Figaro's Pizza vs Teresa's Pizza Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Figaro's Pizza vs Teresa's Pizza including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees
 
Figaro's Pizza Franchise
Teresa's Pizza Franchise
Investment $86,500 - $549,000$132,000 - $214,500
Franchise Fee $39,000$20,000
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
 
Figaro's Pizza Franchise
Teresa's Pizza Franchise
Experience
  • General business experience
  • Marketing skills
    		• -

    Financing Options
     
    Figaro's Pizza Franchise
    Teresa's Pizza Franchise
      In-House/3rd PartyIn-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
     
    Figaro's Pizza Franchise
    Teresa's Pizza Franchise
    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
     
    Figaro's Pizza Franchise
    Teresa's Pizza Franchise
    US Expansion Yes-
    Canada Expansion No-
    International Expansion Yes-

    Company Overviews

    About Figaro's Pizza

    Founded in 1981, Figaro's sells ready-to-eat as well as take-and-bake pizzas. Dick Bunge and partners purchased Figaro's in 1986, after seeing promise in the unique "We Bake or You Bake" concept. Franchisees may operate carry-out, dine-in or delivery store models.

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    About Teresa's Pizza

    Americans eat roughly 350 slices of pizza per second. Get your slice of the $30 billion per year pizza industry with Teresa's Pizza. As a Teresa's Pizza franchise owner, you will be part of the family. Your Teresa's Pizza will have the look and feel of a local, neighborhood eatery, while you have the support of our established restaurant business. We bake our pizzas the old fashioned way: in traditional carousel ovens. Italian recipes passed down from previous generations Huge menu with something for everyone Our experienced corporate team has extensive credentials in food service and other businesses. We'll be there to support you every step along the way. Site selection Lease negotiation Comprehensive training Marketing support Information and support systems Comprehensive two week home office and three week onsite training Full menu of pizza, pasta, wings, salads, sandwiches, subs, and more. If you have strong community values, pay attention to details, enjoy providing a great customer experience, and love pizza, then please visit our website at: http://www.teresaspizza.net/franchise.html