Jet's America Inc. (doing business as Jet's Pizza) is an American pizza franchise restaurant. The first Jet's Pizza was opened in 1978 by brothers Eugene and John Jetts in Sterling Heights, Michigan.
Jet's is known for its square deep-dish Detroit-style pizza, including the 8-corner pizza which the company has trademarked. When the store first opened, the square pizzas were a novelty in the region. The original recipe came from the Jetts' mother and hasn't changed since 1978.
The first franchise location was opened in 1990. As of 2017, Jet's Pizza had 312 franchises and 24 company-owned locations in 20 states.
Financial Requirements for Jet's Pizza
Initial investments: $457,500 - $651,000
Net-worth Requirement: $750,000 - $1,500,000
Liquid Cash Requirement: $250,000 - $500,000
Initial Franchise Fee: $25,000 - $25,000
Ongoing Royalty Fee: 8 - 10%
Ad Royalty Fee Up to 1%
On-The-Job Training: 270 hours
Classroom Training: 30 hours
Number of Employees Required to Run: 15
Jet's Pizza website: http://jetspizza.com/
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