|
Below is an in-depth analysis and side-by-side comparison of Chuck E. Cheese's vs Wally's Old Fashioned 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 | $143,750 - $161,500 |
Franchise Fee | $50,000 - $800,000 | $25,000 |
Royalty Fee | 5% | - |
Advertising Fee | 0,75% | - |
Year Founded | 1977 | 1978 |
Year Franchised | 1977 | 0 |
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 | - |
We offer franchises for the operation of a "Wally's Pizza and Subs" business providing unique quick-service restaurant for carry out pizza, subs, salads and other food items, beverages and proprietary products under the name "Wally's Pizza and Subs." Wally's Franchise Systems, Inc. also engages in retail sales of proprietary food products and merchandise. The Franchise is operated in a free standing building or within a strip mall or retail rental location. The distinguishing characteristics of a Wally's Pizza and Subs include distinctive interior design, decor, color scheme, fixtures and furnishing, menus, recipes, the style and type of pizza we offer, homemade pizza sauce, competitive pricing, traditional methods, uniform (dress) standards, procedures for management control, training and assistance and advertising and promotional programs.