|
Below is an in-depth analysis and side-by-side comparison of Happy Joe's vs Sarpino's Pizzeria including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
||
Investment | $24,470 - $1,030,625 | $319,000 - $499,000 |
Franchise Fee | $15,000 - $17,000 | $19,995 |
Royalty Fee | 4.5%-5% | 6% |
Advertising Fee | 1.5% | 2% |
Year Founded | 1972 | 2000 |
Year Franchised | 1973 | 2001 |
Term Of Agreement | 15 years | 5 years |
Term Of Agreement | 15 years | 5 years |
Renewal Fee | 10% of fee or $2K | - |
Business Experience Requirements |
||
Experience | *Desire to change your life and create an income, lifestyle, wealth, and equity for you and your family. *Ability to follow proven systems that will lead you to success. *Respect and appreciation for the customers. *Liquid assets of at least $100K. *Ability to finance the Sarpino’s Pizzeria opening. |
|
Financing Options |
||
In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | No/Yes | No/Yes |
Start-up Costs | No/Yes | No/Yes |
Equipment | No/Yes | No/Yes |
Inventory | No/Yes | No/No |
Receivables | No/Yes | No/No |
Payroll | No/Yes | No/No |
Training & Support |
||
Training | On-The-Job Training: 300 hours Classroom Training: 40 hours | 3 weeks of on-the-job training in our training center, one week of classroom training in the Chicago area, and one month of opening assistance with an on-site team at your Sarpino’s restaurant. We will help you to create a business plan for your store during training. Your business plan is your roadmap, it will show you how the restaurant will achieve the goals set for its success. |
Support | Purchasing Co-ops Newsletter Meetings/Conventions Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software | Meetings, Grand opening, Internet, Field operations/evaluations |
Marketing | Co-op Advertising Ad Templates Regional Advertising Social media Website development Email marketing Loyalty program/app | Ad slicks, Regional advertising |
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) |
0% of all franchisees own more than one unit Number of employees needed to run franchised unit: 6 - 10
Absentee ownership of franchise is NOT allowed. |
Expansion Plans |
||
US Expansion | Yes | - |
Canada Expansion | No | 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:
Every neighborhood needs a classic old-world Italian eatery like Sarpino’s. Today’s consumers want sophisticated Italian food and delectable pizza lovingly made from scratch with the highest quality ingredients. Our rapidly changing world demands even more from restaurants: convenience, delivery, menu choices, along with the timeless classics. On every front, Sarpino’s more than measures up.
Born as a delivery and pickup only concept, Sarpino’s is uniquely positioned to take advantage of the transformative changes that are challenging the rest of the restaurant industry. While other national brands are struggling to keep up with the demand for delivery, we have excelled at delivery since day one. While other pizza chains offer cheap ingredients and pizzas off an assembly line, Sarpino’s consistently delivers exceptional quality.
Sarpino’s carry-out & delivery business model is recession-resistant, maximizes profitability, and is built for lasting growth. With a low cost of entry and world-class support that goes above and beyond the rest of the industry, investing in a Sarpino’s is a wise choice for an entrepreneur with a passion for community, quality, and most of all, serving inspiring food. If you are interested in learning more about our pizza franchise opportunities for sale, contact us today by completing our form to the right, and a member of our team will reach out shortly.