Multi-Unit Franchisee Magazine Special Edition | Page 47

MULTI-UNIT Buyer’s Guide FOOD Demographics • 70,000 population within a 3 mile radius • 34,000 daytime population within a 3 mile radius • $40,000–$70,000 median household income • End cap preferred • 2,800–3,600 square feet OPPORTUNITY Description CiCi’s Pizza is the nation’s largest pizza buffet concept, with approximately 500 restaurants located in 33 states. CiCi’s is a proven concept with 30 years of brand heritage and no significant competitors in the pizza buffet segment. Our family-friendly restaurants feature a delicious custom pizza buffet that includes pastas, salads, soup and desserts for one great price. With average unit volumes of $913,150 (based on 2013 system sales average of stores open 52+ weeks) and a 2:1 sales-to-investment ratio (based on an invest of $443,801–$716,580), CiCi’s is a predictable, sustainable investment opportunity. Rankings Coppell, Texas–based CiCi’s Pizza opened its first restaurant in Plano, Texas, in 1985 and has nearly 500 restaurants in 33 states. Known for its endless pizza, pasta, salad, soup and dessert buffet, CiCi’s won the Technomic 2014 Consumers’ Choice award for best kid-friendly quick service restaurant, and has been listed by Zagat and Parents magazine as a top family-friendly restaurant. CiCi’s was recognized by G.I. Jobs as a Military Friendly Franchise®, and Entrepreneur named CiCi’s to its Franchise 500 list. • High traffic, high visibility, easy ingress and egress, strong retail and restaurant presence Fast Franchise Facts Franchising Since: 1985 Multi-Unit Franchisee Operating Units: 25% Total Franchise Operating Units: 416 Company Operating Units: 31 Capital Investment: $443,801 - $716,580 Franchise Fee (per unit): $30,000 Royalty Fee (per unit): 4% - 6% Advertising Fee (per unit): 5% Earnings Claims: Yes Build-Out Options: In-line or freestanding Available Territories: United States Contact Michael Iglesias Director of Franchise Development [phone] [email protected] cicispizza.com At CiCi’s Pizza, culture is key. Franchisees should possess a passion for the brand and serving guests and families in a fast-paced environment. The ideal candidate should have an entrepreneurial spirit and possess multi-brand experience. Candidates are required to demonstrate a minimum of $250,000 in liquid capital, a net worth of $750,000 per unit, and a credit score of 720 or better. SITE LOCATION Assistance CiCi’s franchisees are supported by our real-estate department to assist in finding a location that meets CiCi’s demographic and site criteria. Our construction department provides support in developing architectural plans and monitoring construction for restaurant opening. MUBG2015_listings_4.indd 45 Qualifications MULTI-UNIT BUYER’S GUIDE 2015 45 3/18/15 11:00 AM