Pizza Pizza
Pizza Pizza is a Canadian quick-service pizza restaurant franchise founded in 1967 and headquartered in Toronto. Operating under Pizza Pizza Royalty Corp. on the TSX, it runs the Pizza Pizza and Pizza 73 brands across Canada, collecting royalties from franchisees and distributing monthly dividends to shareholders.
- Company typePublic
- Founded1967
- HeadquartersToronto, Canada
- Headcount1,001–5,000
- GTM typeB2C
- OfferingServices
What Pizza Pizza does
Pizza Pizza is a Canadian quick-service restaurant brand founded in 1967 and headquartered in Toronto, Canada. The company operates as Pizza Pizza Royalty Corp., a publicly traded entity on the TSX (ticker PZA:CA) that functions as a royalty income vehicle rather than a direct restaurant operator. The business runs a dual-brand franchise platform comprising the legacy Pizza Pizza brand and the Pizza 73 brand, which together form the underlying royalty-generating system. Franchisees operate dine-in, takeout, walk-in, pickup, and delivery locations across Canada.
Pizza Pizza Royalty Corp earns revenue through a royalty pool structure: franchisees pay royalties calculated on system-wide sales, and the corporation passes the resulting cash flow to shareholders via monthly dividends. In Q1 fiscal 2026 (ended March 31, 2026), the company reported royalty pool system sales of CAD 145.8 million and royalty income of CAD 9.4 million. Same-store sales declined 4.1% year-over-year on weak consumer confidence and reduced traffic, and the monthly dividend of CAD 0.2325 per share resulted in a 134% payout ratio. The company is responding with value-focused menu initiatives aimed at driving walk-in and pickup volume across the franchise system.
The customer base is individual consumers and families seeking convenient, affordable quick-service pizza, with no enterprise or B2B channel disclosed. The company has 1,001-5,000 employees and operates exclusively in the Canadian market, with no disclosed international footprint. No digital platform, app, or proprietary technology stack is described in the source data.
Pizza Pizza firmographics
Firmographics- Name
- Pizza Pizza
- Legal name
- Pizza Pizza Royalty Corp.
- Website
- https://pizzapizza.ca
- Company type
- Public
- Founded year
- 1967
- Operating status
- Operating
- Headcount range
- 1,001–5,000 employees
- Short description
- Pizza Pizza is a Canadian quick-service pizza restaurant franchise founded in 1967 and headquartered in Toronto. Operating under Pizza Pizza Royalty Corp. on the TSX, it runs the Pizza Pizza and Pizza 73 brands across Canada, collecting royalties from franchisees and distributing monthly dividends to shareholders.
- Ownership category
- akta.pro rank
Pizza Pizza industry classification
Industry- Product category
- Quick-Service Restaurant (Pizza)
- NAICS
- Accommodation and Food Services (72)
- SIC
- Retail-Eating Places (5812), Retail-Eating & Drinking Places (5810)
- akta.pro primary industry
- Pizza QSR (THAFAAAB)
Keywords
Where Pizza Pizza is headquartered
LocationHeadquarters
- HQ city
- Toronto
- HQ country
- Canada
- HQ region
- North America
Markets served
Pizza Pizza business model
Business model- GTM type
- B2C
- Offering type
- Services
- Cost components
- Supply Chain, Operations, Personnel, Marketing or Sales
Revenue model
- Franchise Royalty Income: Pizza Pizza Royalty Corp. generates revenue through a royalty system where franchisees pay royalties based on system-wide sales. The company reported royalty income of CAD 9.4 million from royalty pool system sales of CAD 145.8 million in Q1 fiscal 2026 ended March 31. The royalty structure is tied to same-store sales performance across both Pizza Pizza and Pizza 73 brands.
Distribution channels1 record
Pizza Pizza product offering
Product offeringCore offering
Pizza Pizza Royalty Corp. operates a dual-brand quick-service restaurant franchise system comprising the Pizza Pizza and Pizza 73 brands. The company earns royalty income from franchisees based on system-wide sales of pizza, wings, sides, and related menu items sold through dine-in, walk-in, pickup, and delivery channels across Canadian locations.
Product overview
Pizza Pizza Royalty Corp. operates a dual-brand quick-service restaurant (QSR) platform consisting of Pizza Pizza and Pizza 73 brands. The company operates under a royalty pool system where franchisees pay royalties based on system-wide sales. The two brands serve dine-in, walk-in, pickup, and delivery customers with value-focused menu offerings.
