Falbo Bros
Falbo Bros Pizzeria offers pizza, sandwiches, and salads under a distinct brand. Known for its variety of menu items, it operates in the fast-casual dining sector.
Falbo Bros franchise FAQ
How much does it cost to open one — the total initial investment?
The total initial investment necessary to begin operation of a Falbo Bros Pizzeria franchise ranges from $40,000 to $250,000. This estimate includes a range of $10,000 to $15,000 per location to be paid to the franchisor or affiliate but does not include rent for the Franchised Location [p.1].
What is the initial franchise fee?
The initial franchise fee for a FALBO BROS PIZZERIA® Franchise ranges from $10,000 to $15,000 and covers services or goods received before the franchisee's business opens [p.9, p.10]. This fee is not uniform and can vary based on costs incurred by the franchisor, including legal, travel, and consulting expenses [p.10].
What are the ongoing royalty and advertising fees?
This isn't specified in the excerpts. The provided FDD does not detail specific amounts for ongoing royalty or advertising fees beyond mentioning that you may be required to contribute a percentage of gross proceeds after sales tax to an advertising fund, which is payable in USD [p.18].
How long is the initial franchise agreement, and can I renew it?
This isn't specified in the excerpts.
Can I sell or transfer my franchise, and what does that require?
This isn't specified in the excerpts.
On what grounds can the franchisor terminate the agreement?
This isn't specified in the excerpts.
What financial requirements — net worth and liquid capital — do I need to qualify?
This isn't specified in the excerpts.
Do I get an exclusive or protected territory?
Yes, you receive an exclusive franchised territory as part of the initial franchise fee payment [p.9]. However, the specific boundaries and details of your territory will be communicated to you in writing before signature of the Franchise Agreement [p.9].
What training and ongoing support does the franchisor provide?
The franchisor provides initial training as part of the initial franchise fee, covering personnel training at designated locations. They also offer additional training programs for good business management and operation of the franchise [p.17]. Ongoing support includes a continuing advisory relationship to assist with the development and operation of the franchise [p.18], and new managers can be trained upon request, subject to an education fee [p.14].
How many franchised outlets are there, and how many have closed or been terminated?
This isn't specified in the excerpts.
Does the franchisor share any financial performance or earnings information?
The franchisor may provide financial performance information if there is a reasonable basis for it and if such information is included in the disclosure document. However, the franchisor does not make any representations about a franchisee's future financial performance or the past financial performance of company-owned or franchised outlets, nor do they authorize their employees or representatives to make such representations. [p.30]
What am I restricted to selling, and where must I buy supplies?
You are required to purchase from approved vendors all advertising materials, inventory, and other items used in the operation of your franchise business [p.14]. You may not sell goods or services to other franchises, and you can only offer or sell products or services approved by FALBO BROS [p.24]. This includes not advertising, offering for sale, or selling any damaged, deteriorated, or 'out of date' products, which must be removed from the premises [p.24].