Jet’s Pizza Franchise In USA Cost, Profit, How to Apply, Requirement, Investment, Review | SkillsAndTechSkillsandTech | June 5, 2022 |
The pizza business is a billion dollar industry: $46.24 billion in 2020 to be exact. In fact, a survey conducted by CiCi’s Pizza found 33% of respondants eat pizza at least once per week.
If you’re looking for a pizza chain to franchise and if you’re eyeing something different than the usual suspects, check out Jet’s Pizza. For 40 years, they’ve been known for their unique square-sized Detroit-style pizzas that customer come to for deep dish goodness.
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Jet’s Pizza Franchise In USA Wiki
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Jet’s Pizza’s origins can be traced back to 1978 where brothers Eugene and John Jetts opened their first pizzeria in Sterling Heights, Michigan. They called it Jetts Party Shoppe and Pizzeria where they started selling deep dish pizzas, beer, wine, chicken, and seafood. 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 Jet’s instead. This then grew into 390 locations all around the United States.
The current menu that Jet’s Pizza has includes pizza, chicken wings, salads, classic sub sandwiches, and desserts that include cinnamon sticks, chocolate chip cookie pizza as well as their brownie pizza.
Customers come for the unique pizza crusts that the company offers. They have their classic square cut Detroit-style deep dish pizzas, round hand tossed ones, wafer-thin crusts, and New York style. For those with dietary restrictions, Jet’s Pizza also offers cauliflower crust pizzas and gluten-free ones. There’s literally something for everyone here.
Jet’s Pizza Franchise In USA Benefits
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There are a lot of advantages you can expect when franchising Jet’s Pizza in your area. Here are a few of them.
The menu at Jet’s Pizza offers customers a wide variety of items to choose from. As mentioned above, they already have options for customers to choose their crusts. But they can also “flavorize” their crust which not many pizza places do. Crust flavors vary from butter, Cajun, garlic, parmesan, poppy seed, romano, and sesame seed.
One might just think this is a small thing but this option can capture customers who find crusts boring and wish to turn them into something flavorful. A unique crust is one way that you can stand out.
The Classic Vibe
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Jet’s Pizza has been around for more than 40 years and being in the industry this long means that they have a business model that works. Not to mention, they still use the same secret recipe they’ve used through the years and still continue making pizzas with fresh ingredients. This restaurant has proven profitability in economic booms and recessionary cycles alike.
Did you know you can convert an existing pizzeria into a Jet’s Pizza location? According to one of their answers in their FAQ’s page, you will be able to do so. This is a unique advantage because it allows you to take over an existing business location with an established customer base and transform it into a Jet’s Pizza. Reach out to the company see if the location you are eyeing has potential. The equipment and the look will need to change so be prepared for renovations before reaching out.
This pizza chain also allow partnerships if you wish to run a Jet’s Pizza with a friend or family member.
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Jet’s Pizza unveiled their loyalty program last September 2020 where upon signing up and ordering more than $10 will get customers points in which they could use to claim complimentary features such as Free Delivery or an item. A loyalty program can greatly help businesses get their customers to keep coming back for more.
Challenges of a Jet’s Pizza Franchise
All businesses will have their set of challenges. These are the ones you can expect from Jet’s Pizza.
No Global Presence
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We’re not sure why Jet’s Pizza hasn’t branched out worldwide yet despite being in business for over 40 years. But whatever the reason, we hope that they would consider it soon since Jet’s Pizza seems like they have the potential to be enjoyed by people around the world. But the fact is this company does not have the brand awareness or penetration of other global pizza businesses. Depending on where you open the store, many people will have never heard of you.
Does Not Offer Financing
Jet’s Pizza does not offer financing but they do have connections with a Network of Lenders which they can hook you up with to help you in acquiring the loan you need to get your franchise. If you have a strong credit history and meet the financial qualifications, you should have good chances of securing financing.
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Jet’s Pizza has fairly good reviews from customers and franchisees but employee reviews from Glassdoor says that that some of the cons of working for Jet’s is that they offer “low pay for such a demanding position” and that the base pay is minimum wage. This is not an uncommon complain from employees in the restaurant industry. Additionally, if the company can’t pay employees above minimum wage, it may be challenging to find talent given the labor shortage.
Jet’s Pizza Franchise In USA Cost
You can expect the investment to be around $600,000 to $750,000 with a franchise fee of $25,000. To franchise this pizza chain, you’ll need a minimum liquid capital of $500,000 and a minimum net worth of $500,000.
|Fees / Expenses||Financial Amount|
|Total Investment||$350,000 to $1,500,000|
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This is highly confidential information. Because this company had not disclosed it. You can only know about this after applying for the franchise. All this will be discussed when the basic criteria are met and fulfilled. You can know the procedure as follows.
Jet’s Pizza Franchise In USA Profit
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.
Jet’s Pizza revenue has reached millions. The company generated revenues $343 million in 2021. This was an increase in sales by 3.5% from the previous year.
While the total revenue of a Jet’s Pizza is far behind larger chains like Pizza Hut this is to be expected since the company has far fewer units. The average revenue per units of a Jet’s Pizza was $895,561 annually based on 2020 estimates.
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How to Apply For Jet’s Pizza Franchise In USA
To get the franchise first you have to fill the form. Then the company officials will contact you for further details. After that you you can open this franchise.
Jet’s Pizza Franchise In USA Contact details
Is it profitable or not?
Ans: It is fast moving products, so there is fewer margins but your sale is too high. So, obviously you can make more profit from this business.
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So far we have shared the basics for this franchise. It is the most profitable franchise. You will never doubt your decision to start this franchise. Go ahead and achieve your goal. If you find more information please feel free to share with us. Share your thoughts and we will definitely contact you with new franchise and opportunities. Stay Tuned for more franchise. Thank you
Disclaimer: The information given in this article like investment may vary from place to place, so we are not sure about the investment part.
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