Differentiator
Problem solved
Functional benefit
Products and services
- Pizza Pizza Restaurant Brand
Companies that use Pizza Pizza
Customer profileSegments1 record
Ideal customer profiles1 record
Pizza Pizza technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Pizza Pizza partnerships and signals
Strategic signalScale indicators5 records
Expansion highlights2 records
Pizza Pizza competitors and assessment
Company assessmentDirect peers
- Papa John's Canada: Direct competitor in Canadian QSR pizza with similar franchise-operated delivery and carryout model, targeting the same value-conscious consumer occasion as Pizza Pizza.
- Domino's Pizza Canada: Direct competitor operating a franchise-based QSR pizza delivery and takeout model across Canada, overlapping with Pizza Pizza in product, customer base, and channel mix.
- Pizza Hut Canada: Direct competitor in the Canadian QSR pizza segment with dine-in, takeout, and delivery offerings, closely comparable to Pizza Pizza's restaurant and delivery formats.
- Little Caesars: Global QSR pizza chain with Canadian presence, competing on value-priced carryout pizza — directly comparable to Pizza Pizza's value-focused QSR positioning.
Broad incumbents
- Yum! Brands: Parent of Pizza Hut, KFC, and Taco Bell with global QSR franchise operations; comparable as a large-scale QSR franchisor whose franchise royalty economics and consumer-trend exposure mirror Pizza Pizza Royalty Corp.
- MTY Food Group: Canadian franchisor of multiple QSR and casual dining brands, comparable to Pizza Pizza Royalty Corp. as a Canadian royalty/franchise income vehicle exposed to similar consumer dynamics.
- Restaurant Brands International: Owner of Tim Hortons, Burger King, and other QSR brands with major Canadian exposure; comparable as a publicly traded QSR royalty/franchise platform serving similar consumer occasions.
Regional players
- 241 Pizza: Canadian franchise-based QSR pizza chain with dine-in, takeout, and delivery offerings, directly comparable in format and target customer to Pizza Pizza's locations.
- Pizza Nova: Toronto-headquartered regional QSR pizza chain serving the Greater Toronto Area, comparable as a regionally focused Canadian pizza brand competing in the same Ontario market as Pizza Pizza.
- Boston Pizza: Canadian-based restaurant chain operating a sit-down casual dining plus sports bar model with pizza as a key menu category, providing an adjacent comparable for Pizza Pizza's dine-in traffic dynamics.
Market position
Strengths3 records
Weaknesses4 records
Competitive moat3 records
Key risks5 records
Key highlights5 records
Customer concentration
Pizza Pizza social profiles
Digital presencePizza Pizza financial estimates
Financial estimateRevenue estimate
Valuation estimate
Pizza Pizza leadership team
Management profileNumber of profiles
Pizza Pizza subsidiaries and ownership
Company hierarchySubsidiaries1 record
Pizza Pizza funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Pizza Pizza M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Pizza Pizza
What does Pizza Pizza do?
Pizza Pizza Royalty Corp. operates a dual-brand quick-service restaurant franchise system comprising the Pizza Pizza and Pizza 73 brands. The company earns royalty income from franchisees based on system-wide sales of pizza, wings, sides, and related menu items sold through dine-in, walk-in, pickup, and delivery channels across Canadian locations.
Is Pizza Pizza a public or private company?
Pizza Pizza is a public company. It is classified as public and is currently operating.
When was Pizza Pizza founded?
Pizza Pizza was founded in 1967. It employs 1,001 to 5,000 people.
Where is Pizza Pizza based?
Pizza Pizza is headquartered in Toronto, Canada, in the North America region.
How does Pizza Pizza make money?
One revenue line is on record: franchise Royalty Income.
Who are Pizza Pizza's main competitors?
Direct peers on record are Papa John's Canada, Domino's Pizza Canada, Pizza Hut Canada and Little Caesars. Broad incumbents are Yum! Brands, MTY Food Group and Restaurant Brands International. Regional players are 241 Pizza, Pizza Nova and Boston Pizza.
Does Pizza Pizza have an API?
No public API is recorded for Pizza Pizza.
What industry is Pizza Pizza in?
Pizza Pizza's product category is Quick-Service Restaurant (Pizza). Its primary akta.pro industry code is THAFAAAB, Pizza QSR. Its NAICS code is 72 and its SIC code is 5812.