|
Below is an in-depth analysis and side-by-side comparison of Jerry's Subs & Pizza vs Coco Brooks including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
||
Investment | $250,000 - $350,000 | $750,000 |
Franchise Fee | $25,000 | $20,000 |
Royalty Fee | 6% | - |
Advertising Fee | - | - |
Year Founded | 1954 | 1999 |
Year Franchised | 1980 | 2005 |
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 | -/- |
Start-up Costs | No/Yes | -/- |
Equipment | No/Yes | -/- |
Inventory | No/No | -/- |
Receivables | No/No | -/- |
Payroll | 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 | - |
Canada Expansion | No | - |
International Expansion | 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.
Coco Brooks, a people company serving pizza. New concept in pizza. Fast Casual Pizzaeria, 8" single serve pizzas only and 35 unique flavors. Dine In (60 seats), Take Out and Delivery. Hot Fresh Baked, Take n Bake and Frozen, pizzas, pasta & calzone. Fundraising and School Hot Lunch programs. New products, Salads in a Bread Bowl, Chili & Stews in a Bread Bowl & Apples and Caramel.