Larry's Giant Subs vs Jet's Pizza Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Larry's Giant Subs vs Jet's Pizza including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees
 
Larry's Giant Subs Franchise
Jet's Pizza Franchise
Investment $136,800 - $201,900$437,500 - $631,000
Franchise Fee $20,000$25,000
Royalty Fee 6%8%-10%
Advertising Fee -Up to 1%
Year Founded 19821978
Year Franchised 19861990
Term Of Agreement 10 years10 years
Term Of Agreement 10 years10 years
Renewal Fee $1K$2K


Business Experience Requirements
 
Larry's Giant Subs Franchise
Jet's Pizza Franchise
Experience
  • Industry experience
  • General business experience

  • General business experience
  • Customer service & management skills
    		•

    Financing Options
     
    Larry's Giant Subs Franchise
    Jet's Pizza Franchise
      In-House/3rd PartyIn-House/3rd Party
    Franchise Fees No/NoNo/Yes
    Start-up Costs No/NoNo/Yes
    Equipment No/NoNo/Yes
    Inventory No/NoNo/Yes
    Receivables No/NoNo/Yes
    Payroll No/NoNo/Yes

    Training & Support
     
    Larry's Giant Subs Franchise
    Jet's Pizza Franchise
    Training - On-The-Job Training: 270 hours Classroom Training: 30 hours
    Support Newsletter, Meetings, Toll-free phone line, Grand opening, Field operations/evaluations, Purchasing cooperativesNewsletter Meetings/Conventions Grand Opening Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform
    Marketing Co-op advertising, Ad slicks, Regional advertisingCo-op Advertising Ad Templates Regional Advertising Social media SEO Website development Email marketing
    Operations 20% of all franchisees own more than one unit

    Number of employees needed to run franchised unit: 12

    Absentee ownership of franchise is allowed. (98% of current franchisees are owner/operators)

    		 International franchisees required to buy multiple units/master licenses; 0% of all franchisees own more than one unit

    Number of employees needed to run franchised unit: 15

    Absentee ownership of franchise is NOT allowed. (99% of current franchisees are owner/operators)

    Expansion Plans
     
    Larry's Giant Subs Franchise
    Jet's Pizza Franchise
    US Expansion -Yes
    Canada Expansion NoNo
    International Expansion NoNo

    Company Overviews

    About Larry's Giant Subs

    "Larry's formula for success: Quality, Honesty, Reliability - We Set the Standard!" Larry Raikes - Larry's Giant Subs"I'm very proud of our franchise owners. They've helped make our company the best it can be.
    In 1982, my brother Mitchell and I opened the first Larry's Giant Subs in Jacksonville, Florida. We offered extraordinary quality then, as we still do today. Our franchisees share our commitment to serving the very best. And we've all been successful using this simple formula."
    The first thing you need to know about Larry's Giant Subs is that we do everything in a Big Way. This means we are Quality Driven. We serve only the best . . . no compromises. That's why we are different. That's why we are better. To be a Larry's Giant Subs Franchisee, all you need is enthusiasm and perseverance. This system was designed by aspiring entrepreneurs and that is who it's tailored to fit. Mitchell Raikes said it best: "We are only as good as the sandwich that comes across the counter and the smiling face that prepares and serves it. Take pride in what you do and be the best that you can be". The future looks especially bright for the sandwich section of the fast food industry. Sandwiches and salads may be hot but Larry's Giant Subs is even hotter. Simply put, we believe Larry's Giant Subs sandwiches are the best you can buy. A better sandwich means a better opportunity for you. If you would like to own an exciting business in a growing market segment then a Larry's Giant Subs Franchise could be for you.

    About Jet's Pizza

    Based in Sterling Heights, Michigan, Jet's Pizza was founded in 1978 and began franchising in 1990.
    Jet’s Pizza® regularly receives “Best of the Best” and “Reader’s Choice” awards. Pizza Today magazine named Jet’s Pizza® as the eighteenth largest pizza chain in the nation in its “Top 100 Company” report (Pizza Today, 2010). Entrepreneur Magazine has consistently ranked Jet’s Pizza® as a “Top 500 Franchise,” opportunity (Entrepreneur, 2010). Jet’s Pizza® has rapidly risen through the ranks to become the twelfth largest pizza chain in the nation, by sales (PMQ, 2016), with over 400 locations and plans for rapid future growth. While the quality and taste of the food is number one for Jet’s Pizza®, there is also a simple belief throughout the company; “Pizza should be fun,” says John Jetts. “You’ll always have a smile on your face when you’re eating a Jet’s pizza®.” That fun attitude can be summed up in the company’s simple slogan says Jetts, “Life is short. Eat better pizza®. Let’s Get Jet’s®!”

    That is something that Jet’s Pizza® is betting that people across the nation will agree with. They’ve found that it’s working so far.

    Franchise Ranking History
    Franchise 500: #132 (2014), #146 (2013), #136 (2012), #145 (2011), #207 (2010),
    Fastest-Growing: #67 (2014), #82 (2012), #94 (2011)
    Veteran Incentives  50% off franchise fee or area development fee
    "Entrepreneur
    #220 in Franchise 500 for 2020.
    #340 in Franchise 500 for 2021.