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Below is an in-depth analysis and side-by-side comparison of Jerry's Subs & Pizza vs Round Table 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 | $327,300 - $1,061,250 |
Franchise Fee | $25,000 | $25,000 |
Royalty Fee | 6% | 4% |
Advertising Fee | - | 4% |
Year Founded | 1954 | 1959 |
Year Franchised | 1980 | 1962 |
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 | * Foodservice industry experience as an owner/operator or manager with P & L responsibility * Demonstrated ability to lead and manage people * Customer service skills * Strong business acumen and financial management skills * $200,000 in unleveraged liquid assets * $500,000 net worth | |
Financing Options |
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In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | No/No | -/- |
Start-up Costs | No/Yes | -/- |
Equipment | No/Yes | -/- |
Inventory | No/No | -/- |
Receivables | No/No | -/- |
Payroll | No/No | -/- |
Training & Support |
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Training | - | Round Table's Skills Training Program (STP) is a comprehensive management training curriculum designed to support the ongoing training needs and requirements of our franchisees. The program encompasses modules for new franchise owners and multi-unit operators, managers and assistant managers, shift managers and crew leaders and general crewmembers. Prior to opening, new franchise owners are required to successfully complete a one-week business planning and leadership class at our Concord, CA headquarters. On-The-Job Training: 180 hours Classroom Training: 16 hours |
Support | Newsletter, Meetings, Toll-free phone line, Grand opening, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives | Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Franchisee Intranet Platform |
Marketing | Co-op advertising | Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Email marketing Loyalty program/app |
Operations |
Absentee ownership of franchise is allowed. (95% of current franchisees are owner/operators) | - |
Expansion Plans |
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US Expansion | Yes | Yes |
Canada Expansion | 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.