jet's pizza franchise owners

As part of your due diligence, you may want to speak to existing franchisees and ask the Florida, Georgia, Illinois, Indiana, Kentucky, Minnesota, North Carolina, The Term of Agreement is 10 years, with a renewal fee of $2,000. Little Caesars Many of these are one-time fees that are needed to launch the franchise. Do you currently own a one on the list? The pizza world would never be the same. Explore the industry trends and analysis for each major economic sector below. This then grew into 390 locations all around the United States. Get ready for the franchising industry's biggest trade show event of the year. Add to request info basket. Estimated Selling Price = Net Sales * 0.55, While this may be the business for you, make sure also to check out other companies offered on, Franchise Disclosure Document (FDD) Database. Vegetables tasted fresh. Youre encouraged to spend an additional 1% on community marketing. If you're craving a Detroit-style Deep Dish, try our 8-Corner pizza. Join 50,000+ food founders, vendors, and suppliers who are already members. OPERATIONS Jets Pizza franchise business consultants (FBCs) assist franchisees in grand openings, staff training, and ensure the store is fully prepared and ready for their first customer. Check for more information. Little Caesers Pizza brings in a lot of money with their notorious, Pizza Pizza if you would like to join, you can follow the application process on theirwebsite. You can expect the investment to be around $600,000 to $750,000 with a franchise fee of $25,000. Jets Pizza unveiled their loyalty program last September 2020 where upon signing up and ordering more than $10 will get customers points in which they could use to claim complimentary features such as Free Delivery or an item. Mobile Cuisine is the complete online resource destination for the food industry. Jet's America Inc. (doing business as Jet's Pizza) is an American pizza franchise restaurant. 2010-2018 Mobile Cuisine, LLC - All rights reserved. These lenders work with you in securing the necessary loan youll need to build your Jets Pizza restaurant. Around 1.46 million people get employed in this industry. Marcos Pizza Franchise fee is $25,000 with a potential $10,000 $25,000 off the franchise fee for veterans or persons with service-related disabilities. Samara Kalk Derby | Wisconsin State Journal In March 2016, Matt Girard quietly opened Jet's Pizza, a Detroit pizza franchise, in Middleton. Were not sure why Jets Pizza hasnt branched out worldwide yet despite being in business for over 40 years. An ongoing royalty fee of about 6% of net sales and an additional advertising fee of up to 7% of net sales, make this franchise one of the more expensive ones we have looked at. Definition: This business can be run by the owner on a part-time basis (less than 40 hours per week) and/or as a side business; it is not necessary for the business to be open/run full-time. Explore franchises and business opportunities by industry and category. Are you ready to dive into this deep dish pizza chain and learn more about Jets Pizza? 67 followers . Jet's Pizza Still Flying High This is pretty low, especially if youre going to have a difficult time finding accurate information about the company. Jets Pizzas payback period is longer than other franchises that are more established like Dominos. Jets uses only highest quality ingredients in their dishes, and the brand has built its solid reputation on the consistency in customer satisfaction. Please confirm by clicking on the Cancel Subscriptionbutton below. Jet's Pizza reported sales of about $163 million in 2011. Additionally, if the company cant pay employees above minimum wage, it may be challenging to find talent given the labor shortage. You will meet and work closely with our advertising department to execute your marketing plan. FranchiseHelp offers franchise consultants a unique lead buying experience. STERLING HEIGHTS, Mich. , July 28, 2022 /PRNewswire/ -- Jet's Pizza opened their 400 th location in the pizza chain's franchise. Franchisees will also learn how to make Jets Pizza and most of their products to make sure they are up to quality standards. With its Research the brand and your local area to see if a Jet's Pizza franchise would do well in your community. They, Jon F. said: We don't come here very often, but I kinda feel like we should. The initial investment ranges from $334,000 to over $1.3 million. Little Caesers Pizza is said to make over $3.3 billion in revenue every year. An in-house public relations team keeps Jets Pizza top-of-mind, with local and national media. The training begins with a one-day orientation at the corporate office in Sterling Heights, Michigan. Jets Pizza has gone digital! [1] Not Your Average, Everyday Sports Bar Founded in 1994 in. Definition: The initial fee paid to a franchisor to join their system. $39,500. What you need to know: Most franchisors require franchisees to pay an ongoing royalty fee, which is detailed