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  • Last Year Rank: 29
  • Investment Range: $350,000 - $1,427,500
  • Initial Investment: $20,000
  • Category: Restaurant
29. Little Caesars

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: $4,575,000,000*
  • US Units: 4,213
  • International Units: 1,175
  • Total Units: 5,388
  • Percent Franchised: 90%
  • % International Units: 22%
  • US Franchised Units: 3,652
  • International Franchised Units: 1,175
  • Sales Growth %: 2.8%
  • Unit Growth %: -0.9%
  • *Franchise Times Estimate