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Below is an in-depth analysis and side-by-side comparison of Jerry's Subs & Pizza vs Snappy Tomato 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 | $250,000 - $350,000 | $115,500 - $256,000 |
Franchise Fee | $25,000 | $14,000 |
Royalty Fee | 6% | 5% |
Advertising Fee | - | 2.5% |
Year Founded | 1954 | 1978 |
Year Franchised | 1980 | 1981 |
Term Of Agreement | 20 years | 15 years |
Term Of Agreement | 20 years | 15 years |
Renewal Fee | $25K | $2.5K |
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/No | No/No |
Start-up Costs | No/Yes | No/No |
Equipment | No/Yes | No/No |
Inventory | No/No | No/No |
Receivables | No/No | No/No |
Payroll | No/No | No/No |
Training & Support |
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Training | - | Additional training available as needed |
Support | Newsletter, Meetings, Toll-free phone line, Grand opening, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives | Newsletter, Meetings, Grand opening, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives |
Marketing | Co-op advertising | Co-op advertising, Ad slicks, Regional advertising |
Operations |
Absentee ownership of franchise is allowed. (95% of current franchisees are owner/operators) |
International franchisees required to buy multiple units/master licenses Number of employees needed to run franchised unit: 20 Absentee ownership of franchise is allowed. (80% of current franchisees are owner/operators) |
Expansion Plans |
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US Expansion | Yes | Yes |
Canada Expansion | No | No |
International Expansion | No | Yes |
The first Jerry's Subs opened in Wheaton, Maryland, in 1954, selling over-stuffed submarine sandwiches and New York-style pizza. Since it started franchising in 1980, the company has grown to include locations along the East Coast, as well as in the Caribbean and Central America.
In 1978, Bob Rotunda went to the races and put all his money on a horse named Snappy Tomato. The horse won. Rotunda took his winnings and opened the first Snappy Tomato Pizza that year. The company began franchising three years later.
Today Snappy Tomato Pizza has locations across the United States, Canada and Great Britain serving pizza, hoagies, salads and appetizers.