Industry News | March 12, 2009

Little Caesars Veterans Program Continues to Grow

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Little Caesar Enterprises today celebrates U.S. veteran Rick Loz's second store with a grand opening in Easton at 2439 Butler St. One year ago, Loz opened his first Little Caesars franchise in Allentown.

"My Little Caesars store has been very well received in Allentown, and I'm excited to grow my business and bring the Little Caesars brand to customers in Easton," Loz says. "The Little Caesars Veterans Program has given me the opportunity to become my own boss and build for my family's future."

As a Little Caesars franchisee, Loz is able to apply the military skills he gained while he served as a captain in the U.S. Air Force to run his business. Before becoming a Little Caesars franchisee, he also was a project manager for a large telecommunications company. Loz was looking to transition into a new phase in his career and opted to become an entrepreneur to gain more independence.

"I've enjoyed building my Little Caesars business, and I encourage other veterans to explore transitioning into a second career with Little Caesars," adds Loz. "Franchisees receive the benefit of a proven system, ongoing training and a globally recognized brand. Little Caesars offers a great value to its customers, and I look forward to providing the Easton community with a high quality pizza for a great price."

"With talented veterans such as Rick joining the Little Caesars team and opening more stores, the Little Caesars Veterans Program continues to grow and provide veterans with business ownership opportunities," says David Scrivano, president, Little Caesar Enterprises, Inc. "Providing benefits to veterans is a critical first step toward their becoming entrepreneurs, but the fact that they are building their second stores really demonstrates the strength of the program."

Since the program launched two years ago, interest has remained high in the Little Caesars Veterans Program. Currently, more than 50 veterans are applying more than $1.5 million in credits and benefits to help them grow their Little Caesars businesses. To date, 2,500 inquires have been made about the program. Several veterans have opened second stores and more are expected to open their first stores under the program in the coming months.

The Little Caesars Veterans Program was created in 2006 to thank veterans for their service and provide them with career opportunities when they transition to civilian life or seek a career change. It offers honorably discharged, service-disabled veterans who qualify as Little Caesars franchisees, a benefit of up to approximately $68,000 on their first store. Honorably discharged, non-service-disabled veterans who qualify as Little Caesars franchisees, such as Loz, are eligible for a benefit of up to approximately $20,000 on their first store.