Start-Up Costs and Fees |
||
| Jet's Pizza | Larry's Giant Subs | |
| Investment | 437500 - 631000 | 136800 - 201900 |
| Franchise Fee | 0 | |
| Royalty Fee | 8%-10% | 6% |
| Advertising Fee | Up to 1% | |
| Year Founded | 1978 | 1982 |
| Year Franchised | 1990 | 1986 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Jet's Pizza | Larry's Giant Subs | |
| Experience | General business experience Customer service & management skills | Industry experience General business experience |
Financing Options |
||
| Jet's Pizza | Larry's Giant Subs | |
| Franchise Fees | No | No |
| Start-up Costs | No | No |
| Equipment | No | No |
| Inventory | No | No |
| Receivables | No | No |
| Payroll | No | No |
Training & Support |
||
| Jet's Pizza | Larry's Giant Subs | |
| Training | On-The-Job Training: 270 hours Classroom Training: 30 hours | |
| Support | Newsletter Meetings/Conventions Grand Opening Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform | Newsletter, Meetings, Toll-free phone line, Grand opening, Field operations/evaluations, Purchasing cooperatives |
| Marketing | Co-op Advertising Ad Templates Regional Advertising Social media SEO Website development Email marketing | Co-op advertising, Ad slicks, Regional advertising |
| 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) | 20% of all franchisees own more than one unit Number of employees needed to run franchised unit: 12 Absentee ownership of franchise is allowed. (98% of current franchisees are owner/operators) |
Expansion Plans |
||
| Jet's Pizza | Larry's Giant Subs | |
| 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 | |
| Larry's Giant Subs | |
| Franchise Fee | |
| Jet's Pizza | |
| Larry's Giant Subs | |
| Royalty Fee | |
| Jet's Pizza | 8%-10% |
| Larry's Giant Subs | 6% |
| Advertising Fee | |
| Jet's Pizza | Up to 1% |
| Larry's Giant Subs | |
| Year Founded | |
| Jet's Pizza | 1978 |
| Larry's Giant Subs | 1982 |
| Year Franchised | |
| Jet's Pizza | 1990 |
| Larry's Giant Subs | 1986 |
| Term Of Agreement | |
| Jet's Pizza | 10 years |
| Larry's Giant Subs | 10 years |
| Renewal Fee | |
| Jet's Pizza | $2K |
| Larry's Giant Subs | $1K |
Business Experience Requirements |
|
| Experience | |
| Jet's Pizza | General business experience Customer service & management skills |
| Larry's Giant Subs | Industry experience General business experience |
Financing Options |
|
| Franchise Fees | |
| Jet's Pizza | No |
| Larry's Giant Subs | No |
| Start-up Costs | |
| Jet's Pizza | |
| Larry's Giant Subs | |
| Equipment | |
| Jet's Pizza} | |
| Larry's Giant Subs | |
| Inventory | |
| Jet's Pizza | |
| Larry's Giant Subs | |
| Receivables | |
| Jet's Pizza | |
| Larry's Giant Subs | |
| Payroll | |
| Jet's Pizza | |
| Larry's Giant Subs | |
Training & Support |
|
| Training | |
| Jet's Pizza | On-The-Job Training: 270 hours Classroom Training: 30 hours |
| Larry's Giant Subs | |
| Support | |
| Jet's Pizza | Newsletter Meetings/Conventions Grand Opening Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform |
| Larry's Giant Subs | Newsletter, Meetings, Toll-free phone line, Grand opening, Field operations/evaluations, Purchasing cooperatives |
| Marketing | |
| Jet's Pizza | Co-op Advertising Ad Templates Regional Advertising Social media SEO Website development Email marketing |
| Larry's Giant Subs | Co-op advertising, Ad slicks, Regional advertising |
| 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) |
| Larry's Giant Subs | 20% of all franchisees own more than one unit Number of employees needed to run franchised unit: 12 Absentee ownership of franchise is allowed. (98% of current franchisees are owner/operators) |
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 |
| Larry's Giant Subs | |
| Canada Expansion | |
| Jet's Pizza | 0 |
| Larry's Giant Subs | |
| International Expansion | |
| Jet's Pizza | |
| Larry's Giant Subs | |