How to Open a Chuck E Cheese Franchise
The Chuck E. Cheese’s franchise offers many exciting benefits to franchise owners as it is not only a well establish company in a profitable market but also one that takes good care of its franchise family all throughout the operation.
Chuck E. Cheeses follows a family entertainment concept that first appeared in 1977 in San Jose.
It has since made its mark in the food industry not only among kids but among adults alike. Formerly known as Chuck E. Cheese’s Pizza Time Theatre, and Chuck E. Cheese’s pizza, the restaurant is considered the first of its kind as it caters to various people from all walks of life and not just the children as it was originally intended. The company has since developed into the ideal family setting with good food and an enjoyable atmosphere that is fully equipped with arcade games, vending games, an Animatronix and several other divisions of family fun and entertainment depending on what the boss opening and low to plan accordingly. Because of its continuous success in the market it has decided to open its doors to the franchising world and give other people a chance to experience the benefits that are from a Chuck E. Cheeses
The franchise currently has around 470 company-owned locations in the US and Canada today and is continually looking for new franchise owners nationwide. The company is known for having low turnover rates which is ideal for the franchise owner as he or she can gain more revenue from owning he franchise. With new locations opening every year the name and credibility of the company continues to grow therefore making the target market readily available upon operation of your establishment. There are no late nights at Chuck E Cheeses and it is closed on thanksgiving and Christmas, giving employees the well deserved rest and opportunity to spend quality time with their loved ones. Dedicated to high standards and development, there exists advanced opportunities for every franchise owner as he or she pushes the company to success. With the proven track record of upward mobility the franchise owner is guaranteed to immediately gain back the invested capital in no time. It is an equal opportunity employer with proven financial stability, a comprehensive benefits package, drug free workplace with a fun, family oriented work environment.
The total cost to open a Chuck E Cheeses Franchise is around $1,171,500 to $1,834,500 and you can initially buy the franchise for no money down. Key terms in the franchise such as cross default provisions, arbitration clause, personal guarantee, and default cure periods, non-compete agreement, and favorable valuations for corporate buyout may be negotiated as well as lower royalties during startup. You can also purchase multiple franchises for a discounted franchise fee, receive lower advertising fees, know when the franchise breaks even and to top it all off your personal assets including the home will be safe if ever failure in your business or establishment occurs.
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