Jet's Pizza vs My Friend's Place Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Jet's Pizza vs My Friend's Place including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees
 
Jet's Pizza Franchise
My Friend's Place Franchise
Investment $437,500 - $631,000$156,650 - $260,400
Franchise Fee $25,000$20,000
Royalty Fee 8%-10%5%
Advertising Fee Up to 1%1%
Year Founded 19781980
Year Franchised 19901980
Term Of Agreement 10 years-
Term Of Agreement 10 years-
Renewal Fee $2K-


Business Experience Requirements
 
Jet's Pizza Franchise
My Friend's Place Franchise
Experience
  • General business experience
  • Customer service & management skills
    		• -

    Financing Options
     
    Jet's Pizza Franchise
    My Friend's Place Franchise
      In-House/3rd PartyIn-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
     
    Jet's Pizza Franchise
    My Friend's Place Franchise
    Training On-The-Job Training: 270 hours Classroom Training: 30 hours 1. Headquarters 12 Business Days

    2. Franchisee Site 12 Business Days
    Support Newsletter Meetings/Conventions Grand Opening Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet PlatformField Operation Evaluation

    Field Training: At Additional Cost

    Initial Store Opening

    Inventory Control: At Additional Cost
    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)

    		Average Number of Employees: 2 Full-time, 2 Part-time

    Passive Ownership: Not Allowed

    Expansion Plans
     
    Jet's Pizza Franchise
    My Friend's Place Franchise
    US Expansion YesYes
    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
    "Entrepreneur
    #220 in Franchise 500 for 2020.
    #340 in Franchise 500 for 2021.





    About My Friend's Place

    A quality franchise opportunity for your financial independence and future. Our restaurants cater to the quality-oriented customer interested in a quick, yet light and healthy lunch, specializing in sandwiches, salads, soups and home-made desserts. MY FRIEND'S PLACE is a 'Fresh Food Express!'