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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 $619,500 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
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Amount
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Method of
Payment
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When Due
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To Whom Payment is to be Made
|
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Initial Franchise Fee
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$20,000 except as provided below
$15,000 for additional franchise by existing franchisee
$15,000 for Full-term Franchisees (as defined in Item 5)
$15,000 for Veterans program ($0 for service-disabled veterans)
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Lump sum
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If the franchise is for a new Restaurant, $5,000 deposit when we approve you to become a franchisee; balance when you sign Franchise Agreement or submit site for approval
|
Little Caesars
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Rent
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$1,500 to
$6,000
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As Arranged
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Monthly
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Lessor
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Leasehold Improvements
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$50,000 to
$300,000
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As Arranged
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As Incurred
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Suppliers
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|
Fixtures, Equipment, and Signage
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$80,000 to
$170,000
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As Arranged
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As Incurred
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Blue Line and Suppliers
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Grand Opening Advertising
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$11,000 to $20,000
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As Arranged
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As Incurred
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Suppliers and Media
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Training Expenses
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$7,000 to
$9,000
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As Arranged
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As Arranged
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Hotels, Airlines, etc.
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Start-up Inventory and Supplies
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$25,000 to
$35,000
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As Arranged
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As Incurred
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Blue Line and Suppliers
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Insurance
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$500 to
$1,500
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As Arranged
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Monthly
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Insurers
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Utility Expenses
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$1,000 to
$5,000
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As Arranged
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Monthly
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Utilities
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Licenses and Permits
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$50 to
$6,000
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As Arranged
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Annually
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Governments
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Additional Funds – 3 months
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$17,000 to
$47,000
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As Arranged
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Estimated needs for the first 3 months of operation
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Various
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TOTAL
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$193,050 to
$619,500
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FRANCHISE PROCESS TIMING
The steps to complete the franchise process with Little Caesars or any franchisor is largely dependent on the level of urgency and aggressiveness of the applicant being considered.
| Step 1: |
Submit your application with supporting documents. |
| Step 2: |
3 to 20 days - Your application, along with supporting documents, will be reviewed by Little Caesars. |
| Step 3: |
10 to 30 days - Once your application is qualified you will be sent a Franchise Disclosure document. |
| Step 4: |
20 to 40 days - After you have signed and returned the Franchise Disclosure documents, a Franchise License Advisor will contact you to schedule a Discovery Day and Interview. |
| Step 5: |
7 to 25 days - Upon completion of your Discovery Day and Interview, you will be notified if you have or have not been approved to become a Little Caesars franchisee. |
| Step 6: |
20 to 100 days – Once approved, Little Caesars franchisees are required to attend a real estate training and site selection class. |
| Step 7: |
60 to 120 days - After franchisees have completed the real estate training and site selection class they are required to attend a six week in-store operations training program. During this time, construction can begin. |
| Step 8: |
Grand Opening |
Total Process = 120 to 365 days
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The Little Caesars® Pizza name, logos, and related marks are trademarks of Little Caesars Enterprises, Inc.
Nothing in this website is intended nor shall it be construed as an offer of a franchise.
Offers are only made after applicable disclosure documents have been provided to a candidate. |