Official Jets Pizza Franchise Agreement &other franchisee contracts. include advertising, royalty, and potential renewal fees. Jet's Pizza reported sales of about $163 million in 2011. Jets offers more than famous Detroit-style pizzas, like hand-tossed round, thin-crust, and NY Style pizzas, fresh salads, breads, and desserts. 22 EBT-Friendly National Fast-Food Restaurants Accepting SNAP, 510+ (Best & Worst) Tanning Salon Name Ideas to Consider, MOD Pizza Menu Prices + Free No Name Cake Offer (2023), Penn Station Menu Prices + BOGO Sub Offer (2023), Baskin Robbins Menu Prices + Free Scoop Offer (2023), Completed Franchise Application and Personal Finance Statement (PFS), Review Franchise Disclosure Document (FDD) and submit signed receipt. MOD Pizza Franchise Fee: $30,000 5. Jet's Pizza is an American pizza franchise restaurant that was founded in 1978 in Sterling Heights, Michigan, and it operates primarily in the state of Michigan. To not fall further behind Dominos, the company recently announced it would close about 500 dine-in locations to better focus on the more popular delivery and carryout segment. [2] The Jetts later opened more locations and formed Jet's America Inc. with their cousins, Jim Galloway, Jr. and Jeff Galloway in 1992. Check for more information. Please subscribe to continue reading Read restaurant news at go.madison.com/restaurantnews 0 Comments Tags Samara Kalk Derby Dining Crust flavors vary from butter, Cajun, garlic, parmesan, poppy seed, romano, and sesame seed. Copyright 1999-2023 TheFranchiseMall.com. Read our TRAINING Many brands charge training fees, we dont. If you do choose to open up a Cicis, you can do so by filling out the form on CicisJoin the Familypage. Franchisees are small business owners who are the sole employers for their own Jets Pizza locations, and are solely responsible for compliance with all applicable laws, including employment laws . Jet's Pizza Founded in: 1978 Franchising since: 1990 Franchise units: 351 Initial investment: $457,500 - $651,000 Royalty Fees: 8-10% Jet's America, Inc. (doing business as Jet's Pizza) is an American pizza franchise restaurant. Franchise Fee. We promise not to send you any spam mail. For 40 years, theyve been known for their unique square-sized Detroit-style pizzas that customer come to for deep dish goodness. helped assure franchises success. Both single and multi-unit franchises for a pizza restaurant are available. Heres what you need to know if youre interested in opening a Jet's Pizza franchise. The total initial investment ranges from $383,780 to $528,330. Legal Disclaimer: This information is not a franchise offering Almost all of Jets Pizzas locations are operated by franchisees. The owners made $343,000,000 in 2021 from 383 locations amounting to an AUV of $895,561. If you have the financial means to franchise Jets Pizza and you love Detroit-style pizza this could be the right business opportunity for you. FranchiseHelp offers franchise consultants a unique lead buying experience. Compare where Jet's Pizza landed on this years Franchise 500 Ranking versus previous years. Papa John's Franchise Fee: $25,000 9. owner jets pizza 1986 - Present 37 years. This includes the initial $15,000 $20,000 franchise fee. Not Sure What Franchise to Start? Jets Pizza, which was founded in 1978, has been franchising since 1990 and Pizza Hut has a good reputation for taking care of its employees and store owners. An initial investment to start a franchise ranges from $239,000 to $472,000. is listed in the They have their classic square cut Detroit-style deep dish pizzas, round hand tossed ones, wafer-thin crusts, and New York style. [6], Jet's is known for its square deep-dish Detroit-style pizza, including the 8-corner pizza which the company has trademarked. To open a Papa Johns restaurant, potential franchisees must have at least $250,000 in net worth and have the ability to obtain financing of up to $275,000. Dominosis the king of pizza, both in terms of global sales ($13.5 billion) and the number of locations (over 17,000). Are these lower numbers worth a strong community within the company? [1] The original location was converted from a vacant party store into a restaurant. Have questions? Jet's America, Inc. (doing business as Jet's Pizza) is an American pizza franchise restaurant. Franchisees should have at least $75,000 in liquid cash available and must have a net worth of at least $250,000. Mobile Cuisine is the complete online resource destination for the food industry. If you move forward with opening a Jet's Pizza franchise, you will participate in training on operating and opening your franchise. The company was founded by Italian immigrant Pasquale Pat Giammarco and is the only major American pizza chain to be started by a native Italian. Jets Pizza revenue has reached millions. The initial franchise fee is up to $30,000 per restaurant. Subscribe to our newsletters and keep up-to-date with the latest news in the franchise industry. Current franchisees may be able to offer personalized insights into what it is like owning a Jets Pizza franchise and offer tips to running a successful Jets Pizza franchise location. As part of your due diligence, you may want to speak to existing franchisees and ask the With the opening of a pizzeria and plans for a