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Jet's Pizza

2014 Franchise 500
#132
At a Glance

Products & Services: Pizza, subs, wings, salads

Number of Locations: 336

Total Investment: $370.7K - $541.5K

Founded: 1978

Began Franchising: 1990

About Jet's Pizza

Brothers Eugene and John Jetts opened the first Jet's Pizza in Sterling Heights, Michigan, in 1978. Franchising began in 1990. Each locations offers pizzas-- including Jet's signature deep-dish square pizza-- submarine sandwiches, salads and sides.

Franchise Units

Year U.S. Canadian International Company Owned
2014 310 0 0 26
2013 281 0 0 24
2012 239 0 0 17
2011 204 0 0 15
2010 180 0 0 12
Where Seeking Franchisees: Franchisor is seeking new franchise units in the following states:
Alaska, Alabama, Arkansas, Arizona, California, Colorado, Connecticut, Delaware, Florida, Georgia, Hawaii, Iowa, Idaho, Illinois, Indiana, Kansas, Kentucky, Louisiana, Massachusetts, Maryland, Maine, Michigan, Minnesota, Missouri, Mississippi, Montana, Midwest, Nebraska, North Carolina, North Dakota, New Hampshire, New Jersey, New Mexico, Nevada, New York, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode Island, South, South Carolina, South Dakota, Southeast, Tennessee, Texas, Utah, Virginia, Vermont, Washington, Wisconsin, West Virginia, Wyoming.
Direct Capital

Startup Costs, Ongoing Fees and Financing

Total Investment: $370,700 - $541,500
Franchise Fee: $20,000
Ongoing Royalty Fee: 4%
Term of Franchise Agreement: 10 years, renewable
Financial Requirements
Net Worth: $370,000
Liquid Cash Available: $200,000
Operations
10% 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).
Direct Capital
Financing Type In-House Third Party
Franchise Fee
Startup Costs
Equipment
Inventory
Accounts Receivable
Payroll

How This Franchise Supports Franchisees

Training: Available at headquarters: 4 weeks. At franchisee's location: 7 days.
Ongoing Support: Newsletter, Grand opening, Field operations/evaluations, Purchasing cooperatives
Marketing Support: Co-op advertising, Ad slicks,

Franchise Ranking History

Franchise 500®: #132 (2014), #146 (2013), #136 (2012), #145 (2011), #207 (2010),
Fastest-Growing: #67 (2014), #82 (2012), #94 (2011),

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