Start-Up Costs and Fees |
||
| My Friend's Place | Jet's Pizza | |
| Investment | 156650 - 260400 | 437500 - 631000 |
| Franchise Fee | ||
| Royalty Fee | 5% | 8%-10% |
| Advertising Fee | 1% | Up to 1% |
| Year Founded | 1980 | 1978 |
| Year Franchised | 1980 | 1990 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| My Friend's Place | Jet's Pizza | |
| Experience | General business experience Customer service & management skills | |
Financing Options |
||
| My Friend's Place | Jet's Pizza | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| My Friend's Place | Jet's Pizza | |
| Training | 1. Headquarters 12 Business Days 2. Franchisee Site 12 Business Days | On-The-Job Training: 270 hours Classroom Training: 30 hours |
| Support | Field Operation Evaluation Field Training: At Additional Cost Initial Store Opening Inventory Control: At Additional Cost | 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 | Average Number of Employees: 2 Full-time, 2 Part-time Passive Ownership: Not Allowed | 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 |
||
| My Friend's Place | Jet's Pizza | |
| US Expansion | Alabama, Florida, Georgia, Indiana, South Carolina, Texas | 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 | |
| My Friend's Place | |
| Jet's Pizza | |
| Franchise Fee | |
| My Friend's Place | |
| Jet's Pizza | |
| Royalty Fee | |
| My Friend's Place | 5% |
| Jet's Pizza | 8%-10% |
| Advertising Fee | |
| My Friend's Place | 1% |
| Jet's Pizza | Up to 1% |
| Year Founded | |
| My Friend's Place | 1980 |
| Jet's Pizza | 1978 |
| Year Franchised | |
| My Friend's Place | 1980 |
| Jet's Pizza | 1990 |
| Term Of Agreement | |
| My Friend's Place | |
| Jet's Pizza | 10 years |
| Renewal Fee | |
| My Friend's Place | |
| Jet's Pizza | $2K |
Business Experience Requirements |
|
| Experience | |
| My Friend's Place | |
| Jet's Pizza | General business experience Customer service & management skills |
Financing Options |
|
| Franchise Fees | |
| My Friend's Place | |
| Jet's Pizza | |
| Start-up Costs | |
| My Friend's Place | |
| Jet's Pizza | |
| Equipment | |
| My Friend's Place} | |
| Jet's Pizza | |
| Inventory | |
| My Friend's Place | |
| Jet's Pizza | |
| Receivables | |
| My Friend's Place | |
| Jet's Pizza | |
| Payroll | |
| My Friend's Place | |
| Jet's Pizza | |
Training & Support |
|
| Training | |
| My Friend's Place | 1. Headquarters 12 Business Days 2. Franchisee Site 12 Business Days |
| Jet's Pizza | On-The-Job Training: 270 hours Classroom Training: 30 hours |
| Support | |
| My Friend's Place | Field Operation Evaluation Field Training: At Additional Cost Initial Store Opening Inventory Control: At Additional Cost |
| Jet's Pizza | Newsletter Meetings/Conventions Grand Opening Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform |
| Marketing | |
| My Friend's Place | |
| Jet's Pizza | Co-op Advertising Ad Templates Regional Advertising Social media SEO Website development Email marketing |
| Operations | |
| My Friend's Place | Average Number of Employees: 2 Full-time, 2 Part-time Passive Ownership: Not Allowed |
| 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) |
Expansion Plans |
|
| US Expansion | |
| My Friend's Place | Alabama, Florida, Georgia, Indiana, South Carolina, Texas |
| 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 |
| Canada Expansion | |
| My Friend's Place | |
| Jet's Pizza | 0 |
| International Expansion | |
| My Friend's Place | |
| Jet's Pizza | |