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Below is an in-depth analysis and side-by-side comparison of Captain Tony's vs Little Caesars including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $197,550 - $389,800 | $359,700 - $1,686,000 |
Franchise Fee | $10,000 - $20,000 | $20,000 |
Royalty Fee | 4.5% w/cap | - |
Advertising Fee | 2% | - |
Year Founded | 1972 | 1959 |
Year Franchised | 1985 | 1962 |
Term Of Agreement | 20 years | - |
Term Of Agreement | 20 years | - |
Renewal Fee | - | - |
Business Experience Requirements |
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Experience | - | - |
Financing Options |
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In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | No/Yes | -/- |
Start-up Costs | No/Yes | -/- |
Equipment | No/Yes | -/- |
Inventory | No/Yes | -/- |
Receivables | No/Yes | -/- |
Payroll | No/Yes | -/- |
Training & Support |
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Training | On-The-Job Training: up to 168 hours | - |
Support | Purchasing Co-ops Toll-Free Line Online Support Field Operations Site Selection Proprietary Software Franchisee Intranet Platform | - |
Marketing | Social media SEO Website development Email marketing Loyalty program/app | - |
Operations | Absentee Ownership Allowed
Number of employees needed to run franchised unit: 5 - 10
100% of current franchisees are owner/operators | - |
Expansion Plans |
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US Expansion | - | - |
Canada Expansion | No | - |
International Expansion | Yes | - |
Michael J. Martella always believed his father's pizza was the best in the world. When the elder Martella, Antonio, opened the first Captain Tony's Pizza & Pasta Emporium in 1972, everyone in the family pitched in. When Michael graduated from college and began a career as a stockbroker, the pizzas he tried as he traveled around the country just didn't measure up to his father's. Realizing they had a superior product and concept, Michael tried to convince his father to expand the company, but Antonio wasn't interested. In 1987, Michael founded Captain Tony's Inc. and began franchising the restaurant. Each Captain Tony's location serves a variety of entrre and dessert pizzas, submarine sandwiches, pastas and salads. The franchise has restaurants in Great Britain as well as the United States.
Seeking new franchisees throughout the U.S. , Asia, Canada, Central America, Middle East, Mexico, Philippines, South America and Western Europe
Michael and Marian Ilitch, the authors of Little Caesars Pizza, thought ambitiously, went out on a limb, and grew one pizza shop in a Detroit suburb into a worldwide pizza chain.
It began with somewhat known nibble sustenance called "pizza" brought home by World War II fighters coming back from Italy. Mike and Marian saw guarantee in this new sustenance and were enthusiastic about beginning their own pizza business. They contributed their $10,000 life investment funds toward opening a solitary Little Caesars shop in 1959. To develop the chain, Mike and Marian diversified their stores, at last giving a huge number of people the chance to possess their own particular business. Mike and Marian took individual pride in helping franchisees develop their organizations and giving business chances to youthful team individuals.
Over 50 years after the fact,Little Caesars is a universally known brand.
A BRIGHT FUTURE
Little Caesars keeps on improving to give more an incentive to more individuals in more places. This implies business open doors for business people, new stores over the world, top notch and advantageous new items, and showcasing advancements that enjoyment clients. Most imperative, Little Caesars stays concentrated on what it excels at: furnishing pizza made with our finest fixings at an incredible cost far and wide!