Flippin' Pizza New York Style
Franchising since 2007 · 4 locations
The total investment to open a Flippin' Pizza New York Style franchise ranges from $150,400 - $488,000. The initial franchise fee is $25,000. Ongoing royalties are 6% plus a 2% advertising fee. Flippin' Pizza New York Style currently operates 4 locations (4 franchised). The top SBA 7(a) lenders for Flippin' Pizza New York Style are Stearns Bank, First Savings Bank and Lendistry SBLC, LLC. PeerSense FPI health score: 52/100.
$150,400 - $488,000
$25,000
4
4 franchised
Proprietary PeerSense metric
ModerateActive capital sources verified for Flippin' Pizza New York Style financing
SBA
7(a) Eligible
21d
Avg Funding
P+2.25%
Best Rate
No retainers · Referral fee at closing
FPI Score Breakdown
Emerging (3-9 loans)
SBA Lending Performance
SBA Default Rate
0.0%
0 of 6 loans charged off
SBA Loans
6
Total Volume
$1.9M
Active Lenders
5
States
2
Top SBA Lenders for Flippin' Pizza New York Style
What is the Flippin' Pizza New York Style franchise?
For an aspiring entrepreneur evaluating the complex landscape of quick-service restaurant franchises, the critical question often revolves around identifying a brand that offers both authenticity and a proven model for sustained growth amidst fierce competition. The journey to selecting the right franchise opportunity requires meticulous due diligence, particularly in a segment as popular and evolving as pizza, where success hinges on differentiating factors and robust operational support. Flippin Pizza New York Style presents itself as a distinctive quick-serve restaurant franchise, specializing in genuine New York-style pizza, complemented by a diverse menu of appetizers, salads, and fountain drinks, catering to dine-in, delivery, and carry-out customers. This brand, founded in 2007 by Patrick Farley as a three-unit concept in Southern California, saw a pivotal shift in 2008 when entrepreneur Herminio Llevat, with extensive experience operating over 75 restaurants across various franchise concepts, acquired a controlling interest, initiating a systematic expansion strategy. By November 2015, Peter Tremblay, an industry veteran with over 28 years of multi-unit experience from Starbucks Coffee Company, Jack in the Box, and Pinkberry, was appointed CEO, with Herminio Llevat assuming the role of Chairman of the Board, signaling a leadership focused on strategic growth. While PeerSense's current database reflects 5 total units, with 4 franchised locations and no company-owned units, the brand has previously reported more extensive operations and ambitious expansion initiatives, illustrating a dynamic growth trajectory within its history. The corporate headquarters of Flippin Pizza New York Style is located in Long Beach, California, aligning with its Southern California origins, though other sources indicate corporate offices in Santa Monica and Solana Beach, California, reflecting its regional presence. This brand distinguishes itself through an unwavering commitment to authenticity, utilizing a special New York-style filtered water for its dough, which is made fresh daily in each store without oil or sugar, ensuring a unique flavor profile that resonates with connoisseurs of traditional pizza. Each pizza is hand-tossed and baked in brick ovens, further cementing its claim to genuine New York-style craftsmanship in a global pizza market valued at USD 282.91 billion in 2025, projected to expand to USD 340.91 billion by 2034 at a compound annual growth rate (CAGR) of 5.90%. This detailed independent analysis, free from promotional bias, aims to provide prospective investors with the comprehensive data necessary to assess the Flippin Pizza New York Style franchise opportunity within the broader restaurant sector.
