#470
At a Glance
Products & Services: Baked pizza & bake-at-home pizza
Number of Locations: 72
Total Investment: $91K - 398.45K
Founded: 1981
Began Franchising: 1986
Private Owned
About Figaro's Pizza
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.
Franchise Units
| Year | U.S. | Canadian | International | Company Owned |
| 2011 | 66 | 0 | 6 | 0 |
| 2010 | 70 | 0 | 6 | 0 |
| 2009 | 83 | 0 | 4 | 0 |
| 2008 | 123 | 0 | 2 | 0 |
Where Seeking Franchisees: Franchisor is seeking new units internationally.
Startup Costs, Ongoing Fees and Financing
Total Investment: $91,000 - $398,450
Franchise Fee: $12,500 - $52,500
Ongoing Royalty Fee: 5%
Term of Franchise Agreement: 5 years, renewable
Franchise Fee: $12,500 - $52,500
Ongoing Royalty Fee: 5%
Term of Franchise Agreement: 5 years, renewable
Financial Requirements
Net Worth: $250,000
Liquid Cash Available: $50,000
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).| Financing Type | In-House | Third Party |
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How This Franchise Supports Franchisees
Training: 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
Franchise Ranking History
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