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Updated RecentlyNick-N-Willy's vs Stevi B's Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Nick-N-Willy's vs Stevi B's including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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| Investment | $294,500 - $399,500 | $434,000 - $758,000 |
| Franchise Fee | $5,000 - $25,000 | $28,500 |
| Royalty Fee | - | 5% |
| Advertising Fee | - | 1.5%Nat'l+3%local |
| Year Founded | 2001 | 1966 |
| Year Franchised | 2001 | 0 |
| Term Of Agreement | - | - |
| Term Of Agreement | - | - |
| Renewal Fee | - | - |
Business Experience Requirements |
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| Experience | - | - |
Financing Options |
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| In-House/3rd Party | In-House/3rd Party | |
| Franchise Fees | -/- | -/- |
| Start-up Costs | -/- | -/- |
| Equipment | -/- | -/- |
| Inventory | -/- | -/- |
| Receivables | -/- | -/- |
| Payroll | -/- | -/- |
Training & Support |
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| 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. |
Our current training program consists of hands-on experience in operating a Stevi B's restaurant in Atlanta, Georgia. This covers all facets of operating the Stevi B's business. A Stevi B's representative will then assist you at the opening of your first restaurant. |
| 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 |
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| US Expansion | - | - |
| Canada Expansion | - | - |
| International Expansion | - | - |
Company Overviews
About Nick-N-Willy's
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About Stevi B's
Stevi B's is one of the fastest growing brands in the profitable casual buffet category. Our brand has a proven operating system with incredible franchise success stories and future franchisees excited about expanding to multiple locations.Stevi B's is continuously working to improve your business and our business in order to adapt to an ever changing world and fast-casual segment. We seek to take advantage of new technology, refine existing systems, and react to new market opportunities as they arise. Stevi B's is an organization with dedicated professionals seeking to make your business a success. We encourage you to visit us for a personal interview. You'll meet with some of our management team, understand our operating system and experience the "Ultimate Pizza Buffet" yourself. At Stevi B's, we stand by our franchisees every step of the way, from site selection, equipment purchases, team training assistance, and marketing guidance. Our management team provides superior start-up and ongoing support to ensure brand consistency and integrity to every member of the Stevi B's family. Individual and multi-unit franchise opportunities are available. A multi-unit franchisee must sign a Development Agreement for at least five locations. For all franchise inquires, please email Melissa McFarlin, Director of Franchise Sales, at [email protected], or call 770-514-7783.