How to Open a Little Caesars Pizza Franchise
Little Caesars is a popular pizza restaurant that first opened in 1959 and began its franchise operation in 1962. Follow the steps below to begin your journey of opening a Little Caesars pizza franchise where you will receive training and support all along the way.
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Instructions
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Visit the "Little Caesars Franchise Opportunities" website to read about how the franchise system works and understand the profit you will be able to make, as well as the franchise fees you will need to pay in order to be able to operate the Little Caesars.
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Realize that there are requirements you must meet in order to open a Little Caesars pizza franchise. A potential owner must have a net worth of at least $150,000 and a minimum of $50,000 should be liquid. It is also preferred that the potential owner have restaurant experience.
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Consult the "Little Caesars Franchise Opportunities" website to see how much it will cost to open a Little Caesars. It is estimated to cost between $109,000 and $299,000 to build and open a new Little Caesars' store.
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Watch the video testimonials on the "Little Caesars Franchise Opportunities" website. This will give you some first-hand information on how entrepreneurs opened their own Little Caesars franchise.
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Submit a franchise inquiry using the form on the "Little Caesars Franchise Opportunities" website. Little Caesars will then mail you the franchise application, which you can fill out and submit.
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Receive approval to open a Little Caesars franchise and receive the Uniform Franchise Offering Circular, which you will need to sign and return if you decide that opening a Little Caesars is the best step for you.
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Attend a discovery day at Little Caesars' headquarters and begin the site selection and training process so you can open your new Little Caesars franchise.
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Tips & Warnings
Franchise fees include and are not limited to the initial franchisee fee, continuing royalty payments, advertising fees and other expenses outlined by the franchise agreement.
The franchise agreement outlines the type of control you as the franchisee have over certain decisions regarding your franchise.
Consult a lawyer and accountant to read over the franchise agreement before you sign and make the commitment to open a franchise.
Investigate a franchisor thoroughly before signing any type of agreement with them by researching them with the Better Business Bureau and contacting other franchise owners to speak to them about their experiences.
