Qualified Service-Disabled Veterans

Eligibility: 
Any honorably discharged, service-disabled veteran who meets the requirements of CVE, M4L and Little Caesars. Candidates must show a letter of rating from the VA, or show the designation of service-disabled on their DD214. This program was created to offer business opportunities to veterans who find themselves at a crossroads either when transitioning to civilian life, or seeking a career change. Existing Little Caesars franchisees are not eligible for this program.

Benefit Value:
Approximately $68,000

Program Benefits

	Franchise Fee: $20,000 credit off the franchise fee for the first store
	Equipment: $10,000 credit toward initial equipment for the first store (all equipment must be purchased from Blue Line Foodservice Distribution to receive credit).
	Financing: Qualified candidates meeting Little Caesar’s & Crossroads Financial’s qualifications will receive: • Preferred status on credit and financial qualifications for loan approval • Low fixed rates with interest rates below market • Favorable repayment terms with 6-12 months of low payments while the site is under construction • Consideration for structuring loan with balloon payment of 10-20 percent to further lower cash flow outlays and extend financing terms (if needed) • Up to 100 percent financing of the remaining balance after applying any credits and benefits extended to the candidate by Little Caesars and supporting sponsors • No advanced payments required at the time of loan closing • Financing benefit can be approximately $20,000
	Marketing: • Free print distribution of 10,000 pre-printed inserts for Grand Opening • Free market distribution planning and mapping
	• Free print for Grand Opening, or free print and distribution if the store opens in a “Shopper” market: includes 20,000 pre-printed inserts (2 drops of 10,000, typesetting, 2 black plates for print customization, and shipping to distributor if required) • Free market demographics report and mapping support
	• Free Grand Opening Kit* includes “Coming Soon” window banner, “Now Hiring” window banner, “Grand Opening” window banner, 250 balloons with valve for helium, 25' string pennants (orange & yellow), shakerboard, one case of  Little Caesars Cookies, 5 “Now Open” step stakes signs, 5 “Now Hiring” step stakes signs, 25 HOT-N-READY® yard signs, and a HOT-N-READY® exterior banner.
	• Free Grand Opening publicity support (first 60 days) including implementation of publicity plan, pre-planning and communication with franchisee, press releases to local media, follow-up contact with local media, and publicity summary to franchisees.
	* Specific Grand Opening Kit items may be substituted with items of similar or equal value. Recruitment: One free “On Site” flexible internet posting for employee recruitment for one year.
	Beverages: Free “first filling” of the restaurant beverage cooler. This benefit does not apply to fountain beverages.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

The Steps

The Steps to Explore a Veterans Program Franchising Opportunity With Little Caesars Are:

Contact the Center for Veterans Enterprises (CVE) (VACVE@va.gov or toll-free @ 866.584.2344), or Marine For Life (M4L) (www.M4L.usmc.mil or 866-M4L-USMC)
• They will review the requirements involved with owning a business and Little Caesars’ minimum qualifications to become a franchisee.

CVE / M4L Referral:
• They will refer qualifying veterans to Little Caesars

Application:
• You will receive a franchise application that will require providing Little Caesars with personal and financial information, as well as a basic business plan.

Review the Uniform Franchise Offering Circular (UFOC):
• This disclosure document is required by the Federal  Trade Commission and will provide you with valuable information about Little Caesars.

Interview and On-the-Job Evaluation:
• The interview will be conducted at Little Caesars world headquarters in Detroit, MI. While there, you will have the opportunity to spend one day working in a Little Caesars restaurant so you can experience first hand what is required to run the business.

Approval of Franchise Application and Fee:
• Upon verification of the information in your application and subject to approval by the Little Caesars review committee, you will receive an approval letter. A preliminary fee will be required at this time for non-service disabled veterans. No fee is required for disabled veterans.

Financing:
• If you have not already secured financing, you will need to do so at this time. 

Site Selection and Lease Negotiation:
• Little Caesars will assist you in selecting a site for your new Little Caesars restaurant. You will negotiate the lease with the prospective landlord.

Training:
• You will participate in a six-week in-store and classroom training program in Detroit to prepare you to operate your store.

Grand Opening:
• After construction is completed, you will implement your marketing plan with a Grand Opening event to launch your business.

Ongoing Support:
• Your Franchise Services representative will contact you, and visit your area periodically for special events, or to update you with the latest Little Caesars information.