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Below is an in-depth analysis and side-by-side comparison of Happy Joe's vs Rapid Fired 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 | $340,000 - $450,000 |
Franchise Fee | $15,000 - $17,000 | $25,000 |
Royalty Fee | 4.5%-5% | 6% |
Advertising Fee | 1.5% | 3% |
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 | Expect to have in-store training last about a week after construction is completed prior to opening your location. Employee "live training" via a Friends and Family night or VIP event. |
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 | 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:
RAPID FIRED PIZZA was founded by experienced restauranteurs with a focus on streamlined operations, clear training systems for employees, and a very strong focus on unit economics. With in-house demographic analysis, customer information gathering, graphic design, marketing, architectural design, and real estate leasing, RAPID FIRED PIZZA is well positioned to support our franchisees. With extensive knowledge of all aspects of the restaurant industry and its customers, RAPID FIRED PIZZA is a recipe for success.
RAPID FIRED PIZZA has an Amazingly Good, Amazingly Fast product, simplified operations and a low cost of entry. We utilize systems and equipment that enable the employees to produce an amazing product every time. Our pizzas are available on thin, pan or gluten free crusts with a choice of eight sauces, eight cheeses, eight meats, twenty veggies and twelve dipping sauces. We also offer craft and custom salads for those who are counting calories or watching their carbs. Where available, we encourage bottled beer and single serve wine to be offered.