| ||||
Updated RecentlyNick-N-Willy's vs California Pizza Kitchen Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Nick-N-Willy's vs California Pizza Kitchen including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
||
| Investment | $294,500 - $399,500 | N/A |
| Franchise Fee | $5,000 - $25,000 | N/A |
| Royalty Fee | - | - |
| Advertising Fee | - | - |
| Year Founded | 2001 | 1985 |
| Year Franchised | 2001 | 0 |
| Term Of Agreement | - | - |
| Term Of Agreement | - | - |
| Renewal Fee | - | - |
Business Experience Requirements |
||
| Experience | - | * Proven track record in the restaurant industry * Current ownership of multiple restaurants with an established infrastructure, preferably full service U.S. brands * Previous franchise restaurant experience * Strong knowledge of market trends, real estate, governmental issues, distribution and labor * Minimum of $5 Million total net worth * Minimum of $2 Million cash available for investment * Franchise partner must have the resources and be willing to send multiple managers and several key restaurant employees to California for a 3 month training program. * All minimum requirements are subject to California Pizza Kitchen's collective evaluation of the potential franchise partner If you feel you meet the initial criteria and are interested in franchise opportunities, please tell us more about yourself and your company in the following preliminary application. |
Financing Options |
||
| In-House/3rd Party | In-House/3rd Party | |
| Franchise Fees | -/- | -/- |
| Start-up Costs | -/- | -/- |
| Equipment | -/- | -/- |
| Inventory | -/- | -/- |
| Receivables | -/- | -/- |
| Payroll | -/- | -/- |
Training & Support |
||
| 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 | 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 |
||
| US Expansion | - | - |
| Canada Expansion | - | - |
| International Expansion | - | - |
Company Overviews
About Nick-N-Willy's
!["franchiserankingscom"]("https://d3t9r0kmeshe93.cloudfront.net/settings/71116cc7-281b-43ed-8275-5087635f96d8.png")
About California Pizza Kitchen
All U.S. Locations Are Company-Owned, Not Franchises
California Pizza Kitchen is a leader in authentic California-style cuisine both domestically and internationally. Our diverse menu items from Kung Pao Spaghetti to Tostada Pizza provide an assortment of worldly flavors. In 1998, the first international CPK opened, beginning the company's global expansion. CPK is now considering additional expansion opportunities in select markets with experienced restaurant franchisees.
California Pizza Kitchen is always looking for passionate, experienced partners to help us expand into new markets as we continue to grow our worldwide brand. We provide best-in-class training and development in all areas of our business in addition to on-the-ground support.
International Franchising Requirements
* Proven track record in the restaurant industry
* Current ownership of multiple restaurants with an established infrastructure, preferably full service U.S. brands
* Previous franchise restaurant experience
* Strong knowledge of market trends, real estate, governmental issues, distribution and labor
* Minimum of $5 Million total net worth
* Minimum of $2 Million cash available for investment
* Franchise partner must have the resources and be willing to send multiple managers and several key restaurant employees to California for a 3 month training program.
* All minimum requirements are subject to California Pizza Kitchen's collective evaluation of the potential franchise partner