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  Home  >>  Restaurants (Sit-Down)  >>   Restaurants (Sit Down) - General




Figaro's Pizza
1500 Liberty St., S. E., # 160
Salem, OR 97302-4392


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Business Description

Fresh ingredients generously portioned lead to our pizzas having "Flavors that Sing!" Consumers love the food, you'll love the system. Celebrating our 25th anniversary in 2006, we've recently completed a brand refresh and have a new store design for both delivery/carry-out units as well as sit-down units. We provide continuously updated training, operations and marketing support both in the field and from the corporate office. Growing nationwide from a Northwest base, we currently have stores open in 20 states. We are accepting single store and multiple store operators as well as Master Franchise developers.

Franchisor Background

Year Established:  1981

Franchising Since:  1986

Operating Units:

Franchised Units:

115

100%
Company-Owned Units:00%
 
Total Operating Units:
115
100.0%
 
Geographic Distribution:
U.S.:11499.1%In 20 States
Canada:10.9%In 1 Canadian Provinces
International:00%In 0 Foreign Countries
 
Total:
115
100.0%
 
 
North America:
States/Provinces with the largest number of operating units:
DensityUnits
1. Oregon54
2. Washington12
3. Wisconsin13

Registered in Following Registration States: California, Florida, Hawaii, Illinois, Indiana, Maryland, Michigan, Minnesota, New York, North Dakota, Oregon, Rhode Island, South Dakota, Virginia, Washington, Wisconsin, District Of Columbia

Financial Requirements

Investment:
Minimum Net Worth: $250K
Cash Investment:$60-90K
Total Investment:$180-362K
Average Total Investment:$200K
 
Fees:
Initial Franchise Fee:$25K
Average Franchise Fee:$25K
On-Going Royalty:5%
Average Royalty:5%
Advertising Fee:3%
 
Average Number of Employees: 1 Full-time, 12 Part-time

Space Needs (in square footage): 1,100-1,600

Preferred Sites: Strip Center

Other Sites:

Encourage Conversions? Yes

Earnings Claims Provided?: No

Franchisee Qualifications
 
Ranked from 1 (unimportant) to 5 (important):
Financial Net Worth:5
General Business Experience:4
Specific Industry Experience:2
Formal Education:3
Psychological Profile:4
Personal Interview(s):5
 
Terms of Contract
 
Term of Initial Contract:5 Year(s)
Term of Renewal Period:5 Year(s)
Passive Ownership:Allowed, But Discouraged
Area Development Agreements?Yes, for 5 Year(s)
Sub-Franchising Contracts?Yes
Franchisees Allowed to Expand Within Territory?Yes
 
Support and Training
 
International Franchise Association:Yes
Canadian Franchise Association:No
Franchisee Association/Member:Yes, Member
Size of Corporate Staff: 19
Site Selection Assistance?Yes
Lease Negotiation Assistance?Yes
Financial Assistance?Yes, Indirect
 
Marketing Support:
Co-Op Advertising:Yes
National Advertising:Yes
Regional Advertising:Yes
Local Advertising:Yes
Marketing Materials:Ad Slicks, Brochures, Coupons/rebates, Direct Mailers, Emails, Promotional Items, Radio Ads, Television Ads
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:Not Applicable
Field Operation Evaluation:Included in Fees
Field Training:Included in Fees
Initial Store Opening:Included in Fees
Inventory Control:Not Applicable
Franchisee Newsletter:Included in Fees
Regional or National Meetings:Included in Fees
800 Telephone Hotline:Included in Fees
 
Training:
1. Salem, OR and Green Bay, WI14 Days
 
Expansion Plans
 
Projected New Units Over Next 12 months: 20

U.S.:

Yes, All United States
Canada:Yes, All Canada
Overseas:Yes, All Countries
Submit an online form to receive information from Figaro's Pizza.
    Coupons
    Pre-Qualifier Application
    Promotional Items