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Below is an in-depth analysis and side-by-side comparison of Happy Joe's vs Buck'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 | $24,470 - $1,030,625 | $165,450 - $345,400 |
Franchise Fee | $15,000 - $17,000 | $20,000 |
Royalty Fee | 4.5%-5% | 5% |
Advertising Fee | 1.5% | 2% |
Year Founded | 1972 | 1994 |
Year Franchised | 1973 | 1994 |
Term Of Agreement | 15 years | 10 years |
Term Of Agreement | 15 years | 10 years |
Renewal Fee | 10% of fee or $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/Yes | No/Yes |
Start-up Costs | No/Yes | No/Yes |
Equipment | No/Yes | No/Yes |
Inventory | No/Yes | No/Yes |
Receivables | No/Yes | No/No |
Payroll | No/Yes | No/No |
Training & Support |
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Training | On-The-Job Training: 300 hours Classroom Training: 40 hours | - |
Support | Purchasing Co-ops Newsletter Meetings/Conventions Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software | Purchasing Co-ops Toll-Free Line Online Support |
Marketing | Co-op Advertising Ad Templates Regional Advertising Social media Website development Email marketing Loyalty program/app | Ad Templates |
Operations |
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) |
14% of all franchisees own more than one unit Number of employees needed to run franchised unit: 12 Absentee ownership of franchise is allowed. (90% of current franchisees are owner/operators) |
Expansion Plans |
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US Expansion | Yes | Yes |
Canada Expansion | No | No |
International Expansion | Yes | No |
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:
Buck's Pizza was incorporated on September 16, 1994, in the state of Pennsylvania. The management of Buck's Pizza, Lance Benton and the management team has an extensive background in franchise operations. Buck's Pizza was formed by Mr. Benton to expand a new pizza franchise on a national basis. In a very short period of time Buck’s is already accomplishing expansion goals. Buck's Pizza now has over 80 shops in over 20 states. Buck's is demonstrating its ability to support its franchisees.
Buck's Pizza has plans for nationwide expansion citing its franchise format of low start up costs, low royalties and strong local level marketing as being a strong departure from the way franchise companies have operated for years. Buck's Pizza has been selected by Entrepreneur Magazine as one of the TOP 500 FRANCHISES for each of the last 4 years.