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Updated RecentlyLocos Grill & Pub vs Jet's Pizza Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Locos Grill & Pub vs Jet's Pizza including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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| Investment | $575,400 - $1,960,000 | $437,500 - $631,000 |
| Franchise Fee | $35,000 | $25,000 |
| Royalty Fee | 4% | 8%-10% |
| Advertising Fee | - | Up to 1% |
| Year Founded | 1988 | 1978 |
| Year Franchised | 1997 | 1990 |
| Term Of Agreement | 10 years | 10 years |
| Term Of Agreement | 10 years | 10 years |
| Renewal Fee | - | $2K |
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 | No/Yes |
| Start-up Costs | No/No | No/Yes |
| Equipment | No/No | No/Yes |
| Inventory | No/No | No/Yes |
| Receivables | No/No | No/Yes |
| Payroll | No/No | No/Yes |
Training & Support |
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| Training | - | On-The-Job Training: 270 hours Classroom Training: 30 hours |
| Support | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives | Newsletter Meetings/Conventions Grand Opening Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform |
| Marketing | Co-op advertising, Ad slicks, National media, Regional advertising | Co-op Advertising Ad Templates Regional Advertising Social media SEO Website development Email marketing |
| Operations |
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) |
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 |
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| US Expansion | Yes | Yes |
| Canada Expansion | No | No |
| International Expansion | No | No |
Company Overviews
About Locos Grill & Pub
A lot of us grow up dreaming maybe we could own our own business one day. And a lot of us think about how fun it could be if that business was a restaurant. What keeps us from executing that dream? Money?
Not knowing where to start? Not understanding what to do first, last and everything in between?
Stop dreaming and take action! Become an owner/operator of Locos Grill & Pub.
We will walk you through the entire process from site selection to design hiring and training a staff and be right beside you when you open and get comfortable being your own boss!
With 33 years of experience, why would you go anywhere else?We LOVE what we do and invite you to be a part of the hospitality industry that is the backbone of country
At Locos Grill & Pub, our goal is to provide each customer with a superior product, quality service and complete satisfaction. This philosophy also extends to our Franchise Owners. Locos Grill & Pub restaurant franchise offers a great opportunity for an investment, a career, or both.
As a Locos Franchise Owner you will benefit from being part of a brand that has exhibited steady growth and success in a wide range of markets. When you become a Locos Franchise Owner, you become part of our family and receive extensive support from an amazing organization. Locos Franchise Company is backed by a talented team of individuals with a broad range of experience in the restaurant and franchise industry. We provide a comprehensive 10-week training program prior to opening, as well as pre-opening and post-opening employee training and assistance.
A cornerstone of our concept is our on-going support program. We provide assistance to you 24 hours a day, 7 days a week. The Locos Grill & Pub management team has combined over 100 years of experience in the operation of successful restaurants and will provide on-going support to franchise restaurant owners.
About Jet's Pizza
Based in Sterling Heights, Michigan, Jet's Pizza was founded in 1978 and began franchising in 1990.
Jet’s Pizza® regularly receives “Best of the Best” and “Reader’s Choice” awards. Pizza Today magazine named Jet’s Pizza® as the eighteenth largest pizza chain in the nation in its “Top 100 Company” report (Pizza Today, 2010). Entrepreneur Magazine has consistently ranked Jet’s Pizza® as a “Top 500 Franchise,” opportunity (Entrepreneur, 2010). Jet’s Pizza® has rapidly risen through the ranks to become the twelfth largest pizza chain in the nation, by sales (PMQ, 2016), with over 400 locations and plans for rapid future growth. While the quality and taste of the food is number one for Jet’s Pizza®, there is also a simple belief throughout the company; “Pizza should be fun,” says John Jetts. “You’ll always have a smile on your face when you’re eating a Jet’s pizza®.” That fun attitude can be summed up in the company’s simple slogan says Jetts, “Life is short. Eat better pizza®. Let’s Get Jet’s®!”
That is something that Jet’s Pizza® is betting that people across the nation will agree with. They’ve found that it’s working so far.
Franchise Ranking History
Franchise 500: #132 (2014), #146 (2013), #136 (2012), #145 (2011), #207 (2010),
Fastest-Growing: #67 (2014), #82 (2012), #94 (2011)
Franchise 500: #132 (2014), #146 (2013), #136 (2012), #145 (2011), #207 (2010),
Fastest-Growing: #67 (2014), #82 (2012), #94 (2011)
Veteran Incentives 50% off franchise fee or area development fee
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#220 in Franchise 500 for 2020.
#340 in Franchise 500 for 2021.