Happy Joe's
Pizza, pasta, sandwiches, salads, frozen yogurt
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About
Founded

1972

Franchising Since

1973 (46 Years)

Corporate Address

2705 Happy Joe Dr., #I
Bettendorf, IA 52722

CEO

James Smith

Financial Requirements
Initial Investment

$189,000 - $1,096,625

Net-worth Requirement

$300,000 - $500,000

Liquid Cash Requirement

$100,000 - $300,000

Ongoing Fees
Initial Franchise Fee

$25,000 - $30,000

Ongoing Royalty Fee

4.5-5%

Ad Royalty Fee

1.5%

Support Options
Ongoing Support

Purchasing Co-ops

Newsletter

Meetings/Conventions

Grand Opening

Online Support

Security/Safety Procedures

Field Operations

Site Selection

Proprietary Software

Marketing Support

Co-op Advertising

Ad Templates

Regional Advertising

Social media

Website development

Email marketing

Loyalty program/app

On-The-Job Training:

300 hours

Classroom Training:

40 hours

Absentee Ownership Allowed
Number of Employees Required to Run:

45

Bio
Lawrence Joseph Whitty had worked in the bakery business for years before becoming an assistant manager at a Shakey’s pizzeria. He decided to combine his baking skills with the experience he had gained from working at a pizza restaurant, where he would often hear families decide to go out for ice cream for dessert. Combining pizza and ice cream, Whitty opened the first Happy Joe’s Pizza & Ice Cream Parlor in East Davenport, Iowa, in 1972. His signature item was the Happy Joe’s Special, a pizza with Canadian bacon and sauerkraut that Whitty created from leftovers in his mother’s kitchen. After a franchisee suggested adding tacos to the menu, Whitty created the restaurant’s best-selling product, the Taco Pizza.
Cost
Initial Investment: Low - $189,000 High - $1,096,625
Units
-4.0%-2 UNITS (1 Year) -11.1%-6 UNITS (3 Years)

Units (Locations)

Where Seeking Franchisees:

Franchisor is seeking new franchise units in the following regions/states:
Alaska, Alabama, Arkansas, Arizona, Colorado, Connecticut, Delaware, Florida, Georgia, Iowa, Idaho, Illinois, Kansas, Kentucky, Louisiana, Massachusetts, Maine, Minnesota, Missouri, Mississippi, Montana, Nebraska, North Carolina, North Dakota, New Hampshire, New Jersey, New Mexico, Nevada, Ohio, Oklahoma, Pennsylvania, South Carolina, Tennessee, Texas, Utah, Vermont, Wisconsin, West Virginia, Wyoming
Franchise Financing
Using 401(K)/IRA Funds
  • Tax Penalty-Free
  • Debt Free
  • Expert Guidance
Learn More

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Disclaimer

The Franchise 500 is not intended to endorse, advertise, or recommend any particular franchise. It is solely a research tool you can use to compare franchise operations. Entrepreneur stresses that you should always conduct your own independent investigation before investing money in a franchise.
Updated: October 23rd, 2018