Nick N Willy's Franchise

Financing Details

Figaro's Italian Pizza, Inc. does not offer any direct or indirect financing to its franchisees. This means that Figaro's Italian Pizza, Inc. will not provide loans, guarantees for notes, leases, or other obligations for franchisees. Franchisees must secure their own funding, although Figaro's Italian Pizza, Inc. mentions that its franchisees are eligible for expedited and streamlined SBA loan processing through the SBA's Franchise Registry Program.

Litigation Summary

Figaro's Italian Pizza, Inc. has no reportable litigation history. Item 3 of the FDD states that no litigation is required to be disclosed for Figaro's Italian Pizza, Inc. or its management.

Renewal Conditions

To renew their franchise agreement, Figaro's Italian Pizza, Inc. franchisees must satisfy several conditions. They need to have substantially complied with all provisions of their agreement throughout its entire term and be in full compliance with current system standards prior to renewal. Franchisees must maintain possession of their store location and bring it into full compliance with current specifications and standards. They must give written notice of their desire to renew between nine and fifteen months before the agreement expires. All monetary obligations owed to Figaro's Italian Pizza, Inc., its subsidiaries, and affiliates must be satisfied, and payments must have been timely throughout the term. Franchisees must meet current training requirements, sign a mutual general release, and execute Figaro's Italian Pizza, Inc.'s then-current form of franchise agreement. The new agreement may include materially different economic and general terms, such as different percentages for continuing licensing and advertising contributions. Figaro's Italian Pizza, Inc. may refuse to renew if compliance is not satisfactory or if renewal is deemed uneconomical to the system.

Staffing Notes

Figaro's or Nick-N-Willy's franchised stores must always be under the direct, on-premises supervision of the franchisee or a trained and competent employee acting as a crew leader or manager. If a franchisee owns multiple locations or does not dedicate their full-time efforts to a single store, a full-time manager must be in place. The franchisee and their designated manager are required to attend and successfully complete a two-week training program before the store opens. This initial training cost is covered by the initial franchise fee, but travel and living expenses are the franchisee's responsibility. The franchisor provides a representative for 9-14 days during the first one to two months of operation to assist with establishing procedures and training personnel. All employees of Figaro's or Nick-N-Willy's stores must complete a training program directed by the franchisee or their designated manager. Managers must also pass a yearly certification test as outlined in the Confidential Operations Manual. The Manual includes detailed job descriptions for various roles such as Supervisor, Manager, Opener, Dough Mixer, Dough Roller, Assembly, Cashier, Phone Position, Oven Position, Prep, Lead Position, and Closer, along with guidance on employee training and scheduling. Employees must maintain a neat and clean appearance, wear standard uniforms, and provide friendly, efficient, sober, and courteous service. The franchisee is solely responsible for all employee-related matters, including hiring, firing, scheduling, wages, compensation, payroll taxes, worker's compensation, and benefits, and must comply with all federal and state labor laws. The franchisor does not directly control these aspects. Employees whose duties involve customer service must be sufficiently literate and fluent in English. Additionally, franchisees are prohibited from hiring any employee or independent contractor found guilty of fiduciary misconduct, unlawful sexual conduct, any felony, or similar charges that negatively reflect on their character and moral standing.