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Below is an in-depth analysis and side-by-side comparison of CiCi's Pizza vs Chuck E. Cheese's including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $209,962 - $1,056,527 | $1,170,000 - $1,830,000 |
Franchise Fee | $30,000 | $50,000 - $800,000 |
Royalty Fee | 4 - 6% | 5% |
Advertising Fee | greater of $2300 or 3% of sales | 0,75% |
Year Founded | 1985 | 1977 |
Year Franchised | 1987 | 1977 |
Term Of Agreement | 10 years | - |
Term Of Agreement | 10 years | - |
Renewal Fee | - | - |
Business Experience Requirements |
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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 |
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Financing Options |
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In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | No/No | -/- |
Start-up Costs | No/No | -/- |
Equipment | No/No | -/- |
Inventory | No/No | -/- |
Receivables | No/No | -/- |
Payroll | No/No | -/- |
Training & Support |
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Training | 8-12 week training process (the VP of Training may require additional training at his/her discretion, as successful completion of training is based on proficiency) | - |
Support | Newsletter, Meetings, Security/safety procedures, Field operations/evaluations | - |
Marketing | National advertising | - |
Operations |
60% of all franchisees own more than one unit Number of employees needed to run franchised unit: 25-30 | - |
Expansion Plans |
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US Expansion | Yes | Yes |
Canada Expansion | No | - |
International Expansion | No | Yes |