How to Buy a Cici's Pizza Franchise

Cici's Pizza restaurants offer family-style all-you-can-eat buffet dining, with 16 varieties of pizza, pasta, salads and desserts. The price for the buffet is relatively low. Cici's Pizza restaurants are only located in the United States, and are currently expanding into more locations.

Instructions

Difficulty: Moderately Challenging

1. Investigate all of the requirements to purchase a CiCi's Pizza franchise. The franchise information is n their website, cicispizza.com. Be aware that in order to own a Cici's Pizza franchise, you will have to pay the parent corporation and 4 percent royalty fee. All Cici's Pizza franchise owners must contribute 3% of their sales, or $2300 monthly, to a general advertising fund.
2. Determine if you qualify as a potential Cici's Pizza franchise owner. The parent corporation requires that franchise owners have cash liquidity between $81,600 and $130,200. The parent corporation does not provide financing. However, they do assist qualified candidates in acquiring loans.
3. Send your resume, financial information and a completed personal profile to Cici's Pizza corporate office, and wait for them to set up a telephone interview
4. Fund the initial startup costs by locating a third party lender. A new franchise owner can expect these costs to range from $409,000 to $651.000. The franchisee must have 20% of the startup costs in equity.
5. Work with the parent corporation to find a suitable location for your Cici's Pizza restaurant franchise. Cici's Pizza Restaurants typically require 4,200 square feet. You'll need 25 to 30 employees.
6. Attend your first training classes as a CiCi's Pizza franchise owner at the corporate training center. The parent corporation provides management training, ongoing field training and advertising support for their franchise owners.

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