Franchise Opportunities: Directory of Franchises and Financial Data

	Find a Franchise

Franchise Picks
	Fantastic Sams Blue Mau Mau Coverall

Newsletter Sign Up

Happy Joe's Pizza & Ice Cream Parlor

Pizza and ice cream in a fun atmosphere. Birthday party packages available. Very involved with special programs for youth in the community. Diversified pizza, pasta, sandwiches, salad bar and ice cream menu, candy, soft drinks and beer. Several parlors offer Family Fun Centers with redemption games and adventure-style golf.

Franchisor Background

Year Established:

1972

Franchising Since:

1973

Operating Units:
Franchised Units:	56	88.9%
Company-Owned Units:	7	11.1%
	______	_____
Total Operating Units:	63	100%

Geographic Distribution:
U.S.:	63	100%	In 6 States
Canada:	0	0%	In 1 Canadian Provinces
International:	0	0%	In 0 Foreign Countries
	______	_____
Total:	63	100%

North America:
States/Provinces with the largest number of operating units:
Density	Units
1. Iowa	33
2. Illinois	16
3. Wisconsin	7

Registered in Following Registration States:

Illinois, North Dakota, Wisconsin

Financial Requirements

Investment:
Minimum Net Worth:	$200K
Cash Investment:	$300K
Total Investment:	$300K-1.5MM
Average Total Investment:	$900K

Fees:
Initial Franchise Fee:	$25K
Average Franchise Fee:	$25K
On-Going Royalty:	4.5%
Average Royalty:	4%
Advertising Fee:	1%

Average Number of Employees:

4 Full-time, 30 Part-time

Space Needs (in square footage):

3,500

Preferred Sites:

Free-standing Building, Storefront, Strip Center

Other Sites:

Encourage Conversions?

Yes

Earnings Claims Provided?

Listed in the SBA Registry?

Support and Training

International Franchise Association:	No
Canadian Franchise Association:	No
Franchisee Association/Member:	Yes, Member
Size of Corporate Staff:	30
Site Selection Assistance?	Yes
Lease Negotiation Assistance?	Yes
Financial Assistance?	Yes, Direct

Marketing Support:
Co-Op Advertising:	No
National Advertising:	No
Regional Advertising:	No
Local Advertising:	No
Marketing Materials:	None Specified
Additional Services:	None Specified
Other Marketing Support:	None Specified

On-Going Support:
Central Data Processing:	Not Applicable
Central Purchasing:	Included in Fees
Field Operation Evaluation:	Included in Fees
Field Training:	Included in Fees
Initial Store Opening:	Included in Fees
Inventory Control:	Not Applicable
Franchisee Newsletter:	Included in Fees
Regional or National Meetings:	At Additional Cost
800 Telephone Hotline:	Not Applicable

Training:
1. IA	6-12 Weeks

Franchisee Qualifications

Ranked from 1 (unimportant) to 5 (important):

Financial Net Worth:	5
General Business Experience:	4
Specific Industry Experience:	3
Formal Education:	3
Psychological Profile:	3
Personal Interview(s):	4

Minority Representation

Units Owned by Minorities:
African-American:	N/A
Asian-American:	N/A
Hispanic:	N/A
Native American:	N/A
Other:	N/A
Specific Minority:	N/A

Terms of Contract

Term of Initial Contract:	15 Year(s)
Term of Renewal Period:	10 Year(s)
Passive Ownership:	Allowed, But Discouraged
Area Development Agreements?	Yes, for 1 Year(s)
Sub-Franchising Contracts?	No
Franchisees Allowed to Expand Within Territory?	Yes

Expansion Plans

Projected New Units Over Next 12 months:

U.S.:	Yes, Midwest
Canada:	No
Overseas:	No

Franchisor Background

Year Established:

Franchising Since:

Operating Units:

Geographic Distribution:

North America: