fresh ingredients to the time-honored cooking methods that have been perfected over decades.

Giordano's has earned countless accolades and a devoted following, with many customers claiming it serves 'the best pizza in the world.' Their success stems from maintaining consistent quality across all locations while adapting to local markets. The brand's reputation for excellence, combined with their proven operational model and strong customer loyalty, has established Giordano's as a leader in the full-service restaurant sector. Whether serving locals or tourists seeking an authentic Chicago pizza experience, each Giordano's location delivers on the promise of exceptional food and memorable dining experiences.
  • 50-year Chicago deep-dish heritage since 1974
  • Originators of Chicago-style stuffed deep-dish pizza
  • Specially produced Wisconsin mozzarella from local farmers
  • Exclusive Northern California Mendocino County tomatoes
  • Chicago magazine Reader's Choice best pizza winner
  • Nationwide shipping of famous stuffed deep-dish pizza

Location Analysis

Where Giordano’s wins

Giordano's demonstrates strong regional dominance in the Midwest, with widespread coverage across multiple states. The franchise shows particular concentration in Illinois and Michigan, followed by strategic presence in Indiana, Pennsylvania, and Ohio. This distribution suggests a successful expansion pattern from its Chicago roots into neighboring Midwest markets, while maintaining operational efficiency through clustered growth.

The brand's strong customer satisfaction ratings across numerous customer reviews indicates robust market performance, particularly in its core Midwest markets. This consistent positive feedback suggests successful adaptation to local market preferences while maintaining brand quality standards.

Giordano's location strategy appears focused on urban and suburban areas with strong Italian-American cultural presence and appreciation for Chicago-style deep dish pizza. Successful locations typically feature high-traffic areas with strong dinner daypart performance, substantial residential density, and above-average household incomes.

Growth opportunities exist in untapped Northeast and Mid-Atlantic markets, where similar dining preferences and urban demographics align with the brand's success profile. However, prospective franchisees should consider the competitive landscape of established pizza concepts in these regions. Ideal new locations should target areas with significant population density within a 3-mile radius, strong commercial activity, and proximity to entertainment venues or business districts.
Total US locations
70
Franchise units
37
Corporate locations
33
Avg. sq. footage
N/A

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Financial Analysis

The numbers behind Giordano’s

Avg gross revenue$1,842,395
Investment range$599,000 – $1,957,000
Investment midpoint$1,278,000
Brand fund2%
Royalty6%
Franchise fee$40,000
Min. net worth
Min. liquid capital
Giordano's requires an investment range of $599,000 to $1,957,000, positioning it as a mid-tier opportunity within the full-service restaurant sector. The investment floor sits 43% below the sub-sector average minimum of $1,052,202, while the maximum aligns closely with industry standards, offering accessible entry points for qualified investors. This investment typically covers kitchen equipment, build-out costs, initial inventory, and working capital requirements essential for full-service pizza operations.

With gross revenue of $1,842,395, Giordano's performs 15% above the sub-sector average of $1,596,338, demonstrating strong unit-level performance that exceeds typical full-service restaurant benchmarks. The deep-dish pizza segment benefits from strong brand differentiation and cultural association with Chicago dining, creating defensive market positioning against generic pizza concepts.

The franchise's 50-year operational history since 1974 provides substantial franchisor experience and refined operational systems, critical for complex restaurant operations requiring specialized deep-dish preparation techniques. With 70 active units, the system demonstrates operational longevity though maintains selective growth, suggesting careful market development rather than aggressive expansion.

Ideal candidates require substantial liquid capital and restaurant management experience, given the operational complexity of deep-dish preparation and full-service restaurant management. The brand's iconic Chicago heritage and specialty positioning creates strong local market advantages in appropriate demographics, with investors benefiting from above-average revenue performance within the competitive full-service restaurant sector.
Did you know? Did you know that bringing Chicago's legendary deep-dish pizza empire to your community through a Giordano's franchise requires a total investment between $599,000 and $1,957,000, which covers everything from the $40,000 franchise fee to kitchen equipment, buildout costs, and working capital needed to serve up those famous stuffed pizza masterpieces that have made Giordano's a Windy City institution since 1974?

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

$599K–$2M
Most common
$599,000
Minimum
$1,278,000
Midpoint
$1,957,000
Maximum

Per FDD Item 7, total initial investment ranges from $599,000 to $1,957,000. The midpoint $1,278,000 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
2020
2021
2022
Avg
$614K
YOY change (2021 -> 2022)

According to Item 19 of the Franchise Disclosure Document, Giordano’s 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

+3% YoY
80644832160
2016
2017
2018
2019
2020
2021
2022
70 units open as of 2022 FDD+2 in last 12 mo

2022 Franchise Disclosure

FDD documents

Below are items 2, 3, 4, 7, 11 and 19 for Giordano’s's 2022 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 2022 FDD

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

Buyer FAQs

Frequently asked questions

The initial investment for a Giordano’s franchise typically ranges between $599,000.00 and $1,957,000.00. 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 2022. 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.

Giordano’s
Giordano’s
$2M avg revenue · 37+ US franchises

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