Figaro's Pizza
Baked pizza & bake-at-home pizzaBackground
Founded: 1981 Franchising since: 1986
Franchisor is a privately-held company with 29 employee(s); 6 employee(s) in franchise department.
Franchise Growth
Where Seeking Franchisees
In the U.S. Alaska, Alabama, Arkansas, Arizona, California, Colorado, Connecticut, Delaware, Florida, Georgia, Iowa, Idaho, Illinois, Indiana, Kansas, Kentucky, Louisiana, Massachusetts, Maryland, Maine, Michigan, Minnesota, Missouri, Mississippi, Montana, Nebraska, North carolina, North dakota, New hampshire, New jersey, New mexico, Nevada, New york, Ohio, Oklahoma, Pennsylvania, Rhode island, South carolina, South dakota, Tennessee, Texas, Utah, Virginia, Vermont, Washington, Wisconsin, West virginia, Wyoming
Worldwide
Exclusive territories available.
Territory size: 1-mile radius
Founded in 1981, Figaro's sells ready-to-eat as well as take-and-bake pizzas. Dick Bunge and partners purchased Figaro's in 1986, after seeing promise in the unique "We Bake or You Bake" concept.
Franchisees may operate carry-out, dine-in or delivery store models.
|
1500 Liberty St. S.E., #160 Salem, Oregon 97302 |
Phone: (503)371-9318
Franchisee Association
FNAB |
Franchisor is a privately-held company with 29 employee(s); 6 employee(s) in franchise department.
Franchise Growth
| Year | U.S. Franchises | Canadian Franchises | Foreign Franchises | Company Owned |
| 2009 | 83 | 0 | 4 | 0 |
| 2008 | 123 | 0 | 2 | 0 |
| 2007 | 108 | 1 | 0 | 0 |
| 2006 | 104 | 1 | 0 | 0 |
| 2005 | 102 | 0 | 0 | 0 |
Where Seeking Franchisees
In the U.S. Alaska, Alabama, Arkansas, Arizona, California, Colorado, Connecticut, Delaware, Florida, Georgia, Iowa, Idaho, Illinois, Indiana, Kansas, Kentucky, Louisiana, Massachusetts, Maryland, Maine, Michigan, Minnesota, Missouri, Mississippi, Montana, Nebraska, North carolina, North dakota, New hampshire, New jersey, New mexico, Nevada, New york, Ohio, Oklahoma, Pennsylvania, Rhode island, South carolina, South dakota, Tennessee, Texas, Utah, Virginia, Vermont, Washington, Wisconsin, West virginia, Wyoming
Worldwide
Exclusive territories available.
Territory size: 1-mile radius
Costs and Fees
|
Total investment: $91K-398.5K Franchise fee: $35K |
Ongoing royalty fee: 5% Term of agreement: 5 years, renewable |
Type of Financing Available
| In-House | Third Party | |
| Franchise Fee | No | Yes |
| Startup Costs | No | Yes |
| Equipment | No | Yes |
| Inventory | No | No |
| Accounts Receivable | No | No |
| Payroll | No | No |
Qualifications
Net worth requirement: $250K
Cash liquidity requirement: 30-50% of total
Business Experience:
- General business experience
- Marketing skills
Operations
- 61% of all franchisees own more than one unit
- Number of employees needed to run franchised unit: 9 - 13
- Absentee ownership of franchise is allowed. (39% of current franchisees are owner/operators)
Training and Support
Training
Ongoing Support
Marketing Support
Other marketing support
- Available at headquarters: 2 weeks
Ongoing Support
- Newsletter
- Meetings
- Toll-free phone line
- Grand opening
- Internet
- Security/safety procedures
- Field operations/evaluations
- Purchasing cooperatives
Marketing Support
- Co-op advertising
- Ad slicks
- Regional advertising
Other marketing support
- Local store marketing handbook
Rankings
Franchise 500® rank:
#374 (2009); #337 (2008); #310 (2007); #271 (2006); #294 (2005);
America's Top Global Franchises:
#188 (2006); #190 (2005);
#374 (2009); #337 (2008); #310 (2007); #271 (2006); #294 (2005);
America's Top Global Franchises:
#188 (2006); #190 (2005);