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Entrepreneur: Start & Grow Your Business

Ed & Joe's Restaurant & Pizzeria

Pizzeria

Background

Founded: 1961 Franchising since: 2004
17332 S. Oak Park Ave.
Tinley Park, Illinois 60477
Phone:
(708)532-3051


Franchisor is a privately-held company with 50 employee(s); 6 employee(s) in franchise department.

Franchise Growth
Year U.S. Franchises Canadian Franchises Foreign Franchises Company Owned
2006 0 0 0 1
2005 0 0 0 1

Where Seeking Franchisees
In the U.S. Midwest, United states

Costs and Fees

Total investment: $165K-540K
Franchise fee: $25K/45K
Ongoing royalty fee: 6%
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: $150K-400K
Cash liquidity requirement: $50K-100K

Operations
  • Number of employees needed to run franchised unit: 50 - 50
  • Absentee ownership of franchise is NOT allowed.

Training and Support

Training
  • Available at headquarters: 6 weeks
  • At franchisee's location: 6 weeks

Ongoing Support
  • Meetings
  • Grand opening
  • Security/safety procedures
  • Field operations/evaluations
  • Purchasing cooperatives

Marketing Support
  • Co-op advertising