Figaro's Pizza vs Nick-N-Willy's Franchise Comparison

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

Start-Up Costs and Fees
 
Figaro's Pizza Franchise
Nick-N-Willy's Franchise
Investment $86,500 - $549,000$294,500 - $399,500
Franchise Fee $39,000$5,000 - $25,000
Royalty Fee 5%-
Advertising Fee 3%-
Year Founded 19812001
Year Franchised 19862001
Term Of Agreement 5 years-
Term Of Agreement 5 years-
Renewal Fee --


Business Experience Requirements
 
Figaro's Pizza Franchise
Nick-N-Willy's Franchise
Experience
  • General business experience
  • Marketing skills
    		• -

    Financing Options
     
    Figaro's Pizza Franchise
    Nick-N-Willy's Franchise
      In-House/3rd PartyIn-House/3rd Party
    Franchise Fees No/Yes-/-
    Start-up Costs No/Yes-/-
    Equipment No/Yes-/-
    Inventory No/Yes-/-
    Receivables No/No-/-
    Payroll No/No-/-

    Training & Support
     
    Figaro's Pizza Franchise
    Nick-N-Willy's Franchise
    Training On-The-Job Training: 59 hours Classroom Training: 55 hours Additional Training: At headquarters & in the field

    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 Purchasing Co-ops Meetings/Conventions Toll-Free Line Grand Opening Security/Safety Procedures Field Operations Site Selection Franchisee Intranet Platform

    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 Co-op Advertising Ad Templates National Media Regional Advertising Social media Website development

    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 61% of all franchisees own more than one unit

    Number of employees needed to run franchised unit: 9 - 13

    Absentee ownership of franchise is allowed. (39% of current franchisees are owner/operators)

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    Expansion Plans
     
    Figaro's Pizza Franchise
    Nick-N-Willy's Franchise
    US Expansion Yes-
    Canada Expansion No-
    International Expansion Yes-

    Company Overviews

    About Figaro's Pizza

    Founded in 1981, Figaro's sells ready-to-eat as well as take-and-bake pizzas. Dick Bunge and partners purchased Figaro's in 1986, after seeing promise in the unique "We Bake or You Bake" concept. Franchisees may operate carry-out, dine-in or delivery store models.

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    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