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Entrepreneur: Start & Grow Your Business

Jet's Pizza

Pizza, subs, salads

Background

Founded: 1978 Franchising since: 1990
Based in Sterling Heights, Michigan, Jet's Pizza was founded in 1978 and began franchising in 1990.
37501 Mound Rd.
Sterling Heights, Michigan 48310
Phone:
(586)268-5870


Franchisor has 8 employee(s); 5 employee(s) in franchise department.

Franchise Growth
Year U.S. Franchises Canadian Franchises Foreign Franchises Company Owned
2009 159 0 0 11
2008 150 0 0 11
2007 126 0 0 11
2006 115 0 0 11
2005 98 0 0 12

Where Seeking Franchisees
In the U.S. 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, Nebraska, North carolina, North dakota, New hampshire, New jersey, New mexico, Nevada, New york, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode island, South carolina, South dakota, Tennessee, Texas, Utah, Virginia, Vermont, Washington, Wisconsin, West virginia, Wyoming

Exclusive territories available.

Costs and Fees

Total investment: $285K
Franchise fee: $20K
Ongoing royalty fee: 4%
Term of agreement: 10 years, renewable


Type of Financing Available
In-House Third Party
Franchise Fee No No
Startup Costs No No
Equipment No No
Inventory No No
Accounts Receivable No No
Payroll No No

Qualifications
Net worth requirement: $285K
Cash liquidity requirement: $150K
Business Experience:
  • Industry experience
  • General business experience
  • Customer service & management skills

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)

Training and Support

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

Rankings

Franchise 500® rank:
#212 (2008); #285 (2007); #359 (2006);