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Below is an in-depth analysis and side-by-side comparison of Happy Joe's vs Unique 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 | $62,800 - And Up |
Franchise Fee | $15,000 - $17,000 | $30,000 - $100,000 |
Royalty Fee | 4.5%-5% | 5% |
Advertising Fee | 1.5% | 3% |
Year Founded | 1972 | - |
Year Franchised | 1973 | - |
Term Of Agreement | 15 years | 10 years |
Term Of Agreement | 15 years | 10 years |
Renewal Fee | 10% of fee or $2K | $1,000 |
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 Unique Pizza and Subs franchise is an opportunity to get into the extremely popular pizza business where there is always a demand. Our use of the highest quality ingredients, strict adherence to established methods, consistency, reasonable prices and dependable, friendly service make Unique Pizza and Subs the superior choice for excellent pizza. The winning combination produces loyal customers, the best word of mouth advertising and repeat business. One of the main reasons why Unique Pizza and Subs is so successful, is because from it’s conception it was developed to be a franchise. The #1 consideration when developing Unique Pizza and Subs was to achieve the CONSISTENCY of a large franchise with the QUALITY of a “mom and pop” shop. The personal quality locations needed to become a Unique Pizza and Subs franchisee include good financial standing, a high energy level, an ability to build long term relationships and a strong customer orientation. Investment Cost Typical restaurant size is 800-1200 sq.ft. without seating and up to 3000 sq.ft. with seating. The following figures represent costs associated with the 800-1200 sq.ft. size. Variations in costs are accounted for by factors such as your management skills, experience and business acumen, local economic conditions such as the prevailing wage rate, the competition and the sales level reached during the initial period. If a prospective franchisee pays the $100k franchise fee upfront then they are not required to pay the 5% and 3% weekly royalty for 5 years. Or the have the option of paying the standard upfront $30k franchise fee and the standard weekly 5% royalty and 3% marketing fee. If they have the extra start up cash it is extremely advantageous for them to pay the $100k upfront. If their location averages a simple $9,600 per week that's $200k paid over 5 years.