Preferred Lender for Little Caesars(R) Pizza Grows Business and Opens Second Store

Preferred Lender for Little Caesars(R) Pizza Grows Business and Opens Second Store

SPRINGFIELD, Ill., Dec. 2 // PRNewswire // -- Little Caesars' preferred lender Gary Vetter is celebrating the opening of his second store in Springfield, Ill. "I've been lending to Little Caesars franchisees, as well as franchisees with other brands, for 20 years and the Little Caesars opportunity is the best I've seen," said Vetter, who is also the president of Crossroads Financial, LLC.

Vetter will open his second location on December 2, 2008 at 1933 W. Iles Street with his wife Barbara and business partner Carrie Reter. "Little Caesars offers entrepreneurs the opportunity to own their own business and make decisions that impact the bottom line and their futures. After observing this as a lender to Little Caesars franchisees, I became a Little Caesars franchisee myself due to the growth potential and strength of the brand," added Vetter. Future plans include at least two more locations in the Springfield market.

"Little Caesars is well known for its great value, quick service, quality ingredients, and tremendous appeal to families. We look forward to serving the residents of Springfield with delicious Little Caesars pizza," said David Gray, National Vice President, Franchise Services, Little Caesar Enterprises, Inc.

Little Caesars was recently listed by the Small Business Administration (SBA) as one of the best loan performers among franchises with more than 60 SBA-guaranteed loans.* Little Caesars also works with preferred lenders, such as Vetter, who understand the business, which becomes increasingly important as it gets more difficult for entrepreneurs to secure financing in today's economy.

Some of the menu items they will feature in their store include HOT-N-READY(R) Pizza, Crazy Bread(R), Caesar Wings(R) and Caesar Dips(R).

Giving back to the communities in which Little Caesars does business has been part of the Little Caesars business philosophy since shortly after the franchise began in 1959. The Little Caesars franchise owners look forward to being a part of the Springfield community and supporting local school, church and community organizations including The Salvation Army-Overflow Shelter.

About Little Caesars

Little Caesars Pizza founders Michael and Marian Ilitch opened their first restaurant in Garden City, Michigan in 1959. Little Caesars built more stores in the U.S. in 2007 than any other pizza chain and today is the largest carry-out chain internationally with restaurants on five continents. Little Caesars is growing and offers strong brand awareness with one of the most recognized characters in the country, Little Caesar, who appeals to both adults and children.

In addition to Little Caesars Pizza, Ilitch companies in the food, sports and entertainment industries include: the Detroit Red Wings, Olympia Entertainment, Olympia Development, Blue Line Foodservice Distribution, Champion Foods, Ilitch Holdings, Inc., Uptown Entertainment, Little Caesars Pizza Kit Fundraising Program, and a variety of venues within these entities. Michael Ilitch owns the Detroit Tigers. Marian Ilitch owns MotorCity Casino Hotel.

*Source: Coleman Report, an annual compilation of performance data on thousands of SBA-guaranteed franchise loans.

SOURCE Little Caesars

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