[2] Figaro Coffee was established in November 1993 by seven college friends,[3] including Pacita "Chit" Juan and Reena Francisco, as a small kiosk in Glorietta mall in Makati.

Juan, then involved in her family business, decided to start a coffee shop, something that she had earlier set out with while still in college.

In 2006 (and again in 2009), Figaro Coffee voiced plans on an IPO in Makati Stock Exchange; however, those did not materialize.

[14] At this time, some trademarks of Figaro Coffee continued to be owned by Juan and were contested in court.

[17] In April 2013, the franchisee manager of Figaro Coffee, Mike Barret, announced their intent to open outlets in Fiji and Vietnam.

[21] FGC also owns and operates other concepts such as Angel's Pizza and Tien Ma's, a Taiwanese cuisine restaurant.