| ||||
Updated RecentlyThe Loop Pizza Grill vs California Pizza Kitchen Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of The Loop Pizza Grill vs California Pizza Kitchen including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
||
| Investment | $525,000 - $900,000 | N/A |
| Franchise Fee | $30,000 | N/A |
| Royalty Fee | - | - |
| Advertising Fee | - | - |
| Year Founded | 1981 | 1985 |
| Year Franchised | 1990 | 0 |
| Term Of Agreement | - | - |
| Term Of Agreement | - | - |
| Renewal Fee | - | - |
Business Experience Requirements |
||
| Experience | - | * Proven track record in the restaurant industry * Current ownership of multiple restaurants with an established infrastructure, preferably full service U.S. brands * Previous franchise restaurant experience * Strong knowledge of market trends, real estate, governmental issues, distribution and labor * Minimum of $5 Million total net worth * Minimum of $2 Million cash available for investment * Franchise partner must have the resources and be willing to send multiple managers and several key restaurant employees to California for a 3 month training program. * All minimum requirements are subject to California Pizza Kitchen's collective evaluation of the potential franchise partner If you feel you meet the initial criteria and are interested in franchise opportunities, please tell us more about yourself and your company in the following preliminary application. |
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 | - | - |
Company Overviews
About The Loop Pizza Grill
The Loop Pizza Grill is a neighborhood fast-casual restaurant that
offers the quality and atmosphere of a full-service dining
establishment. As a pioneer of the fast-casual segment for 30 years, The
Loop Pizza Grill was one of the first restaurants to offer a variety of
made-to-order fresh foods in an upscale environment. The Loop serves a
variety of signature pizzas, burgers, salads, sandwiches and hand-dipped
milkshakes. Open for lunch and dinner, the average sales volume per
restaurant is $1.2 million, with guest checks averaging $10. Based in
Jacksonville, Fla., The Loop Pizza Grill was founded by Mike and Terry
Schneider in 1981 as a 60-seat restaurant.
The franchise fee for a single LOOP franchise is $30,000. The fee is payable in two phases: $15,000 at the execution of the agreement, and $15,000 when a lease is signed or training begins.
About California Pizza Kitchen
All U.S. Locations Are Company-Owned, Not Franchises
California Pizza Kitchen is a leader in authentic California-style cuisine both domestically and internationally. Our diverse menu items from Kung Pao Spaghetti to Tostada Pizza provide an assortment of worldly flavors. In 1998, the first international CPK opened, beginning the company's global expansion. CPK is now considering additional expansion opportunities in select markets with experienced restaurant franchisees.
California Pizza Kitchen is always looking for passionate, experienced partners to help us expand into new markets as we continue to grow our worldwide brand. We provide best-in-class training and development in all areas of our business in addition to on-the-ground support.
International Franchising Requirements
* Proven track record in the restaurant industry
* Current ownership of multiple restaurants with an established infrastructure, preferably full service U.S. brands
* Previous franchise restaurant experience
* Strong knowledge of market trends, real estate, governmental issues, distribution and labor
* Minimum of $5 Million total net worth
* Minimum of $2 Million cash available for investment
* Franchise partner must have the resources and be willing to send multiple managers and several key restaurant employees to California for a 3 month training program.
* All minimum requirements are subject to California Pizza Kitchen's collective evaluation of the potential franchise partner