Jet's Pizza vs The Loop Pizza Grill Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Jet's Pizza vs The Loop Pizza Grill including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
Investment |
$437,500 - $631,000 | $525,000 - $900,000 |
Franchise Fee |
$25,000 | $30,000 |
Royalty Fee |
8%-10% | - |
Advertising Fee |
Up to 1% | - |
Year Founded |
1978 | 1981 |
Year Franchised |
1990 | 1990 |
Term Of Agreement |
10 years | - |
Term Of Agreement |
10 years | - |
Renewal Fee |
$2K | - |
Business Experience Requirements |
Experience |
General business experience Customer service & management skills | - |
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/Yes | -/- |
Training & Support |
Training |
On-The-Job Training: 270 hours
Classroom Training: 30 hours
| - |
Support |
Newsletter
Meetings/Conventions
Grand Opening
Security/Safety Procedures
Field Operations
Site Selection
Proprietary Software
Franchisee Intranet Platform | - |
Marketing |
Co-op Advertising
Ad Templates
Regional Advertising
Social media
SEO
Website development
Email marketing | - |
Operations |
International franchisees required to buy multiple units/master licenses; 0% of all franchisees own more than one unit Number of employees needed to run franchised unit: 15
Absentee ownership of franchise is NOT allowed. (99% of current franchisees are owner/operators) | - |
Expansion Plans |
US Expansion |
Yes | - |
Canada Expansion |
No | - |
International Expansion |
No | - |
Company Overviews
About Jet's Pizza
Based in Sterling Heights, Michigan, Jet's Pizza was founded in 1978 and began franchising in 1990.
Jet’s Pizza® regularly receives “Best of the Best” and “Reader’s Choice” awards. Pizza Today magazine named Jet’s Pizza® as the eighteenth largest pizza chain in the nation in its “Top 100 Company” report (Pizza Today, 2010). Entrepreneur Magazine has consistently ranked Jet’s Pizza® as a “Top 500 Franchise,” opportunity (Entrepreneur, 2010). Jet’s Pizza® has rapidly risen through the ranks to become the twelfth largest pizza chain in the nation, by sales (PMQ, 2016), with over 400 locations and plans for rapid future growth. While the quality and taste of the food is number one for Jet’s Pizza®, there is also a simple belief throughout the company; “Pizza should be fun,” says John Jetts. “You’ll always have a smile on your face when you’re eating a Jet’s pizza®.” That fun attitude can be summed up in the company’s simple slogan says Jetts, “Life is short. Eat better pizza®. Let’s Get Jet’s®!”
That is something that Jet’s Pizza® is betting that people across the nation will agree with. They’ve found that it’s working so far.
Franchise Ranking History
Franchise 500: #132 (2014), #146 (2013), #136 (2012), #145 (2011), #207 (2010),
Fastest-Growing: #67 (2014), #82 (2012), #94 (2011)
Veteran Incentives 50% off franchise fee or area development fee
#220 in Franchise 500 for 2020.
#340 in Franchise 500 for 2021.
About The Loop Pizza Grill
The Loop Pizza Grill is a neighborhood fast-casual restaurant that
offers the quality and atmosphere of a full-service dining
establishment. As a pioneer of the fast-casual segment for 30 years, The
Loop Pizza Grill was one of the first restaurants to offer a variety of
made-to-order fresh foods in an upscale environment. The Loop serves a
variety of signature pizzas, burgers, salads, sandwiches and hand-dipped
milkshakes. Open for lunch and dinner, the average sales volume per
restaurant is $1.2 million, with guest checks averaging $10. Based in
Jacksonville, Fla., The Loop Pizza Grill was founded by Mike and Terry
Schneider in 1981 as a 60-seat restaurant.
The franchise fee for a single LOOP franchise is $30,000. The fee is payable in two phases: $15,000 at the execution of the agreement, and $15,000 when a lease is signed or training begins.