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Below is an in-depth analysis and side-by-side comparison of Simple Simon's Pizza vs Figaro's Pizza including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $89,500 - $593,500 | $86,500 - $549,000 |
Franchise Fee | $15,000 | $39,000 |
Royalty Fee | 3% | 5% |
Advertising Fee | 1% | 3% |
Year Founded | 1982 | 1981 |
Year Franchised | 1986 | 1986 |
Term Of Agreement | - | 5 years |
Term Of Agreement | - | 5 years |
Renewal Fee | - | - |
Business Experience Requirements |
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Experience | *Ability to manage and motivate people. Food service experience is helpful, but not required. *Ability to locate and acquire rights to sites that meet the Company�s criteria. *Ability to properly finance and capitalize the investment. *Commitment to market the product in order to maximize sales and profits. | |
Financing Options |
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In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | No/Yes | No/Yes |
Start-up Costs | No/Yes | No/Yes |
Equipment | Yes/Yes | No/Yes |
Inventory | No/Yes | No/Yes |
Receivables | No/Yes | No/No |
Payroll | No/Yes | No/No |
Training & Support |
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Training | - | On-The-Job Training: 59 hours Classroom Training: 55 hours Additional Training: At headquarters & in the field |
Support | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives | Purchasing Co-ops Meetings/Conventions Toll-Free Line Grand Opening Security/Safety Procedures Field Operations Site Selection Franchisee Intranet Platform |
Marketing | Ad slicks, National media | Co-op Advertising Ad Templates National Media Regional Advertising Social media Website development |
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)
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Expansion Plans |
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US Expansion | Yes | Yes |
Canada Expansion | No | No |
International Expansion | No | Yes |
Simple Simon's Pizza was founded in 1982 based on a simple philosophy to serve the best quality pizza, calizone, and sandwiches at the most affordable price in a family atmosphere that people can enjoy. Today, Simple Simon's Pizza has approximately 220 locations across Oklahoma, Alabama, Arkansas, Kansas, Louisiana, Iowa, Missouri, Texas, New Mexico, and Georgia in metropolitan and small town communities. The pizza industry has grown to an impressive 25 billion dollar a year industry. The pizza, industry is growing internationally as well. New unit development, operations management, and continuing support are just some of the reasons why Simple Simon's Pizza is one of the best kept secrets in the food industry. Now that the secret has been exposed, we await your entrepreneurial skills to operate a Simple Simon's Pizza