|
Below is an in-depth analysis and side-by-side comparison of Jet's Pizza vs Saladarity including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
||
Investment | $437,500 - $631,000 | $355,875 - $469,275 |
Franchise Fee | $25,000 | $30,000 |
Royalty Fee | 8%-10% | - |
Advertising Fee | Up to 1% | - |
Year Founded | 1978 | 2003 |
Year Franchised | 1990 | 2012 |
Term Of Agreement | 10 years | - |
Term Of Agreement | 10 years | - |
Renewal Fee | $2K | - |
Business Experience Requirements |
||
Experience | - | |
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 | Yes |
Canada Expansion | No | - |
International Expansion | No | - |
Green Fine Salad Co., a Denver-based company opened its third
local location in April, 2014 at 707 Seventeenth Street -- but this outpost
will have another name: Saladarity. This new prototype is trademarked. "Green
Fine Salad is a name we couldn't protect, so we came up with Saladarity,
which we have trademarked," says founder Gerry Weber.