Figaro's
- Figaro's Italian Pizza, Inc.
1500 Liberty St., S. E.
Salem, OR 97302-43
-
(888) 344-2767
/
(503) 371-9318
- (503) 363-5364 (Fax)
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
Operating Units
| Franchised Units |
70 |
100.0% |
| Company-Owned Units |
0 |
0.0% |
| Total Operating Units |
70 |
100% |
Geographic Distribution
| USA |
74 |
97.4% |
In 20 States
|
| Canada |
0 |
0.0% |
In 0 Provinces
|
| International |
2 |
2.6% |
In 1 Foreign Countries
|
| Total |
76 |
100% |
|
Multi-Unit Operators
| Multi-Unit Operators |
N/A |
| Franchises Owned by Multi-Unit Operators |
N/A |
North American Unit Density
| Density |
Units |
| Oregon |
43 |
| California |
10 |
| Wisconsin |
9 |
Registered in the 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
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Support and Training
General Information
| IFA Member |
Yes |
| CFA Member |
No |
| Franchisee Association? |
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
|
Ongoing Support
| Central Data Processing |
N/A |
| Central Purchasing |
Included |
| Field Operation Evaluation |
Included |
| Field Training |
Included |
| Initial Store Opening |
Included |
| Inventory Control |
Included |
| Franchisee Newsletter |
Included |
| Regional or National Meetings |
Included |
| 800 Telephone Hotline |
Included |
Training
| Store Opening |
9 - 11 Days |
| Mentorship |
3 - 5 Days |
| Training School - 3 Options |
14 Days |
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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% |
Site Information and Requirements
| Average Number of Full-Time Employees |
2-3 |
| Average Number of Part-Time Employees |
8-12 |
| Space Needs (in square feet) |
1,100
|
| Preferred Site Types |
Free Standing Building, Strip Center
|
| Encourages Conversions |
No |
| Item 19 (Earnings Claim) Provided? |
Yes |
| Listed in the SBA Registry? |
No |
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Franchisee Qualifications
| Financial Net Worth |
5 |
| General Business Experience |
3 |
| Specific Industry Experience |
2 |
| Formal Education |
1 |
| Psychological Profile |
1 |
| Personal Interviews |
3 |
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Terms of Contract
| Term of Initial Contract |
5 |
| Term of Renewal Period |
5 |
| Passive Ownership? |
Allowed, but discouraged |
Area Development
Agreements? |
Yes, for 5 years
|
Sub-Franchisor
Contracts? |
Yes |
| Franchisees Allowed to Expand Within Territory? |
No |
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Expansion Plans
| Projected New Units Over Next 12 Months |
15 |
| USA |
Yes, All except Maryland and Hawaii |
| Canada |
Yes, All Canada |
| Overseas |
Yes, All Countries |
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