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Below is an in-depth analysis and side-by-side comparison of Figaro's Pizza vs Nancy's Pizzeria 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 | $320,000 - $360,000 |
Franchise Fee | $39,000 | $20,000 |
Royalty Fee | 5% | - |
Advertising Fee | 3% | - |
Year Founded | 1981 | - |
Year Franchised | 1986 | - |
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 | - |
Canada Expansion | No | - |
International Expansion | Yes | - |
It has often been said that the American success story is based on inventing and introducing a product for which the public has been waiting... Stuffed Pizza, the invention of Nancy and Rocco Palese, is how Nancy's Pizza was born. Nancy and Rocco had lived most of their adult lives in Turin, Italy, making pizzas, before immigrating with their three children to the United States. After 18 months in Chicago, they opened their first pizza parlor, Guy's Pizza, featuring the then popular thin crust pizza. Business had its ups and downs, and friends tried to get the Palese's to experiment with pan pizza. Rather than imitate, in 1971, Rocco decided to look to his mother's recipes and introduce his own pizza, known as "scarciedda," an Easter specialty cake. The Stuffed Pizza was born! Rocco continued experimenting with his new pizza, trying to perfect its marketability. He went into a solo business, then a partnership, then again tried it on his own before the right combination of circumstances brought to him, to Nancy's Pizza and to stuffed pizza, fabulous success. AND TODAY.Nancy's Pizza has dozens of locations in the Chicago area and other states. It's grown into a streamlined operation, developed and refined over time to render consistent, award winning quality. Any way you slice it, Nancy's Pizza offers you an opportunity to bring Italian tradition and a truly authentic taste of Chicago to your local restaurant market!!!