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29. Little Caesars

Last Year's Rank: 29

Investment Range: $350,000 - $1,427,500

Category: Restaurant

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Company Description

Little Caesars is the third-largest pizza chain in the United States, behind Pizza Hut and Domino’s. It has more than 4,300 locations in 18 international markets.

Mike and Marian Ilitch, who met on a blind date in 1954, founded the company. The first Little Caesars location opened in Garden City, Michigan, in 1959.

Little Caesars is known for its “Hot-N-Ready” deals, most commonly a large pepperoni pizza sold for $5. The concept has become a permanent fixture of the chain, shifting Little Caesar’s business model toward carryout customers.

Company Statistics

Global Sales: $4,450,000,000*

US Units: 4,262

International Units: 1,175

Total Units: 5,437

Percent Franchised: 90%

% International Units: 22%

US Franchised Units: 3,700

International Franchised Units: 1,175

Sales Growth %: 1.1%

Unit Growth %: -0.5%

*Franchise Times Estimate

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