If you want to open a branch of the Little Caesars chain, you should know that it is known for charging a franchise fee of $20,000. However, in certain situations they may be flexible and accept a smaller amount of $15,000, according to data from Visa Franchise.
Additionally, starting a standard Little Caesar’s franchise requires a total investment ranging from $359,700 to $1.68 million, depending on the size of the store.
This amount includes various expenses such as the construction or lease of the premises, the purchase of equipment and supplies, and other expenses related to the start of the operation.
There are three store sizes: over 800 square feet, 475 square feet, and 675 square feet.
Little Caesars asks that you have available liquid capital of $150,000, which is the amount of cash or securities that you can easily convert into cash to invest or acquire financing, according to Franchise Help.
In addition, potential branch owners must have a net worth of at least $250,000.
This is requested by the company to ensure that you have the financial capacity to face the project.
You must take into account that the company makes available to you on its website some institutions that could finance you to start this venture.
The time it takes to open a Little Caesars is 4-12 months from franchise application to grand opening. This varies depending on factors such as store location, permits, and the selected franchise format.
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