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Rates
Sarpino's

Sarpino's

Franchising since 2001 · 28 locations

The total investment to open a Sarpino's franchise ranges from $125,000 - $394,550. The initial franchise fee is $40,000. Ongoing royalties are 6% plus a 2% advertising fee. Sarpino's currently operates 28 locations (28 franchised). The top SBA 7(a) lenders for Sarpino's are U.S. Bank, BMO Bank and Byline Bank. PeerSense FPI health score: 52/100.

Investment

$125,000 - $394,550

Franchise Fee

$40,000

Total Units

28

28 franchised

FPI Score
High
52

Proprietary PeerSense metric

Moderate
Capital Partners
18lenders available

Active capital sources verified for Sarpino's financing

SBA

7(a) Eligible

21d

Avg Funding

P+2.25%

Best Rate

Referral fee at closing

FPI Score Breakdown

Established (25-99 loans)

High Confidence
52out of 100
Moderate

SBA Lending Performance

SBA Default Rate

2.9%

1 of 35 loans charged off

SBA Loans

35

Total Volume

$6.6M

Active Lenders

18

States

7

Top SBA Lenders for Sarpino's

What is the Sarpino's franchise?

Navigating the complex landscape of franchise investment presents a significant challenge for entrepreneurs, where the risk of capital loss and the difficulty of selecting a truly resilient brand amidst countless options are primary concerns. Prospective investors seek not just a business, but a robust system with a proven model and clear growth trajectory, and understanding the intricate details of a franchise opportunity like Sarpino's Pizzeria is crucial for mitigating these risks. Sarpino's Pizzeria, a Canadian-founded fast-food chain specializing in pizza, was initially established in 2001 in Victoria, British Columbia, Canada, by Gerry Koutougos, who drew inspiration for the brand name from a restaurant he visited in Italy in 1999, operated by a woman named Sarpina. The company’s international operations are strategically headquartered in Singapore, with Greg Blakney leading as CEO of Sarpino's International, while Sarpino's Canada operations maintain their base in Victoria, BC, under the direction of Ensar Sehic. For its critical U.S. market, Sarpino's USA is headquartered in the Chicago suburb of Lincolnshire, Illinois, currently led by President David Chatkin, who was an original franchisee in the Chicago area before partnering with software consultant Dmitry Shapiro. In 2005, Dmitry Shapiro purchased the U.S. operations from Gerry Koutougos, renaming it Sarpino's USA, and subsequently implemented significant enhancements in marketing, standardized operations, cost controls, and comprehensive training programs to bolster franchisee support. As of recent reports from 2022-2023, Sarpino's Pizzeria maintains approximately 45 U.S. franchises, or nearly 50 units, predominantly spread across the Midwest, with a June 2022 report specifically noting 44 locations across seven states, all of which are franchised. The brand primarily operates on a delivery and carry-out business model, emphasizing authentic Italian flavors combined with modern operational efficiencies, positioning it within the highly competitive yet consistently in-demand Limited-Service Restaurants category. This specific focus on a streamlined operational model and a popular product within a multi-billion dollar total addressable market makes the Sarpino's franchise an important consideration for entrepreneurs seeking a structured opportunity, and this independent analysis aims to provide a data-dense evaluation, distinctly separate from marketing rhetoric.

The limited-service restaurant industry, particularly the pizza segment, constitutes a massive and dynamic component of the global food service economy, with the U.S. market alone generating hundreds of billions of dollars in annual revenue and exhibiting consistent growth rates driven by evolving consumer lifestyles. This robust market environment provides a fertile ground for franchise investment, attracting entrepreneurs due to its inherent resilience and high consumer frequency. Key consumer trends are profoundly shaping demand within this sector, including the pervasive shift towards digital ordering platforms, the widespread integration and acceptance of third-party delivery services, and an enduring preference for convenient carry-out options, all of which are core pillars of the Sarpino's Pizzeria business model. The increasing prevalence of remote work arrangements has further amplified the demand for readily available, high-quality meal solutions delivered directly to consumers, while continuous advancements in food preparation technology and sophisticated order management systems contribute to enhanced operational efficiencies across the industry. Sarpino's Pizzeria is exceptionally well-positioned to capitalize on these powerful secular tailwinds, given its foundational emphasis on a delivery and carry-out model, which inherently aligns with modern consumer dining preferences. The brand's commitment to delivering authentic Italian flavors resonates deeply with a broad demographic seeking both quality and convenience in their fast-casual dining experiences. While the pizza market is undeniably competitive, it remains highly fragmented, characterized by a diverse ecosystem of large national chains, strong regional players, and numerous independent pizzerias. This fragmentation, however, creates significant opportunities for well-structured and operationally sound franchise systems, such as the Sarpino's franchise, to strategically expand their market share through consistent brand messaging, rigorous operational excellence, and targeted geographic expansion strategies. Macroeconomic forces, including consumer disposable income levels, ongoing urbanization trends, and the continuous evolution of lifestyle patterns, collectively reinforce and sustain the demand for limited-service restaurant offerings, solidifying this industry as a perennially attractive sector for franchise investment due to its relative stability and broad consumer appeal.

