I visited Franco's for the first time this week in Old Town Scottsdale. It's located right on Scottsdale and Drinkwater so you can't beat the location. There aren't a lot of small, traditional Italian restaurants in the area so this already gives Franco's one leg up.
The ambiance is small and intimate but also somewhat noisy and crowded since it's a tiny restaurant. The service is great! The waiters are older, well experienced in the food industry with a great understanding of the menu items and nightly specials.
The menu is very traditional Italian because there aren't any descriptions the items. The waiter will reveal several nightly specials which all sounded superb and I recommend ordering one of the specials if they sound good to you. I have a sea bass special with roasted tomatoes and spinach. It was so delicious! One of the best fish dishes I have had a restaurant. I also had a marinated artichoke salad to start which was great and tasty but probably not memorable. The bread basket isn't worth your time so just save room for the main course!