The limited-service restaurant industry, particularly the pizza segment, represents a substantial and continuously expanding market, characterized by consistent consumer demand and evolving preferences. The global pizza market size, valued at USD 282.91 billion in 2025, is projected to surge to USD 340.91 billion by 2034, demonstrating a robust compound annual growth rate (CAGR) of 5.90% during this forecast period. Within the United States, the pizza restaurant industry alone commands a significant market size of $49.5 billion in 2026, encompassing 75,736 active businesses as of 2025–2026, with projections indicating a steady growth to $50.7 billion by 2034 at a CAGR of 2.95%. North America stands as a dominant force in this market, holding a substantial share of 39.13% in 2025 and 39% in 2026, underscoring the region's strong appetite for pizza. Key consumer trends are actively reshaping this landscape, with 93% of Americans reportedly consuming pizza at least once a month, affirming its enduring popularity. The increasing urbanization and rising disposable incomes contribute significantly to market expansion, alongside a pronounced consumer shift towards convenience, driven by the widespread adoption of online delivery, digital ordering platforms, and delivery-oriented business models such as ghost kitchens. Digital ordering now accounts for approximately 25–30% of total sales volume for many independent operators, with continued growth anticipated through 2026. Moreover, evolving preferences for premium offerings, including plant-based pizzas and customizable toppings, are propelling market growth, alongside a rising demand for gluten-free options, fueled by health consciousness and broader dietary shifts. Chained outlets are expected to maintain market dominance, capturing around a 70.2% revenue share in 2026, while independent pizzerias are projected to exhibit the fastest growth, with an estimated 9.6% CAGR through 2033. The takeout format is anticipated to hold the largest share at approximately 47.2% in 2026, with delivery-only models poised for the fastest expansion at an estimated 9.1% CAGR through 2033. However, the industry faces macro forces such as rising labor wages, which increased by nearly 3.9% year over year for pizza restaurant employees, accounting for 25–35% of total operating costs for independent pizzerias, alongside increasing raw material prices, which together exert considerable pressure on profit margins. These challenges are accelerating a significant industry-wide move towards digitization and automation in both production and service areas, with many restaurants integrating automated technologies to enhance efficiency. The prevalence of third-party delivery platforms, typically charging between 15% and 30% per order, also introduces a substantial factor that can compress profit margins for operators. Amidst these dynamics, the Flippin Pizza New York Style franchise is positioned to capitalize on the enduring appeal of authentic pizza, while adapting to contemporary consumer demands for convenience and diverse dietary options.
Investing in a Flippin Pizza New York Style franchise involves a comprehensive financial commitment, with the total initial investment ranging from $150,400 to $488,000, as reported in the current franchise data. This broad range can be attributed to various factors, including the specific format of the restaurant, geographical location, and the extent of leasehold improvements or new construction required versus converting an existing space. For instance, some sources suggest a startup cost range from "Flippin' Pizza of GA" between $150,000 and $250,000, while others indicate ranges from $221,300 to $398,300 or $220,700 to $513,400, reflecting the variability in real estate, equipment, and initial operating expenses across different markets. The franchise fee, a foundational component of the initial investment, is $25,000, representing the cost for the right to use the franchisor's trademarks, name, and established business systems, and is typically due upon signing the franchise agreement. Beyond the initial setup, franchisees are subject to ongoing fees designed to support the brand's continued operations and marketing efforts. A minimum royalty fee of 6% of gross sales is required, which is an ongoing payment to the franchisor for the continued use of the brand and its support systems. Additionally, an advertising fee, with a maximum rate of 2.00% of gross sales, contributes to a collective fund that supports brand-wide advertising and marketing initiatives, ensuring consistent brand visibility and customer acquisition efforts across the franchise network. Working capital requirements for a Flippin Pizza New York Style location are estimated to be between $17,000 and $40,000, providing the necessary liquidity for day-to-day operations during the initial ramp-up phase. When evaluating the total cost of ownership against sector averages, the investment profile positions Flippin Pizza New York Style as an accessible to mid-tier franchise opportunity within the quick-service restaurant category, particularly when considering the robust market for pizza. The company operates as a privately held entity, with Herminio Llevat serving as the Chairman of the Board and Peter Tremblay as CEO, bringing significant multi-unit restaurant experience to the leadership team. While specific financing considerations such as SBA eligibility or veteran incentives are not detailed in the provided data, the investment range suggests it could be suitable for various funding avenues, depending on the franchisee’s financial background and lending partnerships. The comprehensive nature of these financial requirements underscores the importance of thorough financial planning and due diligence for any prospective Flippin Pizza New York Style franchisee.
