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Below is an in-depth analysis and side-by-side comparison of Figaro's Pizza vs Original Pizza Pan, The including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $86,500 - $549,000 | $150,000 |
Franchise Fee | $39,000 | $25,000 |
Royalty Fee | 5% | $1000/month |
Advertising Fee | 3% | - |
Year Founded | 1981 | 1984 |
Year Franchised | 1986 | 1992 |
Term Of Agreement | 5 years | 10 years |
Term Of Agreement | 5 years | 10 years |
Renewal Fee | - | - |
Business Experience Requirements |
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Experience | - | |
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 | No/Yes | No/Yes |
Inventory | No/Yes | No/No |
Receivables | No/No | No/No |
Payroll | No/No | 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 | Purchasing Co-ops Meetings/Conventions Toll-Free Line Grand Opening Security/Safety Procedures Field Operations Site Selection Franchisee Intranet Platform | - |
Marketing | 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 | - |
Canada Expansion | No | No |
International Expansion | Yes | No |
Pizza Pan started off as a family-owned and operated Ohio business. Today, Pizza Pan is a very successful and rapidly expanding franchise.
Almost two decades have passed since the first Pizza Pan store was opened. After all these years, the recipe remains the same.
Their secret? They use fresh dough, sauce, 100% provolone cheese and the finest ingredients. That's the key to their mouthwatering pizza.
As a franchising concept, they've hit their stride. This rapid growth is made possible by the individual franchisees who consider each other family. Each franchisee will stop at nothing to help each other succeed. This family-like atmosphere has powered their success.