Happy Joe's vs Red's Savoy Pizza Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Happy Joe's vs Red's Savoy Pizza including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees
 
Happy Joe's Franchise
Red's Savoy Pizza Franchise
Investment $24,470 - $1,030,625$200,500 - $347,167
Franchise Fee $15,000 - $17,000$15,000
Royalty Fee 4.5%-5%-
Advertising Fee 1.5%-
Year Founded 19721965
Year Franchised 19732011
Term Of Agreement 15 years-
Term Of Agreement 15 years-
Renewal Fee 10% of fee or $2K-


Business Experience Requirements
 
Happy Joe's Franchise
Red's Savoy Pizza Franchise
Experience
  • General business experience
    		• -

    Financing Options
     
    Happy Joe's Franchise
    Red's Savoy Pizza Franchise
      In-House/3rd PartyIn-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
     
    Happy Joe's Franchise
    Red's Savoy Pizza Franchise
    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

    Red's Savoy Pizza franchisees gain operational support from the ground up. We deliver classroom and in-store training, as well as grand opening assistance to make sure your store gets off to a successful start. Throughout the operation of your business, we are here to respond to operational needs within the system, whether on an individual store basis or system-wide.
    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
     
    Happy Joe's Franchise
    Red's Savoy Pizza Franchise
    US Expansion YesYes
    Canada Expansion No-
    International Expansion Yes-

    Company Overviews

    About Happy Joe's

    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:

     Iowa, Illinois, Minnesota, Missouri, North Dakota and Wisconsin

    The total investment necessary to begin operations of a Happy Joe’s Full Size Restaurant or Happy Joe’s PizzaGrille Restaurant is $279,750 to $1,030,625. This includes $0 to $16,500 that must be paid to the franchisor or an affiliate.
    The total investment necessary to begin operations of a Happy Joe’s DELCO Facility is $164,500 to $423,000. This includes the $0 to $16,500 that must be paid to the franchisor or an affiliate.
    The total investment to begin operations of a Happy Joe’s Satellite ranges from $24,470 to $132,340. This includes the $0 to $16,500 paid to the franchisor or an affiliate.
    The total investment necessary to begin operations of a Happy Joe’s Area Developer business ranges from $17,625 to $94,100. This includes the development fee ranging from $15,000 to $45,000 that must be paid to the franchisor.


    About Red's Savoy Pizza

    The Original Red's Savoy Pizza name has become legendary throughout the Midwest, known for its spicy secret-recipe sauce and for its old-school atmosphere... with an edge. If you're like us, you are addicted to the unique Red's Savoy Pizza taste and experience. Now you can take that obsession one step further, and own your own piece of the pie! Why Red's Savoy Pizza?
    Earl "Red" Schoenheider opened the first Red's Savoy Pizza location in 1965 on the east side of St. Paul, Minnesota. Red perfected his famous secret-recipe spicy Savoy sauce and sausage over the last four decades. His outstanding, old-school thin-crust pizza has developed a cult-like following among its fans. Products and Logo. The purchase of a Red's Savoy Pizza franchise allows you access to the secret-recipe Savoy products that have made the Red's Savoy name what it is today. You gain access to our unique menu items, such as sauerkraut and pickle pizzas, that perfectly complement our spicy sauce and thin-cracker crust. In addition, our franchisees get to operate under our signature red logo featuring the "The Original Red's Savoy Pizza" name and design. This logo is recognized throughout the Midwest and beyond! The original Red's Savoy Pizza location has operated at its original location on the east side of St. Paul, Minnesota for over four decades. Its recipes and business model have stood the test of time as pizza trends have come and gone. With this history, Red's Savoy Pizza is poised for the future! Our franchises maintain this old-school timeless tradition, while taking advantage of modern opportunities for marketing, advertising, promotions, and growth. New franchisees in the Red's Savoy Pizza system have the opportunity to take advantage of our plans for growth and expansion throughout the United States.