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Below is an in-depth analysis and side-by-side comparison of Figaro's Pizza vs The Original Italian Pie 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 | $200,000 - $617,500 |
Franchise Fee | $39,000 | $25,000 |
Royalty Fee | 5% | 5% |
Advertising Fee | 3% | - |
Year Founded | 1981 | 1994 |
Year Franchised | 1986 | 1995 |
Term Of Agreement | 5 years | 10 years |
Term Of Agreement | 5 years | 10 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 | No/No |
Start-up Costs | No/Yes | No/No |
Equipment | No/Yes | No/No |
Inventory | No/Yes | No/No |
Receivables | No/No | No/No |
Payroll | No/No | 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 | Various programs |
Support | Purchasing Co-ops Meetings/Conventions Toll-Free Line Grand Opening Security/Safety Procedures Field Operations Site Selection Franchisee Intranet Platform | Newsletter, Meetings, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives |
Marketing | Co-op Advertising Ad Templates National Media Regional Advertising Social media Website development | Co-op advertising, Ad slicks, National media, Regional advertising |
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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Franchisees required to buy multiple units/master licenses; 100% of all franchisees own more than one unit Number of employees needed to run franchised unit: 30 Absentee ownership of franchise is NOT allowed. (75% of current franchisees are owner/operators) |
Expansion Plans |
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US Expansion | Yes | Yes |
Canada Expansion | No | No |
International Expansion | Yes | No |
The Original Italian Pie has two models for franchising. Our Full Service model is 2500-4000 square feet with a start up cost range between $328K-$617.5K Our New The Original Italian Pie 2GO model is much smaller, requiring 1400-2000 square feet and a start up cost range between $200K-$275K. Here at "The Pie" we are currently seeking qualified individuals or groups to be a part of our growing franchise community