|
Below is an in-depth analysis and side-by-side comparison of Pizza Factory vs Little Caesars including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
||
Investment | $372,000 - $562,000 | $359,700 - $1,686,000 |
Franchise Fee | $30,000 | $20,000 |
Royalty Fee | 5% | - |
Advertising Fee | 3% | - |
Year Founded | 1979 | 1959 |
Year Franchised | 1985 | 1962 |
Term Of Agreement | 20 years | - |
Term Of Agreement | 20 years | - |
Renewal Fee | $5000 | - |
Business Experience Requirements |
||
Experience | - | - |
Financing Options |
||
In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | No/No | -/- |
Start-up Costs | No/No | -/- |
Equipment | No/Yes | -/- |
Inventory | No/No | -/- |
Receivables | No/No | -/- |
Payroll | No/No | -/- |
Training & Support |
||
Training | On-The-Job Training: 214 hours Classroom Training: 26 hours Additional Training: At training store | - |
Support | Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform | - |
Marketing | Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app | - |
Operations | Absentee Ownership Allowed Number of Employees Required to Run: 8 - 10 | - |
Expansion Plans |
||
US Expansion | - | - |
Canada Expansion | No | - |
International Expansion | No | - |
Family owned and operated since its founding in 1979, Oakhurst, California-based Pizza Factory prepares pizzas, pasta, calzones and other favorites for its customers throughout the western United States and China.
When Danny and Carol Wheeler opened the first restaurant near Yosemite National Park, it was called Danny's Red Devil Pizza. A name change and a few years later, the first franchise was opened with the help of Ron and Joyce Willey.
Pizza Factory franchises are offered in three sizes - full, mid and express. Full and mid-sized restaurants can either stand-alone or operate within large strip and shopping centers. Express locations can operate within resorts, malls, convenience stores, gas stations and grocery stores.
Seeking new franchise units in the following states:
Arizona, California, Idaho, Montana, Nevada, Oregon and Washington
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!