pierogi fast casual franchise, Chrusciki Bakery owner Ania Duchon realizes she . Several reports show that an annual salary range between $107,000 to $116,000 can be expected. Little Caesars This lower revenue not only comes with a higher initial investment but also has limited publicly available information. The first franchise location was opened in 1990. To start, visit the Jets Pizzawebsite, and follow the prompts. If so, fill out the form on MODswebsiteto open a franchise. Founded in 1978, Jets Pizza specializes in Pizza, subs, salads, breads, wings, dessert. The popularity of their pizzeria has made them decide to franchise in 1990 and took one t down from the name to turn it into Jets instead. in more than 15 states. Jet's expects this number to continue to grow as text to order becomes more widely available across the franchise and as more locations open doors in 2022. The normal franchise fee is $25,000. Filter your search by startup capital required. Classroom Training: 30 hours Jets Pizza offers 275 hours on the job training, 25 hours classroom training, and No additional training. Jets Pizza has gone digital! Location to location and seasons the months costs may vary. Oftentimes, you can reach out to current franchisees of Jets Pizza online. The 400 th store is in the neighborhood of Jefferson. Also, the quality of management and service at your Franchised Store are major factors. Recently ranked Number 1 in the Category, Baya Bar is poised for massive growth in 2023. Privacy Policy. An initial franchise fee of $25,000 is in place through the total initial investment ranges from $119,950 to $461,700. you will have on-site training for multiple weeks. The number of locations has grown rapidly to the current total of 433 locations in 28 states and the United Kingdom. Fill out the form below to get more information about Jet's Pizza franchise and we'll be in touch soon! This is pretty low, especially if youre going to have a difficult time finding accurate information about the company. JET'S PIZZA Franchise Owners List Names, phone numbers and addresses of current and former JET'S PIZZA franchisees. Wednesday, March 01, 20238:21:12 PM - 1676 Users Online, The estimated investment required to open a, Entrepreneur Magazine has consistently ranked, While the quality and taste of the food is number one for, Pizza should be fun, says John Jetts. A professional company with 23 years of experience, HealthyYOU Vending offers investors the opportunity to build a business in the respected and expanding space of health and wellness offerings. The Food and Beverage industry in the USA accounts for 13% of all manufacturing employment in the country. At the moment we can not connect you to the representative of this franchise. This averages out to just over $600,000 in total revenue per each franchise location. New FDD Document for JET'S PIZZA franchises. A unique crust is one way that you can stand out. _____________________________________________________. New FDD Document for JETS PIZZA franchises. CONSTRUCTION Jets Pizza takes a hands-on approach during the construction process for every franchisee. Have another you think we should add to the list of best pizza franchises? Jet's Pizza is based in Sterling Heights, Michigan. If youre serious about making some money and have a lot of it to spend, Papa Johns is a potential company you want to franchise with. 1% of your gross sales are allocated for national marketing and 5% for local marketing. RE: Jet's Pizza Franchise-Profitable-1 Owner 10 Years Broker: Steve Josovitz. This franchise competes in the Food and Beverage market against big brand companies such as, The estimated total investment necessary to begin the operation of a, The following costs are part of the upfront costs included in the. Ongoing Royalty Fee: 8 - 10% We had never, Jessika L. said: The other day we ordered fish and chips and a couple canolli for, Dante S. said: The subs were pretty good. MOD Pizza is known for its artisan pizzas with 3-minute bake times in 800-degree ovens. We reviewed the larger franchise industry as well as selling price multiples for larger systems where more transaction data is available. and you dont have a smile on your face, then something is wrong. Jets seeks incorrect data. Pizza Hutwas founded in 1958 and started franchising in 1959. Once you pass this, youll be given the following documents to review and sign: After this step, another interview will commence regarding site development, business plan, and training requirements. They, Jon F. said: We don't come here very often, but I kinda feel like we should. Some franchises may have a weekly fee that the franchisee pays for operating a Jets Pizza franchise. Food & Beverage: Restaurants, Fast Food, Deli. Vegetables tasted fresh. We use data, technology, and automation to improve our lead products both in the US & Internationally. Cicis Pizza Franchise fee is $30,000 (and $25,00 for each subsequent restaurant), although the total initial investment ranges from $446,000 to $715,000. What you need to know: This may also be called advertising fee, marketing fee, brand fund fee, and more, but the basic purpose is the same-- to support promotion of the brand systemwide. The ongoing royalty fee is 5% of gross sales and the advertising fee is 