|
Below is an in-depth analysis and side-by-side comparison of Jerry's Subs & Pizza vs MOD 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 | $714,000 - $1,900,000 |
Franchise Fee | $25,000 | $30,000 |
Royalty Fee | 6% | 5% |
Advertising Fee | - | 2% |
Year Founded | 1954 | 2008 |
Year Franchised | 1980 | 2008 |
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.
When Scott and Ally Svenson founded MOD Pizza in 2008, they knew the
last thing the world needed was another pizza place. In their hometown
of Seattle, they imagined a new way for people to enjoy pizza, by
bringing speed, individual style and value to one of America’s favorite
foods. But the real secret sauce wouldn’t be the product, it would be
the people who serve our communities - the MOD Squad. By taking care of
employees, they would take care of the customers, and the business would
take care of itself. It’s how we’ve built a culture of opportunity,
belonging and community since 2008, and it’s catching on
wholeheartedly.
If you’re in a State where MOD exists, chances are we already have a comprehensive plan to grow that entire state. If you’re in a state without a MOD, and you’d like to learn more, we’d love to hear from you. We’ll get back in touch as soon as possible, normally within a few days.