The operational model for a Flippin Pizza New York Style franchise is meticulously designed to uphold the brand's commitment to authenticity and quality, while ensuring efficient service for its diverse customer base. Daily operations for a franchisee involve managing dine-in, delivery, and carry-out services, with a core focus on pizza production. The brand’s emphasis on authenticity is evident in its use of a special New York-style filtered water for dough preparation, which is made fresh daily in each store, devoid of oil or sugar, distinguishing its product in the competitive pizza market. Pizzas are hand-tossed by skilled staff and baked in brick ovens, a method that imparts a distinctive crust and flavor profile, reflecting traditional New York-style techniques. The menu is extensive and caters to a wide array of tastes, featuring classic pepperoni, tomato-basil-garlic, white pie, meat, veggie, and Hawaiian bacon options, alongside chicken-based selections like Buffalo chicken, barbecue chicken, and chicken-mushroom-pesto pizzas. Beyond pizzas, the menu includes calzones, pizza by the slice, garlic knots, meatballs, wings, and pepperoni rolls, with a distinct emphasis on baked, never fried, side dishes. Health-conscious and dietary-restricted customers are accommodated with oven-roasted broccolini, a refashioned salad line, house-baked cookies, and importantly, a gluten-free crust option, vegan cheese, and vegan sauce options, demonstrating the brand's responsiveness to evolving consumer preferences. While specific staffing requirements are not detailed, the quick-serve, multi-channel service model implies a need for a dedicated team to manage kitchen operations, order fulfillment, and customer service. Flippin Pizza New York Style provides comprehensive training for new franchisees, an essential component for establishing operational excellence and brand consistency. This initial training program spans two weeks and is conducted at the corporate headquarters, comprising a total of 196 hours. This extensive program is broken down into 31 hours of classroom training, covering theoretical aspects of the business, and 165 hours of intensive on-the-job training, providing practical experience in all facets of restaurant management and operations. Beyond initial training, the franchisor offers extensive ongoing resources, covering detailed operational procedures and brand standards, designed to help franchisees build a strong foundation for business success. This support extends to technology platforms, including new websites and a mobile ordering app, as well as the "Flippin' Perks" loyalty program, which aids in customer retention and engagement. While specific territory structures or multi-unit requirements are not explicitly outlined, the brand’s history of expansion and the hands-on involvement described by a franchisee, Sweta Bharodia, in Magnolia/The Woodlands, Texas, suggests a preference for owner-operators who are deeply invested in their local store’s performance and customer satisfaction.
Item 19 financial performance data is not disclosed in the current Franchise Disclosure Document for Flippin Pizza New York Style, meaning prospective franchisees will not find average revenue, median revenue, or top/bottom quartile performance figures directly from the franchisor’s FDD. This absence of a formal financial performance representation necessitates a reliance on other available data points and industry benchmarks to estimate potential unit-level performance. However, information from "Flippin' Pizza of GA" in July 2021, likely derived from an older FDD or a regional disclosure, provides some valuable insights into the potential financial viability of the brand. This data indicates an average gross sales figure of $921,491 per unit, coupled with an EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) of $127,533, suggesting a healthy operational profitability. Furthermore, this regional report cited a robust Return on Investment (ROI) of 54%, which, if consistently achievable, positions the Flippin Pizza New York Style franchise as an attractive investment opportunity. It is crucial for investors to understand that actual franchise profits are inherently dependent on a multitude of factors, including local market demand, prevailing labor costs, and commercial lease rates, which can vary significantly by location. The broader pizza industry offers a context for these figures, with the U.S. market valued at $49.5 billion in 2026. Digital ordering, a growing trend, already accounts for approximately 25–30% of total sales volume for many independent operators, influencing revenue streams. Operating costs are significantly impacted by labor wages, which account for 25–35% of total operating costs for independent pizzerias, having increased by nearly 3.9% year over year. Additionally, the increasing reliance on third-party delivery platforms, which typically charge between 15% and 30% per order, can compress profit margins, requiring strategic pricing and operational efficiency. While Flippin Pizza New York Style's current database unit count is 5 total locations, with 4 franchised, historical data indicates a more extensive network and ambitious growth plans, suggesting periods of stronger unit-level performance that contributed to earlier expansion. For instance, in 2016, the brand had 20 franchised locations across 5 states plus Washington D.C., with 11 locations in the West, and by October 2017, it reported opening four new locations that year and securing commitments for 25 more in Texas, Georgia, and California. These historical growth trajectories and the provided financial insights from a regional source, despite the lack of current FDD disclosure, offer a glimpse into the potential for strong unit-level performance under favorable market conditions and effective management, making the Flippin Pizza New York Style concept worthy of detailed financial modeling.
