Nick-N-Willy's vs Russo's New York Pizzeria Franchise Comparison

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

Start-Up Costs and Fees

 
Nick-N-Willy's Franchise
Russo's New York Pizzeria Franchise
Investment $294,500 - $399,500$400,000 - $1,500,000
Franchise Fee $5,000 - $25,000$49,500
Royalty Fee -7%
Advertising Fee -2%
Year Founded 20011978
Year Franchised 20011998
Term Of Agreement -10 years +5
Term Of Agreement -10 years +5
Renewal Fee --


Business Experience Requirements

 
Nick-N-Willy's Franchise
Russo's New York Pizzeria Franchise
Experience -No Restaurant experience necessary but helpful Minimum financials are $175K to $400K in investment capital and a $600K to $1.0MM net worth.

Financing Options

 
Nick-N-Willy's Franchise
Russo's New York Pizzeria Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees -/--/-
Start-up Costs -/--/-
Equipment -/--/-
Inventory -/--/-
Receivables -/--/-
Payroll -/--/-

Training & Support

 
Nick-N-Willy's Franchise
Russo's New York Pizzeria Franchise
Training

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.

Corporate Store, Houston, TX . 8 Week GM & Key Supervisor Training and Certification.
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.

Central Data Processing: At Additional Cost

Field Operation Evaluation: At Additional Cost

Field Training: At Additional Cost Initial Store Opening

Inventory Control

Regional or National Meetings

800 Telephone Hotline

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.

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Operations -Average Number of Employees: 10 Full-time, 6 Part-time

Passive Ownership: Allowed, But Discouraged


Expansion Plans

 
Nick-N-Willy's Franchise
Russo's New York Pizzeria Franchise
US Expansion -Yes
Canada Expansion --
International Expansion -Yes

Company Overviews

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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About Russo's New York Pizzeria

Russo's Restaurants is a national and international franchisor of the fast casual and casual dining brands Russo's New York Pizzeria and Russo's Coal-Fired Italian Kitchen. Based in Houston, Russo's Restaurants are composed of a mix of corporate and franchised locations across Texas, Oklahoma, Arkansas, Tennessee, Florida and Hawaii. Russo's has entered international markets as well, with locations in Dubai, Abu Dhabi and Sharjah in the United Arab Emirates. There are an additional 20-plus units in development both in the United States and internationally. Chef Anthony Russo has created his concepts from years of applying his unique, family recipes featuring New York-style pizza along with a broad variety of handcrafted pasta creations, calzones, salads, sandwiches, soups and desserts, reflecting his commitment to his New York roots where food and family come first.