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Updated RecentlyFigaro's Pizza vs Benny's Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Figaro's Pizza vs Benny's 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 | $169,800 - $543,500 |
| Franchise Fee | $39,000 | $30,000 |
| Royalty Fee | 5% | 5% |
| Advertising Fee | 3% | 2% |
| Year Founded | 1981 | 2011 |
| Year Franchised | 1986 | 2019 |
| 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)
| - |
Expansion Plans |
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| US Expansion | Yes | 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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#45 on Franchise Rankings.com
About Benny's
!["Bennys]("https://fddexchange.com/wp-content/uploads/2020/07/Bennys.png")
Benny’s is quickly expanding and looking for people with the drive to achieve their own success story.
Franchising a Benny’s is an amazing opportunity to become tight
within your community, be part of an exciting and respected business,
and secure an impressive ROI.
The total investment necessary to begin operation of a franchised
Benny’s restaurant is $169,800 to $533,500. This includes $30,000 that
you must pay to the franchisor or their affiliate.
The franchisor primarily offers multi-unit franchises under which you agree to open and operate a specified number of Benny’s restaurants over an agreed period of time within a defined geographic area. If you sign a multi-unit agreement (covering three or more units), your total initial investment will be $179,800 to $543,500 plus $5,000 for each additional agreed unit after the third unit. This includes $40,000 plus $5,000 for each unit in your development schedule after the third unit that you must pay to the franchisor or their affiliate.
The franchisor primarily offers multi-unit franchises under which you agree to open and operate a specified number of Benny’s restaurants over an agreed period of time within a defined geographic area. If you sign a multi-unit agreement (covering three or more units), your total initial investment will be $179,800 to $543,500 plus $5,000 for each additional agreed unit after the third unit. This includes $40,000 plus $5,000 for each unit in your development schedule after the third unit that you must pay to the franchisor or their affiliate.