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Below is an in-depth analysis and side-by-side comparison of Happy Joe's vs Arizona Pizza Company 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 | $400,000 - $865,000 |
Franchise Fee | $15,000 - $17,000 | $35,000 |
Royalty Fee | 4.5%-5% | - |
Advertising Fee | 1.5% | - |
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 | - |
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:
PROGRAMS AVAILABLE: 1. SINGLE-UNIT DEVELOPMENT: Franchisee opens a restaurant at a specific address Franchisee is able to open additional units based on franchisee's ability and desire to expand 2. AREA DEVELOPMENT: Secures exclusive rights to a market. Minimum development is five restaurants Opens and operates the units in the development area Receives a reduction in franchise fees (based upon number of restaurants opened) Pays an area development fee based on the demographics of the territory. However, a credit is given against the franchise fee as each restaurant opens 3. MASTER DEVELOPER: Secures exclusive rights to a geographic area (County, state, country). There are minimum requirements for the territory (not less than a twenty-store market). Shares in franchise and royalty fees for performing services (sales, operations, training) to franchisees in the market for the term of the franchise & renewal periods Has an opportunity to participate on a large scale in building an international concept May enter into a management agreement to provide services beyond the term of the Master Agreement. Receives a Reduction in Fees for Developer- Owned and Operated Units Based on Master's Percentage Participation in the Fees Received for Providing Services Represents an opportunity to participate on a large scale in Building an International Concept Is required to open one restaurant that serves as the training facility before opening franchise restaurants in the area Pays a master developer fee based on the size of the territory and the demographics of that market