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Below is an in-depth analysis and side-by-side comparison of Happy Joe's vs Nancy's Pizzeria 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 | $320,000 - $360,000 |
Franchise Fee | $15,000 - $17,000 | $20,000 |
Royalty Fee | 4.5%-5% | - |
Advertising Fee | 1.5% | - |
Year Founded | 1972 | - |
Year Franchised | 1973 | - |
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:
It has often been said that the American success story is based on inventing and introducing a product for which the public has been waiting... Stuffed Pizza, the invention of Nancy and Rocco Palese, is how Nancy's Pizza was born. Nancy and Rocco had lived most of their adult lives in Turin, Italy, making pizzas, before immigrating with their three children to the United States. After 18 months in Chicago, they opened their first pizza parlor, Guy's Pizza, featuring the then popular thin crust pizza. Business had its ups and downs, and friends tried to get the Palese's to experiment with pan pizza. Rather than imitate, in 1971, Rocco decided to look to his mother's recipes and introduce his own pizza, known as "scarciedda," an Easter specialty cake. The Stuffed Pizza was born! Rocco continued experimenting with his new pizza, trying to perfect its marketability. He went into a solo business, then a partnership, then again tried it on his own before the right combination of circumstances brought to him, to Nancy's Pizza and to stuffed pizza, fabulous success. AND TODAY.Nancy's Pizza has dozens of locations in the Chicago area and other states. It's grown into a streamlined operation, developed and refined over time to render consistent, award winning quality. Any way you slice it, Nancy's Pizza offers you an opportunity to bring Italian tradition and a truly authentic taste of Chicago to your local restaurant market!!!