How much does it cost to franchise a Jets pizza?
The franchise fee to open a Jet's Pizza restaurant is a low $20,000, with a total estimated startup investment ranging from $365,000 to $425,000. The Term of Agreement is 10 years, with a renewal fee of $2,000. A royalty fee of 8-10% of gross monthly receipts is paid to the company.
How much does a Jet's pizza franchise owner make?
The average franchise had total revenue of $1.34 million last year. Considering Jet's has a cheaper franchise fee, and the average revenue is $1.34 million, Jet's pizza is a high return option for people looking to open a franchise. To start, visit the Jet's Pizza website, and follow the prompts.
How much does a pizza franchise cost?
Opening a pizza franchise can cost anywhere from $25,000 to over $1 million, depending on locations of your franchise business and other factors. Most fall somewhere between $200,000 and $600,000.
Who is Jet's pizza owned by?
In 1985 the Jetts Party Shoppe ditched its original name, dropped a “t” and became Jet's Pizza. With dreams to grow the brand Eugene and John started, their cousins Jim and Jeff Galloway joined ownership in 1987. For Jet's, a lot has changed since opening that first party shoppe in 1978.
Which pizza franchise makes the most money?
Highest-Grossing Pizza Chains in the U.S.Domino's. U.S. sales: $12,252,100,000.Pizza Hut. U.S. sales: $12,034,000,000. ... Little Caesars Pizza. U.S. sales: $4,000,000,000. ... Papa John's International. U.S. sales: $3,695,000,000. ... 5. California Pizza Kitchen. U.S. sales: $840,000,000. ... Papa Murphy's International. ... Sbarro. ... Marco's Pizza. ... More items...•
What franchise is the most profitable?
Most Profitable FranchisesAnytime Fitness. Anytime Fitness is a popular gym brand with a low-cost investment and high revenue potential. ... McDonald's. McDonald's franchise program is one of the most established in the fast food industry. ... UPS Store. ... Jersey Mike's Subs. ... Dunkin' ... Sport Clips. ... 7-Eleven. ... Papa John's.
Is owning a pizza shop profitable?
A moderately successful pizza restaurant should expect to make a 15% profit, which is very strong in comparison with other restaurants.
Who is the biggest pizza company?
Domino's PizzaDomino's Pizza is the largest pizza company in the world, with more than 17,000 stores in 90 countries.
Is a pizza business a good investment?
Pizza shops can be a great investment for those looking to enter the food industry. The start-up costs are relatively low, and there is a large potential customer base. Pizza shops also have the potential to generate a good amount of repeat business.
Why is Jets pizza so good?
When people think “Deep Dish” they might think of a pizza with a thick, dense, & heavy crust. But what characterizes Jet's Detroit-Style pizza is a light airy center, loaded with toppings, surrounded by caramelized cheese and a crispy, square, golden crust that is baked to perfection.
How many jets pizza locations are there?
Jet's PizzaA Jet's Pizza store in Ypsilanti Township, MichiganFounderEugene and John JettsHeadquartersSterling Heights, Michigan, United StatesNumber of locations412Area servedUnited States9 more rows
What cheese does jets use?
MOZZARELLA CHEESECrusts. CAULIFLOWER, LOW MOISTURE MOZZARELLA CHEESE (PASTEURIZED MILK, CHEESE CULTURES, SALT, ENZYME), RICE FLOUR, EGG WHITES, RICE STARCH, FLAX MEAL, CONTAINS LESS THAN 2% OF THE FOLLOWING: CANE SUGAR, YEAST, SALT, CULTURED BROWN RICE, GARLIC POWDER, SPICES, BROWN RICE FLOUR, CITRIC ACID, LACTIC ACID.
How many jets pizzas are in Michigan?
Jet's PizzaA Jet's Pizza store in Ypsilanti Township, MichiganNumber of locations412Area servedUnited StatesProductsPizza Chicken Breadsticks Salads Sandwiches DessertRevenueUS$331 million (2019)9 more rows
How much does it cost for Domino's franchise?
Initial franchising fee: The Domino's initial franchise fee is $10,000 for building a new store or refranchising a closed store. Do note that Domino's sometimes charges a "reservation fee" of $25,000. The franchise disclosure document that you receive will have more details on this additional fee.
How many Jet's Pizza locations are there?
There are 418 Jets Pizza stores in the United States as of September 16, 2022. The state with the most number of Jets Pizza locations in the US is Michigan, with 163 stores, which is about 39% of all Jets Pizza stores in the US.
Where is Jet's Pizza corporate headquarters?
Sterling Heights, MIJet's Pizza / HeadquartersSterling Heights is a city in Macomb County of the U.S. state of Michigan, and one of Detroit's core suburbs. As of the 2020 Census, the city had a total population of 134,346. It is the second largest suburb in Metro Detroit, and the fourth largest city in Michigan. Wikipedia
When was Jet's Pizza founded?
Jet’s Pizza Franchise Opportunities – History. Jet’s Pizza was founded in 1978 by Eugene Jetts and his brother John Jetts, who opened their first restaurant in Sterling Heights, Michigan.
What is Capriotti's sandwich shop?
Capriotti's Sandwich Shop is known for its unique culture, family-friendly atmosphere, high-quality ingredients, and a commitment to delivering outstanding customer service. If you’re looking to own a restaurant franchise with a sound business model, a low investment, high ROI, and food you’re always proud to serve, Capriotti's is the perfect opportunity for you.
Is Jet's Pizza a franchise?
Jet's Pizza is listed in the Franchise Directory under the Food category. It's also listed in the section for Franchises Under $200,000 .
How much does a Jet's Pizza franchise make?
Franchise revenue depends on a wide range of factors, as does profit. How much money you can make from any franchise depends on a number of specific factors such as franchise location, labor costs, commercial lease rates and a number of other factors. Unlock this franchise for franchise-specific data and insight.
How many franchise locations do they have?
As of the 2020 Franchise Disclosure Document, there are 347 franchised Jet's Pizza locations in the USA.
What does it mean to find the best franchise?
Finding the best franchise means comparing several brands to determine the ideal fit for you.
Requirements for Franchising
When franchising a business, there are many things that you have to consider before coming to a final decision. Not every business opportunity is for everyone and Jet’s Pizza may not even be the best franchise business opportunity for you personally.
Take it to go
The pizza and the opportunity that is. Take this opportunity for franchising Jet’s Pizza and run with it! Because in my personal opinion it measures up to a decent standard when it comes to values and requireents.
Where was Jet's Pizza first opened?
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.
What is franchise fee?
What you need to know: Found in Item 5 of the FDD, this may be a flat fee, or may vary based on territory size, experience, or other factors.The franchise fee is an up-front (one-time) cost that a new franchisee pays to the franchisor.
What is franchise investment?
Definition: The total amount necessary to begin operation of the franchise. What you need to know: The initial investment includes the franchise fee, along with other startup expenses such as real estate, equipment, supplies, business licenses, and working capital.
How long is a franchise agreement?
10 years. Definition: The length of time your franchise agreement will last. What you need to know: Franchise terms are typically anywhere from 5 to 20 years in length, but are sometimes instead dependent on factors such as the term of your lease.
Do franchisors have in-house financing?
Some franchisors offer in-house financing, while others have relationships with third-party financing sources to which they refer qualified franchisees.
