Little Caesars® Pizza Expands into The Republic of Singapore

Little Caesars Pizza, the third largest pizza chain, will open its first franchise pizza restaurant in the Republic of Singapore in January 2019. The global pizza brand, which is currently operating in 23 countries and territories, is continuing the expansion of its international franchise of pizza footprint with new restaurants in Southeast Asia. The franchisee, Palm Tree Foods Pte Ltd., is owned by James Kodrowski. Kodrowski, who also manages a group of companies that operate in the region. The first restaurant under the new franchise relationship will be located at the Income at Raffles building in Singapore. Additionally, Little Caesars Pizza will open its first location in the Philippines in January.

“Our expansion into this region was motivated by its strong growth in the food and pizza industries, plus a population of middle-class customers that will double by 2020,” said Paula Vissing, Senior Vice President of International for Little Caesars Pizza. “Singapore’s economy has been ranked among the most open in the world, and one of the most pro-business, making it a catalyst for economic development and innovation.”

Little Caesars Pizza has grown its international presence with franchisees in Latin America, the Middle East, Australia, Canada, the Caribbean, and Mexico. “We’re excited to introduce HOT-N-READY to our customers,” Vissing said. “It’s so popular in other countries because guests can enjoy a delicious pizza in 30 seconds or less for an incredible value, without having to call ahead or wait.”

Quick service restaurants (QSR) have long been a favorite of pizza lovers in the United States. Pizza popularity is also very attractive to international guests in search of delicious, affordable, quick-service meals. Based on a nationwide survey of QSR consumers in the U.S., conducted by Sandelman & Associates that concluded in 2017, Little Caesars was the “Highest-Rated Chain Value For the Money.”

Little Caesars Pizza is also cultivating new franchise pizza opportunities throughout the region and is accepting inquiries from interested entrepreneurs eager to join a world-famous pizza franchise business. Start-up requirements and requests for information may be made at http://franchise.littlecaesarsinternational.com.

What is HOT-N- READY®?
HOT-N- READY means pizza hot out of the oven ready when you are. No need to call ahead, no need to wait and no limit! With Little Caesars HOT-N- READY pizza, you get the convenience of going in and out in 30 seconds or less. In addition to convenience, Little Caesars is known for its affordability and was named the “Best Value in America” for 11 consecutive years. The new restaurant in Singapore will offer HOT-N- READY^® classic pepperoni or cheese pizza as well as several other delicious offerings.

About Little Caesars Pizza^®Headquartered in Detroit, Michigan, Little Caesars^® is the largest carryout-only pizza chain in the United States*. Founded in 1959 as a single, family-owned restaurant, Little Caesars^® has become the third largest pizza chain in the world** with stores in 23 countries and territories worldwide, including in each of the 50 U.S. states.

Known for its HOT-N-READY^® pizza and famed Crazy Bread^®, Little Caesars^®has been named “Best Value in America” for eleven years in a row***. Little Caesars^® products are made with quality ingredients, like dough made fresh daily in the stores and sauce made from fresh-packed, vine-ripened California crushed tomatoes.

An exceptionally high growth company with more than 59 years of experience in the nearly $135 billion worldwide pizza industry, Little Caesars^®is continually looking for franchisee candidates to join our team in markets around the world. In addition to providing the pizza franchise opportunity for entrepreneurial independence in a franchise system, Little Caesars^® offers strong brand awareness with one of the most recognized and appealing characters in the country, Little Caesar.

*Largest carry-out only pizza chain in the US – based on net number of stores in 2017
**Third largest pizza chain in the world – based on net number of stores in 2017
*** Highest-Rated Nationally Distributed QSR Chain – “Value for the Money” based on a nationwide survey of quick-service restaurant consumers conducted by Sandelman & Associates 2007 – 2017.

PRNewswire

Frequently Asked Questions (FAQS) About Pizza Franchises

Is Pizza A Good Business?

Pizza is a very good business. Consider these 3 advantages to owning a pizza business: 1. Consumer demand: 13% of Americans over age 2 eat pizza on any given day. It’s popular all over. It is most popular in the Northeast and Midwest, according to PMQ Magazine. 3 We eat 3 billion pies per year. 2. Profitability: Ingredient costs are relatively low compared to the price charged, ensuring profitability. 3. Growing industry: The pizza industry is $47 billion a year, and franchises constitute $36.4 billion of that, according to research firm IBISWorld. It is forecast to continue growing over the next five years. Pizza has become a food staple — whether deep dish, thin crust, unusual toppings or more. Among food franchises it is one of the most popular categories. You get the benefits of the franchise system and branding, together with sound business fundamentals and help choosing locations.

How Much Do Pizza Shop Owners Make?

Accordion Sample DesThe amount you make with franchise pizza depends on the type of pizza business you operate. For example, the average Dominoes owner might expect to make between $107,000 to $116,000 per year, according to Glassdoor. However, a Papa John’s franchise owner might make about $142,000 before taxes, says Franchise.com. First, of course, you need to subtract out costs related to food, labor, marketing, supplies, royalty fees and real estate associated with these franchises.cription

Is A Pizza Franchise Profitable?

Yes, a pizza franchise can be profitable. For example, the top 75 percent of Marco’s Pizza restaurants made between $543,093 and $1,736,679 in net royalty sales in 2019. The average store spent about 31 percent on food and supplies and 25 percent on labor. The exact amount each store makes depends on the size, market, and expenses.

How Much Does It Cost To Open A Pizza Franchise?

Opening a pizza franchise can cost anywhere from $25,000 to over $1 million, depending on locations of your franchise business and other factors. Most fall somewhere between $200,000 and $600,000. Those that just offer a mobile component or pickup and delivery service tend to be cheaper. Large, dine-in restaurant locations with extensive menus fall on the more expensive end of the spectrum.