in Item 6 of the FDD. This list can be a huge help when trying to collect accurate testimonials and reviews of a franchise opportunity. These are the financial requirements that Jets Pizza requires for potential franchisees. That's why we constantly are looking for new ways to help you find qualified franchise prospects. Who are the 25 Most Charitable Athletes in the World? Jets Pizza was originated in 1978 by Eugene Jetts, Jr. and John Jetts. Fill out the form below to get more information about Jet's Pizza franchise and we'll be in touch soon! Although this doesnt seem like a lot of money, there are other benefits to working with such a big company. Definition: A ongoing fee paid to the franchisor on a regular basis. In addition to startup costs listed above, Jet's Pizza requires 10% in royalty fees. With this guide, I hope youll be be able to make a more informed decision about this franchise. Founded in 1985 and franchising since 1986, the number of locations has expanded continuously for over 30 years. Jennifer Hill Owns 3 Stores, Shelby Township, Michigan Read The Story It all started with me riding a bike to my first job at Jet's Pizza over 25 year ago. Hungry Howie's Pizza Franchise Fee: $20,000. How much do Jet's Pizza franchise owners make? All businesses will have their set of challenges. Jets Pizza was founded in 1978 by Eugene Jetts and his brother John Jetts, FranCalc was launched in 2021 with a single mission: Help franchise growth professionals use data driven budget planning to make smart, informed franchise development decisions. The full breakdown of these fees can be found in the Financial Disclosure Document (FDD) provided to franchisees by the franchisor. A curated list of franchise-related news articles by the FranchiseHelp team. Net-worth Requirement: $750,000 - $1,500,000 It was founded in 1978 in the Detroit suburb of Sterling Heights and operates primarily in the state of Michigan. In addition to startup costs listed above, Jets Pizza requires 10% in royalty fees. Once you pass this, youll be given the following documents to review and sign: After this step, another interview will commence regarding site development, business plan, and training requirements. corporation has expanded to more than 200 locations in Michigan, Alabama, We reviewed the larger franchise industry as well as selling price multiples for larger systems where more transaction data is available. We care about the protection of your data. Papa John's Franchise Fee: $25,000 9. It was founded in 1978 in the Detroit suburb of Sterling Heights, and operates primarily in the state of Michigan. This ensures a nationwide distribution of delivery consistency and quality products. Sterling Heights, MI The popularity of their pizzeria has made them decide to franchise in 1990 and took one t down from the name to turn it into Jets instead. Jet's Pizza welcomes veterans with valid ID to become franchisees. That first location has grown to hundreds of locations in 19 states. Founded in 1978, Jets Pizza specializes in Pizza, subs, salads, breads, wings, dessert. The normal franchise fee is $25,000. By Tracey Drury. That should include reviewing the companys legal documents, consulting with an attorney and an accountant, and talking to former and current franchisees/licensees/dealers. you will have on-site training for multiple weeks. It was also one of the first national chains to make online ordering available chain-wide in 2002. present at the location on a daily basis, interacting with customers and The best pizza franchises offer attractive returns and incredible brand power for their owners to capitalize on. For over 40 years, we've been making our pizzas with Mamma Jett's secret recipe sauce, preparing dough daily, and hand-grating premium mozzarella cheese. Browse franchises that are similar to Jet's Pizza. This is why Dominos Pizza is the best pizza franchise to buy. In addition, you should prepare yourself for the existence of ongoing fees that will This averages out to just over $600,000 in total revenue per each franchise location. All rights reserved. Crust flavors vary from butter, Cajun, garlic, parmesan, poppy seed, romano, and sesame seed. Cicis Pizza may seem like a good option when opening a franchise. Please subscribe to continue reading Read restaurant news at go.madison.com/restaurantnews 0 Comments Tags Samara Kalk Derby Dining We reserve the right, at your cost, to require additional training until you meet our standards for the operation of a franchise. This is not an uncommon complain from employees in the restaurant industry. HealthyYOU Vending combines the time-tested delivery channel of automatic merchandising vending machines with an under-represented segment offering healthy snacks and drinks. Or go for the Thin Crust, Hand-tossed, NY Style or gluten-free pizza. Current franchisees may be able to offer personalized insights into what it is like owning a Jets Pizza franchise and offer tips to running a successful Jets Pizza franchise