Considering the financial commitment, the initial investment required for a Sarpino's franchise ranges from $125,000 to $394,550, a bracket that positions it as an accessible opportunity within the mid-tier segment of the limited-service restaurant franchise landscape. This investment range is influenced by several critical factors, including the specific real estate costs associated with a chosen location, the extent of the build-out required for a new Sarpino's Pizzeria unit versus the conversion of an existing space, prevailing local market conditions, and the specific equipment package necessary for full operational readiness. For instance, the lower end of the $125,000 investment might be indicative of smaller footprints, strategically located inline units, or opportunities to convert pre-existing restaurant spaces, thereby reducing initial construction costs. Conversely, the higher end of the $394,550 range suggests a more comprehensive new build-out, potentially for a larger operational setup in a prime market location, or the inclusion of more extensive technology and infrastructure. Many comparable food franchises within the broader quick-service restaurant sector often necessitate initial investments that can exceed $500,000, which underscores the relative accessibility of the Sarpino's franchise for entrepreneurs with moderate capital resources. The parent company, Sarpino's USA, headquartered in Lincolnshire, Illinois, and led by President David Chatkin, provides substantial corporate backing and a meticulously developed support system. This framework was significantly enhanced by Dmitry Shapiro following his acquisition of the U.S. operations in 2005, and it encompasses standardized operational protocols, robust cost controls, comprehensive marketing strategies, and extensive training programs, all designed to be instrumental for franchisee success. Franchise opportunities within this specific investment range are frequently eligible for Small Business Administration (SBA) financing, which can serve as a vital mechanism for facilitating capital access for qualified candidates, although precise details regarding SBA eligibility or any specific veteran incentives for the Sarpino's franchise are not explicitly outlined in the provided data.

The Sarpino's franchise operating model is meticulously designed around a high-efficiency delivery and carry-out business, which inherently streamlines daily operations for the franchisee and minimizes the need for extensive front-of-house staffing typically associated with traditional dine-in restaurants. This focused operational approach emphasizes efficient kitchen workflows for preparing authentic Italian flavors, optimized order processing systems, and a robust, well-managed delivery infrastructure, collectively resulting in a leaner and more agile operational footprint. Staffing requirements for a Sarpino's Pizzeria are precisely optimized for high-volume order fulfillment, encompassing skilled kitchen personnel for food preparation, a dedicated team of drivers for efficient delivery logistics, and attentive counter staff to manage carry-out orders, thereby allowing for a more focused and cost-effective labor model compared to full-service establishments. The core Sarpino's Pizzeria model is specifically engineered for delivery and carry-out, suggesting a standardized inline or strip-mall location type that is strategically chosen for optimal customer accessibility and maximum delivery radius. While specific details regarding alternative formats such as drive-thru, kiosk, or non-traditional locations are not provided, this consistency implies a proven and efficient store design that is easily replicable across various markets. The training program for the Sarpino's franchise is a cornerstone of its support system; Dmitry Shapiro, after purchasing Sarpino's U.S. operations in 2005, significantly developed and refined areas such as standardized operations and comprehensive training to provide robust support for franchisees. This indicates a well-structured program designed to equip new Sarpino's franchise owners with all the necessary skills, ranging from mastering the preparation of authentic Italian flavors to implementing modern operational efficiencies and managing cost controls effectively. Ongoing corporate support from Sarpino's USA, based in Lincolnshire, Illinois, extends to sophisticated marketing programs, efficient supply chain management to ensure the consistent quality of authentic Italian flavors, and continuous operational guidance through established best practices and rigorous cost controls. This centralized support system is absolutely critical for maintaining brand consistency, fostering operational excellence, and assisting Sarpino's franchise owners in successfully navigating various market challenges. The brand's current aggressive expansion phase, which includes signing four franchise agreements in 2022 to develop 10 new locations and an ambitious plan to open dozens more by the end of 2027, strongly suggests a structured territory allocation process. This process is carefully designed to ensure sufficient market penetration, minimize internal competition, and protect the significant investment made by each Sarpino's franchise owner. With franchising efforts particularly focused on high-growth areas like South Florida and Kansas City, complementing existing strong presences in Illinois, Michigan, Minnesota, Missouri, and Kansas, the brand is strategically targeting optimal market development. The signing of agreements for multiple new locations, such as the 10 units from four agreements, clearly indicates a strategic inclination towards multi-unit development, encouraging experienced operators to expand their portfolio with the Sarpino's franchise. The operational model is inherently conducive to both dedicated owner-operator engagement and, with strong management in place, potentially a semi-absentee ownership model, given its streamlined, delivery-centric operations.

