#136
At a Glance
Products & Services: Pizza, subs, wings, salads
Number of Locations: 219
Total Investment: $365K - 425K
Founded: 1978
Began Franchising: 1990
Private Owned
About Jet's Pizza
Based in Sterling Heights, Michigan, Jet's Pizza was founded in 1978 and began franchising in 1990.Franchise Units
| Year | U.S. | Canadian | International | Company Owned |
| 2011 | 204 | 0 | 0 | 15 |
| 2010 | 180 | 0 | 0 | 12 |
| 2009 | 159 | 0 | 0 | 11 |
| 2008 | 150 | 0 | 0 | 11 |
Where Seeking Franchisees: Franchisor is seeking new franchise units throughout the U.S.
Startup Costs, Ongoing Fees and Financing
Total Investment: $365,000 - $425,000
Franchise Fee: $20,000
Ongoing Royalty Fee: 8-10%
Term of Franchise Agreement: 10 years, renewable
Franchise Fee: $20,000
Ongoing Royalty Fee: 8-10%
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).| 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,