Happy Joe's vs Round Table Pizza Franchise Comparison

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

Start-Up Costs and Fees
 
Happy Joe's Franchise
Round Table Pizza Franchise
Investment $24,470 - $1,030,625$327,300 - $1,061,250
Franchise Fee $15,000 - $17,000$25,000
Royalty Fee 4.5%-5%4%
Advertising Fee 1.5%4%
Year Founded 19721959
Year Franchised 19731962
Term Of Agreement 15 years10 years
Term Of Agreement 15 years10 years
Renewal Fee 10% of fee or $2K-


Business Experience Requirements
 
Happy Joe's Franchise
Round Table Pizza Franchise
Experience
  • General business experience
    		•  * Foodservice industry experience as an owner/operator or manager with P & L responsibility * Demonstrated ability to lead and manage people * Customer service skills * Strong business acumen and financial management skills * $200,000 in unleveraged liquid assets * $500,000 net worth

    Financing Options
     
    Happy Joe's Franchise
    Round Table Pizza Franchise
      In-House/3rd PartyIn-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
     
    Happy Joe's Franchise
    Round Table Pizza Franchise
    Training On-The-Job Training: 300 hours Classroom Training: 40 hours Round Table's Skills Training Program (STP) is a comprehensive management training curriculum designed to support the ongoing training needs and requirements of our franchisees. The program encompasses modules for new franchise owners and multi-unit operators, managers and assistant managers, shift managers and crew leaders and general crewmembers. Prior to opening, new franchise owners are required to successfully complete a one-week business planning and leadership class at our Concord, CA headquarters. On-The-Job Training: 180 hours Classroom Training: 16 hours
    Support Purchasing Co-ops Newsletter Meetings/Conventions Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Franchisee Intranet Platform
    Marketing Co-op Advertising Ad Templates Regional Advertising Social media Website development Email marketing Loyalty program/app Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO 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)

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    Expansion Plans
     
    Happy Joe's Franchise
    Round Table Pizza Franchise
    US Expansion YesYes
    Canada Expansion No-
    International Expansion YesYes

    Company Overviews

    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.


    About Round Table Pizza

    Round Table Pizza is the fifth largest pizza chain in the U.S. with over 500 restaurants in nine western states and five foreign countries. Headquartered in Concord, California, in the San Francisco Bay Area, Round Table has built a reputation as the pizza brand of choice and market share leader in the most competitive and discriminating restaurant markets in the country. We are recognized throughout the West for gourmet taste, quality and menu innovation. The key differentiator between Round Table and other branded pizza chains is our product. Every Round Table restaurant rolls fresh dough every day and tops every pie with fresh cheese and only the freshest ingredients. In this day and age of frozen dough, frozen cheese and frozen toppings, Round Table is unique in the pizza segment. One of the major reasons for the success of the Round Table brand is our franchise owners and their strong commitment to product quality, service and proactive local community involvement. We are committed to franchising as our primary business model. Approximately 80% of Round Table restaurant businesses are owned and operated by franchisees. Our evaluation and selection of new franchise candidates is based upon a number of different factors. We look for individuals with a track record of success in business, the ability to manage and develop people and strong customer service skills. Foodservice industry experience as an owner/operator or manager with P & L responsibility is strongly required. Round Table is seeking qualified individuals who want to partner with a proven brand leader in the pizza segment to join our system.

    The total investment necessary to begin operation of a Restaurant that offers and sells menu items for dining at the Restaurant premises as well as via delivery and carryout services (the “Dine-In Model”), is $471,500 to $1,061,250, which includes $25,000 that must be paid to the franchisor or their affiliate prior to opening; and a Restaurant that is only authorized to offer and sell menu items for delivery and carry out from the Restaurant premises (a “DCU Model”) is $327,300 to $510,250, which includes $25,000 that must be paid to the franchisor or their affiliate prior to opening.

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    #172 in Franchise 500 for 2020.