Staying on the pizza topic for a moment…..Little Caesar’s and Donatos (both pizza) have a large number of former company executives that have transitioned to franchisees. That is a good sign and both are adding units faster than their counterparts in the industry, each for different reasons (LC for price, D for uniqueness). Little’s Caesars hot-and-ready pizza deals have been a hit with a simultaneous improvement in quality from high speed impingement ovens. Donatos’ pizza is a very unique thin pizza similar to a St. Louis style or Chicago thin style, and it has operations and pizza assembly down quicker than anyone I’ve seen. Surprisingly, Little Caesars makes their own dough while Donatos uses preformed frozen dough that arrives ready to bake on a disc.
Asking a franchisor salesman how many executives or former executives are franchisees is a great question.
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Ryan is an attorney and valuation specialist residing in Chicago. He chronicles his thoughts and research on FranchisePundit.com. You may reach him by email ryanknoll@gmail.com or mobile telephone 312-715-8115.
Additionally I would like to know their total compensation package before deciding to become zees and if they are opting for single unit or multi-unit agreements.
That would be interesting to know too. I wouldn’t be surprised if some franchisors have incentive programs for their management team that grant or discount franchise units. I haven’t seen it but I’m sure they can exist. Have you ever heard of that?
Ryan queries thusly:
I wouldn’t be surprised if some franchisors have incentive programs for their management team that grant or discount franchise units.
My reply:
My understanding is ACE does.
Kindest regards,
FuwaFuwaUsagi
Correction, I checked it is True Value not ACE I meant to reference. My mistake – sorry. True Value’s VP is an owner operator, not sure about ACE.