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Updated RecentlyJet's Pizza vs Benny's Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Jet's Pizza vs Benny's 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 | $169,800 - $543,500 |
| Franchise Fee | $25,000 | $30,000 |
| Royalty Fee | 8%-10% | 5% |
| Advertising Fee | Up to 1% | 2% |
| Year Founded | 1978 | 2011 |
| Year Franchised | 1990 | 2019 |
| Term Of Agreement | 10 years | - |
| Term Of Agreement | 10 years | - |
| Renewal Fee | $2K | - |
Business Experience Requirements |
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| Experience | - | |
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 | - |
| 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 |
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| US Expansion | Yes | 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)
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
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#220 in Franchise 500 for 2020.
#340 in Franchise 500 for 2021.
About Benny's
!["Bennys]("https://fddexchange.com/wp-content/uploads/2020/07/Bennys.png")
Benny’s is quickly expanding and looking for people with the drive to achieve their own success story.
Franchising a Benny’s is an amazing opportunity to become tight
within your community, be part of an exciting and respected business,
and secure an impressive ROI.
The total investment necessary to begin operation of a franchised
Benny’s restaurant is $169,800 to $533,500. This includes $30,000 that
you must pay to the franchisor or their affiliate.
The franchisor primarily offers multi-unit franchises under which you agree to open and operate a specified number of Benny’s restaurants over an agreed period of time within a defined geographic area. If you sign a multi-unit agreement (covering three or more units), your total initial investment will be $179,800 to $543,500 plus $5,000 for each additional agreed unit after the third unit. This includes $40,000 plus $5,000 for each unit in your development schedule after the third unit that you must pay to the franchisor or their affiliate.
The franchisor primarily offers multi-unit franchises under which you agree to open and operate a specified number of Benny’s restaurants over an agreed period of time within a defined geographic area. If you sign a multi-unit agreement (covering three or more units), your total initial investment will be $179,800 to $543,500 plus $5,000 for each additional agreed unit after the third unit. This includes $40,000 plus $5,000 for each unit in your development schedule after the third unit that you must pay to the franchisor or their affiliate.