The growth trajectory of Flippin Pizza New York Style, while exhibiting periods of significant expansion, also reveals a dynamic and sometimes fluctuating landscape, reflecting the competitive nature of the quick-service restaurant industry. Founded in 2007 with three units in Southern California, the brand saw a critical inflection point in 2008 with Herminio Llevat’s acquisition of a controlling interest, which initiated a systematic approach to expansion. As of approximately 2016, Flippin Pizza New York Style had grown to 20 franchised locations across 5 states, including California, Georgia, Maryland, Texas, and Virginia, along with Washington D.C., with the West region housing 11 of these units. Further expansion was reported in October 2017, with four new locations opened that year and an impressive 25 more secured through commitments to establish stores in key markets such as Texas, Georgia, and California. Earlier in January 2017, specific plans included opening branches in Plano and Fort Worth, Texas, in the first quarter of that year, followed by two additional locations in Frisco, Texas, later in 2017. Internationally, the brand also marked its presence with two units in Dubai and one in Mexico City as of January 2015, with operations in Dubai confirmed as recently as July 2021. However, more recent data indicates approximately 19 current U.S. locations and 23 total U.S. locations, while the PeerSense database currently reflects 5 total units, with 4 franchised and no company-owned units, suggesting a period of consolidation or strategic realignment. This discrepancy underscores the fluid nature of franchise unit counts and the importance of up-to-date intelligence. A notable development in May 2023 saw a franchisee, Sweta Bharodia, assert her Magnolia/The Woodlands, Texas, store as the "only one in Texas," which directly contradicts earlier expansion plans for multiple Texas locations, indicating a fluctuating growth trajectory or changes in the franchise landscape within specific states. Leadership changes have also marked the brand's recent history, with Peter Tremblay appointed CEO in November 2015, bringing extensive multi-unit experience to guide the brand forward. Menu innovation has been a consistent driver of competitive advantage, with a significant update in October 2017 introducing new items such as baked wings, oven-roasted broccolini, oven-baked meatballs, house-baked cookies, new pizza pies, and a refashioned salad line. More recently, as of May 2023, Flippin Pizza New York Style has adapted to evolving consumer preferences by offering vegan cheese and sauce options, as well as a gluten-free crust, addressing growing dietary demands. The brand has also invested in a clean, fresh brand look, revamped menus, new websites, and a mobile ordering app, coupled with a "Flippin' Perks" loyalty program, enhancing digital engagement and customer loyalty. These initiatives, combined with "best pizza" awards garnered from coast-to-coast, establish a competitive moat built on authenticity, quality ingredients like 100% whole milk mozzarella, a diverse menu, and a proactive approach to digital transformation and customer experience, allowing Flippin Pizza New York Style to adapt to current market conditions and maintain relevance.