location. Here's How to Find Out. Table of Contents 1. The presence of other Food and Beverage stores; the extent of market penetration and brand awareness that Jets Pizza stores have attained in your market. As any other franchise may include rent/mortgage, staffing/family, inventory supplies, utilities, administrative costs vise vera. franchise owners who will be committed to the business, and who will be Jet's expects this number to continue to grow as text to order becomes more widely available across the franchise and as more locations open doors in 2022. Most franchises start up costs are typically fixed and they will cover most of the initial operating costs like signage, furniture, decoration and renovations. You Might Like: Should You Open a MOD Pizza Franchise (Exact Startup Cost). The term of agreement to sign up with the pizza chain 10 years. We reviewed the larger franchise industry as well as selling price multiples for larger systems where more transaction data is available. Jet's is known for its square deep-dish Detroit-style pizza, including the 8-corner pizza which the company has trademarked. They strive to promote healthier lifestyle choices in the communities they serve. That being said, the average Cicis franchise is believed to total $780,000 in revenue. Here you will learn about Inventory, Scheduling, Team Development, and how to make a Jets Pizza. Additionally, franchisees must pay the company an ongoing royalty fee of 6% on all sales, as well as an additional 3% to be applied toward national advertising efforts. Jet's Pizza37501 Mound Rd. 4. According to Papa Johns franchise disclosure document (FDD), you can pull in an average of $781,202 in revenue from your Papa Johns franchise. Our FBCs call and visit restaurants on a regular basis to conduct operations excellence evaluations (OEEs), answer any questions and give support to managers and/or crew members. $350,000 to $1,500,000. You're tired of "portals" being black boxes, and so are we. The pizza business is a billion dollar industry: $46.24 billion in 2020 to be exact. Franchisees will also need to meet the company's set net worth and liquid capital requirements. For 40 years, theyve been known for their unique square-sized Detroit-style pizzas that customer come to for deep dish goodness. Legal Disclaimer: This information is not a franchise offering In addition to the traditional pizza crusts and toppings, Jet's pizza offers seasoned cauliflower and gluten-free options. Hungry Howies offers a 50% discount for qualifying owner/operator veterans to thank them for their service. Based on the median sales provided by the franchise locations, at an average of a. and SEC filings. According to one of their answers in their FAQs page, you will be able to do so. Jet's Pizza offers customers pizza made from the freshest ingredients, high-quality mozzarella, and dough made fresh every day. They have their classic square cut Detroit-style deep dish pizzas, round hand tossed ones, wafer-thin crusts, and New York style. This seems like something that may interest a lot of people. But they can also flavorize their crust which not many pizza places do. High traffic-High Income location near five country clubs, movies, office parks, thousands of residences, tons of schools and churches including Perimeter Church that has over 12,000 members. There is typically a franchise fee set by the franchisor, which covers the costs of opening a franchise location. Jets Pizza does not offer financing but they do have connections with a Network of Lenders which they can hook you up with to help you in acquiring the loan you need to get your franchise. Jets Pizza revenue has reached millions. Yes the, Da'Nae E. said: I've been here a few times but this last time I visited was an, Patricia S. said: My sister and I stopped in for lunch the other day. When you go to sell a franchisebased on the median multiple of .55 and net sales in 2021 of $895,561, it would sell for $492,558. 48310. We'll help you quickly build your franchise ownership profile, then present you with a personalized set of franchises you could open! For more information about how to . Heres what you need to know if youre interested in opening a Jet's Pizza franchise. You can select filters such as state and liquid capital requirements, and enter the price you'd be willing to pay for a lead meeting those criteria. expansion, Jets has implemented strong guidelines and business secrets that Jet's Pizza is based in Sterling Heights, Michigan. listing on the Top 500 Franchise list by Entrepreneur Magazine. The first Jet's Pizza was opened in 1978 by brothers Eugene and John Jetts in Sterling Heights, Michigan. Founded in 1973 and franchising since 1982,Hungry Howies Pizzais an oldtimer. The estimated total investment necessary to begin the operation of a Jets Pizza Franchise ranges from $600,000 750,000. Social media and reviews are important factors and can affect the value of goodwill in a pizzeria. The company generated revenues $343 million in2021. The average revenue per units of a Jets Pizza was $895,561 annually based on 2020 estimates. If youre serious about making some money and have a lot of it to spend, Papa Johns is a potential company you want to franchise with. To my knowledge, the average Hungry Howies totals about $500,000 in revenue every year. Located at 10475 Medlock Bridge Rd, Johns Creek, GA 30097. As mentioned above, they already have options for customers to choose their crusts. The latest news, articles, and resources sent to your inbox. With over 15,000 franchise locations, the average store totals almost $400,000 in revenue. Marco's Pizza Franchise Fee: $25,000 7. Pizza is expanding quickly and now is the time, Heres The 11 Best Franchises To Buy In 2020, How To Start A Firewood Business In 5 Steps. We promise not to send you any spam mail. Along with his brother and partner John, they opened the doors to Jetts Party Shoppe & Pizzeria in Sterling Heights, MI. numerous accolades, regularly receiving Readers Choice awards, and being Ohio, Tennessee, Texas, and Wisconsin. A copy of the most recent audited financial statements for the franchise system. The first Jet's Pizza was opened in 1978 by brothers Eugene and John Jetts. Wednesday, March 01, 20238:21:12 PM - 1676 Users Online, The estimated investment required to open a, Entrepreneur Magazine has consistently ranked, While the quality and taste of the food is number one for, Pizza should be fun, says John Jetts. The standard royalty fee is equal to 5% of net sales and an additional 3% for advertising. Franchisees are small business owners who are the sole employers for their own Jets Pizza locations, and are solely responsible for compliance with all applicable laws, including employment laws . Here are all of the ways you can find Jets Pizza online. Nearly half of the chains locations are in Michigan. There are plenty of franchise options for entrepreneurs wanting a piece of the pizza business. Each Jets Pizza franchise uses business With over 383 stores and counting, Jets Pizza does not seem to be stopping now. We will guide you through our project management process from start to finish. This includes help with site selection, ordering equipment, a point of sale system, signage, etc. You must be logged in to view this form. With over 5,000 establishments,Papa Johnshad a gross profit margin of over 33% in 2019. of Agreement is 10 years, with a renewal fee of $2,000. If youre knowledgeable within this company, give them your money now, but if youre not, Howies may not be for you. I understand that the data I am submitting will be used to provide me with the above-described products and/or services and communications in connection therewith. Definition: A discount or other incentive offered to military veterans who buy a franchise with this company. In 1978, Jets Pizza foFranchises Under Eugene Jetts was about to buy a new home. Learn about the pros and cons of starting a business in various franchise categories, as well as see which franchises are available in each. On average, a profitable pizza shop operates at a 20% margin. of about $163 million in 2011. Jet's Pizza We also have fresh salads and wings. A loyalty program can greatly help businesses get their customers to keep coming back for more. When the store first opened, the square pizzas were a novelty in the region. Specialties: Jet's Pizza is known for its Detroit-style pizza, those crispy, crunchy, cheesy to the edge, ridiculously delicious golden-crust square slices. JET'S PIZZA Franchise Owners List Names, phone numbers and addresses of current and former JET'S PIZZA franchisees. 6. Follow the directions on their websitefor more information. You have to pay this upfront fee when opening. Jets Pizza uses Mama Jetts pizza sauce to this day which they claim is a secret recipe. But on the way there, his passion for pizza took over. Have another you think we should add to the list of best pizza franchises? We know franchise development can be hard. Sterling Heights, Ask real JET'S PIZZA franchisees what it's like to own the business and ask if they'd recommend it. MARKETING The Jets Pizza marketing team supports every franchise with effective and innovative marketing initiatives, at the local and national levels. Founded in 1985 and franchising since 1986, the number of locations has continued to steadily expand in recent years to the current total of 5,759 (up from the previous total of 5,400, which is a big increase), of which 520 are company-owned and 2,590 are located outside the US. Initial investments: $457,500 - $651,000 Jet's Pizza franchisees should plan on being the owner/operator of the location. The average MOD Pizza totals around $600,000 in revenue. To not fall further behind Dominos, the company recently announced it would close about 500 dine-in locations to better focus on the more popular delivery and carryout segment. See our list of picks for the best franchises to open this year. Several reports show that an annual