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FranchiseVerdict

Happy Lemon vs Happy's Pizza

Franchise Comparison 2026

Both Happy Lemon and Happy's Pizza are quick-service restaurants franchises. Happy Lemon requires an investment of $298K – $587K while Happy's Pizza requires $264K – $619K. Happy's Pizza discloses average revenue of $1.1M; Happy Lemon does not report Item 19 data. Happy's Pizza has SBA lending data on file with a 40.0% charge-off rate. FranchiseVerdict rates Happy Lemon A (Strongest tier) and Happy's Pizza D (Below average).

Investment Range
$298K – $587K
$264K – $619K
Franchise Fee
$30K
$25K
Royalty Rate
7.0%
$1,500 per month flat Royalty Fee
Average Revenue (Item 19)
N/A
$1.1M
SBA Charge-Off Rate
Limited data
40.0% (11 loans)
Total Units
115
54
Unit Growth (YoY)
N/A
N/A
Year Began Franchising
2018
2007
FDD Year
2025
2025