Figaro's Pizza vs Red's Savoy Pizza Franchise Comparison

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

Start-Up Costs and Fees

 
Figaro's Pizza Franchise
Red's Savoy Pizza Franchise
Investment $86,500 - $549,000$200,500 - $347,167
Franchise Fee $39,000$15,000
Royalty Fee 5%-
Advertising Fee 3%-
Year Founded 19811965
Year Franchised 19862011
Term Of Agreement 5 years-
Term Of Agreement 5 years-
Renewal Fee --


Business Experience Requirements

 
Figaro's Pizza Franchise
Red's Savoy Pizza Franchise
Experience
  • General business experience
  • Marketing skills
  • -

    Financing Options

     
    Figaro's Pizza Franchise
    Red's Savoy 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
    Red's Savoy 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

    Red's Savoy Pizza franchisees gain operational support from the ground up. We deliver classroom and in-store training, as well as grand opening assistance to make sure your store gets off to a successful start. Throughout the operation of your business, we are here to respond to operational needs within the system, whether on an individual store basis or system-wide.

    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
    Red's Savoy Pizza 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 Red's Savoy Pizza

    The Original Red's Savoy Pizza name has become legendary throughout the Midwest, known for its spicy secret-recipe sauce and for its old-school atmosphere... with an edge. If you're like us, you are addicted to the unique Red's Savoy Pizza taste and experience. Now you can take that obsession one step further, and own your own piece of the pie! Why Red's Savoy Pizza?
    Earl "Red" Schoenheider opened the first Red's Savoy Pizza location in 1965 on the east side of St. Paul, Minnesota. Red perfected his famous secret-recipe spicy Savoy sauce and sausage over the last four decades. His outstanding, old-school thin-crust pizza has developed a cult-like following among its fans. Products and Logo. The purchase of a Red's Savoy Pizza franchise allows you access to the secret-recipe Savoy products that have made the Red's Savoy name what it is today. You gain access to our unique menu items, such as sauerkraut and pickle pizzas, that perfectly complement our spicy sauce and thin-cracker crust. In addition, our franchisees get to operate under our signature red logo featuring the "The Original Red's Savoy Pizza" name and design. This logo is recognized throughout the Midwest and beyond! The original Red's Savoy Pizza location has operated at its original location on the east side of St. Paul, Minnesota for over four decades. Its recipes and business model have stood the test of time as pizza trends have come and gone. With this history, Red's Savoy Pizza is poised for the future! Our franchises maintain this old-school timeless tradition, while taking advantage of modern opportunities for marketing, advertising, promotions, and growth. New franchisees in the Red's Savoy Pizza system have the opportunity to take advantage of our plans for growth and expansion throughout the United States.