Server: Microsoft-IIS/3.0 Date: Fri, 19 Dec 1997 17:51:49 GMT Content-Type: text/html Accept-Ranges: bytes Last-Modified: Thu, 10 Apr 1997 15:08:18 GMT Content-Length: 8726 More About The Company

Jake's Pizza International, Inc.

Franchising


Jake's Pizza

First, Get To Know Us

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.

Jake's Pizza


Next, Start To Learn

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.




Stephen Luczak

Stephen Luczak

"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."


QUESTIONS & ANSWERS

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.

Total Estimated Investment

$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