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Below is an in-depth analysis and side-by-side comparison of Simple Simon'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 |
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Investment | $89,500 - $593,500 | $294,500 - $399,500 |
Franchise Fee | $15,000 | $5,000 - $25,000 |
Royalty Fee | 3% | - |
Advertising Fee | 1% | - |
Year Founded | 1982 | 2001 |
Year Franchised | 1986 | 2001 |
Term Of Agreement | - | - |
Term Of Agreement | - | - |
Renewal Fee | - | - |
Business Experience Requirements |
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Experience | *Ability to manage and motivate people. Food service experience is helpful, but not required. *Ability to locate and acquire rights to sites that meet the Company�s criteria. *Ability to properly finance and capitalize the investment. *Commitment to market the product in order to maximize sales and profits. | - |
Financing Options |
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In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | No/Yes | -/- |
Start-up Costs | No/Yes | -/- |
Equipment | Yes/Yes | -/- |
Inventory | No/Yes | -/- |
Receivables | No/Yes | -/- |
Payroll | No/Yes | -/- |
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. |
Support | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives | 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 | Ad slicks, National media | 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 | Yes | - |
Canada Expansion | No | - |
International Expansion | No | - |
Simple Simon's Pizza was founded in 1982 based on a simple philosophy to serve the best quality pizza, calizone, and sandwiches at the most affordable price in a family atmosphere that people can enjoy. Today, Simple Simon's Pizza has approximately 220 locations across Oklahoma, Alabama, Arkansas, Kansas, Louisiana, Iowa, Missouri, Texas, New Mexico, and Georgia in metropolitan and small town communities. The pizza industry has grown to an impressive 25 billion dollar a year industry. The pizza, industry is growing internationally as well. New unit development, operations management, and continuing support are just some of the reasons why Simple Simon's Pizza is one of the best kept secrets in the food industry. Now that the secret has been exposed, we await your entrepreneurial skills to operate a Simple Simon's Pizza