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Figaro's
 

Take the best pizza anywhere! Make it available to consumers either baked or 'take-and-bake;' for in-store dining, take-out, or delivery; add superior world-class store designs, systems, and marketing, and you have the opportunity Figaro's Pizza offers you today. Be the Boss. Instead of making a lot of money for everyone else, the time is right to make it yourself, building your own assets and equity. You deserve it. And we have just the right vehicle to make the move.

Franchisor Background

Year Established:

  1981

Franchising Since:

  1986

IFA Member



Operating Units:

Franchised Units:70 100%  
Company-Owned Units:0 0%  
 ______ _____  
Total Operating Units:70 100%  
 

Geographic Distribution:

U.S.:74 97.4% In 20 States
Canada:0 0% In 0 Canadian Provinces
International:2 2.6% In 1 Foreign Countries
 ______ _____  
Total:76 100%  
 

North America:

States/Provinces with the largest number of operating units:
DensityUnits    
1. Oregon43
2. California10
3. Wisconsin9

Registered in Following Registration States:

   California, Florida, Illinois, Indiana, Michigan, Minnesota, New York, North Dakota, Oregon, Rhode Island, South Dakota, Virginia, Washington, Wisconsin, District Of Columbia, Alberta

Financial Requirements

Investment:

Minimum Net Worth:$150K
Cash Investment:$150K
Total Investment:$91-398.5K
Average Total Investment:$245K
 

Fees:

Initial Franchise Fee:$35K
Average Franchise Fee:$23K
On-Going Royalty:5%
Average Royalty:5%
Advertising Fee:3%

Average Number of Employees:

   2-3 Full-time, 8-12 Part-time

Space Needs (in square footage):

   1,100

Preferred Sites:

   Free-standing Building, Strip Center

Other Sites:

  

Encourage Conversions?

   No

Earnings Claims Provided?

   Yes

Listed in the SBA Registry?

   No

Support and Training

International Franchise Association:Yes
Canadian Franchise Association:No
Franchisee Association/Member:No
Size of Corporate Staff:12
Site Selection Assistance?Yes
Lease Negotiation Assistance?Yes
Financial Assistance?Yes, Indirect
 

Marketing Support:

Co-Op Advertising:Yes
National Advertising:No
Regional Advertising:Yes
Local Advertising:Yes
Marketing Materials:Ad Slicks, Brochures, Coupons/rebates, Direct Mailers, Emails, Promotional Items, Radio Ads, Television Ads, Trade Show Exhibits
Additional Services:Grand Opening, In-house Marketing, Marketing Research, Newsletter, Online Extranet, Press Releases, Sales Strategies
Other Marketing Support:None Specified
 

On-Going Support:

Central Data Processing:Not Applicable
Central Purchasing:Included in Fees
Field Operation Evaluation:Included in Fees
Field Training:Included in Fees
Initial Store Opening:Included in Fees
Inventory Control:Included in Fees
Franchisee Newsletter:Included in Fees
Regional or National Meetings:Included in Fees
800 Telephone Hotline:Included in Fees
 

Training:

1. Training School - 3 Options14 Days
2. Mentorship3 - 5 Days
3. Store Opening9 - 11 Days
 

Franchisee Qualifications

Ranked from 1 (unimportant) to 5 (important):
 
Financial Net Worth:5
General Business Experience:3
Specific Industry Experience:2
Formal Education:1
Psychological Profile:1
Personal Interview(s):3

Minority Representation

Units Owned by Minorities:

African-American:1
Asian-American:8
Hispanic:2
Native American:0
Other:0
Specific Minority:We support minority fran; offering a discount to minority franchisees on the initial fee on their first franchise purchase.

Terms of Contract

Term of Initial Contract:5 Year(s)
Term of Renewal Period:5 Year(s)
Passive Ownership:Allowed
Area Development Agreements?Yes, for 5 Year(s)
Sub-Franchising Contracts?Yes
Franchisees Allowed to Expand Within Territory?No

Expansion Plans

Projected New Units Over Next 12 months:

   15
U.S.:Yes, All except Maryland and Hawaii
Canada:Yes, All Canada
Overseas:Yes, All Countries
 
 
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