|
Below is an in-depth analysis and side-by-side comparison of Little Caesars vs Pizzeria Venti including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
||
Investment | $359,700 - $1,686,000 | $135,000 - $239,000 |
Franchise Fee | $20,000 | $16,500 - $22,500 |
Royalty Fee | - | 5% |
Advertising Fee | - | 1% |
Year Founded | 1959 | - |
Year Franchised | 1962 | - |
Term Of Agreement | - | - |
Term Of Agreement | - | - |
Renewal Fee | - | - |
Business Experience Requirements |
||
Experience | - | - |
Financing Options |
||
In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | -/- | -/- |
Start-up Costs | -/- | -/- |
Equipment | -/- | -/- |
Inventory | -/- | -/- |
Receivables | -/- | -/- |
Payroll | -/- | -/- |
Training & Support |
||
Training | - | - |
Support | - | - |
Marketing | - | - |
Operations | - | - |
Expansion Plans |
||
US Expansion | - | - |
Canada Expansion | - | - |
International Expansion | - | - |
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!
The Pizzeria Venti Franchise Program offers: * A chance to be in business for yourself but not by yourself assisted by a dedicated team of experienced professionals * Support in the areas of operations, training, management, advertising, marketing and software management systems * Personal satisfaction both as an owner/operator and as a member of the independent business community * Personal growth and business knowledge from Pizzeria Venti training programs * Increased value in your business through name brand association and a proven existing store Brokerage program to help you sell your franchise should you wish to The selection of prospective candidates is based on our assessment of overall business experience, financial stability and personal qualifications. We look for individuals with "common business sense", a demonstrated ability to effectively lead people, and a history of previous success in business and life endeavors. Food service experience is not necessary. We are particular about our Franchisees because they help make the Venti System successful. We are looking for individuals who have: * A strong desire to succeed, work hard, and contribute to a winning team * Business experience in the market where they are seeking a Pizzeria Venti franchise * Demonstrated personal integrity with emphasis on interpersonal skills * A willingness to personally devote full-time efforts to the day to day operations of a Pizzeria Venti franchise * A willingness to participate in a comprehensive training program * A history of success and the ability to work well within a franchising organization