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Below is an in-depth analysis and side-by-side comparison of Figaro's Pizza vs Arizona Pizza Company 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 | $400,000 - $865,000 |
Franchise Fee | $39,000 | $35,000 |
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 | - |
PROGRAMS AVAILABLE: 1. SINGLE-UNIT DEVELOPMENT: Franchisee opens a restaurant at a specific address Franchisee is able to open additional units based on franchisee's ability and desire to expand 2. AREA DEVELOPMENT: Secures exclusive rights to a market. Minimum development is five restaurants Opens and operates the units in the development area Receives a reduction in franchise fees (based upon number of restaurants opened) Pays an area development fee based on the demographics of the territory. However, a credit is given against the franchise fee as each restaurant opens 3. MASTER DEVELOPER: Secures exclusive rights to a geographic area (County, state, country). There are minimum requirements for the territory (not less than a twenty-store market). Shares in franchise and royalty fees for performing services (sales, operations, training) to franchisees in the market for the term of the franchise & renewal periods Has an opportunity to participate on a large scale in building an international concept May enter into a management agreement to provide services beyond the term of the Master Agreement. Receives a Reduction in Fees for Developer- Owned and Operated Units Based on Master's Percentage Participation in the Fees Received for Providing Services Represents an opportunity to participate on a large scale in Building an International Concept Is required to open one restaurant that serves as the training facility before opening franchise restaurants in the area Pays a master developer fee based on the size of the territory and the demographics of that market