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Below is an in-depth analysis and side-by-side comparison of Rita's vs Jake's Over the Top including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $15,100 - $435,000 | $150,000 - $350,000 |
Franchise Fee | $10,000 - $30,000 | $29,000 - $40,000 |
Royalty Fee | 6.5% | 5% |
Advertising Fee | 3% | 3% |
Year Founded | 1984 | 1978 |
Year Franchised | 1989 | 1978 |
Term Of Agreement | 10 years | - |
Term Of Agreement | 10 years | - |
Renewal Fee | 50% of current franchise fee | - |
Business Experience Requirements |
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Experience | - | - |
Financing Options |
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In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | No/No | -/- |
Start-up Costs | No/Yes | -/- |
Equipment | No/Yes | -/- |
Inventory | No/No | -/- |
Receivables | No/No | -/- |
Payroll | No/No | -/- |
Training & Support |
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Training | 5 days at Cool University and 4 days on site | - |
Support | Cool Support Center, newsletter, meetings, toll-free phone line, grand opening, security/safety procedures, field operations/evaluations | - |
Marketing | Ad slicks, National media, Regional advertising | - |
Operations |
50% of all franchisees own more than one unit Number of employees needed to run franchised unit: average 2 full-time, 15 part-time | - |
Expansion Plans |
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US Expansion | Yes | - |
Canada Expansion | No | - |
International Expansion | No | - |
Now seeking motivated, outgoing individuals looking to franchise and become a part of a fast growing community. We offer a winning combination of food brands that include The Taco Maker, Jake's Over the Top, and Mayan Juice - all available as part of the same outlet. We have locations in a variety of outlet types, with design formats to meet almost every need. Our facilities are designed to reflect specific motifs with state-of-the-art materials and equipment. All of this sets us apart from the competition. The creation of fine foods starts with kitchen and production lines that are clean and organized in such a way as to encourage efficiency and minimize waste. Franchise Opportunities are Available! The diversity of our multiple-brand outlets makes them the most successful opportunities available. Single-concept outlets are available when restrictive elements exist because of covenants or prior exclusivity on competing products. We have the ability to go into spaces from 400 square feet to 3500 square feet in traditional freestanding units, convenience stores, shopping malls, food courts, airports, and in-line strip centers, all of which have all proven their success.