Do I need previous foodservice experience before I buy your franchise?
No, you do not need previous experience at all. What you need is the desire to be your own boss! Regardless of which franchise structure you choose, we provide in-depth training to help you get started and then offer outstanding support along the way to help you grow your business.
What will I be doing as a franchisee?
If you purchase a single or multi-unit franchise, your responsibility will be to open a location or locations, build individual store sales and provide the utmost in customer service and quality. We will provide outstanding support to you to help make that happen.
If you purchase a Master Franchise, you will be responsible for developing and executing a market penetration strategy in your designated market. The potential number of locations in your market will depend on many factors, including size of the market, population, competition and timing.
What financial investment do I need to make?
The total investment to become a Figaro’s franchisee will depend on which franchise structure you choose. For a single-unit franchise, the investment can range between $101,000 to $379,450. If you elect to purchase a multi-unit franchise, your investment would be a function of how many and the type of stores you plan to open.
Please refer to the INVESTMENT section of the Franchise Disclosure Document for a clear representation of the total investment ranges. In all cases, the investment includes the initial franchise fees, training costs, inventory, build-out expenses, computer hardware and software and insurance.
If I purchase a Master Franchise, how will Figaro’s Pizza define my territory?
Each Designated Territory will vary in size and dimensions, based upon population density, growth trends, advertising coverage and other demographic criteria. Collectively, based on your geographic preference, Figaro’s will design a territory that fits both your financial goals as well as our corporate expansion goals.
Can I expect assistance in finding locations?
Yes. We utilize a network of national real estate professionals who will present you with potential sites for your locations. All sites, including those that you suggest, will be scored against a list of attributes we have determined to be critical to the potential success of our locations.
We use a sophisticated computer modeling tool to approximate potential revenue forecasts, which, combined with a break-even financial analysis, will be reviewed with you before any site is accepted.