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Below is an in-depth analysis and side-by-side comparison of Blackjack Pizza vs Boston's Restaurant & Sports Bar including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $168,300 - $392,300 | $600,000 - $3,057,500 |
Franchise Fee | $35,000 | $50,000 |
Royalty Fee | 3% | 5% |
Advertising Fee | - | - |
Year Founded | 1983 | 1964 |
Year Franchised | 1988 | 1978 |
Term Of Agreement | 10 years | - |
Term Of Agreement | 10 years | - |
Renewal Fee | $1K | - |
Business Experience Requirements |
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Experience | To be considered as a candidate for a Boston's franchise, you (or your partnership) must be able to demonstrate at least $1,500,000 in net worth and at least $600,000 in liquid capital to invest in this business. Conversion requirements may be less. | |
Financing Options |
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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 |
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Training | Ongoing assistance & classroom training available | Experienced trainers partner with the franchisees to offer ongoing individualized training and support. The team uses various training methods to increase knowledge around operations, functional roles within the restaurant, POS features and management fundamentals. |
Support | Newsletter, Meetings, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives | - |
Marketing | Co-op advertising, Ad slicks, Regional advertising | Franchisees will receive support on an individual and regional level in the form of highly targeted print and broadcast advertising, media buying, public relations and promotions. Field Marketing Managers support the franchisees with all marketing initiatives and help implement localized programs. |
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 |
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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.