|
Below is an in-depth analysis and side-by-side comparison of Jerry's Subs & Pizza vs Mr. Jims Pizza including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
||
Investment | $250,000 - $350,000 | $70,000 - $100,000 |
Franchise Fee | $25,000 | $11,000 |
Royalty Fee | 6% | 6% |
Advertising Fee | - | 4% |
Year Founded | 1954 | 1975 |
Year Franchised | 1980 | 1981 |
Term Of Agreement | 20 years | - |
Term Of Agreement | 20 years | - |
Renewal Fee | $25K | - |
Business Experience Requirements |
||
Experience | - | |
Financing Options |
||
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 |
||
Training | - | - |
Support | Newsletter, Meetings, Toll-free phone line, Grand opening, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives | - |
Marketing | Co-op advertising | - |
Operations |
Absentee ownership of franchise is allowed. (95% of current franchisees are owner/operators) | - |
Expansion Plans |
||
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.
Mr. Jim's Pizza is a chain of pizza delivery and pick-up restaurants.
Great products - perfected since 1976
Very low cost to entry
Big savings on food costs
First 21st Century Pizza Chain Strong brand and advertising support
Approved Small Business Administration (SBA) franchisor
All of our fresh hand-stretched dough is made fresh every day in every store. Our Originalâ„¢ style pizzas have more fresh toppings than any of our competitors. With each bite of an Original, you'll taste all the toppings, sauce and crust, whether it's our Sticky Fingers Pizza (loaded with eight toppings) or any of our create your own, specialty and premier pizzas.
But as the times have changed, so have we. Not everyone likes thick crust and many people are price conscious. So, in 2011 we launched our new Pizza D'Lish line, with thinner crust and a nice balance of toppings. In most of our stores, all large D'Lish pizzas sell for just $7.99. This product has been a fantastic addition to our full product line and has improved sales even during the down economy.