Start-Up Costs and Fees |
||
| Jet's Pizza | 5 Buck Pizza | |
| Investment | 437500 - 631000 | 130000 - 181750 |
| Franchise Fee | ||
| Royalty Fee | 8%-10% | 5% |
| Advertising Fee | Up to 1% | 3% |
| Year Founded | 1978 | 1987 |
| Year Franchised | 1990 | 2008 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Jet's Pizza | 5 Buck Pizza | |
| Experience | General business experience Customer service & management skills | |
Financing Options |
||
| Jet's Pizza | 5 Buck Pizza | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Jet's Pizza | 5 Buck Pizza | |
| Training | On-The-Job Training: 270 hours Classroom Training: 30 hours | We provide you an initial training program that covers material aspects of the operation of the franchised restaurant. The topics covered are listed in the chart below. This training is offered on an as needed basis at our headquarters in Orem, Utah, or another location we designate. You must designate a manger for the franchised restaurant and he or she must satisfactorily complete the initial training approximately 8 weeks before the opening of the franchised restaurant. One assistant of your choosing may also attend at your option. |
| Support | Newsletter Meetings/Conventions Grand Opening Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform | |
| Marketing | Co-op Advertising Ad Templates Regional Advertising Social media SEO Website development Email marketing | |
| Operations | International franchisees required to buy multiple units/master licenses; 0% of all franchisees own more than one unit Number of employees needed to run franchised unit: 15 Absentee ownership of franchise is NOT allowed. (99% of current franchisees are owner/operators) | Detailed business operations are covered in the 5 Buck Pizza Operations Manual |
Expansion Plans |
||
| Jet's Pizza | 5 Buck Pizza | |
| US Expansion | Nationwide, Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Guam, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming | |
| Canada Expansion | 0 | |
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Jet's Pizza | |
| 5 Buck Pizza | |
| Franchise Fee | |
| Jet's Pizza | |
| 5 Buck Pizza | |
| Royalty Fee | |
| Jet's Pizza | 8%-10% |
| 5 Buck Pizza | 5% |
| Advertising Fee | |
| Jet's Pizza | Up to 1% |
| 5 Buck Pizza | 3% |
| Year Founded | |
| Jet's Pizza | 1978 |
| 5 Buck Pizza | 1987 |
| Year Franchised | |
| Jet's Pizza | 1990 |
| 5 Buck Pizza | 2008 |
| Term Of Agreement | |
| Jet's Pizza | 10 years |
| 5 Buck Pizza | 10 years |
| Renewal Fee | |
| Jet's Pizza | $2K |
| 5 Buck Pizza | 20% of current franchise fee |
Business Experience Requirements |
|
| Experience | |
| Jet's Pizza | General business experience Customer service & management skills |
| 5 Buck Pizza | |
Financing Options |
|
| Franchise Fees | |
| Jet's Pizza | No |
| 5 Buck Pizza | No |
| Start-up Costs | |
| Jet's Pizza | |
| 5 Buck Pizza | |
| Equipment | |
| Jet's Pizza} | |
| 5 Buck Pizza | |
| Inventory | |
| Jet's Pizza | |
| 5 Buck Pizza | |
| Receivables | |
| Jet's Pizza | |
| 5 Buck Pizza | |
| Payroll | |
| Jet's Pizza | |
| 5 Buck Pizza | |
Training & Support |
|
| Training | |
| Jet's Pizza | On-The-Job Training: 270 hours Classroom Training: 30 hours |
| 5 Buck Pizza | We provide you an initial training program that covers material aspects of the operation of the franchised restaurant. The topics covered are listed in the chart below. This training is offered on an as needed basis at our headquarters in Orem, Utah, or another location we designate. You must designate a manger for the franchised restaurant and he or she must satisfactorily complete the initial training approximately 8 weeks before the opening of the franchised restaurant. One assistant of your choosing may also attend at your option. |
| Support | |
| Jet's Pizza | Newsletter Meetings/Conventions Grand Opening Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform |
| 5 Buck Pizza | |
| Marketing | |
| Jet's Pizza | Co-op Advertising Ad Templates Regional Advertising Social media SEO Website development Email marketing |
| 5 Buck Pizza | |
| Operations | |
| Jet's Pizza | International franchisees required to buy multiple units/master licenses; 0% of all franchisees own more than one unit Number of employees needed to run franchised unit: 15 Absentee ownership of franchise is NOT allowed. (99% of current franchisees are owner/operators) |
| 5 Buck Pizza | Detailed business operations are covered in the 5 Buck Pizza Operations Manual |
Expansion Plans |
|
| US Expansion | |
| Jet's Pizza | Nationwide, Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Guam, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming |
| 5 Buck Pizza | |
| Canada Expansion | |
| Jet's Pizza | 0 |
| 5 Buck Pizza | |
| International Expansion | |
| Jet's Pizza | |
| 5 Buck Pizza | |