Location: Twin Cities Metro Area
Industry: Food and Related Products
Listing ID: 15221048-YB
Listing Status: New
Don't miss this rare opportunity to own a Top 3 Pizza Franchise in the US. These long-standing and successful Little Caesars locations are all equipped with the latest technology, including Pizza Portal Pickup, and 3rd Party Delivery.
All 5-units are poised for continued growth in the rapidly expanding Twin Cities market. These restaurants enjoy a loyal customer base and tremendous ongoing growth potential in the communities they serve. The stores are well maintained, and the owner has kept accurate books and records.
Little Caesars has proven itself as the largest carryout-only pizza chain in the world, and in 2019 launched a game-changing 3rd party Delivery partnership with DoorDash, propelling the brand into the next stage of its growth. Little Caesars has regional teams throughout the world who provide support to marketing, operations, training, and supply chain functions. including local advertising programs and promotions, point-of-purchase materials, and more!
From the revolutionary Hot-N-Ready model, Little Caesars has continued to innovate, now offering on-the-go customers Pizza Portal pickup, putting fresh, affordable pizza in their hands within seconds. Little Caesars award-winning Pizza Portal Pickup is the first heated self-service mobile order pickup station (1) in the quick-service restaurant industry!
In the $48.6 billion US pizza industry, Little Caesars Pizza stands out as a brand with a straightforward business model focused on profitability and a strong culture of support and state-of-the-art technology - the time to join the pizza revolution is now!
Place: Each unit has a prime location in downtown or destination shopping area of each city.
Pizza! Pizza!: Little Caesars offers Hot and Fresh Pizza, with quality ingredients including dough made daily in the stores. The brand is also constantly evaluating the menu items in effort to drive new interest. Little Caesars recently released Stuffed Crazy Bread, the Pepperoni Cheeser! Cheeser!, and Slice-N-Stix, which combines four pizza slices with eight cheese bread sticks.
People: Little Caesars provides a comprehensive training program that consists of both classroom education and on-the-job learning. Its supply chain team will assist store owners in identifying efficient and safe suppliers who can consistently deliver high quality products to your stores. They work together to optimize costs and identify suitable local suppliers and sources for ingredients as the menu evolves.
INDUSTRY TRENDS (2)
• Restaurants represent the largest number of franchise establishments in the US. This “fast casual” segment is projected to grow 10.6% annually from 2021 to 2027, according to Allied Market Research.
• Around 80% of Americans say they eat fast food at least once a month.
• Record-breaking sales in 2021, Statista reported in April 2021, that consumer spending on pizza delivery in the United States reached approximately 14 billion U.S. dollars in 2020, the highest figure since 2007. The industry reported its largest year-on-year growth in recent years, increasing by around three billion U.S. dollars between 2019 and 2020.
(2) Vertical IQ
Down Payment: N/A
Total Sales: $3,461,859
Cash Flow: N/A
Accounts Receivable: N/A
FFE Included: Yes
Inventory Included: Yes
Year Established: N/A
Non-Owner Payroll: N/A
Real Estate: N/A
Monthly Rent: N/A
Type of Location: Twin Cities Metro Area
Reason For Sale: Personal