Happy Joe's vs The Loop Pizza Grill Franchise Comparison

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

Start-Up Costs and Fees
 
Happy Joe's Franchise
The Loop Pizza Grill Franchise
Investment $24,470 - $1,030,625$525,000 - $900,000
Franchise Fee $15,000 - $17,000$30,000
Royalty Fee 4.5%-5%-
Advertising Fee 1.5%-
Year Founded 19721981
Year Franchised 19731990
Term Of Agreement 15 years-
Term Of Agreement 15 years-
Renewal Fee 10% of fee or $2K-


Business Experience Requirements
 
Happy Joe's Franchise
The Loop Pizza Grill Franchise
Experience
  • General business experience
    		• -

    Financing Options
     
    Happy Joe's Franchise
    The Loop Pizza Grill 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
    The Loop Pizza Grill Franchise
    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
     
    Happy Joe's Franchise
    The Loop Pizza Grill Franchise
    US Expansion Yes-
    Canada Expansion No-
    International Expansion Yes-

    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 The Loop Pizza Grill

    The Loop Pizza Grill is a neighborhood fast-casual restaurant that offers the quality and atmosphere of a full-service dining establishment. As a pioneer of the fast-casual segment for 30 years, The Loop Pizza Grill was one of the first restaurants to offer a variety of made-to-order fresh foods in an upscale environment. The Loop serves a variety of signature pizzas, burgers, salads, sandwiches and hand-dipped milkshakes. Open for lunch and dinner, the average sales volume per restaurant is $1.2 million, with guest checks averaging $10. Based in Jacksonville, Fla., The Loop Pizza Grill was founded by Mike and Terry Schneider in 1981 as a 60-seat restaurant.
     
    The franchise fee for a single LOOP franchise is $30,000. The fee is payable in two phases: $15,000 at the execution of the agreement, and $15,000 when a lease is signed or training begins.