Happy's Pizza

Franchise Information

Analyzed filing: MN · File #64162739
Filed: Oct 1, 2025
FDD Issued: Jul 14, 2025
Extracted: Aug 1, 2026
Verified family consensus auv tie:family=mn:34522-202507|values=1051642,1068578|current=1068578
Franchisor Details
Name: Happy's Pizza Franchise, LLC
Parent: Restaurant Equity Partners, LLC
Address: 30955 Northwestern Hwy., Suite 300, Farmington Hills, Michigan 48334
Phone: (248) 538-0000
Franchising Since: 2007
Industry & Qualifications
Industry
Food & Beverage
Franchise Fee
$25,000
Royalty
Not disclosed
Total Investment
$264K - $619K
Initial Term
5 years
Renewable
Outlet Information
Total Outlets (2024)
54
Franchised
54
Opened (Last Year)
+3
Closed (Last Year)
-6
Churn Breakdown (Last Year)
Terminations
3
Non-Renewals
3
Ceased Ops
0
Transfers
3
Reacquired
0
Item 19 (Financial Performance)
Disclosed
Data covers 50 franchised Standard Restaurants open for the full 12-month period...
Financial Performance (Item 19)
Avg Unit Volume (through Dec 2024)
$1,068,578
Median
$1,069,119
Top 25% Avg
$1,283,856
Bottom 25% Avg
$853,914
Highest
$1,910,186
Lowest
$471,439
% Achieving Avg
48.0%
Sample Size
50 units
Legal History
Litigation: Yes
USA v. Happy Asker, Maher Bashi, et al.: Criminal convictions for tax fraud conspiracy. Mr. Asker se...
Bankruptcy: Yes
BurgerFi International Inc. (predecessor of affiliate BurgerFi Franchise, LLC) filed for Chapter 11...
Number File name Source State Filing Date Actions
64162739 MN_34522-202507-09_happy's-pizza-franchise-llc.pdf
Canonical 2025 analysis · verified · newest filing
MN Oct 1, 2025 Restricted
1467882607 MN_34522-202507-11_happy's-pizza-franchise-llc.pdf
Alternate source copy
MN Oct 1, 2025 Restricted
275317 562068_Franchise__Happy_s_Pizza_2025_EFDID__562_New York_275317.pdf
Alternate source copy
NY Jul 14, 2025
FDD issue date
Restricted
639508 639508_happy-s-pizza-franchising-llc.pdf
Alternate source copy
WI Jul 14, 2025
FDD issue date
Restricted
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