Start-Up Costs and Fees |
||
| Jet's Pizza | Runza Restaurants | |
| Investment | 437500 - 631000 | 1250000 - 2720000 |
| Franchise Fee | ||
| Royalty Fee | 8%-10% | 5% |
| Advertising Fee | Up to 1% | 1%+up to 4% locally |
| Year Founded | 1978 | 1949 |
| Year Franchised | 1990 | 1970 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Jet's Pizza | Runza Restaurants | |
| Experience | General business experience Customer service & management skills | |
Financing Options |
||
| Jet's Pizza | Runza Restaurants | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Jet's Pizza | Runza Restaurants | |
| 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 | |
| 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) | |
Expansion Plans |
||
| Jet's Pizza | Runza Restaurants | |
| 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 | |
| Runza Restaurants | |
| Franchise Fee | |
| Jet's Pizza | |
| Runza Restaurants | |
| Royalty Fee | |
| Jet's Pizza | 8%-10% |
| Runza Restaurants | 5% |
| Advertising Fee | |
| Jet's Pizza | Up to 1% |
| Runza Restaurants | 1%+up to 4% locally |
| Year Founded | |
| Jet's Pizza | 1978 |
| Runza Restaurants | 1949 |
| Year Franchised | |
| Jet's Pizza | 1990 |
| Runza Restaurants | 1970 |
| Term Of Agreement | |
| Jet's Pizza | 10 years |
| Runza Restaurants | 10 years |
| Renewal Fee | |
| Jet's Pizza | $2K |
| Runza Restaurants | $5,000 |
Business Experience Requirements |
|
| Experience | |
| Jet's Pizza | General business experience Customer service & management skills |
| Runza Restaurants | |
Financing Options |
|
| Franchise Fees | |
| Jet's Pizza | No |
| Runza Restaurants | No |
| Start-up Costs | |
| Jet's Pizza | |
| Runza Restaurants | |
| Equipment | |
| Jet's Pizza} | |
| Runza Restaurants | |
| Inventory | |
| Jet's Pizza | |
| Runza Restaurants | |
| Receivables | |
| Jet's Pizza | |
| Runza Restaurants | |
| Payroll | |
| Jet's Pizza | |
| Runza Restaurants | |
Training & Support |
|
| Training | |
| Jet's Pizza | On-The-Job Training: 270 hours Classroom Training: 30 hours |
| Runza Restaurants | |
| Support | |
| Jet's Pizza | Newsletter Meetings/Conventions Grand Opening Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform |
| Runza Restaurants | |
| Marketing | |
| Jet's Pizza | Co-op Advertising Ad Templates Regional Advertising Social media SEO Website development Email marketing |
| Runza Restaurants | |
| 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) |
| Runza Restaurants | |
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 |
| Runza Restaurants | |
| Canada Expansion | |
| Jet's Pizza | 0 |
| Runza Restaurants | |
| International Expansion | |
| Jet's Pizza | |
| Runza Restaurants | |