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Below is an in-depth analysis and side-by-side comparison of Nick-N-Willy's vs Rosati's Pizza 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 | $136,200 - $1,241,000 |
Franchise Fee | $5,000 - $25,000 | $30,000 |
Royalty Fee | - | 5% |
Advertising Fee | - | - |
Year Founded | 2001 | 1964 |
Year Franchised | 2001 | 2006 |
Term Of Agreement | - | 10 years |
Term Of Agreement | - | 10 years |
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 | -/- | -/Yes |
Start-up Costs | -/- | -/Yes |
Equipment | -/- | -/Yes |
Inventory | -/- | -/Yes |
Receivables | -/- | -/Yes |
Payroll | -/- | -/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. | A successful operation depends on hiring, training and retaining quality employees and management personnel. As part of the Rosati's Pizza Franchise Program we have designed a comprehensive training system for franchise owners and operators based on proven standards and guidelines developed over the years by Rosati's. Prior to the opening of your store, initial training will take place in one of our locations in addition to classroom training in our corporate office. With the exception of personal costs, transportation and lodging, your training expenses are included in the Franchise fee. On-The-Job Training: 292 hours Classroom Training: 6 hours |
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. | Our franchise consultants, working under the Director of Operations, maintain constant communication with all franchisees. You will receive operating and marketing information as well as new ideas to assist in the growth of your business. Also provided is an in-depth consultation report, which provides an analysis of your operation and a jointly prepared action plan to optimize store performance. Newsletter Meetings/Conventions Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Franchisee Intranet Platform |
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. | Rosati's marketing strategy targets the geographic area of each restaurant through the extensive use of distinctive print material. A local marketing manual also provides an outline to focus efforts on a variety of community oriented activities. The use of a sophisticated computerized point of sale system provides detailed customer information enabling us to execute the marketing strategy in a cost effective manner. Social media SEO Website development Email marketing Loyalty program/app |
Operations | - | Absentee Ownership Allowed Number of Employees Required to Run: 6 - 8 |
Expansion Plans |
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US Expansion | - | Yes |
Canada Expansion | - | - |
International Expansion | - | Yes |