Pie Five Restaurants franchise: cost, fees and total investment
Short answer: The Pie Five Restaurants franchise fee is $30,000 to $40,000 and the total initial investment ranges from $392,500 to $891,000, with about $105,000 in liquid cash required, based on franchise disclosure data compiled in October 2026. Confirm current figures in Items 5 and 7 of the Pie Five Restaurants FDD.
What are the Pie Five Restaurants franchise fees and investment?
The Pie Five Restaurants franchise requires a franchise fee of $30,000 to $40,000 and a total initial investment of $392,500 to $891,000. The franchise fee is one line inside the total investment, which also covers location, equipment, opening inventory and working capital.
| Franchise fee (FDD Item 5) | $30,000 to $40,000 |
|---|---|
| Total initial investment (FDD Item 7) | $392,500 to $891,000 |
| Minimum liquid cash | $105,000 |
| US locations | 58 |
| Industry | Food & Restaurant (Fast Casual) |
| Headquarters | The Colony, Texas |
| Founded | 2011 |
| Franchising since | 2011 |
How does the Pie Five Restaurants investment compare with other food & restaurant franchises?
Pie Five Restaurants's minimum investment of $392,500 is above the median minimum investment of $297,082 across the 1213 food & restaurant franchises in the SelectFranchiseList database. 455 of the other 1211 brands in this industry start at a higher investment. Its franchise fee starting at $30,000 compares with an industry median of $35,000.
By minimum investment, Pie Five Restaurants belongs with franchises from $250,000 to $500,000.
What should you verify in the Pie Five Restaurants FDD?
Verify six parts of the Pie Five Restaurants Franchise Disclosure Document before you sign, because figures change with every annual FDD:
- Item 5 and Item 6: the current franchise fee, royalty, marketing fund and technology fees.
- Item 7: the full investment range by expense line, including working capital.
- Item 19: whether Pie Five Restaurants discloses financial performance data, and which units it covers.
- Item 20: openings, closures and transfers, plus contacts for current and former franchisees.
- Item 21: the franchisor's audited financial statements.
- Item 12: whether your territory is protected.
The full list of Items is in the FDD guide. You must receive the FDD at least 14 calendar days before you sign a binding agreement or pay any money.
Which franchises are similar to Pie Five Restaurants?
These food & restaurant franchises have the closest minimum investment to Pie Five Restaurants:
| Franchise | Franchise fee | Total investment |
|---|---|---|
| Carvel | $30,500 | $392,375 to $785,850 |
| Krak Boba | $49,500 | $392,800 to $1,103,000 |
| BHC Chicken | $40,000 | $391,838 to $805,188 |
| Wendys | $0 | $393,191 to $2,992,000 |
| Pretzelmaker | $25,000 | $391,500 to $573,000 |
See every brand in food & restaurant franchises.
Frequently asked questions
How much does a Pie Five Restaurants franchise cost?
The total initial investment for a Pie Five Restaurants franchise ranges from $392,500 to $891,000, including a franchise fee of $30,000 to $40,000, according to franchise disclosure data compiled in October 2026. The exact amount depends on location, build-out and working capital, as shown in Item 7 of the FDD.
How much cash do you need to open a Pie Five Restaurants franchise?
Pie Five Restaurants lists a minimum of about $105,000 in liquid cash. Lenders usually finance part of the remaining investment, and the franchisor confirms its capital requirements during qualification.
How many Pie Five Restaurants locations are there?
Pie Five Restaurants reported 58 US locations in the data compiled in October 2026. Item 20 of the FDD shows openings, closures and transfers for the last three years.
How long has Pie Five Restaurants been franchising?
Pie Five Restaurants started offering franchises in 2011 after the company was founded in 2011.
Figures are compiled from franchise disclosure data and public franchise listings as of October 2026 and may have changed. Pie Five Restaurants and its trademarks belong to their owner; SelectFranchiseList is not affiliated with or endorsed by Pie Five Restaurants. This page is not an offer to sell a franchise. Only the franchisor's current FDD is authoritative.