Papa John's vs Nick-N-Willy's Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Papa John's vs Nick-N-Willy's including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees

 
Papa John's Franchise
Nick-N-Willy's Franchise
Investment $26,500 - $844,420$294,500 - $399,500
Franchise Fee $25,000$5,000 - $25,000
Royalty Fee 5%-
Advertising Fee 8%-
Year Founded 19852001
Year Franchised 19862001
Term Of Agreement 10 years-
Term Of Agreement 10 years-
Renewal Fee --


Business Experience Requirements

 
Papa John's Franchise
Nick-N-Willy's Franchise
Experience The prospective franchisee should have at least one partner with a successful business management background and one partner who qualifies as the Principal Operator. For single-unit development, an individual can apply to be both owner and Principal Operator. The Principal Operator must have prior general management experience relative to the number of units to be developed and must own or have the right to acquire at least 5% equity in the business within 12 months of hire date. A fully completed Request for Consideration Form and current resume must be submitted for each member of the proposed franchise group or the owner operator, including the proposed Principal Operator. Also, Papa John's will request supporting documentation from each proposed owner-

Financing Options

 
Papa John's Franchise
Nick-N-Willy's Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees No/No-/-
Start-up Costs No/No-/-
Equipment No/No-/-
Inventory No/No-/-
Receivables No/No-/-
Payroll No/No-/-

Training & Support

 
Papa John's Franchise
Nick-N-Willy's Franchise
Training We provide initial training for the operator of 6-8 weeks. In addition, we continue to provide ongoing training for your operator and team.

Nick-N-Willy's offers a comprehensive 30-day training program. The training program consists of a combination of practical product components and most importantly a primary focus on how to run your Nick-N-Willy's business. All aspects of operations, accounting, human resources, safety and food services are covered thoroughly.

Support -

Real Estate Once you become a franchise owner, our real estate professionals will work with you in identifying the best site for your business. Nick-N-Willy's has an established real estate network around the country with real estate professionals situated in many local markets. These specialized individuals are familiar with our site requirements and demographic profile. Your real estate professional will negotiate the best lease terms possible with the landlord and work with you every step of the way. Construction We're with you every step of the way- from site selection to grand opening. We have connections with industry experts and professionals from architects and real estate brokers to contractors and equipment vendors. We will help you manage every facet of the project and avoid all of the common pitfalls so that you can get your store ready quickly and efficiently. We'll also be right there with you at your grand opening to make sure that your team is well trained and that you make a great first impression. Financing We are dedicated to helping you to shop around for your business loan to find the best rates and terms. After you become a franchise owner, Nick-N-Willy's will assist you in preparing the necessary business plans and loan submission information for your bank or financial institution of your choosing. It is very common in the franchising business for a franchise owner to obtain government sponsored business loans for up to 70% of the total costs associated with setting up a franchised business. However, business loans for 50% of total costs are more readily available and are most common. In order to qualify for these types of loans, financial institutions typically require unencumbered liquid assets or cash equal to 25% to 50% of the total cost of setting up the franchise business to support the loan application.

Marketing -

Our advertising department develops advertising campaigns throughout the year by creating new marketing materials and promotions for the use of all franchise owners. The marketing team also oversees production of regional and local marketing to create brand awareness. In addition we assist you in utilizing our marketing materials and techniques to locally promote your stores and participate in community events in your local markets.

Operations --

Expansion Plans

 
Papa John's Franchise
Nick-N-Willy's Franchise
US Expansion Yes-
Canada Expansion No-
International Expansion Yes-

Company Overviews

About Papa John's

We didn’t start our business in a boardroom. We started it in a broom closet. Back in 1984, our Founder, John Schnatter (that’s Papa John to you) sold his beloved muscle car to buy pizza‐making equipment. Armed with only an oven and a love for making quality pizza, John opened the very first Papa John’s in the crowded broom closet of his father’s tavern. Over the years, this passion for making better pizza informed every decision and pizza we made...because the last thing we wanted to be was a pizza company. So instead of chopping vegetables with machines, we chop them by hand every day. Instead of investing in gimmicks, we invest in fresh ingredients. And we pile them high on our fresh, never-frozen original dough. Today, we’ve surrounded ourselves with like-minded people with a passion for making better pizza, including franchisees, suppliers, athletes, pizza makers, and farmers we’ve known for over 30 years. Like our friend Dino in California - "he grows the best tomatoes. In the end, John’s desire to create a better pizza built more than a pizza company...he built a pizza family.

At Papa John's we have a simple formula for success: Focus on one thing and try to do it better than anyone else. By keeping the Papa John's menu simple, we are able to focus on the quality of our product by using only superior-quality ingredients. Our commitment to quality can be seen in all of our ingredients, from our fresh (never frozen) water-purified traditional dough, to our vine-ripened fresh-packed tomato sauce (which goes from the vine to the can in an average of six hours), to our cheese made with 100% mozzarella and many other premium ingredients.

The total investment necessary to begin operation of a standard Papa John’s franchise is $130,120 to $844,420. This includes up to $73,920 that must be paid to the franchisor or its affiliate.
The total investment necessary to begin operation of a non-traditional Papa John’s franchise is $26,500 to $388,920. This includes up to $56,420 that must be paid to the franchisor or its affiliate.

Seeking new franchise units Worldwide.

Better Ingredients, Better Pizza.

"Top  ""    "Entrepreneur
#64 in Canada's Top franchises.

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#55 on Franchise Rankings.com
#146 in Franchise 500 for 2020.
#127 in Franchise 500 for 2021.






About Nick-N-Willy's

Our Advantages *Low Cost of Entry Ours is one of the most affordable food franchise opportunities in the country *Multiple Revenue Sources: Dine-in: offering a comfortable dining experience Carry-out: conveniently meeting your customers' timetable Take-n-bake: complete selection of fresh and ready products for those on the go Salads, desserts and sides: complement each pizza experience Beverages: a variety of specialty beverages including beer and wine choices Delivery: delicious pizzas delivered to your customers' homes and businesses *Broad Appeal Pizza represents over $46 billion in sales per year 79% of all consumers eat pizza every 10 days 93% of Americans eat at least one pizza per month Each man, woman and child eats an average of 46 slices of pizza per year Pizza eaters are repeat customers - 78% of households purchase take out or delivered pizza every single month

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#41 on Franchise Rankings.com