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Below is an in-depth analysis and side-by-side comparison of Figaro's Pizza vs Monical'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 | $86,500 - $549,000 | $383,050 - $957,200 |
Franchise Fee | $39,000 | $45,000 |
Royalty Fee | 5% | - |
Advertising Fee | 3% | - |
Year Founded | 1981 | 1959 |
Year Franchised | 1986 | 1968 |
Term Of Agreement | 5 years | - |
Term Of Agreement | 5 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 | -/- |
Start-up Costs | No/Yes | -/- |
Equipment | No/Yes | -/- |
Inventory | No/Yes | -/- |
Receivables | No/No | -/- |
Payroll | 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 | Yes |
Canada Expansion | No | - |
International Expansion | Yes | - |
In 1959 the Monical family started making pizzas in the little town of Tolono, Illinois. Before long, their recipe became a hit with many of their local friends and neighbors. Thus was born Monical’s Pizza, a name that over the years has become synonymous locally with the very finest thin crust pizza.
Today there are over 60 Monical’s Pizza restaurants, primarily located throughout Central Illinois with several in Indiana, one in Missouri, and one in Wisconsin. Monical’s great pizza has evolved into a dining tradition for countless families and into a financially-solid steadily-growing foodservice institution. In an intensely competitive business environment, Monical’s Pizza has managed not only to keep up, but outpace many of its larger competitors. There are two reasons for this record of performance: People and Vision.
The Monical’s mission is simply stated as The Family Pleaser®…People Pleasing People®
The Monical’s vision is "In a world that pulls people apart… we bring people together”
Over the years, Monical’s Pizza has grown from a local pool hall pizzeria into a sophisticated, competitive multi-million dollar company. Monical’s has matured and flourished into a productive and efficient organization committed to providing value to guests and purpose to all of our team members. If you’re seeking a restaurant franchise that is backed by a solid reputation and strong traditions, you’ll find your ideal in Monical’s Pizza.