Figaro's Pizza vs Modern Market Eatery Franchise Comparison

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

Start-Up Costs and Fees
 
Figaro's Pizza Franchise
Modern Market Eatery Franchise
Investment $86,500 - $549,000$755,000 - $1,440,500
Franchise Fee $39,000$40,000
Royalty Fee 5%5%
Advertising Fee 3%1%Nat'l+1%Loc.
Year Founded 19812009
Year Franchised 19862020
Term Of Agreement 5 years-
Term Of Agreement 5 years-
Renewal Fee --


Business Experience Requirements
 
Figaro's Pizza Franchise
Modern Market Eatery Franchise
Experience
  • General business experience
  • Marketing skills
    		• -

    Financing Options
     
    Figaro's Pizza Franchise
    Modern Market Eatery 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
    Modern Market Eatery 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
    Modern Market Eatery 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.

    "franchiserankingscom"
    #45 on Franchise Rankings.com

    About Modern Market Eatery

    "Modern
    Modern life makes eating out or ordering online a necessity. Modern Market Eatery was born in 2009 in Boulder, CO with the purpose of providing convenient access to clean, nurturing and delicious food. Modern Market Eatery disrupted the fast casual industry because our founding team came from design and finance, not restaurant backgrounds. Modern Market Eatery has truly been reinventing the concept from the kitchen out, putting as much thought into engineering our model for the modern operator as we have for the modern diner.