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Below is an in-depth analysis and side-by-side comparison of Jet's Pizza vs Freshslice Pizza including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $437,500 - $631,000 | $130,000 - $325,000 |
Franchise Fee | $25,000 | $50,000 |
Royalty Fee | 8%-10% | 0 |
Advertising Fee | Up to 1% | 0 |
Year Founded | 1978 | 1999 |
Year Franchised | 1990 | 2000 |
Term Of Agreement | 10 years | - |
Term Of Agreement | 10 years | - |
Renewal Fee | $2K | - |
Business Experience Requirements |
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Experience | - Be entrepreneurial. - Have management experience. - Process partnership mentality. - Have food or retail experience. - Be financially stable. - Be passionate about the Freshslice brand. |
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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/Yes | -/- |
Training & Support |
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Training | On-The-Job Training: 270 hours Classroom Training: 30 hours | The initial training is 15 days full time. The Training is held in one of our Training Stores. |
Support | Newsletter Meetings/Conventions Grand Opening Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform | - Business coach. - Buying power. - Marketing power. - Ongoing training. - Financing power. - Pre-opening support. |
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 |
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US Expansion | Yes | - |
Canada Expansion | No | - |
International Expansion | No | - |
Freshslice Franchise Blows Away The Competition! No Royalty fees forever! No Advertising fees forever! Before you think your eyes tricked you, you read the above information correctly.Freshslice's franchise really has NO royalty or advertising fees forever! This is one of the main reasons we grew from one location in 1999 to almost 80 today. # Comprehensive in-store training # Complete store set-up and new store opening assistance # Complete set of operations manuals # Complete accounting and accurate detailed reporting system # On-going operational support # On-going training for new product development and launches # Merchandising support and marketing programs Franchisees purchase dough from Freshslice at a considerable discount than from other suppliers. That is one of the main reasons we can offer such GREAT VALUE to the consumer. To discover how a Freshslice business can help you realize your financial goals faster and easier than most other businesses, go to http://www.freshslice.com/franchise/ and learn more.