ESTIMATED INITIAL INVESTMENT
Investing in a Little Caesars franchise is affordable and highly competitive with other quick serve restaurants. To qualify for consideration, prospective franchisees should have a minimum of $50,000 in liquid assets, have a minimum of $150,000 in net worth, and have the ability to obtain financing of up to $300,000.
The estimated initial investment required per franchise location ranges from approximately $193,050 to $592,500 for a standard Little Caesars carry-out location. Stores in the higher end of the range are typically free-standing buildings, not strip center locations. Of course, costs vary based on a variety of factors.
Please see Item 7 of our Franchise Disclosure Document for additional information, including our assumptions.
ITEM 7
ESTIMATED INITIAL INVESTMENT
YOUR ESTIMATED INITIAL INVESTMENT
(Franchise Agreement)
|
Type of Expenditure
|
Amount
|
Method of
Payment
|
When Due
|
To Whom Payment is to be Made
|
|
Initial Franchise Fee
|
$20,000
$15,000 for Renewing Franchisees
$15,000 for Veterans program ($0 for service-disabled veterans)
|
Lump sum
|
$5,000 deposit when we approve you to become a franchisee; balance when you sign Franchise Agreement or submit site for approval
|
Little Caesars
|
|
Rent
|
$1,500 to
$5,000
|
As Arranged
|
Monthly
|
Lessor
|
|
Leasehold Improvements
|
$50,000 to
$275,000
|
As Arranged
|
As Incurred
|
Suppliers
|
|
Fixtures, Equipment, and Signage
|
$80,000 to
$170,000
|
As Arranged
|
As Incurred
|
Blue Line and Suppliers
|
|
Grand Opening Advertising
|
$11,000 to $20,000
|
As Arranged
|
As Incurred
|
Suppliers and Media
|
|
Training Expenses
|
$7,000 to
$9,000
|
As Arranged
|
As Arranged
|
Hotels, Airlines, etc.
|
|
Start-up Inventory and Supplies
|
$25,000 to
$35,000
|
As Arranged
|
As Incurred
|
Blue Line and Suppliers
|
|
Insurance
|
$500 to
$1,500
|
As Arranged
|
Monthly
|
Insurers
|
|
Utility Expenses
|
$1,000 to
$5,000
|
As Arranged
|
Monthly
|
Utilities
|
|
Licenses and Permits
|
$50 to
$5,000
|
As Arranged
|
Annually
|
Governments
|
|
Additional Funds – 3 months
|
$17,000 to
$47,000
|
As Arranged
|
Estimated needs for the first 3 months of operation
|
Various
|
|
TOTAL
|
$193,050 to
$592,500
|
|
|
|