|
Below is an in-depth analysis and side-by-side comparison of Jerry's Subs & Pizza vs Aurelio's Is 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 | $864,000 - $1,198,000 |
Franchise Fee | $25,000 | $49,000 |
Royalty Fee | 6% | 6% |
Advertising Fee | - | 2% |
Year Founded | 1954 | 1959 |
Year Franchised | 1980 | 1975 |
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 | 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.
All of our franchise owners are essential members of our overall Aurelio's Is Pizza "family". Together we strive for the consistency that brings patrons back to enjoy what Joe Aurelio started back in 1959... quality, quantity, value and more. Joe Aurelio's commitment to his customers' satisfaction has proven to be the catalyst for our growth and success. Finding individuals who are motivated and interested in continuing our strong traditions and values is not a simple task. By staying focused and committed to our mission of providing the very best service and quality, we plan to continue to expand our franchise members. We are currently seeking franchisees for development opportunities in Georgia, Illinois, Indiana, Michigan, Nevada, Colorado and Florida. However, we are continually assessing expansion opportunities into new markets.