Rank no. 491 – Figaro’s Pizza – US
Products & Services: Baked pizza & bake-at-home pizza
Number of Locations: 64
Total Investment: $123K – 398.45K
Began Franchising: 1986
About Figaro’s Pizza
Founded in 1981, Figaro’s sells ready-to-eat as well as take-and-bake pizzas. Franchisees may operate carry-out, dine-in or delivery store models.
Where Seeking Franchisees: Franchisor is seeking new franchise units worldwide.
Startup Costs, Ongoing Fees and Financing
Total Investment: $123,000 – $398,450
Franchise Fee: $12,500 – $52,500
Ongoing Royalty Fee: 5%
Term of Franchise Agreement: 5 years, renewable
Net Worth: $250,000
Liquid Cash Available: $150,000
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).
How This Franchise Supports Franchisees
Training: At headquarters & in the field : 4 weeks.
Ongoing Support: Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives
Marketing Support: Co-op advertising, Ad slicks, Regional advertising,
Other marketing support: Local store marketing handbook, national charity
Franchise Ranking History
Franchise 500®: #491 (2013), #470 (2012), #292 (2010), #374 (2009),
Figaro’s began in 1981 as the dream of two entrepreneurs, Corkey Gorley & Al Debacker in Salem, Oregon, who wanted to meet the needs of busy families. In an era when both parents often work outside the home and there’s a universal demand for speed, quality, value and convenience, Figaro’s popularity has increased year after year as a partner in mealtime preparation.
In 1986, Ken Robertson purchased the four-store company and directed the steady growth of the chain. In 1994 and 1995 ovens were added to what had been a strictly take & bake operation. Our niche, “We Bake or You Bake” gives us a unique and enviable position in the competitive and growing pizza business. In July of 1996, a sale of the chain to a group of five investors was completed.
In June of 2001, Figaro’s was purchased by a group led by Ron Berger, a franchise veteran of 25 years. From 1980 to 1988 Ron founded and served as Chairman, Chief Executive Officer and President of National Video, Inc. which he grew to 746 stores before selling the business. Ron served as Chairman and Chief Executive Officer of Rentrak Corporation in Portland, Oregon from its founding in 1989 until 2000. He is currently serving his third term as a member of the Board of Directors of the International Franchise Association.
Ron put into place a plan for Figaro’s long term growth. It began internally by creating an infrastructure to support the new stores and franchisees. Now, with an all-new state of the art store design, all-new brand positioning and a delicious, unique pizza product, Figaro’s is poised for rapid expansion.