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Below is an in-depth analysis and side-by-side comparison of Happy Joe's vs Tasti D-Lite 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 | $234,000 - $423,260 |
Franchise Fee | $15,000 - $17,000 | $30,000 |
Royalty Fee | 4.5%-5% | 5% |
Advertising Fee | 1.5% | 2% |
Year Founded | 1972 | 1987 |
Year Franchised | 1973 | 1987 |
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:
The primary Tasti D-Lite opened in New York in 1987, offering a dairy-based delicate serve solidified pastry with less calories and carbs than most solidified yogurts and frozen yogurts. Stores offer a pivoting choice of more than 100 self-serve flavors. In 2007, the organization was gained by a private value firm, Snow Phippps Group. The central station was moved to Franklin, Tennessee, and new CEO James Amos, Jr., (previous CEO of Mail Boxes Etc.) started diversifying across the country in 2008.
Gotten to be a piece of our developing festival of life and wellbeing. Convey a Tasti D-Lite focus to your companions and neighbors. Find out about our household establishment program This is your chance to transplant this New York wonder to your own particular group. Tasti D-Lite's vision is to build up an establishment organize all through the U.S., conveying this bravo treat to each city and town. We know America is prepared! In the event that you look to develop past a solitary area, Tasti D-Lite offers a different unit possession program, including a dynamically lessened charge structure and extra preparing in dealing with a multi-unit business.