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Below is an in-depth analysis and side-by-side comparison of Jerry's Subs & Pizza vs CiCi's 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 | $209,962 - $1,056,527 |
Franchise Fee | $25,000 | $30,000 |
Royalty Fee | 6% | 4 - 6% |
Advertising Fee | - | greater of $2300 or 3% of sales |
Year Founded | 1954 | 1985 |
Year Franchised | 1980 | 1987 |
Term Of Agreement | 20 years | 10 years |
Term Of Agreement | 20 years | 10 years |
Renewal Fee | $25K | - |
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 | - | 8-12 week training process (the VP of Training may require additional training at his/her discretion, as successful completion of training is based on proficiency) |
Support | Newsletter, Meetings, Toll-free phone line, Grand opening, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives | Newsletter, Meetings, Security/safety procedures, Field operations/evaluations |
Marketing | Co-op advertising | National advertising |
Operations |
Absentee ownership of franchise is allowed. (95% of current franchisees are owner/operators) |
60% of all franchisees own more than one unit Number of employees needed to run franchised unit: 25-30 |
Expansion Plans |
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US Expansion | Yes | Yes |
Canada Expansion | No | No |
International Expansion | No | No |
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.