|
Below is an in-depth analysis and side-by-side comparison of Chuck E. Cheese's vs MOD Pizza including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
||
Investment | $1,170,000 - $1,830,000 | $714,000 - $1,900,000 |
Franchise Fee | $50,000 - $800,000 | $30,000 |
Royalty Fee | 5% | 5% |
Advertising Fee | 0,75% | 2% |
Year Founded | 1977 | 2008 |
Year Franchised | 1977 | 2008 |
Term Of Agreement | - | - |
Term Of Agreement | - | - |
Renewal Fee | - | - |
Business Experience Requirements |
||
Experience | To maintain our brand’s reputation, we ask that potential franchise owners meet the following:
Must be a resident of country to be developed and have knowledge of operating businesses including local regulations, real estate, and local cultures A passion for the brand, commitment and a drive to succeed Strong Leadership skills Strong business and financial acumen Good interpersonal and administrative skills An entrepreneurial mindset Capital to grow: Our minimum financial requirements are that potential franchise partners have a minumum of $800,000 in liquid assets that they can invest into each Chuck E. Cheese’s they develop If you would like to open 1-5 stores, it would require $800,000- $ 4 million in liquid assets to be invested in Chuck E Cheese’s. If you would like to open 6-10 stores, it would require $4- $8 million in liquid assets to invested in Chuck E. Cheese’s If you would like to open 11 or more stores, it would require $8.8 million in liquid assets to be invested in Chuck E. Cheese’s | - |
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 | Yes | - |
Canada Expansion | - | - |
International Expansion | Yes | - |
When Scott and Ally Svenson founded MOD Pizza in 2008, they knew the
last thing the world needed was another pizza place. In their hometown
of Seattle, they imagined a new way for people to enjoy pizza, by
bringing speed, individual style and value to one of America’s favorite
foods. But the real secret sauce wouldn’t be the product, it would be
the people who serve our communities - the MOD Squad. By taking care of
employees, they would take care of the customers, and the business would
take care of itself. It’s how we’ve built a culture of opportunity,
belonging and community since 2008, and it’s catching on
wholeheartedly.
If you’re in a State where MOD exists, chances are we already have a comprehensive plan to grow that entire state. If you’re in a state without a MOD, and you’d like to learn more, we’d love to hear from you. We’ll get back in touch as soon as possible, normally within a few days.