It's
All About Great Taste
 Pizza is
a $29 billion dollar a year industry in the United States-one of the fastest-growing
fast food segments. And Figaro's offers one of the nation's most delicious,
highly rated pizzas. Figaro's ingredients are always fresh and of the
very highest quality-this is pizza you'll be proud to sell.
Benefit by Our Popular Concept
Figaro's offers the pizza segment's hottest concept- take-and-bake pizza.
Customers can also choose to have our fresh and delicious pizza baked
in the store and ready to eat. Plus, we offer other tasty menus items
like calzone, lasagna, fresh salads and breadsticks.
Easy to Operate,
Easy to Love
Figaro's Pizza locations include freestanding stores, strip centers, inside
supermarkets, inside gas stations and inside video stores. And Figaro's
is extremely well suited for locations in small communities. With proven
success in the take-home-and-bake concept, plus the addition of offering
the best baked pizza, Figaro's appeals to a broad segment of the community.
 A typical store will
employ eight to twelve people at approximately minimum wage. High school
students and semi-retired people make excellent candidates. A full-time
manager is also required to handle the day-to-day operations. Many franchisees
choose to serve as manager. Most stores are open from 11:00am to 9:00pm
Sunday through Thursday, and until 10:00pm on Friday and Saturday. You
may choose to extend these hours depending on your location and your customer
base.
You Get a Total Package
We help with site selection - The right store location can make or break
any business. So once you've selected your store location, Figaro's experienced
management team works with you to research the site. Figaro's then provides
a detailed set of plans. Compared to other food service operations, start-up
and overhead operating costs of a Figaro's Pizza franchise are surprisingly
low.
We provide a complete
business system - Every aspect of the build out, start-up, operation,
inventory management and marketing of a Figaro's Pizza unit has been designed
to aid you. Because Figaro's only succeeds when you do, our management
resources are there to assist you through every aspect of your operation.
We're there from the start to train you and get you up and running. Then
we provide complete, ongoing operational and marketing support, merchandising
assistance, and constant menu development and testing.
What does it cost?
Depending on the leasehold improvements and signage of your unit, the
total start-up costs for a Figaro's store will average between $98,500
and $319,000 (U.S. currency). This cost includes an initial franchise
fee of $34,500 (U.S.) for your first franchise,
of which $9,500 will be spent on your Grand Opening advertising expenses. The initial franchise fee for
additional units and multi-unit developments is reduced as described in
our disclosure document. These fees are subject to change based solely
on the discretion of Figaro's Pizza, Inc. The initial franchise agreement
is five years, with options to renew at no additional cost.
 Franchisees
pay a fee of 5% of gross sales, exclusive of sales taxes, on a weekly
basis. This fee permits you to use Figaro's name, trademarks, logos and
operating systems and provides access to new product and systems development,
purchasing power discounts and continuous and comprehensive ongoing support.
Local store advertising
is the responsibility of each franchisee and is mandatory under our franchise
agreement. Franchisees are required to spend each calendar month an amount
equal to 3% of their gross sales from the preceding calendar month for
local advertising and promotion. Most franchisees spend more than this
in order to grow their business. Franchisees also must remit a weekly
advertising and marketing fee of 3% of gross sales, excluding sales taxes,
to Figaro's advertising fund. This fund is used to meet any and all costs
of maintaining, administering, directing and preparing advertising materials
for the Figaro's chain.
*Entrepreneur
Magazine Franchise 500, 2000
**Nation's Restaurant News; 6/25/01
***Pizza Today; Hot 100, 2000
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