|
Below is an in-depth analysis and side-by-side comparison of Figaro's Pizza vs Pizzeria Venti including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
||
Investment | $86,500 - $549,000 | $135,000 - $239,000 |
Franchise Fee | $39,000 | $16,500 - $22,500 |
Royalty Fee | 5% | 5% |
Advertising Fee | 3% | 1% |
Year Founded | 1981 | - |
Year Franchised | 1986 | - |
Term Of Agreement | 5 years | - |
Term Of Agreement | 5 years | - |
Renewal Fee | - | - |
Business Experience Requirements |
||
Experience | - | |
Financing Options |
||
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 |
||
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)
| - |
Expansion Plans |
||
US Expansion | Yes | - |
Canada Expansion | No | - |
International Expansion | Yes | - |
The Pizzeria Venti Franchise Program offers: * A chance to be in business for yourself but not by yourself assisted by a dedicated team of experienced professionals * Support in the areas of operations, training, management, advertising, marketing and software management systems * Personal satisfaction both as an owner/operator and as a member of the independent business community * Personal growth and business knowledge from Pizzeria Venti training programs * Increased value in your business through name brand association and a proven existing store Brokerage program to help you sell your franchise should you wish to The selection of prospective candidates is based on our assessment of overall business experience, financial stability and personal qualifications. We look for individuals with "common business sense", a demonstrated ability to effectively lead people, and a history of previous success in business and life endeavors. Food service experience is not necessary. We are particular about our Franchisees because they help make the Venti System successful. We are looking for individuals who have: * A strong desire to succeed, work hard, and contribute to a winning team * Business experience in the market where they are seeking a Pizzeria Venti franchise * Demonstrated personal integrity with emphasis on interpersonal skills * A willingness to personally devote full-time efforts to the day to day operations of a Pizzeria Venti franchise * A willingness to participate in a comprehensive training program * A history of success and the ability to work well within a franchising organization