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Jet's Pizza
Jet’s Pizza is the seventeenth largest pizza chain in the nation with more than 200 locations. The pizza restaurant brand has become famous, in particular, their signature deep-dish square pizza, the menu item that differentiates Jet from other pizzerias. But Jet’s serves more than just pizza, with a menu full of satisfying submarine sandwiches, scrumptious salads, and a list of savory sides, like wings and cheesy bread plates. Jet uses only the highest quality ingredients in its dishes, and the brand has built its solid reputation on consistency in customer satisfaction. More about the cost of owning a Jet’s Pizza franchise is below.
Facts & figures
Jet’s Pizza, which was founded in 1978, has been franchising since 1990 and has grown to more than 200 franchises throughout several U.S. states. With its expansion, Jet’s Pizza has implemented strong guidelines and business secrets that helped assure franchises’ success. Each Jet’s Pizza franchise uses business criteria that have been tested and proven in boosting every Jet’s Pizza franchise location to the consistency demanded by corporation standards. At Jet’s the philosophy is simple: ‘Pizza should be fun,’ says John Jetts, who opened the first Jet’s Pizza with his brother Eugene. ‘If you’re eating one of our pizzas and you don’t have a smile on your face, then something is wrong.’ Jet’s seeks franchise owners who will be committed to the business, and who will be present at the location on a daily basis, interacting with customers and employees with friendly personalities and excellence in service.
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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. Fourteen years later, the Jetts brothers formed a corporation called Jet’s America, with business partners Jim Galloway, Jr., and Jeff Galloway, with several Jet’s Pizza locations. Since it began franchising in 1990, the Jet’s Pizza corporation has expanded to more than 200 locations in Michigan, Alabama, Florida, Georgia, Illinois, Indiana, Kentucky, Minnesota, North Carolina, Ohio, Tennessee, Texas, and Wisconsin.
How Much Does A Jet’s Pizza Franchise Cost?
Income
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 the 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. Jet’s Pizza reported sales of about $163 million in 2011.
Jet’s Pizza Franchise Business Opportunities: Other Information
With the slogan, ‘Life is short. Eat better pizza,’ Jet’s Pizza has garnered numerous accolades, regularly receiving ‘Reader’s Choice awards, and being named a ‘Top 100 Company’ in the annual Pizza Today report, as well as being listed on the ‘Top 500 Franchise’ list by Entrepreneur Magazine.
