Business & Finance Small Business

How to Buy a Cici's Pizza Franchise

Instructions

1

Investigate all of the requirements to purchase a CiCi's Pizza franchise. The franchise information is n their website, cicispizza.com.
Be aware that in order to own a Cici's Pizza franchise, you will have to pay the parent corporation and 4 percent royalty fee. All Cici's Pizza franchise owners must contribute 3% of their sales, or $2300 monthly, to a general advertising fund.
2

Determine if you qualify as a potential Cici's Pizza franchise owner. The parent corporation requires that franchise owners have cash liquidity between $81,600 and $130,200. The parent corporation does not provide financing. However, they do assist qualified candidates in acquiring loans.
3

Send your resume, financial information and a completed personal profile to Cici's Pizza corporate office, and wait for them to set up a telephone interview
4

Fund the initial startup costs by locating a third party lender. A new franchise owner can expect these costs to range from $409,000 to $651.000. The franchisee must have 20% of the startup costs in equity.
5

Work with the parent corporation to find a suitable location for your Cici's Pizza restaurant franchise. Cici's Pizza Restaurants typically require 4,200 square feet. You'll need 25 to 30 employees.
6

Attend your first training classes as a CiCi's Pizza franchise owner at the corporate training center. The parent corporation provides management training, ongoing field training and advertising support for their franchise owners.

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