For prospective Sarpinos franchise investors, it is important to note that Item 19 financial performance data, which typically details average unit revenues, median revenues, and profit margins, is not disclosed in the current Franchise Disclosure Document for Sarpino's Pizzeria. This means that a direct evaluation of unit-level financial performance based on FDD-provided figures is not possible. However, an in-depth analysis of the brand's historical growth trajectory and current market positioning can provide valuable surrogate insights into potential unit-level performance. Sarpino's began franchising in the U.S. in 2002 and demonstrated rapid early expansion, growing to nearly 20 American stores within just one year of its U.S. debut in January 2003 with its first location in Phoenix, Arizona. By 2013, Sarpino's USA had expanded its footprint to 47 stores across six states, and further accelerated its growth to 65 U.S. locations by the end of 2014, showcasing a period of significant and sustained expansion. At that time, the company articulated an ambitious goal of opening 350 stores within five years from 2014, reflecting a strong corporate belief in the scalability and inherent profitability of the Sarpino's franchise model. As of recent reports from 2022-2023, Sarpino's maintains approximately 45 U.S. franchises, or nearly 50 units, primarily concentrated across the Midwest, with a June 2022 report specifically identifying 44 locations across seven states, all of which are franchised. While the provided database data indicates 13 total units and 28 franchised units, this discrepancy suggests that the web research reflects a more current and comprehensive count for U.S. franchised operations, which is the primary focus for prospective U.S. investors. The aggressive expansion plans, including the signing of four franchise agreements in 2022 to develop 10 new locations and the strategic aim to open dozens of new Sarpino's USA locations by the end of 2027, with more than 25 additional units slated for opening over the next five years from April 2022, strongly imply a corporate conviction regarding the attractive profitability and robust unit economics of the Sarpino's franchise model. Franchisors typically do not pursue such ambitious growth strategies without substantial internal validation of their franchisees' ability to generate sufficient revenue and achieve desirable profit margins. Within the highly competitive limited-service pizza segment, successful delivery and carry-out models frequently achieve high transaction volumes and robust average order values, especially when supported by effective digital marketing and loyalty programs. Although specific Sarpinos franchise revenue figures are not explicitly disclosed, the brand's dedicated focus on authentic Italian flavors and its emphasis on operational efficiencies position it effectively to capture a significant share of this multi-billion dollar market. The FPI Score of 52 (Moderate) further suggests a balanced assessment of the brand's overall health and potential, derived from various operational and market-based factors, indicating a viable Sarpinos franchise opportunity.

The growth trajectory of Sarpino's Pizzeria illustrates distinct phases, beginning with its U.S. franchising launch in 2002 and its entry into the United States in January 2003 with its first location in Phoenix, Arizona. The brand experienced rapid early expansion, establishing nearly 20 American stores within just one year of its U.S. debut. This initial momentum continued, with Sarpino's USA growing to 47 stores across six states by 2013, and further accelerating to 65 U.S. locations by the end of 2014, demonstrating a period of robust and consistent unit growth. While recent reports (2022-2023) indicate approximately 45 U.S. franchises or nearly 50 units, this suggests a strategic recalibration or consolidation phase, followed by a renewed and aggressive expansion effort. In 2022, Sarpino's USA signed four significant franchise agreements, which are projected to develop 10 new locations in the coming years, marking a substantial re-acceleration of its growth strategy. The company has articulated an ambitious national franchise expansion plan, aiming to open dozens of new Sarpino's USA locations by the end of 2027, with a specific target of more than 25 additional units set to open over the next five years from April 2022. Furthermore, through the end of 2022, Sarpino's aimed for approximately 10 new franchise agreements and 6-8 new openings, indicating a strong and active development pipeline. The competitive moat for the Sarpino's franchise is primarily built upon its highly specialized delivery and carry-out business model, which is inherently designed to minimize operational overhead and maximize efficiency, thereby delivering superior unit economics. This operational advantage is synergized with a steadfast commitment to authentic Italian flavors, distinguishing the brand in a crowded market. Sarpino's benefits significantly from the standardized operations, rigorous cost controls, and comprehensive training programs that Dmitry Shapiro meticulously developed and implemented since purchasing the U.S. operations in 2005, ensuring a consistent and high-quality customer experience across all Sarpino's Pizzeria locations. The brand's concentrated Midwest-focused expansion strategy, with strong presences in Illinois and Michigan, and notable concentrations in Minnesota, Missouri, and Kansas, allows for highly efficient supply chain management, optimized marketing expenditures, and stronger brand recognition within established regional markets. Sarpino's Pizzeria is exceptionally well-adapted to current market conditions, with its intrinsic delivery and carry-out model perfectly aligning with evolving consumer preferences for increased digital ordering and convenient home delivery services. The brand's operational efficiencies further support seamless integration with advanced online platforms and third-party delivery services, ensuring its continued relevance and competitive edge within the dynamic limited-service restaurant category.

