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We insist that this be a low-pressure decision. Your first
step is easy: Just arrange a tour with us. We want you to see
a typical Jake's franchise in operation, put yourself in the owner's
shoes, and decide if this is the right place for you. We'll introduce
you to the Jake's family, and thoroughly explain what you'll need
and what we can offer you.
Upon signing a franchise agreement, you're about 50 days from selling your first pizza. But we won't leave you unprepared-You'll enter our proven training program, which begins with two weeks of intensive training in a closed classroom environment at our Addison facility.
From there, you'll move into "battle conditions" a stint in one of our company-owned stores where you'll receive invaluable on-the-job training. Once you've graduated to your own store, company personnel will work with you to ensure you get off on the right foot.
"My parents had a Jake's franchise, so I've been around the business since I was 13. I opened my own store in 1991. The thing about Jake's is they're always open to my opinions and ideas they've always respected my input. I even assisted in their new store design. "From listening to other people's franchise stories, sometimes they don't even know who their president is. But everybody knows Jake. I like Jake, and the company is great. "As long as you're willing to put in the time and give it the attention it needs, a franchise can become very profitable. My parents' franchise supported four kids, and I know my franchise can support my family. I'm proud of this business." |
Q: What
is the approximate cost of a Jake's Pizza franchise?
A: The costs
will vary depending on several factors such as the size of the
unit, the location of the unit, the extent of leasehold improvements
that may be necessary, the equipment needed, etc. A general range
is as follows:
·Initial Franchise Fee
·Leasehold Improvements
·Fixtures, Furniture, Equipment & Signs
·Opening Inventory and Supplies
·Prepaid Expenses and Deposits, including insurance, lease and utility deposits
·Grand Opening Promotional Expense ·Working Capital to cover local permits and licenses, payroll, training, uniforms, etc.
|
$15,000
$36,000-$150,000
$44,000-$95,000
$2,000-$5,000
$1,000-$7,000
$3,000 $5,000-$10,000 $106,000-$285,000 |
There are no other direct or indirect payments
in conjunction with the purchase of the franchise. The low end
of this range would typify a carry-out / delivery operation, whereas
the high end of the range would typify a larger, full-service
restaurant operation in a stand-alone building.
Q: What monthly
payments do I make?
A: Our present
royalty or service fee is a small percentage of the monthly gross
sales (defined as total sales less any state or local taxes).
A modest additional percentage is contributed toward the Jake's
corporate advertising fund. As mentioned earlier, we also ask
that you allocate additional funds toward your own advertising.
Q: Will Jake's
help me obtain financing?
A: Yes. However,
Jake's neither finances nor guarantees the obligations of our
franchisees. You must obtain financing on your own credit rating
As a service, Jake's may assist you in arranging for the financing
or leasing of the equipment package through outside institutions.
This financing, if available, is generally for a period of four
to seven years at prevailing interest rates.
Q: May I talk
with other Jake's franchisees to find out what I'm getting into?
A: Absolutely.
We want you to do this, and we encourage you to talk with our
competitors as well.
Q: Is there
ever a wait for a franchise?
A: Occasionally.
It depends on a number of variables, including site availability
in a selected marketing area, construction time and the number
of prospective franchisees ahead of you on our waiting list. A
store may be available to you almost immediately if you do not
request a specific area and are willing to relocate.
Q: What services
are required of me as a Jake's franchisee?
A: To maintain
consistency among franchises, we ask simply that your store offer
both delivery and pick-up. Many Jake's restaurants have also found
that dine-in facilities prove rewarding.
Q: Must I have
prior experience in the restaurant industry?
A: No. As
a matter of fact, less than 5% of our franchisees had been associated
with the food industry in any form before coming with us. What
it takes is a head for business, a "feel" for people,
the desire to get ahead on your own, and the willingness to work
hard for success.
Q: I'm interested.
Where do I go from here?
A: Simply give
us a call at 1-800-4-A-Jakes (1-800-425-2537), and say that you're
interested in franchise opportunities. Our friendly staff will
send you more information, and will send you more information,
and will arrange your first meeting with our corporate team.
JAKE'S PIZZA INTERNATIONAL, INC.
5999 New Wilke Rd. Suite 205
Rolling Meadows, IL 60008 USA
Phone: (800) 4 A JAKES / (847) 952-3278
Fax: (847) 952-3293
Contact: John Veremis
E-Mail: franchise@jakespizza.com