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2 brands side-by-side
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| Brand | Jeremiah’s Italian Ice Quick-Service Restaurants Remove | Pita Pit Quick-Service Restaurants Remove |
|---|---|---|
| Vitals | ||
Investment range | $295K – $744K | $353K – $685K |
Liquid capital | $50K – $100K | $26K – $38K |
Franchise fee | $30K | $20K |
Royalty rate | 6.0% | 6.0% |
Ad fund rate | 2.0% | 2.0% |
| Performance | ||
Avg gross sales | $469K | $397K |
Median gross sales | $436K | N/A |
Avg owner earnings Metric varies by brand. Check type below | $171K | N/A |
Earnings metric | P&L Bottom Line | Not classified |
| Risk | ||
Rating | ATop Quintile | DBelow Average |
Risk score | 26 / 100 | 70 / 100 |
SBA charge-off rate | 0.0% | 23.5% |
SBA loans on record | 94 | 83 |
| Scale | ||
Total units | 163 | 58 |
Net change (latest yr) | N/A | N/A |
Turnover rate | 0.6% | 31.0% |
| Contract | ||
Initial term (years) | 10 | 10 |
Renewal term (years) | 10 | 10 |
Initial training (hrs) | 194 | 81 |
| Contacts | ||
Franchisee phones | 250 | 55 |
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