3% of gross sales. Marcos Pizza Franchise fee is $25,000 with a potential $10,000 $25,000 off the franchise fee for veterans or persons with service-related disabilities. Here are some of the most affordable pizza franchises based on franchise fees charged to franchisees. Were not sure why Jets Pizza hasnt branched out worldwide yet despite being in business for over 40 years. Call us direct at (855) 822-0912, Franchise Agreement &other franchisee contracts, Rated Excellent on TrustPilot with feedback from 50+ customers, Franchise Due Diligence Research Report for JETS PIZZA. This Uniform Franchise Disclosure Document Report includes the JETS PIZZA franchise agreements, JETS PIZZA executive business experience + much more. One Owner Ten Years. We will help you schedule and train employees. Here's how franchisees can tap into consumer behaviors using strategic messaging and offers that speak to clients wants and needs. Contact us to unlock your franchise's page to add content and get leads! For over 40 years, we've been making our pizzas with Mamma Jett's secret recipe sauce, preparing dough daily, and hand-grating premium mozzarella cheese. In fact, a survey conducted by CiCis Pizza found 33% of respondants eat pizza at least once per week. Request a free consultation with a Franchise Advisor now. Many of these are one-time fees that are needed to launch the franchise. That first Jet location has since grown to more than 400 locations in 20 states. The Jets Pizza concept of franchising began in 1990 and has grown to more than 100 franchises throughout Michigan and Florida. TrainingOn-The-Job Training: 270 hoursClassroom Training: 30 hours, SupportNewsletterMeetings/Conventions Grand Opening Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform, MarketingCo-op AdvertisingAd TemplatesRegional AdvertisingSocial mediaSEOWebsite developmentEmail marketing, International franchisees required to buy multiple units/master licenses; 0% of all franchisees own more than one unit, Number of employees needed to run franchised unit: 15, Absentee ownership of franchise is NOT allowed. Definition: The length of time your franchise agreement will last. Entrepreneur and its related marks are registered trademarks of Entrepreneur Media Inc. Coffee, tea, pastries, sandwiches, salads. There is not much official information on how much profit does Jets Pizza makes. All of our pizzas are made with only the freshest ingredients, premium mozzarella, hand pressed dough made fresh everyday & baked in steel pans for a crispy cheesy to the edge crunch. Additionally, franchisees must pay the company an ongoing royalty fee of 6% on all sales, as well as an additional 3% to be applied toward national advertising efforts. In addition to its well-known catch-phrase of Pizza! Customers can also request seasonings added to the crust, such as Cajun or garlic. The menu at Jets Pizza offers customers a wide variety of items to choose from. The initial franchise fee is $25,000. As any other franchise may include rent/mortgage, staffing/family, inventory supplies, utilities, administrative costs vise vera. By Tracey Drury. Take Our 7-Minute Franchise Business Quiz! Specialties: Jet's Pizza is known for its Detroit-style pizza, those crispy, crunchy, cheesy to the edge, ridiculously delicious golden-crust square slices. Little Caesars Pizza: $20,000. The numbers and supporting information regarding Cicis and the amount of money they make can be difficult to find and misleading. But they can also flavorize their crust which not many pizza places do. of gross monthly receipts is paid to the company. HealthyYOU Vending combines the time-tested delivery channel of automatic merchandising vending machines with an under-represented segment offering healthy snacks and drinks. Read our privacy policy for more information. They were about to make deep dish history by offering a truly, better pizza. As of 2017, Jet's Pizza had 312 franchises and 24 company-owned locations in 20 states. Total Investment. Jet's Pizza National Franchise for Sale - Johns Creek, GA. The closest estimate I can give you is to look at the pizza industry averages. According to Papa Murphys, more than 1,500 franchises average $586,229 in annual net sales, with the top third averaging $870,188. A curated list of franchise-related news articles by the FranchiseHelp team. Estimated Selling Price = Net Sales * 0.55, While this may be the business for you, make sure also to check out other companies offered on, Franchise Disclosure Document (FDD) Database. This is significantly lower than the midpoint investment of $675,000. If you're craving a Detroit-style Deep Dish, try our 8-Corner pizza. Marcos Pizzawas recently named Pizza Chain of the Year in aHarris Poll EquiTrendsurvey of more than 77,000 people. Definition: An exclusive territory is a fixed area in which you are given the right to operate and in which no other units of the same franchise may be opened. Heres what you need to know if youre interested in opening a Jet 's )! How franchisees can tap into consumer behaviors using strategic messaging and offers that speak to clients wants and.... Of Jefferson could be the right business opportunity for you healthy snacks and drinks sandwiches, salads breads. 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