| ||||
Updated RecentlyFigaro's Pizza vs Piara Pizza Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Figaro's Pizza vs Piara Pizza including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
||
| Investment | $86,500 - $549,000 | $267,000 - $678,000 |
| Franchise Fee | $39,000 | $50,000 |
| Royalty Fee | 5% | 6% |
| Advertising Fee | 3% | 2% |
| Year Founded | 1981 | 2018 |
| Year Franchised | 1986 | 2019 |
| 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 | 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.
!["franchiserankingscom"]("https://d3t9r0kmeshe93.cloudfront.net/settings/71116cc7-281b-43ed-8275-5087635f96d8.png")
#45 on Franchise Rankings.com
About Piara Pizza
!["Piara]("https://fddexchange.com/wp-content/uploads/2019/11/Piara-Pizza-300x80.png")
Piara Pizza strives to offer the best pizza by making our pizza fresh every
day. Piara pizza is made with a light crust, fresh ingredients and
delicious sauce.
Piara pizza is proud to say, this pizza is delicious! It’s not
only delicious, it’s affordable, too.
The total investment necessary to begin operation of a Piara Pizza franchise is $267,000 to $553,000. This includes $50,000 that must be paid to the franchisor or affiliate.
The total investment necessary to
begin operation under a three- to five-unit Multi-Unit Development
Agreement (including the first unit) is $328,000 to $678,000. This
includes $110,000 to $170,000 that must be paid to the franchisor. There
is no minimum number of Piara Pizza units that you are required to
develop under the Multi-Unit Development Agreement.