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Below is an in-depth analysis and side-by-side comparison of Little Caesars vs Arizona Pizza Company including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $359,700 - $1,686,000 | $400,000 - $865,000 |
Franchise Fee | $20,000 | $35,000 |
Royalty Fee | - | - |
Advertising Fee | - | - |
Year Founded | 1959 | - |
Year Franchised | 1962 | - |
Term Of Agreement | - | - |
Term Of Agreement | - | - |
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 | -/- | -/- |
Start-up Costs | -/- | -/- |
Equipment | -/- | -/- |
Inventory | -/- | -/- |
Receivables | -/- | -/- |
Payroll | -/- | -/- |
Training & Support |
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Training | - | - |
Support | - | - |
Marketing | - | - |
Operations | - | - |
Expansion Plans |
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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!
PROGRAMS AVAILABLE: 1. SINGLE-UNIT DEVELOPMENT: Franchisee opens a restaurant at a specific address Franchisee is able to open additional units based on franchisee's ability and desire to expand 2. AREA DEVELOPMENT: Secures exclusive rights to a market. Minimum development is five restaurants Opens and operates the units in the development area Receives a reduction in franchise fees (based upon number of restaurants opened) Pays an area development fee based on the demographics of the territory. However, a credit is given against the franchise fee as each restaurant opens 3. MASTER DEVELOPER: Secures exclusive rights to a geographic area (County, state, country). There are minimum requirements for the territory (not less than a twenty-store market). Shares in franchise and royalty fees for performing services (sales, operations, training) to franchisees in the market for the term of the franchise & renewal periods Has an opportunity to participate on a large scale in building an international concept May enter into a management agreement to provide services beyond the term of the Master Agreement. Receives a Reduction in Fees for Developer- Owned and Operated Units Based on Master's Percentage Participation in the Fees Received for Providing Services Represents an opportunity to participate on a large scale in Building an International Concept Is required to open one restaurant that serves as the training facility before opening franchise restaurants in the area Pays a master developer fee based on the size of the territory and the demographics of that market