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Updated RecentlyPapa Murphy's vs Nick-N-Willy's Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Papa Murphy'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 |
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| Investment | $286,919 - $524,205 | $294,500 - $399,500 |
| Franchise Fee | $25,000 | $5,000 - $25,000 |
| Royalty Fee | 5% | - |
| Advertising Fee | 2% | - |
| Year Founded | 1981 | 2001 |
| Year Franchised | 1982 | 2001 |
| Term Of Agreement | 10 years | - |
| Term Of Agreement | 10 years | - |
| Renewal Fee | $5K | - |
Business Experience Requirements |
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| Experience | - | - |
Financing Options |
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| In-House/3rd Party | In-House/3rd Party | |
| Franchise Fees | No/No | -/- |
| Start-up Costs | No/Yes | -/- |
| Equipment | No/Yes | -/- |
| Inventory | No/Yes | -/- |
| Receivables | No/No | -/- |
| Payroll | No/No | -/- |
Training & Support |
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| Training | On-The-Job Training: 230 hours Classroom Training: 40 hours | 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 Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software 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 Regional Advertising Social media SEO Email marketing Loyalty program/app | 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 |
Number of Employees Required to Run: 10
Absentee ownership of franchise is NOT allowed. | - |
Expansion Plans |
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| US Expansion | No | - |
| Canada Expansion | No | - |
| International Expansion | No | - |
Company Overviews
About Papa Murphy's
Papa Murphy's Take N' Bake Pizza is the pioneer of the take and bake concept. We are the largest take and bake pizza company in the world. We offer only the freshest and highest quality ingredients with our freshly grated cheeses and our dough that is prepared in house daily. Papa Murphy's offer our products at a low price point, and we also offer our customer the opportunity to cook their pizza when they are ready to eat it.
98% of Papa Murphy's stores are franchised. It is the energy and entrepreneurial spirit of our franchisees that makes Papa Murphy's the innovative and customer centered organization that it is. Without the hard work and dedication of our franchisees we would not have been able to experience the growth and success that we have seen over the years.
Currently franchise units in Arkansas, Arizona, California, Florida, Indiana, Kentucky,
Louisiana, Maryland, Michigan, North Carolina, Oklahoma, South Carolina,
Tennessee, Texas, Virginia, 24 more states, Canada and the Middle East. Please inquire about other states, also.
Veteran Incentives Reduced royalty fee for first three years
About Nick-N-Willy's
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