Figaro's Pizza franchise
2026 filing · March 31, 2026Shares sales figures
Figaro's Pizza at a glance
A pizza store with a limited menu of pizza, calzones and other food; the same filing offers Nick-N-Willy's stores. At the end of 2025 there were 31 Figaro's Pizza locations in the US, all franchised.
The business
- Franchisor
- Figaro's Italian Pizza, Inc
- The company that sells the franchises
What you pay
- Cost to open
- $87K–$549K
- Fee, build-out and opening working capital
- Franchise fee
- $39,000
- Plus a $10,000 franchise coordination fee and, for a standard store, a $12,500 grand opening fee
- Royalty
- 6% + minimum
- 6% of gross receipts, with a minimum of $150 a week, paid weekly
Where it is
- US locations, 2025
- 31
- Franchised and company-owned
- Franchised
- 31
- Company-owned
- 0
From Figaro's Italian Pizza, Inc’s 2026 filing; SBA status from the SBA Franchise Directory, October 28, 2026.
Where it ranks
Figaro's Pizza among all franchises with the same figure.
| Figure | Figaro's Pizza | Among all franchises |
|---|---|---|
| Cost to open, midpointHalfway between the low and high estimate | $317,750 | Costs less than 55% of franchises |
| Franchise feePaid once, when you sign | $39,000 | Lower than 58% of franchises |
| RoyaltyShare of sales paid to the franchisor | 6% | Higher than 35% of brands with a set rate |
| US locationsFranchised and company-owned | 31 | More than 56% of franchises |
| Sales per locationYearly, as the brand reports it | $485,090 | Lower than 74% of brands that share sales figures |
| Sales against cost to openYearly sales over the cost midpoint | 1.5× | Lower than 53% of brands that share sales figures |
How much a Figaro's Pizza franchise costs
Opening one Figaro's Pizza costs an estimated $86,500 to $549,000. That covers the franchise fee and everything else needed to open, through the first months of working capital. It is one of the low-cost franchises.
Source: Figaro's Italian Pizza, Inc, 2026 filing, page 26
Figaro's Pizza franchise fee
The franchise fee is $39,000, plus a $10,000 franchise coordination fee and, for a standard store, a $12,500 grand opening fee. You pay it when you sign the franchise agreement.
Source: Figaro's Italian Pizza, Inc, 2026 filing, page 10
Royalty and ongoing fees
| Royalty | 6% of gross receipts, with a minimum of $150 a week, paid weekly. |
|---|
The typical franchise royalty is 6% of sales, plus 2% for marketing. See franchise fees and royalties to compare.
Source: Figaro's Italian Pizza, Inc, 2026 filing, page 14
Sales and earnings
Shares figures Figaro's Pizza publishes sales or earnings figures for its locations. The full tables, with notes on which locations are counted, are in its filing.
- Average revenue
- $485,090
Yearly figures for 2025, covering domestic franchised Figaro's stores open at least one year at the end of 2025 (24 locations). The filing gives an average for each quartile rather than one overall figure; this is the overall average worked out from those and each one's number of locations. The average is about 1.5 times the midpoint of the cost to open.
Sales are what a location takes in before rent, payroll, royalties and other costs, not what its owner keeps.
Source: Figaro's Italian Pizza, Inc, 2026 filing, pages 80–81
SBA loans to Figaro's Pizza franchisees
Lenders approved 40 SBA 7(a) loans for Figaro's Pizza franchisees from 1994 to 2010, $6.76M in all. Of the 39 that have ended, 20 were paid in full and 19 were charged off (48.7%). The other one hasn’t ended yet.
A charged-off loan is one written off as uncollectible. See SBA franchise loans for how 7(a) and 504 loans work.
Source: SBA 7(a) and 504 loan data, as of September 30, 2026
How Figaro's Pizza compares
Of the 122 pizza franchises on this site, Figaro's Pizza is the 7th cheapest to open and the 48th largest by number of locations.
| Figure | Figaro's Pizza | Typical pizza brand | Typical franchise |
|---|---|---|---|
| Cost to open, low end | $87K | $349K | $222K |
| Cost to open, high end | $549K | $787K | $477K |
| Franchise fee | $39K | $30K | $40K |
| Royalty | 6% | 5% | 6% |
| Sales per location | $485K | $1.02M | $794K |
| US locations | 31 | 26 | 21 |
| Change in franchised locations, 0 yrs | +10.7% | 0% | – |
| Shares earnings figures | Yes | 63 of 122 | 2,147 of 3,352 |
Typical is the median across the 122 brands in pizza franchises; typical franchise, across every brand here.
Locations opened and closed
| Year | Franchised | Company-owned |
|---|---|---|
| 2023 | 30 (+2) | 0 |
| 2024 | 32 (+2) | 0 |
| 2025 | 31 (−1) | 0 |
Closed or left counts terminations, non-renewals, locations bought back by the franchisor and locations that stopped operating. Counts are Figaro's stores; the filing also lists three to four Nick-N-Willy's stores.
See which brands grew most in the fastest-growing franchises rankings.
More in the guides: pizza franchise costs and franchise failure rates.
Source: Figaro's Italian Pizza, Inc, 2026 filing, page 82
Who owns Figaro's Pizza?
Figaro's Pizza franchises are sold by Figaro's Italian Pizza, Inc.
From Figaro's Italian Pizza, Inc’s 2026 filing.
Lawsuits and bankruptcy
| Lawsuits and regulatory actions | Yes. The filing describes past or pending cases involving the franchisor, its affiliates or its executives on page 126. |
|---|---|
| Bankruptcy | None. The filing says no bankruptcy has to be disclosed. |
Franchisors must disclose lawsuits and bankruptcies involving the company, its parents and affiliates, and its executives. Many cases are routine disputes with franchisees over fees or contracts; read the descriptions in the filing and ask current owners about anything that worries you.
Source: Figaro's Italian Pizza, Inc, 2026 filing, litigation on page 126, bankruptcy on page 10
Figaro's Pizza filings
The figures on this page come from Figaro's Italian Pizza, Inc’s 2026 filing, issued March 31, 2026, on record with the Minnesota Department of Commerce.
| Filing | Issued | Registry | On this page |
|---|---|---|---|
| 2026 filing | March 31, 2026 | Minnesota | Costs, fees and locations, 2023–2025 |
Each link opens the filing as a PDF. See the newest filings across all brands.
Other pizza franchises
All pizza franchises
Figaro's Pizza is also on these lists: restaurant franchises, food franchises.