About Little Caesars

When Mike and Marian Ilitch invested their savings of $10,000 and a loan of $15,000 into opening their first pizza restaurant in Garden City, Michigan in 1959, they were hard-pressed for a name. Marion's nickname for Mike was "My Little Caesar." Thus began the world's largest takeout pizza chain.

History

Within 3 years, the first Little Caesars Pizza franchise was sold, and by 1969 the chain had expanded to 65 stores. Always innovative, it was the first to offer pizza in minutes at lunch and at a drive-through window, and the first to open a pizza store inside a stadium. Today, Illitch Holdings, Inc., is still run by the Illitch family and still based in Detroit. Besides Little Caesars Pizza, Mike and Marion own the Detroit Tigers, the Detroit Red Wings, the Fox Theater, Motor City Casino and many other enterprises in the Detroit area and nationwide.

Geography

Little Caesars Pizza can now be found worldwide, with restaurants in all 50 states as well as Mexico, Canada, Turkey, Ecuador, Egypt, Aruba, Curacao, Kuwait, Saudi Arabia, El Salvador, Japan, Qatar, Venezuela, UAE, Lebanon, Bahrain, Puerto Rico, Guam, South Korea, Honduras, Slovakia, the Dominican Republic, Czech Republic Iceland and Guatemala.
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Features

Mike and Marian Ilitch founded Little Caesars Pizza with the philosophy of giving back to their community, and expect their franchise owners to do the same. With programs such as The Little Caesars Veterans Program with incentives for military, The Little Caesars Love Kitchen to feed the needy in times of disaster, and their non-profit foundation Ilitch Charities for Children, Little Caesars is a shining example of an American success story.

Considerations

While a Little Caesars franchise is one of the highest-ranked businesses, it does require an investment of between $100,000 and $300,000 to build and open a new store, so potential investors must be well grounded financially. On the other hand, Little Caesars Pizza is the world's fourth largest pizza chain with over 2,400 stores that generate over $130 billion annually in sales, so there's little risk involved.

Features

With over four decades of franchise experience, Little Caesars has streamlined their store owner training system. Once a franchise has been purchased, the new owner can be fully trained and ready to open her store in as little as 6 weeks.