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Below is an in-depth analysis and side-by-side comparison of Happy Joe's vs Farrell's Ice Cream Parlour 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 | N/A |
Franchise Fee | $15,000 - $17,000 | N/A |
Royalty Fee | 4.5%-5% | - |
Advertising Fee | 1.5% | - |
Year Founded | 1972 | 1963 |
Year Franchised | 1973 | 2014 |
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:
If you've ever been to a Farrell's Ice Cream Parlour Restaurant, you know what makes us really special and sets us apart from other great businesses is our TEAM! And we would really like for you to be a part of it. Farrell's Cast Members all have fun personalities and enjoy a crazy, zany, whacky atmosphere. Every Cast Member, including hosts, servers, ice cream artisans to bussers, dishwashers and cooks, are able to deliver and promote "Disney" like service. We call it, "Happy-itis". If you have seen our appearances on The Food Network, then you know we are serious about our food, ice cream and creating great lifetime memories for our guests. If this sounds like you, and you are looking for a company that's growing and offers possible ground floor promotion, then we would love to talk to you about joining our team.