Tony + Benny’s

Tony + Benny’s

Information based on 2022 FDD

Food & Beverage · Pizza

Investment min
$303K
Total: $303K–$644K
Avg gross revenue
$957K
Unit-level, 2022
Franchise fee
$25K–$35K
Per current disclosure
Royalty
6%
of gross revenue
Locations
50
Franchising since 2016

Description

What is Tony + Benny’s?

Tony + Benny's has been serving up authentic Italian-American pizza and cuisine since 1997, establishing itself as a beloved name in casual dining across the Eastern United States. With locations spanning from Florida to New York, this growing franchise has perfected the art of combining traditional recipes with modern dining expectations.

The franchise's success stems from its commitment to using premium ingredients and time-honored cooking methods, creating pizzas that strike the perfect balance between Old World tradition and contemporary taste preferences. Each Tony + Benny's location features a warm, welcoming atmosphere that makes it ideal for both family dining and casual gatherings.

What sets Tony + Benny's apart is their dedication to maintaining consistent quality across all locations while allowing franchisees to embrace local community connections. Their proven business model includes comprehensive training programs, ongoing operational support, and established supplier relationships that help ensure success for franchise owners.

The brand has shown remarkable resilience and growth, particularly in urban and suburban markets where demand for quality Italian dining experiences continues to rise. Their menu extends beyond pizza to include a full range of Italian favorites, creating multiple revenue streams for franchisees. The franchise's expansion strategy has been particularly successful in high-traffic areas and communities that value authentic Italian dining experiences.

As part of the Villa Restaurant Group, Tony + Benny's benefits from decades of restaurant industry expertise and a robust support system. This backing, combined with their strong brand recognition in the East Coast market, positions franchise owners for success in the competitive casual dining sector.
  • 27 years proven operational history since 1997
  • Exceptional revenue performance - 59.7% above pizza sector average
  • Premium 100% whole milk mozzarella and quality ingredients
  • Fresh homemade dough daily preparation standards
  • Founded by Italian owners Anthony & Biagio Scotto
  • Competitive investment range with superior financial returns

Location Analysis

Where Tony + Benny’s wins

Tony + Benny's, established in 1997, maintains a notable presence across multiple states in the northeastern United States. The franchise has established locations throughout New York, Virginia, Maryland, and New Jersey, with additional expansion in progress. Customer satisfaction metrics indicate moderate performance across their network, while their premium locations, such as their Queens airport terminal venue, demonstrate exceptional customer ratings and showcase the brand's potential in high-traffic areas.

The franchise's strategic concentration in the Northeast suggests a focused regional growth approach that enables efficient supply chain management and marketing synergies. Their success in high-traffic areas, particularly their strong performance in airport locations, indicates a robust business model for transit hubs and commercial centers.

Ideal locations for new franchises should prioritize dense urban or suburban areas with significant foot traffic, particularly near transportation hubs or commercial districts. The strong performance of their airport location suggests continued potential in non-traditional venues. Prospective franchisees should target areas with median household incomes above $60,000 and steady daytime traffic, typically near office complexes or retail centers. The 25-year operating history since 1997 demonstrates the brand's stability and ability to adapt to changing market conditions.
Total US locations
83
Franchise units
50
Corporate locations
33
Avg. sq. footage
N/A

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Financial Analysis

The numbers behind Tony + Benny’s

Avg gross revenue$957,244
Investment range$302,950 – $644,000
Investment midpoint$473,475
Brand fund3%
Royalty6%
Franchise fee$25,000–$35,000
Min. net worth
Min. liquid capital
Tony + Benny's requires an initial investment of $302,950 - $644,000, with the minimum investment positioned below the sub-sector average while the maximum falls within the pizza franchise range of $380,153 - $837,259. This competitive investment structure provides accessible entry into the established pizza market.

The franchise demonstrates exceptional financial performance with gross revenue of $957,244, significantly outperforming the sub-sector average of $599,237 by 59.7%. This substantial revenue advantage indicates strong market positioning and operational effectiveness within the competitive pizza landscape.

The pizza sector remains resilient with consistent consumer demand, though faces intensifying competition from both traditional chains and emerging fast-casual concepts. The franchise's 27-year operational history since 1997 demonstrates proven business model durability, while the current 83-unit system indicates measured growth and operational refinement without over-expansion risks.

The brand's upscale positioning with quality ingredients like 100% whole milk mozzarella and homemade dough targets higher-income demographics, potentially supporting premium pricing strategies. The concept, based on owners Anthony & Biagio Scotto, leverages Italian culinary traditions and Brooklyn connections for authentic market positioning.

Prospective franchisees must carefully review the Franchise Disclosure Document and conduct thorough due diligence, including market analysis and financial projections with qualified advisors. The investment structure favors operators seeking established systems with proven revenue performance in competitive food service markets.
Did you know? Did you know that bringing Tony + Benny's beloved Italian-American comfort food concept to your community requires a total investment between $302,950 and $644,000, which covers everything from the $25,000 to $35,000 franchise fee to kitchen equipment, buildout costs, and working capital needed to serve up their signature sandwiches, salads, and crowd-pleasing menu items from day one?

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

$303K–$644K
Most common
$302,950
Minimum
$473,475
Midpoint
$644,000
Maximum

Per FDD Item 7, total initial investment ranges from $302,950 to $644,000. The midpoint $473,475 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

$2M$1M$900K$600K$300KN/A
$400K
$720K
$957K
2021
2022
2023
Avg
$693K
YOY change (2022 -> 2023)
+33%

According to Item 19 of the Franchise Disclosure Document, Tony + Benny’s has an average gross revenue of $957K. (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

-13% YoY
20016012080400
2016
2017
2018
2019
2020
2021
2022
2023
83 units open as of 2022 FDD-12 in last 12 mo

2022 Franchise Disclosure

FDD documents

Below are items 2, 3, 4, 7, 11 and 19 for Tony + Benny’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 Tony + Benny’s franchise typically ranges between $302,950.00 and $644,000.00. 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.

Tony + Benny’s
Tony + Benny’s
$957K avg revenue · 50+ US franchises

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