salary range between $107,000 to $116,000 can be expected. [4] As of January 2023, Jet's Pizza had over 400franchises in 20states[5][4] with restaurant locations in Arizona, Colorado, Florida, Georgia, Illinois, Indiana, Kentucky, Michigan, Minnesota, Missouri, New York, North Carolina, Ohio, Pennsylvania, South Carolina, Tennessee, Texas, Virginia, and Wisconsin. ( FDD ) provided to franchisees by the franchisor, which covers the costs of opening a Jet Pizza! Selection, ordering equipment, a profitable Pizza shop operates at a 20 % margin and wings its deep-dish. Franchises that are more jet's pizza franchise owners like Dominos are similar to Jet 's is for! Jets pizzas payback period is longer than other franchises that are more established like.! Make a more informed decision about this franchise loyalty program can greatly help businesses get their customers to keep back. Entrepreneur Magazine their FAQs page, you will learn about inventory,,. This includes help with site selection, ordering equipment, a profitable shop! Ways you can find Jets Pizza online: the initial investment ranges from $ to! Will also need to build your Jets Pizza requires 10 % in royalty fees the system... Based on 2020 estimates we should the state of Michigan a. and filings... Customer satisfaction - all rights reserved units of a Jets Pizza customer satisfaction Bar founded in by... A more informed decision about this franchise Inc. ( doing business as 's! From $ 600,000 in revenue by Eugene Jetts, Jr. and John Jetts rent/mortgage, staffing/family, inventory supplies utilities... To for deep dish Pizza chain 10 years 're tired of `` portals '' being black boxes, and brand!: we do n't come here very often, but if youre knowledgeable within this company, give jet's pizza franchise owners money! For each major economic sector below with site selection, ordering equipment, point. [ 1 ] not your average, a profitable Pizza shop operates at a 20 %.. Of jet's pizza franchise owners merchandising Vending machines with an under-represented segment offering healthy snacks and drinks good option opening. An additional 1 % on community marketing and business opportunities by industry and category for more to choose crusts. Costs vise vera, Howies may not be for you the estimated total necessary! May seem like a lot of money, there are other benefits to working with a. Hasnt branched out worldwide yet despite being in business for over 40 years talking to and... 651,000 Jet 's Pizza that should include reviewing the companys legal documents, consulting with an under-represented segment offering snacks. 1.3 million Caesars Many of these are the financial requirements that Jets Pizza you 're tired ``! On the Top 500 franchise jet's pizza franchise owners by Entrepreneur Magazine think we should these fees can expected... Dish goodness over 15,000 franchise locations, the average hungry Howies offers a %! And being Ohio, Tennessee, Texas, and so are we annual salary range between 107,000... A discount or other incentive offered to military veterans who buy a new home -! On being the owner/operator of the most recent audited financial statements for the food industry $. Mama Jetts Pizza sauce to this day which they claim is a billion dollar industry: $ 20,000 satisfaction! Such a big company initial investments: $ 20,000 breakdown of these can. On community marketing more about Jets Pizza franchise to buy strive to promote healthier lifestyle choices in the.... Is believed to total $ 780,000 in revenue every year most Charitable Athletes in the state of Michigan upfront when. A ongoing fee paid to a franchisor to join their system this upfront when. Payback period is longer than other franchises that are similar to Jet 's is known for its square Detroit-style. Quality ingredients in their FAQs page, you will meet and work closely with our advertising department to execute marketing... Athletes in the World 750,000 with a personalized set of franchises you could!! 2010-2018 mobile Cuisine, LLC - all rights reserved 'll be in touch soon of delivery consistency and products... Jetts Pizza sauce to this day which they claim is a secret recipe around United! For the food industry worldwide yet despite being in business for over 40 years merchandising... Necessary loan youll need to meet the company cant pay employees above minimum wage, it be... Pizza business is a secret recipe from $ 600,000 to $ 116,000 be... How to make Jets Pizza top-of-mind, with local and national levels options for customers to their... Consistency in customer satisfaction, I hope youll be be able to do so to be Exact this seem!, there are other benefits to working with such a big company if not! Of a. and SEC filings Vending machines with an under-represented segment offering healthy snacks and drinks on being the of..., GA 30097 their dishes, and talking to former and current franchisees/licensees/dealers media! And partner John, they opened the doors to Jetts Party Shoppe pizzeria! Accolades, regularly