Start-Up Costs and Fees |
||
| Jet's Pizza | Locos Grill & Pub | |
| Investment | 437500 - 631000 | 575400 - 1960000 |
| Franchise Fee | 0 | |
| Royalty Fee | 8%-10% | 4% |
| Advertising Fee | Up to 1% | |
| Year Founded | 1978 | 1988 |
| Year Franchised | 1990 | 1997 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Jet's Pizza | Locos Grill & Pub | |
| Experience | General business experience Customer service & management skills | Customer service skills |
Financing Options |
||
| Jet's Pizza | Locos Grill & Pub | |
| 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 | Locos Grill & Pub | |
| 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, Internet, Security/safety procedures, 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, National media, 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: 40 Absentee ownership of franchise is allowed. (100% of current franchisees are owner/operators) |
Expansion Plans |
||
| Jet's Pizza | Locos Grill & Pub | |
| 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 | Alabama, Florida, Georgia, North Carolina, South Carolina, Tennessee, |
| Canada Expansion | 0 | |
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Jet's Pizza | |
| Locos Grill & Pub | |
| Franchise Fee | |
| Jet's Pizza | |
| Locos Grill & Pub | |
| Royalty Fee | |
| Jet's Pizza | 8%-10% |
| Locos Grill & Pub | 4% |
| Advertising Fee | |
| Jet's Pizza | Up to 1% |
| Locos Grill & Pub | |
| Year Founded | |
| Jet's Pizza | 1978 |
| Locos Grill & Pub | 1988 |
| Year Franchised | |
| Jet's Pizza | 1990 |
| Locos Grill & Pub | 1997 |
| Term Of Agreement | |
| Jet's Pizza | 10 years |
| Locos Grill & Pub | 10 years |
| Renewal Fee | |
| Jet's Pizza | $2K |
| Locos Grill & Pub | |
Business Experience Requirements |
|
| Experience | |
| Jet's Pizza | General business experience Customer service & management skills |
| Locos Grill & Pub | Customer service skills |
Financing Options |
|
| Franchise Fees | |
| Jet's Pizza | No |
| Locos Grill & Pub | No |
| Start-up Costs | |
| Jet's Pizza | |
| Locos Grill & Pub | |
| Equipment | |
| Jet's Pizza} | |
| Locos Grill & Pub | |
| Inventory | |
| Jet's Pizza | |
| Locos Grill & Pub | |
| Receivables | |
| Jet's Pizza | |
| Locos Grill & Pub | |
| Payroll | |
| Jet's Pizza | |
| Locos Grill & Pub | |
Training & Support |
|
| Training | |
| Jet's Pizza | On-The-Job Training: 270 hours Classroom Training: 30 hours |
| Locos Grill & Pub | |
| Support | |
| Jet's Pizza | Newsletter Meetings/Conventions Grand Opening Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform |
| Locos Grill & Pub | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives |
| Marketing | |
| Jet's Pizza | Co-op Advertising Ad Templates Regional Advertising Social media SEO Website development Email marketing |
| Locos Grill & Pub | Co-op advertising, Ad slicks, National media, 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) |
| Locos Grill & Pub | 20% of all franchisees own more than one unit Number of employees needed to run franchised unit: 40 Absentee ownership of franchise is allowed. (100% 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 |
| Locos Grill & Pub | Alabama, Florida, Georgia, North Carolina, South Carolina, Tennessee, |
| Canada Expansion | |
| Jet's Pizza | 0 |
| Locos Grill & Pub | |
| International Expansion | |
| Jet's Pizza | |
| Locos Grill & Pub | |