Figaro's Pizza vs Pizza Pit Franchise Comparison

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

Start-Up Costs and Fees
 
Figaro's Pizza Franchise
Pizza Pit Franchise
Investment $86,500 - $549,000$204,280 - $362,240
Franchise Fee $39,000$25,000
Royalty Fee 5%3.25%
Advertising Fee 3%-
Year Founded 19812000
Year Franchised 19862000
Term Of Agreement 5 years-
Term Of Agreement 5 years-
Renewal Fee --


Business Experience Requirements
 
Figaro's Pizza Franchise
Pizza Pit Franchise
Experience
  • General business experience
  • Marketing skills
    		• -

    Financing Options
     
    Figaro's Pizza Franchise
    Pizza Pit 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
    Pizza Pit 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
    Pizza Pit Franchise
    US Expansion YesYes
    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 Pizza Pit

    "Pizza

    Pizza Pit franchises are a great way to own your own business or franchise.  Pizza Pit has been serving quality pizzas, oven toasted sandwiches, chicken wings, and more for over 44 years.  Additionally, Pizza Pit has lower royalty fees than most franchises and lower initial investment help to create a better recipe for a successful business.