The global pizza brand
Little Caesars Pizza is entering India with its first two restaurants in India in Ahmedabad, Gujarat on January 29.
Paula Vissing, Senior Vice President of International for
Little Caesar Enterprises, Inc, said: “As we continue to expand our global
franchise pizza footprint, we are thrilled to bring
Little Caesars Pizza’s high quality, great-tasting pizza at an everyday value to India.
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“India is an incredibly important new market for Little Caesars and we anticipate significant growth throughout the country in the next several years,” she added.
In Ahmedabad, Little Caesars will introduce an all-Vegetarian menu featuring a signature 10″ HOT-N-READY® Veggie Pizza for ?159 all day, every day, plus other delicious offerings. The innovative HOT-N-READY® concept allows customers to simply stop in and carry out a selection of freshly made, great-tasting pizza and side items without waiting or ordering ahead.
Headquartered in Detroit, Michigan, Little Caesars was founded in 1959 as a single, family-owned restaurant. Today, it is the third-largest pizza chain in the world in terms of the net number of stores in 2019, with stores in each of the 50 states in the US and 26 countries and territories around the world.
Source: NRAI
Frequently Asked Questions (FAQS) About Pizza Franchises
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.
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
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.
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.
