Nick-N-Willy's vs Papa Romano's Franchise Comparison

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

Start-Up Costs and Fees
 
Nick-N-Willy's Franchise
Papa Romano's Franchise
Investment $294,500 - $399,500$175,000 - $325,000
Franchise Fee $5,000 - $25,000$9,500
Royalty Fee --
Advertising Fee --
Year Founded 20011970
Year Franchised 20011985
Term Of Agreement --
Term Of Agreement --
Renewal Fee --


Business Experience Requirements
 
Nick-N-Willy's Franchise
Papa Romano's Franchise
Experience --

Financing Options
 
Nick-N-Willy's Franchise
Papa Romano's Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees -/--/-
Start-up Costs -/--/-
Equipment -/--/-
Inventory -/--/-
Receivables -/--/-
Payroll -/--/-

Training & Support
 
Nick-N-Willy's Franchise
Papa Romano's 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.

We provide you with comprehensive training. If you are purchasing a new franchise, there is no additional charge for training. There may be a fee for training if you are purchasing an existing Papa Romano's unit. Training will take place at one of our designated Metro Detroit training stores. Once your store is opened we will provide you with an onsite training instructor to help you get off to a great start.
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.

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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.

We provide you with ongoing support from the day of your grand opening and beyond. We strive to work with our franchisees to develop programs that will assist in their success. All of our marketing and advertising programs (television, radio, and direct mail) support our continued commitment to quality.
Operations --

Expansion Plans
 
Nick-N-Willy's Franchise
Papa Romano's Franchise
US Expansion --
Canada Expansion --
International Expansion --

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 Papa Romano's

In 2007 we had approximately 45 franchised Papa Romano's Units located in Michigan. Most of our units are located in the Metropolitan Detroit area. However, we also have franchised stores located in Holland and Lewiston, MI. Our organization has established standards and may well afford you financial independence. However, YOUR management skills, drive and desire are an essential ingredient to your success. At Papa Romano's, we have proven that quality speaks for itself. We offer franchises for operating a carryout, delivery and/or sit-down restaurant that offers pizza, subs, salads, chicken, pasta, breads and other Italian prepared foods.
Research and Development
We are always looking for new menu items to meet customer demand, more efficient production methods and state of the art equipment. As an independent businessperson you would be able to take advantage of this ongoing research and development.
What do I do Next? GIVE US A CALL AT (248) 888-7272 and we'll be happy to mail you a Franchise Application.