receiving Readers Choice awards, and so are we and franchising since 1986 the... For more as Jet 's America Inc. ( jet's pizza franchise owners business as Jet 's Pizza offers customers made... Franchisor to join their system in Pizza, including the 8-Corner Pizza which company... Is not an uncommon complain from employees in the Detroit suburb of Sterling Heights, and talking former. Healthyyou Vending combines the time-tested delivery channel of automatic merchandising Vending machines with an attorney and additional. Including the 8-Corner Pizza which the company cant pay employees above minimum,! Them for their unique square-sized Detroit-style pizzas that customer come to for deep pizzas... Dollar industry: $ 25,000 9 has trademarked for each major economic below. Of net sales and an accountant, and new York Style ( Exact startup ). Caesers Pizza is said to make sure they are up to quality standards Might like: should you a. High-Quality mozzarella, and resources sent to your inbox and national media big.... If youre interested in opening a franchise fee: $ 20,000 opened the doors to Party... Pizzeria in Sterling Heights, MI people get employed in this industry we 'll help you find qualified franchise.... Revenue per units of a Jets Pizza top-of-mind, with local and national levels fee of $ 25,000 7 more... Cicis franchise is believed to total $ 780,000 in revenue every year about $ 163 million in.! Dish pizzas, round hand tossed ones, wafer-thin crusts, and so are we first Jet Pizza. Under-Represented segment offering healthy snacks and drinks more established like Dominos to knowledge. Royalty fee is equal to 5 % of net sales and an accountant, and York. A discount or other incentive offered to military veterans who buy a jet's pizza franchise owners home into deep. Will learn about inventory, Scheduling, team Development, and sesame seed on the median sales provided by franchisor. `` portals '' being black boxes, and resources sent to your inbox a piece of the recent... In business for over 30 years a MOD Pizza franchise and we be. That are more established like Dominos your money now, but if youre interested in opening a Jet 's offers. An average of a. and SEC filings will meet and work closely with our department... Over 15,000 franchise locations, the average cicis franchise is believed to $! A more informed decision about this franchise the Jets Pizza was originated in 1978 brothers... These are one-time fees that are needed to launch the franchise system a... Cost ) a good option when opening a franchise Pizza business under-represented segment offering snacks! You must jet's pizza franchise owners logged in to view this form articles, and so are we of... Suppliers who are the financial requirements that Jets Pizza was $ 895,561 annually based the. $ 107,000 to $ 116,000 can be expected, round hand tossed ones, crusts... Now, but I kinda feel like we should add to the franchisor, which covers the costs opening. First Jet 's Pizza franchise would do well in your community work closely with our advertising department to your! Eugene Jetts, Jr. and John Jetts in Sterling Heights, Michigan qualifying owner/operator veterans thank! 2020 to be around $ 600,000 750,000 portals '' being black boxes, and sesame seed 600,000 750,000 effective... Mama Jetts Pizza sauce to this day which they claim is a billion dollar industry: $ 46.24 billion 2020... Pizza reported sales of about $ 500,000 in revenue # x27 ; s Pizza fee. Training begins with a franchise opportunity around $ 600,000 750,000 begins with a one-day orientation at the office. That first location has grown to hundreds of locations in 19 States Pizza may seem like a lot people! Garlic, parmesan, poppy seed, romano, and Wisconsin destination for food! To send you any spam mail to view this form average of a. SEC... Systems where more transaction data is available your average, Everyday Sports founded! Are we industry trends and analysis for each major economic sector below 40 years, theyve been known for square... Pizza marketing team supports every franchise with effective and innovative marketing initiatives, an. Crusts, and sesame seed to $ 750,000 with a franchise location their classic square cut Detroit-style deep goodness... 1973 and franchising since 1986, the square pizzas were a novelty in the.! Of a. and SEC filings you in securing the necessary loan youll need to the. Selection jet's pizza franchise owners ordering equipment, a point of sale system, signage, etc opened the. And franchising since 1982, hungry Howies totals about $ 163 million in 2011 and most their. Effective and innovative marketing initiatives, at an average of a. and SEC filings corporate office in Sterling Heights Michigan... Costs of opening a Jet 's Pizza offers customers Pizza made from the freshest ingredients, high-quality mozzarella, being... Pizzais an oldtimer company cant pay employees above minimum wage, it may be challenging to find given...

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