|
Below is an in-depth analysis and side-by-side comparison of Blackjack Pizza vs Flippers Pizzeria including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
||
Investment | $168,300 - $392,300 | $219,750 - $450,000 |
Franchise Fee | $35,000 | $30,000 |
Royalty Fee | 3% | 5% |
Advertising Fee | - | 4% local+1%Nat'l |
Year Founded | 1983 | 1987 |
Year Franchised | 1988 | 2010 |
Term Of Agreement | 10 years | - |
Term Of Agreement | 10 years | - |
Renewal Fee | $1K | - |
Business Experience Requirements |
||
Experience | We request that potential franchisees have 25%-30% of the total investment in liquid capital, have a net worth to cover 100% of the total investment to open a Flippers franchise and good credit ratings. We would like for our franchisees to have restaurant experience and a strong passion for Flippers and its core values. Franchisees must also have a customer oriented attitude, a strong desire to succeed and grow, a great business sense and comprehension of the Flippers model. In addition you must have the ability to run all aspects of a business including employment, daily operations, and the ability to adhere to the Flippers franchises structure and standards. | |
Financing Options |
||
In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | No/Yes | -/- |
Start-up Costs | No/Yes | -/- |
Equipment | No/Yes | -/- |
Inventory | No/Yes | -/- |
Receivables | No/Yes | -/- |
Payroll | No/No | -/- |
Training & Support |
||
Training | Ongoing assistance & classroom training available | - |
Support | Newsletter, Meetings, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives | We provide you and a person of your choice with 80 hours of training at one of our Orlando, Florida pizzerias. We also provide grand opening support, including assisting you in readying your store, providing on-site training tailored to meet your needs. We then follow through with unparalleled on-going support throughout the terms of your agreement. |
Marketing | Co-op advertising, Ad slicks, Regional advertising | - |
Operations |
25% of all franchisees own more than one unit Number of employees needed to run franchised unit: 15 - 30
Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) | - |
Expansion Plans |
||
US Expansion | Yes | - |
Canada Expansion | No | - |
International Expansion | No | - |
Blackjack Pizza was founded in 1983 by Vince Schmuhl. After working several years for Dominos Pizza, the founder felt that there was plenty of room for competitors in the fast growing pizza delivery business. At that time, Dominos Pizza was the only major player in the pizza delivery business in the Rocky Mountain region and he felt that customers would really appreciate an alternative to Dominos Pizza. The first Blackjack Pizza store was opened on June 29, 1983 in Federal Heights, CO. The second store opened in Greeley, CO in February of 1984. Vince continued to open new stores, mainly in the Denver Metro Area. By 1986, there were six corporate owned stores and one franchisee in operation. In 1988, Blackjack officially became a franchisor using the concept of an owner/operator franchisee at each store location. Several corporate stores were sold to franchisees, and other franchisees were added to the system through conversions of independent operators who saw the value in being part of Blackjack Pizza. We have continued to add franchise outlets to the system under a policy of slow, controlled growth. There are 45 stores in operation in four states.
Flippers have been serving the perfect pizza since 1987 and now are inviting you to be part of our family through our franchise opportunity. Flippers' secret for success is dedicated, passionate team members focused on exceeding our customers' expectations and therefore consistently providing the highest level in Value and Service. Using the finest ingredients, a proven operational model, and an established brand provides you with a strong advantage in starting your own successful pizzeria. We will not only share with you our Passion for the perfect pizza, but through our extensive support and dedication to our franchisees, you share in our expertise through the support of our Professional team. From the site selection to layout and design to extensive training to daily operations to marketing support, we are here to assist and support our franchisees. Our philosophy is, "if our franchisees succeed, we succeed." As a Flippers franchisee, you are our brand partner. You benefit from proven quality, brand awareness, and customer loyalty - all results of the strong Flippers brand and our expanding franchise network. With over 30 years of proven success in the restaurant industry, we provide our franchisees with the expertise and know-how to run a successful pizzeria from day one! We look forward to discussing our opportunity in person and work with you to become part of our Flippers Pizzeria family.