reading up on what's needed to open a Little Ceasars franchise.
evidently its around 500k, lengthy application and approval process, 4-18months
it has the highest rating of all food franchises by the Small Biz Administration and CNN (those were the two i read). The SBA states that out of 103 loans issued in the last 5 years for LC, only 1 (!!!!) has defaulted!! This is unheard of!!
How much of the $5 pizza is profit? Approx $.90 according to the same source quoted hundreds of times across the net. It is not a confirmed figure.
i will need to acquire some advice and direction before i begin the application process.
first and foremost, i have to obtain financing.
i see this happening only one way, i will have to have the investor apply for the biz loan ( i would not qualify in a million years..)
so what do i offer the investor? percentage of ownership? a good rate of return on his loan?