Established
1965
Franchise Units
11
Minimum Investment
$500,000
Franchise Fee
$30,000
Total Investment Range
$900,000
Home Based
No
Description
Red's Savoy Pizza is a legacy pizza brand with deep roots in American comfort food culture. Known for its signature thin crust, generous toppings, and unmistakable “square-cut” style, the brand has built a fiercely loyal customer base over decades. Red’s Savoy Pizza blends old-school recipes with modern franchise systems, creating a compelling opportunity for entrepreneurs seeking a proven, community-loved restaurant concept.
Positioned in the competitive but resilient pizza segment, Red’s Savoy Pizza stands out for its authenticity, consistency, and Midwest heritage. The brand appeals to families, sports fans, late-night diners, and takeout-focused customers—making it well-suited for suburban neighborhoods, urban markets, and high-density delivery zones. With strong brand recall in its core markets and growing interest nationwide, Red’s Savoy Pizza offers franchisees the chance to scale a recognizable name with repeat-driven demand.
Why Invest in This Franchise?
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Proven Brand Legacy – Decades of operational history with a loyal customer following
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High-Demand Category – Pizza remains one of the most consumed and delivery-friendly food segments in the U.S.
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Strong Unit Economics – Simple menu, efficient kitchens, and strong average ticket sizes
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Takeout & Delivery Focus – Optimized for off-premise dining, third-party platforms, and digital ordering
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Scalable Model – Ideal for single-unit owners and multi-unit operators
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Community-Driven Appeal – Neighborhood positioning creates long-term customer loyalty
Background
Established Year: 1965
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Founders: Earl “Red” Schoenfeld
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Origin: Minneapolis, Minnesota
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Industry Category: Quick Service Restaurant (QSR) / Pizza Franchise
Red’s Savoy Pizza began as a single neighborhood pizzeria in Minneapolis and quickly gained popularity for its bold flavors and distinctive crust. Over the years, the brand expanded organically, becoming a household name in Minnesota and surrounding regions. Its reputation was built on consistency, generous portions, and a no-compromise approach to quality.
Today, Red’s Savoy Pizza operates 11+ locations across the United States, with a strong footprint in the Midwest and growing interest in new markets. The brand is backed by experienced leadership focused on controlled growth, franchisee profitability, and brand integrity. Its journey reflects a balance of tradition and modern franchising—protecting what made the brand famous while adopting contemporary systems for scale.
Support Training
Red’s Savoy Pizza offers a comprehensive, hands-on support system designed to guide franchisees from site selection to long-term operations.
Pre-Launch Support
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Market and territory evaluation
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Site selection guidance and lease negotiation support
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Restaurant layout, kitchen design, and equipment specifications
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Vendor sourcing and supply chain setup
Training Program
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In-depth initial training covering operations, food preparation, and quality standards
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POS systems, inventory management, and cost control training
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Staff hiring, onboarding, and labor optimization
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Food safety, compliance, and operational best practices
Marketing & Brand Support
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Grand opening marketing strategy and launch campaigns
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Ongoing brand-level advertising and promotional support
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Digital marketing guidance, including online ordering and delivery integration
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Access to proven local store marketing playbooks
Ongoing Support
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Dedicated franchise support team
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Operational audits and performance coaching
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Menu updates, product innovation, and pricing strategy support
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Continuous training resources and franchise network collaboration
Ideal Candidate
Red’s Savoy Pizza is best suited for driven operators who value systems, consistency, and community engagement.
Ideal candidates typically have:
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Restaurant, retail, or multi-unit business experience (preferred but not mandatory)
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Strong leadership and people-management skills
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Hands-on operational mindset or the ability to manage experienced teams
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Commitment to brand standards and customer experience
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Financial capability to meet investment and working capital requirements
Location Preferences:
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Suburban and urban neighborhoods
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Strong residential density with delivery demand
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Areas with limited competition for premium pizza concepts
This franchise is well-matched for owner-operators, restaurant veterans, and investors looking to build multi-unit portfolios in the QSR space.
Financial Detail
| Investment Category | Estimated Amount (USD) |
|---|---|
| Total Initial Investment | $500,000 – $900,000 |
| Minimum Investment Required | ~$500,000 |
| Franchise Fee | ~$30,000 |
| Infrastructure & Build-Out | $250,000 – $450,000 |
| Equipment & Fixtures | $120,000 – $200,000 |
| Initial Marketing Budget | $15,000 – $30,000 |
| Working Capital | $50,000 – $100,000 |
| Royalty Fee | ~6% of gross sales |
| Marketing Fund Contribution | ~2% of gross sales |
