Jet’s Pizza Franchise FDD, Profits, Costs & Fees (2024)
Jet’s Pizza was founded in 1978 in Sterling Heights, Michigan, by Eugene Jetts, who was originally searching for a new home but ended up leasing space to open a pizzeria instead. Along with his brother John Jetts, they started Jetts Party Shoppe & Pizzeria, which eventually became known as Jet’s Pizza.
The franchise became known for its Detroit-style pizza and quickly gained popularity. By 1998, the brand had opened its first franchised location, marking the beginning of its expansion beyond Michigan.
Today, Jet’s Pizza boasts over 400 locations across 22 states. The franchise is well-known for its signature Detroit-style deep-dish pizza but also offers a variety of hand-tossed round, thin-crust, and New York-style pizzas, along with fresh salads, breads, and desserts.
The brand emphasizes quality ingredients, such as premium mozzarella cheese and fresh, vine-ripened tomatoes, setting it apart from competitors.
Jet’s Pizza started franchising in 1998 and has since grown to over 400 units. It is actively franchising in the U.S. and has continued to expand, with territories available across the country.
Jet’s Pizza Franchise Stats
Jet's Pizza
Number of units: 360 franchises
Initial investment: $573,000 - $786,000
Initial Investment
How much does it cost to start a Jet’s Pizza franchise? It costs on average between $573,000 – $786,000 to start a Jet’s Pizza franchised restaurant.
This includes costs for construction, equipment, inventory, and initial operating expenses. The exact amount depends on various factors, including the type of restaurant you choose, the location, and whether the franchisee chooses to lease or purchase the property.
| Type of Expenditure | Amount |
|---|---|
| Initial Franchise Fee | $12,500 – $25,000 |
| Travel and Living Expenses While Training | $9,000 – $15,000 |
| Security Deposit | $4,000 – $10,000 |
| Rent – 3 Months | $7,500 – $20,000 |
| Blueprints | $10,000 – $15,000 |
| Leasehold Improvements | $250,000 – $350,000 |
| Fixtures and Equipment | $175,000 – $225,000 |
| POS System | $20,000 – $30,000 |
| Computer Maintenance Costs | $1,500 – $2,000 |
| Miscellaneous Opening Costs | $3,000 – $6,000 |
| Opening Inventory | $10,000 – $12,000 |
| Insurance | $10,000 – $16,000 |
| Working Capital/Additional Funds – 3 Months | $60,000 |
| TOTAL | $572,500 – $786,000 |
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Jet’s Pizza Franchise Disclosure Document
Frequently Asked Questions
How many Jet’s Pizza locations are there?
As of the latest data, Jet’s Pizza has over 400 franchise-owned locations. The brand does not publicly distinguish any company-owned stores, focusing on a franchise-based model for its expansion.
What is the total investment required to open a Jet’s Pizza franchise?
The total investment required to open a Jet’s Pizza franchise ranges from $573,000 to $786,000.
What are the ongoing fees for a Jet’s Pizza franchise?
For a Jet’s Pizza franchise, ongoing fees include a royalty fee of 8% of gross sales. Additionally, there is an advertising or marketing fee, which is generally 2% to 4% of gross sales. These fees contribute to brand support, marketing initiatives, and ongoing operational support provided to franchisees.
What are the financial requirements to become a Jet’s Pizza franchisee?
To become a Jet’s Pizza franchisee, the financial requirements include a minimum net worth of $500,000 and liquid capital of $250,000 to $350,000.
These requirements ensure that franchisees have sufficient financial resources to cover the initial investment, startup costs, and any ongoing operational expenses. Meeting these financial prerequisites is essential for approval to open and operate a Jet’s Pizza franchise.
Who owns Jet’s Pizza?
Jet’s Pizza is owned by its founders, the Jetts family. Eugene Jetts and his brother John Jetts started the company in 1978. Over time, their cousins, Jim and Jeff Galloway, also joined the ownership team. The family continues to be actively involved in the operations and growth of the Jet’s Pizza brand.
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