|
Below is an in-depth analysis and side-by-side comparison of Villa Italian Kitchen vs Chuck E. Cheese's including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
||
Investment | $302,950 - $1,016,000 | $1,170,000 - $1,830,000 |
Franchise Fee | $25,000 - $35,000 | $50,000 - $800,000 |
Royalty Fee | 6% | 5% |
Advertising Fee | - | 0,75% |
Year Founded | 1964 | 1977 |
Year Franchised | 1994 | 1977 |
Term Of Agreement | 10 years | - |
Term Of Agreement | 10 years | - |
Renewal Fee | $7.5K | - |
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 | No/Yes | -/- |
Start-up Costs | No/No | -/- |
Equipment | No/Yes | -/- |
Inventory | No/Yes | -/- |
Receivables | No/No | -/- |
Payroll | No/No | -/- |
Training & Support |
||
Training | On-The-Job Training: 133 hours Classroom Training: 6-12 hours Additional Training: At corporate locations | - |
Support | Newsletter Meetings/Conventions Grand Opening Online Support Security/Safety Procedures Field Operations | - |
Marketing | Social media SEO Website development Email marketing | - |
Operations |
Number of employees needed to run franchised unit: 10 Absentee ownership allowed. (90% of current franchisees are owner/operators)
| - |
Expansion Plans |
||
US Expansion | - | Yes |
Canada Expansion | No | - |
International Expansion | Yes | Yes |
For close to 45 years, Villa Enterprises has been operating and developing restaurant concepts, with over 300 locations globally today. When you become a Villa Enterprises franchisee, you're not only joining an experienced restaurant company, you're teaming up with a partner who is supportive and dedicated to your success.
Seeking new franchise units throughout the U.S.,
Asia, Canada, Central America, Eastern Europe, Middle East, Mexico, South America and Western Europe