 | Figaro's Italian Pizza Inc.
Required Capital $60,000 - $500,000
Units 105
Required Net Worth $200,000+
Started 1981
Power you future by selling fresh, delicious, top-quality Figaro’s Pizza, tuned and tested by more than 20 years in business. Team up with Figaro’s and you’ll participate in one of the fastest growing, most respected franchise operations in the country.
IT'S ALL ABOUT GREAT TASTE
Pizza is universally popular and is a $29 billion dollar a year industry in the United States. It’s quick, convenient, affordable, nutritious and, of course, delicious. It appeals to people of all ages and demographics. In an era of households where both parents work outside the home, of late hours and long commutes, of healthy, active lifestyles and of a universal demand for speed, quality, value and convenience, pizza provides a quick, no-hassle meal for family and friends.
Today, families enjoy pizza hundreds of times annually at lunch, dinner, before the game or after the show. Although the fall and winter seasons are traditionally the strongest for pizza consumption, demand is solid throughout the year. Pizza vendors have also sustained pizza's popularity year after year by modifying ingredients to suit changing consumer tastes.
With nearly 3 billion pizzas sold annually, customers perceive pizza to have the highest value for the dollar of all food choices, which makes pizza less vulnerable to recession. Gary Dunell, publisher of Pizza Today magazine says, "Pizza is virtually recession proof."
BENEFIT BY OUR POPULAR CONCEPT
Figaro’s offers the pizza segment’s hottest concept– take-and-bake pizza. Customers can also choose to have our fresh and delicious pizza baked in the store and ready to eat. Plus, we offer other tasty menus items like calzone, lasagna, fresh salads, and breadsticks.
EASY TO OPERATE, EASY TO LOVE!
Figaro’s has locations in freestanding stores, strip centers, inside supermarkets, inside gas stations and inside video stores. And Figaro's is extremely well suited for locations in small communities. With proven success in the take-home-and-bake concept, plus the addition of offering the best baked pizza, Figaro's appeals to a broad segment of the community.
YOU GET A TOTAL PACKAGE
We help with site selection – The right store location can make or break any business. So once you've selected your store location, Figaro's experienced management team works with you to research the site. Figaro's then provides a detailed set of plans. Compared to other food service operations, start-up and overhead operating costs of a Figaro's Pizza franchise are surprisingly low.
We provide a complete business system – Every aspect of the start-up, operation, inventory management and marketing of a Figaro's unit has been designed to aid you. Because Figaro's only succeeds when you do, our management resources are there to assist you through every aspect of your operation. We’re there from the start to train you and get you up and running. Then we provide complete, ongoing operational and marketing support, merchandising assistance, and constant menu development and testing. From financing assistance and accounting systems to operating procedures and employee training, your liaison with Figaro's will smooth the way.
YOUR BOTTOM LINE IS OUR TOP PRIORITY
Our commitment to you is maximum traffic, maximum customer loyalty and maximum revenue for your Figaro’s store.
YOU CAN DO THIS
All the benefits of a Figaro’s Pizza franchise come with an initial investment so affordable it will amaze you. Get all the delicious details by filling out the Express Request form below!
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It's
All About Great Taste
Pizza is a $29 billion dollar a year industry in the United States-one of
the fastest-growing fast food segments.** And Figaro's offers one of the
nation's most delicious, highly rated pizzas.*** Figaro's ingredients are
always fresh and of the very highest quality-this is pizza you'll be proud
to sell.
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Benefit
by Our Popular Concept
Figaro's offers the pizza segment's hottest concept- take-and-bake pizza.**
Customers can also choose to have our fresh and delicious pizza baked in
the store and ready to eat. Plus, we offer other tasty menus items like
calzone, lasagna, fresh salads and breadsticks.
Easy to Operate,
Easy to Love
Figaro's Pizza locations include freestanding stores, strip centers, inside
supermarkets, inside gas stations and inside video stores. And Figaro's
is extremely well suited for locations in small communities. With proven
success in the take-home-and-bake concept, plus the addition of offering
the best baked pizza, Figaro's appeals to a broad segment of the community.
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A
typical store will employ eight to twelve people at approximately minimum
wage. High school students and semi-retired people make excellent candidates.
A full-time manager is also required to handle the day-to-day operations.
Many franchisees choose to serve as manager. Most stores are open from 11:00am
to 9:00pm Sunday through Thursday, and until 10:00pm on Friday and Saturday.
You may choose to extend these hours depending on your location and your
customer base.
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You
Get a Total Package
We help with site selection - The right store location can make or break
any business. So once you've selected your store location, Figaro's experienced
management team works with you to research the site. Figaro's then provides
a detailed set of plans. Compared to other food service operations, start-up
and overhead operating costs of a Figaro's Pizza franchise are surprisingly
low.
We provide a complete
business system - Every aspect of the build out, start-up, operation,
inventory management and marketing of a Figaro's Pizza unit has been designed
to aid you. Because Figaro's only succeeds when you do, our management
resources are there to assist you through every aspect of your operation.
We're there from the start to train you and get you up and running. Then
we provide complete, ongoing operational and marketing support, merchandising
assistance, and constant menu development and testing.
What
does it cost?
Depending on the leasehold improvements and signage of your unit, the
total start-up costs for a Figaro's store will average between $85,000
and $201,100 (U.S. currency). This cost includes an initial franchise
fee of $24,500 (U.S.) for your first franchise. The initial franchise
fee for additional units and multi-unit developments is reduced as described
in our disclosure document. These fees are subject to change based solely
on the discretion of Figaro's Pizza, Inc. The initial franchise agreement
is five years, with options to renew at no additional cost.
| Franchisees pay
a fee of 5% of gross sales, exclusive of sales taxes, on a weekly
basis. This fee permits you to use Figaro's name, trademarks, logos
and operating systems and provides access to new product and systems
development, purchasing power discounts and continuous and comprehensive
ongoing support. |
Local store advertising
is the responsibility of each franchisee and is mandatory under our franchise
agreement. Franchisees are required to spend each calendar month an amount
equal to 3% of their gross sales from the preceding calendar month for
local advertising and promotion. Most franchisees spend more than this
in order to grow their business. Franchisees also must remit a weekly
advertising and marketing fee of 3% of gross sales, excluding sales taxes,
to Figaro's advertising fund. This fund is used to meet any and all costs
of maintaining, administering, directing and preparing advertising materials
for the Figaro's chain. Figaro's Pizza, Inc. solely determines the use
of the advertising fund and fees.
You Can Do This
All the benefits of a Figaro's Pizza franchise come with an initial investment
so affordable it will amaze you.
*Entrepreneur Magazine
Franchise 500, 2000
**Nation's Restaurant News; 6/25/01
***Pizza Today; Hot 100, 2000
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