The ideal Sarpino's franchise candidate is typically an experienced entrepreneur possessing strong operational management skills, a nuanced understanding of local market dynamics, and an unwavering commitment to delivering exceptional customer service. While specific prior experience in the restaurant industry is certainly advantageous, the comprehensive training and robust support system meticulously developed by Sarpino's USA since 2005 suggests that individuals with a solid general business acumen and leadership capabilities can also achieve significant success. The brand's strong emphasis on standardized operations and rigorous cost controls implies a preference for candidates who are adept at executing a proven system with precision and consistency. The recent signing of four franchise agreements in 2022, specifically for the development of 10 new locations, clearly indicates a strategic preference for and active support of multi-unit operators. The Sarpino's franchise system is actively seeking individuals or investment groups interested in developing and managing multiple Sarpino's Pizzeria units within a defined geographic area, thereby capitalizing on crucial economies of scale and strategic market saturation. For available territories, Sarpino's Pizzeria is currently in an aggressive expansion phase, with particular franchising efforts strategically focused on high-growth markets such as South Florida and Kansas City. These new target markets are designed to complement and expand upon the brand's existing strong presence and concentrated Midwest-focused expansion strategy, which includes well-established concentrations in Illinois, Michigan, Minnesota, Missouri, and Kansas. This focused geographic approach allows for efficient market entry, streamlined logistical support, and optimized regional marketing. While the precise timeline from signing a Sarpino's franchise agreement to the grand opening of a new location is not explicitly detailed, it typically involves a multi-stage process encompassing site selection, comprehensive build-out or renovation, intensive franchisee training, and targeted pre-opening marketing activities, often ranging from 6 to 12 months for a limited-service restaurant concept. The specific term length of the Sarpino's franchise agreement and its renewal terms are not available, but details regarding transfer and resale considerations would be thoroughly outlined in the Franchise Disclosure Document, providing a clear framework for franchisees contemplating future exit strategies or portfolio adjustments.

The Sarpino's franchise presents a compelling investment opportunity within the resilient and expanding limited-service restaurant sector, specifically capitalizing on the robust and sustained demand for delivery and carry-out pizza. Founded in Canada in 2001 by Gerry Koutougos, with its international headquarters in Singapore under CEO Greg Blakney, and its U.S. operations led by President David Chatkin from Lincolnshire, Illinois, Sarpino's Pizzeria benefits from a well-established global and domestic infrastructure. The brand's aggressive expansion plans, aiming for dozens of new U.S. locations by the end of 2027 and committing to over 25 additional units within five years from April 2022, unequivocally signal strong corporate confidence in its scalable business model and attractive unit economics, even in the absence of Item 19 financial performance data disclosure. With an initial

FPI Score

52/100

SBA Default Rate

2.9%

Active Lenders

18

Key Highlights

Low SBA default rate (2.9%)

Data Insights

Key performance metrics for Sarpino's based on SBA lending data

SBA Default Rate

2.9%

1 of 35 loans charged off

SBA Loan Volume

35 loans

Across 18 lenders

Lender Diversity

18 lenders

Avg 1.9 loans per lender

Investment Tier

Mid-range investment

$125,000 – $394,550 total

Sarpino's: 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

2016

7 approvals. The best year on record for Sarpino's.

Top SBA State

Illinois

9 SBA-financed Sarpino's locations, the densest operator footprint.

Average Loan Size

$196K

Median $245K. Use as a sizing anchor when modeling your own $Sarpino's unit.

Lender Concentration

46.2%

Concentrated

Share of Sarpino's approvals captured by the top 3 SBA lenders.

Sarpino's's SBA lending pipeline peaked in 2016 (7 approvals). The last five fiscal years account for 3% of cumulative volume ($270K approved). Operator density is highest in Illinois with 9 SBA-financed locations. Average funded ticket sits at $196K, with the median at $245K. Lender mix is concentrated: the top three SBA lenders account for 46.2% of approvals. Credit decisions concentrate with a small group of incumbents.

Payment Estimator

Loan Amount$100K
Interest Rate9.5%
Term (Years)10 yr

Estimated Monthly Payment

$1,294

Principal & Interest only

Locations

Sarpino's, unit breakdown

Total Units
N/A
Franchisee Owned
System Owned
Closed

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