Figaro's Pizza
Food & Beverage QSRCompany Information
Address
1500 LIBERTY STREET SE, SALEM, OREGON 97302
Website
Tel
Email
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Franchise Summary
Description
The franchise will offer a limited menu of pizza, calzones, and other food and beverage products. Based upon the type of franchise you purchase from us, wewill grant you the right to use the Marks "FIGARO'S" or ""NICK-N-WILLY’S.
Company Background
Figaro's Pizza is a fast-casual restaurant that specializes in pizza, calzones, submarine sandwiches and other food and beverage products. Based on the type of franchise you purchase from us, we will grant you the right to use the Marks "FIGARO'S"(R) or "SARGO'S SUBS(R)" or both.
Franchise Opportunity
Solution:
Corporate Structure
Figaro’s Italian Pizza, Inc. is an Oregon corporation incorporated on March 21, 1986 as Italian Pizza, Inc. They are the continuation of Figaro’s Pizza, an unincorporated entity that operated from 1981 to 1986, in Salem, Oregon. The name of the corporation was changed to Figaro’s Italian Pizza, Inc. by duly filed Articles of Amendment on March 24, 1986. The principal place of business for Figaro’s Italian Pizza, Inc. is 1500 Liberty Street SE, Suite 160, Salem, Oregon, 97302.
Earnings Transparency
This Franchise discloses slightly more information about the financial performance of their franchisees compared to other franchises in the same industry
Why do some franchises disclose more than others?
There are many reasons why a brand may choose to not include item 19 on their FDD: they could be a newer franchise, they may be in a unique industry that is not super profitable or well-known yet
Financial Performance of "Standard" Units
Average Revenue Per Unit
Compared vs. QSR Industry$543,665 / unit
Franchise Type: Standard
Average Revenue During 2020
Franchise Types Available
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Employee Contact Database
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Distribution of Figaro's Pizza Franchisees
Figaro's Pizza Franchise System Development in 2020
FAQ
How much investment do I need to start my own Figaro's Pizza business?
Franchisees typically require at least $86 to $549 investment to get their Figaro's Pizza business started
What are the initial franchise fees for Figaro's Pizza?
Franchisees typically need to pay at least $61 in fees directly to Figaro's Pizza in order to earn the right to launch their business
How much money can I make with a Figaro's Pizza franchise? What are
the average revenues for a typical Figaro's Pizza business?
We estimate that the average revenue of an individual
Figaro's Pizza unit is approximately
$543,665. We based this on Item 19 in franchise disclosure
document
How long do I need to commit to running a Figaro's Pizza unit? What
is my contractual commitment?
Figaro's Pizza franchisees are typically required to sign up to a
10 year contract initially. The renewal length
is 10 years. You can of course exit early but
don’t expect to get any refund!
Accessibility
The Franchisor's investment costs ranges from
$86,500 to $549,000
which is
Much Lower
than the $0 to $0 average in the QSR industry
What determines the investment cost?
Item 7 of the Franchise Disclosure Document lays out the full list of initial investment costs, including the fee payable to the franchisor, security deposits, equipment, professional fees etc
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