Domino's Pizza vs Happy Joe's Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Domino's Pizza vs Happy Joe's including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees
 
Domino's Pizza Franchise
Happy Joe's Franchise
Investment $101,450 - $582,500$24,470 - $1,030,625
Franchise Fee $25,000$15,000 - $17,000
Royalty Fee 5.5%4.5%-5%
Advertising Fee -1.5%
Year Founded 19601972
Year Franchised 19671973
Term Of Agreement 10 years15 years
Term Of Agreement 10 years15 years
Renewal Fee -10% of fee or $2K


Business Experience Requirements
 
Domino's Pizza Franchise
Happy Joe's Franchise
Experience
  • Industry experience
  • Successful experience in food service/retail management; entrepreneurial/equivalent experience

  • General business experience
    		•

    Financing Options
     
    Domino's Pizza Franchise
    Happy Joe's Franchise
      In-House/3rd PartyIn-House/3rd Party
    Franchise Fees No/YesNo/Yes
    Start-up Costs No/YesNo/Yes
    Equipment No/YesNo/Yes
    Inventory No/YesNo/Yes
    Receivables No/YesNo/Yes
    Payroll No/YesNo/Yes

    Training & Support
     
    Domino's Pizza Franchise
    Happy Joe's Franchise
    Training -On-The-Job Training: 300 hours Classroom Training: 40 hours
    Support Newsletter, Meetings, Internet, Security/safety procedures, Field operations/evaluationsPurchasing Co-ops Newsletter Meetings/Conventions Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software
    Marketing Co-op advertising, Ad slicks, National mediaCo-op Advertising Ad Templates Regional Advertising Social media Website development Email marketing Loyalty program/app
    Operations

    Number of employees needed to run franchised unit: 15 - 20

    Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators)

    		 33% of all franchisees own more than one unit

    Number of employees needed to run franchised unit: 45

    Absentee ownership of franchise is allowed. (100% of current franchisees are owner/operators)

    Expansion Plans
     
    Domino's Pizza Franchise
    Happy Joe's Franchise
    US Expansion -Yes
    Canada Expansion NoNo
    International Expansion YesYes

    Company Overviews

    About Domino's Pizza

    In 1960, brothers Tom and James Monaghan borrowed $500 to purchase DomiNick's, a pizza store in Ypsilanti, Michigan. The next year, James traded his half of the business to Tom for a Volkswagen Beetle. In 1965, Tom Monaghan renamed the company Domino's Pizza LLC. The first Domino's Pizza franchise store opened in Ypsilanti, Michigan, in 1967. Tom Monaghan retired in 1998, selling 93 percent of the company to Bain Capital. In addition to regular, pan and thin-crust pizza, Domino's products include bread sticks and buffalo wings. Domino's Pizza operates more than 6,000 stores in the United States, Canada, Europe and Africa.

    The total investment ranges from $144,450 to $582,500 for a Domino's Pizza Traditional Store and $101,450 to $573,500 for a Domino's Pizza Non-Traditional Store. The franchisor estimates the payments made to them and their affiliates together with Initial Fee payments will range from $84,750 to $167,500 for a Domino's Pizza Traditional Store and $65,750 to $158,500 for a Domino's Pizza Non-Traditional Store.

    "Top    ""
    #16 in Canada's Top franchises









    About Happy Joe's

    Lawrence Joseph Whitty had worked in the bakery business for years before becoming an assistant manager at a Shakey's pizzeria. He decided to combine his baking skills with the experience he had gained from working at a pizza restaurant, where he would often hear families decide to go out for ice cream for dessert. Combining pizza and ice cream, Whitty opened the first Happy Joe's Pizza & Ice Cream Parlor in East Davenport, Iowa, in 1972. His signature item was the Happy Joe's Special, a pizza with Canadian bacon and sauerkraut that Whitty created from leftovers in his mother's kitchen. After a franchisee suggested adding tacos to the menu, Whitty created the restaurant's best-selling product, the Taco Pizza.

    Seeking new franchisees in the following regions/states:

     Iowa, Illinois, Minnesota, Missouri, North Dakota and Wisconsin

    The total investment necessary to begin operations of a Happy Joe’s Full Size Restaurant or Happy Joe’s PizzaGrille Restaurant is $279,750 to $1,030,625. This includes $0 to $16,500 that must be paid to the franchisor or an affiliate.
    The total investment necessary to begin operations of a Happy Joe’s DELCO Facility is $164,500 to $423,000. This includes the $0 to $16,500 that must be paid to the franchisor or an affiliate.
    The total investment to begin operations of a Happy Joe’s Satellite ranges from $24,470 to $132,340. This includes the $0 to $16,500 paid to the franchisor or an affiliate.
    The total investment necessary to begin operations of a Happy Joe’s Area Developer business ranges from $17,625 to $94,100. This includes the development fee ranging from $15,000 to $45,000 that must be paid to the franchisor.