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Below is an in-depth analysis and side-by-side comparison of Happy Joe'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 | $24,470 - $1,030,625 | $150,000 - $350,000 |
Franchise Fee | $15,000 - $17,000 | $29,000 - $40,000 |
Royalty Fee | 4.5%-5% | 5% |
Advertising Fee | 1.5% | 3% |
Year Founded | 1972 | 1978 |
Year Franchised | 1973 | 1978 |
Term Of Agreement | 15 years | - |
Term Of Agreement | 15 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 | -/- |
Start-up Costs | No/Yes | -/- |
Equipment | No/Yes | -/- |
Inventory | No/Yes | -/- |
Receivables | No/Yes | -/- |
Payroll | No/Yes | -/- |
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 | - |
Marketing | Co-op Advertising Ad Templates Regional Advertising Social media Website development Email marketing Loyalty program/app | - |
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) | - |
Expansion Plans |
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US Expansion | Yes | - |
Canada Expansion | No | - |
International Expansion | Yes | - |
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:
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.