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Cost & Fee Structure

The Initial Franchise Fee

  • Full Size Franchise $30,000
  • Delivery-Carryout Franchise $25,000

A conversion franchise will receive a $5,000 discount off the initial franchise fee.

Royalties

  • Full-Size Franchise 4.5 percent of sales
  • Delivery-Carryout Franchise 5.0 percent of sales

Advertising Fees

Local advertising is required to be a minimum of 2% of gross sales. In addition, all franchisees are obligated to be members of the Happy Joe's National Franchise Board (HJNFB). The HJNFB serves as an advisory committee to the chain and assists in directing advertising funds as well as other funded programs. HJNFB dues are currently 1.5% of gross sales.

Area Development Agreement

We also offer area-development opportunities whereby Happy Joe's grants an exclusive territory to franchisees, allowing them to develop a number of franchise facilities and become a multi-unit owner with their own exclusive territory!



Expenditure Full Size Delivery / Carryout Only
Initial Franchise Fee $30,000 $25,000
Rent $11,500 - $25,895 $3,750 - $5,625
Lease, Utility & Security Deposits $2,500 - $7,500 $1,250 - $1,875
Leasehold Improvements $130,000 - $295,000 $97,500 - $130,000
Initial Inventory $11,800 - $28,000 $4,000 - $7,500
Furniture, Fixtures & Equipment $85,000 - $450,000 $30,000 - $120,000
Insurance $8,000 - $18,000 $8,000 - $18,000
Training $7,500 - $15,000 $5,250 - $10,500
Grand-Opening Advertising $3,500 - $10,000 $2,500 - $6,000
Signage $5,250 - $45,000 $5,250 - $21,000
Additional Funds $14,700 - $68,250 $6,500 - $12,500
Totals $309,750 - $992,625 $189,00 - $358,000

This chart is designed to give you a range of what costs may be for the options of franchising with Happy Joe's. Within these estimates are included some costs for three months' operation while other costs are one-time-only costs.

 


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