Happy's Pizza vs Earl of Sandwich
Franchise Comparison 2026
Both Happy's Pizza and Earl of Sandwich are full-service restaurants franchises. Happy's Pizza requires an investment of $264K – $619K while Earl of Sandwich requires $308K – $584K. Happy's Pizza discloses average revenue of $1.1M; Earl of Sandwich 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's Pizza D (Below Average) and Earl of Sandwich D (Below Average).
| Metric | Happy's Pizza | Earl of Sandwich |
|---|---|---|
| Verdict Grade | DBelow AverageBelow Average | DBelow AverageBelow Average |
| Investment Range | $264K – $619K | $308K – $584K |
| Franchise Fee | $25K | $25K |
| Royalty Rate | $1,500 per month | 6.0% |
| Average Revenue (Item 19) | $1.1M | N/A |
| SBA Charge-Off Rate | 40.0% (11 loans) | Limited data |
| Total Units | 54 | 31 |
| Unit Growth (YoY) | N/A | N/A |
| Year Began Franchising | 2007 | 2004 |
| FDD Year | 2025 | 2025 |
Investment Range
$264K – $619K
$308K – $584K
Franchise Fee
$25K
$25K
Royalty Rate
$1,500 per month
6.0%
Average Revenue (Item 19)
$1.1M
N/A
SBA Charge-Off Rate
40.0% (11 loans)
Limited data
Total Units
54
31
Unit Growth (YoY)
N/A
N/A
Year Began Franchising
2007
2004
FDD Year
2025
2025