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Below is an in-depth analysis and side-by-side comparison of Happy Joe's vs Sam & Louie's N Y Pizza 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 | $331,500 - $474,700 |
Franchise Fee | $15,000 - $17,000 | $25,000 |
Royalty Fee | 4.5%-5% | 5% |
Advertising Fee | 1.5% | - |
Year Founded | 1972 | 1994 |
Year Franchised | 1973 | 2000 |
Term Of Agreement | 15 years | 10 years |
Term Of Agreement | 15 years | 10 years |
Renewal Fee | 10% of fee or $2K | - |
Business Experience Requirements |
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Experience | Our ideal franchise partner will have some or most of the following attributes: �A high energy level �Good communication skills �A desire to be in the specialty food/restaurant business �An understanding of business operations and management principles �Sales and marketing skills �Be adequately financed �A strong desire and ambition to succeed �Be outgoing in nature and enjoy dealing with people | |
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 | *Available at headquarters: 4-6 weeks. *At franchisee's location: 2-3 weeks. Our exceptional training program includes both classroom and hands-on training in critical areas such as promotional activities, food preparation, customer service, administrative duties, problem solving and more. |
Support | Purchasing Co-ops Newsletter Meetings/Conventions Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software | Support where you need it Beginning with your site selection, obtaining equipment and supplies, pre- and post- grand opening, through day-to-day operations, Sam & Louie's is with you every step of the way to help ensure the success and growth of your business. You will receive a confidential, complete Operations Manual with periodic updates covering all areas of the Sam & Louie's system. Our helpful management staff will communicate with you on an ongoing basis and are available for consultation and assistance on all facets of your operation. |
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) | *10% of all franchisees own more than one unit. *Number of employees needed to run franchised unit: 15. *Absentee ownership of franchise is allowed. (50% of current franchisees are owner/operators). |
Expansion Plans |
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US Expansion | Yes | Yes |
Canada Expansion | No | - |
International Expansion | Yes | 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: