Jet City Pizza Franchise
Friday, April 23, 2010 at 05:32PM Gourmet pizza, grinders, wings & ice cream
Start-up Costs & Franchises Fees
What is the total cost to open a Jet City Pizza Franchises?
Total Cost: $59,100-$258,300
Total Franchise Fees: $15,000 USD
Ongoing Royalty Fees: 4.5%
Ongoing Advertising Fees:
Term of Agreement: 10 years
Franchise Agreement Renewal Fee: $3K
Contact Information for Jet City Pizza
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Jet City Pizza |
Phone Number: (425)402-9673 |
Historical Expansion
In what year did Jet City Pizza begin operations? 1994
When did Jet City Pizza begin selling franchises? 1996
Year United States Canada International Corporate 2003 6 0 0 4 2002 6 0 0 4 2001 4 0 0 4 2000 3 0 0 4 1999 2 0 0 3
Future Expansion
United States: Arizona, California, Idaho, Nevada, Oregon, Washington,
Franchise Financing Information
Cost In House Financing Available? 3rd Party Financing Available? Franchise Fee No Yes Initial Start-up Capital No No Plant, Property, and Equipment No Yes Inventory Yes No Accounts Receivable No No Payroll No No 3rd Party Financing Available? Financing Source(s): GE Capital, Balboa Capital & JCP Food & Plant, Property, and Equipment
Other Sources for Financing: Tenant improvements
Training & Support
Support
In the Pressletter, Meetings, Grand opening support, Internet referrals, Safety and Security procedures, Field support and site evaluation, Purchasing cooperatives
Marketing
Cooperative advertising, Ad slicks, Regional advertising support
Franchise Operation Restrictions
75% of all franchise business owners own more than one franchise location.Number of employees needed to run franchised unit: 15
Absentee ownership of franchise is allowed. (100% of current franchise business owners are owner/operators)
Franchise Analyzer Professional's Inside Information
Can you buy this franchise for no money down? YesPlease note: You must download a free copy of Franchise Analyzer Professional to receive these benefits and so much more. Click here to download your FREE copy now.
What key terms in the franchise agreement can be negotiated? Cross-default provisions, arbitration clause, personal guarantee, default cure periods, non-compete agreement, favorable valuations for corporate buyout
Can you negotiate lower royalties during start-up? Yes
Can you purchase multiple franchises for a discounted franchise fee? Yes
Can you receive lower advertising fees? Yes
Will I know when the franchise break even? Yes
Will my personal assets including my home be safe in case my franchise business fails? Yes
Jason Rager | Comments Off | 