The ideal franchisee for a Flippin Pizza New York Style location is an individual who is deeply committed to operational excellence and customer satisfaction, embodying the brand's dedication to authenticity and quality. While specific experience or management background requirements are not explicitly detailed in the provided data, the firsthand account of Sweta Bharodia, a franchisee in Magnolia/The Woodlands, Texas, offers significant insight. She describes investing 100% of her time and efforts to provide quality food and service, actively seeking new ways to improve the menu and service, and welcoming customer suggestions. This suggests that the brand thrives with owner-operators who are hands-on, passionate about their business, and engaged with their local community, rather than purely absentee investors. A background in restaurant management or a strong entrepreneurial spirit with a focus on operational detail would likely be highly beneficial. There are no explicit multi-unit requirements or expectations outlined, but a successful single-unit operation could potentially pave the way for future expansion within the system, especially given the brand's historical growth ambitions. Available territories have historically included a focus on California, Georgia, Maryland, Texas, and Virginia, along with Washington D.C., with expansion commitments secured in Texas, Georgia, and California as of October 2017. International markets, including Dubai and Mexico City, also represent potential growth areas. However, the conflicting information regarding Texas locations, with a franchisee stating her store was the "only one in Texas" in May 2023, indicates that territory availability and market performance can be dynamic and should be thoroughly investigated at the time of inquiry. The timeline from signing a franchise agreement to opening a Flippin Pizza New York Style store is not explicitly provided, but the comprehensive two-week training program suggests a structured onboarding process. The franchise agreement term length and details regarding renewal or transfer considerations are not available in the provided data, which are crucial aspects for long-term planning and exit strategies. Prospective franchisees should be prepared for a hands-on role in managing their Flippin Pizza New York Style business, focusing on maintaining the high standards of food preparation, customer service, and community engagement that define the brand.
For investors seeking a compelling franchise opportunity within the robust and ever-popular quick-service pizza sector, Flippin Pizza New York Style presents a unique blend of authentic New York-style craftsmanship and a demonstrated commitment to menu innovation and operational excellence. The brand’s dedication to using special New York-style filtered water for its fresh, daily-made dough, hand-tossed pizzas baked in brick ovens, and 100% whole milk mozzarella, sets it apart in a crowded market. Despite the current database reflecting 5 total units, historical data showcases periods of significant expansion, with 20 franchised locations in 2016 and commitments for 25 more in 2
FPI Score
52/100
SBA Default Rate
0.0%
Active Lenders
5
Key Highlights
Franchise Financing Resources
Data Insights
Key performance metrics for Flippin' Pizza New York Style based on SBA lending data
SBA Default Rate
0.0%
0 of 6 loans charged off
SBA Loan Volume
6 loans
Across 5 lenders
Lender Diversity
5 lenders
Avg 1.2 loans per lender
Investment Tier
Significant investment
$150,400 – $488,000 total
Flippin' Pizza New York Style — Deep SBA Data
Brand-specific metrics derived directly from SBA 7(a) approval records — peak lending year, leading state, average loan size, and lender concentration. PeerSense computes these per brand so capital advisors and prospective franchisees can benchmark this opportunity against the rest of the franchise universe.
Peak SBA Year
2020
2 approvals — best year on record for Flippin' Pizza New York Style.
Top SBA State
California
4 SBA-financed Flippin' Pizza New York Style locations — the densest operator footprint.
Average Loan Size
$319K
Median $318K — use as a sizing anchor when modeling your own $Flippin' Pizza New York Style unit.
Lender Concentration
66.7%
Concentrated
Share of Flippin' Pizza New York Style approvals captured by the top 3 SBA lenders.
Flippin' Pizza New York Style's SBA lending pipeline peaked in 2020 (2 approvals). The last five fiscal years account for 33% of cumulative volume ($540K approved). Operator density is highest in California with 4 SBA-financed locations. Average funded ticket sits at $319K, with the median at $318K. Lender mix is concentrated: the top three SBA lenders account for 66.7% of approvals — credit decisions concentrate with a small group of incumbents.
Payment Estimator
Estimated Monthly Payment
$1,557
Principal & Interest only
Locations
Flippin' Pizza New York Style — unit breakdown
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