D’Angelo Grilled Sandwiches

According to the 2024 FDD, the estimated initial investment ranges from $411,250 to $736,500. This includes the $30,000 initial franchise fee and costs such as leasehold improvements, equipment, signage, inventory, permits, training, insurance and working capital.

The actual investment depends on the restaurant’s size, location, condition and construction requirements. The FDD estimates three months of additional funds at $50,000–$75,000. Candidates should also account for potential cost changes since the 2024 filing.

The initial franchise fee for a single D’Angelo restaurant is $30,000. Franchisees pay a weekly royalty of 6% of Net Sales. The brand’s marketing contribution was listed at 3% of Net Sales in the 2024 FDD, with the franchisor retaining the right to increase it up to 5%.

Franchisees must also spend at least 1% of Net Sales on local marketing. The FDD estimates grand-opening marketing expenses of $15,000–$25,000. These recurring costs should be included in any financial projections.

The 2024 FDD reports 2023 Net Sales for 19 franchised restaurants that operated throughout the entire year. Average sales ranged from $596,752 in the lowest quartile to $1,128,050 in the highest quartile.

The weighted average across the 19 restaurants was approximately $837,052. This is a calculation based on the quartile averages reported in the FDD, not a separately published systemwide average. These figures represent sales, not profit: they do not account for rent, labor, food costs, royalties, marketing or other operating expenses.

D’Angelo’s current online store locator lists 89 locations across five New England states: Massachusetts, New Hampshire, Rhode Island, Connecticut and Maine. Massachusetts accounts for the largest share, with 56 listed restaurants.

For comparison, the 2024 FDD reported 63 total outlets at year-end 2023, including 22 franchised and 41 company-owned restaurants. The current locator count should not be interpreted as a franchise-only unit count or as a breakdown of ownership.

D’Angelo is part of New England Authentic Eats LLC (NEAE), the Massachusetts-based restaurant group that also owns Papa Gino’s Pizzeria. On November 9, 2026, an affiliate of Craveworthy Brands announced a definitive agreement to acquire NEAE.

The transaction is expected to close by December 31, 2026, subject to customary closing conditions. The announced acquisition covers more than 160 restaurants across the two brands. As of November 13, 2026, the deal has been announced but has not yet been confirmed as closed.