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Below is an in-depth analysis and side-by-side comparison of Nick-N-Willy's vs Flippers Pizzeria 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 | $219,750 - $450,000 |
Franchise Fee | $5,000 - $25,000 | $30,000 |
Royalty Fee | - | 5% |
Advertising Fee | - | 4% local+1%Nat'l |
Year Founded | 2001 | 1987 |
Year Franchised | 2001 | 2010 |
Term Of Agreement | - | - |
Term Of Agreement | - | - |
Renewal Fee | - | - |
Business Experience Requirements |
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Experience | - | We request that potential franchisees have 25%-30% of the total investment in liquid capital, have a net worth to cover 100% of the total investment to open a Flippers franchise and good credit ratings. We would like for our franchisees to have restaurant experience and a strong passion for Flippers and its core values. Franchisees must also have a customer oriented attitude, a strong desire to succeed and grow, a great business sense and comprehension of the Flippers model. In addition you must have the ability to run all aspects of a business including employment, daily operations, and the ability to adhere to the Flippers franchises structure and standards. |
Financing Options |
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In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | -/- | -/- |
Start-up Costs | -/- | -/- |
Equipment | -/- | -/- |
Inventory | -/- | -/- |
Receivables | -/- | -/- |
Payroll | -/- | -/- |
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 | 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. | We provide you and a person of your choice with 80 hours of training at one of our Orlando, Florida pizzerias. We also provide grand opening support, including assisting you in readying your store, providing on-site training tailored to meet your needs. We then follow through with unparalleled on-going support throughout the terms of your agreement. |
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 |
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US Expansion | - | - |
Canada Expansion | - | - |
International Expansion | - | - |
Flippers have been serving the perfect pizza since 1987 and now are inviting you to be part of our family through our franchise opportunity. Flippers' secret for success is dedicated, passionate team members focused on exceeding our customers' expectations and therefore consistently providing the highest level in Value and Service. Using the finest ingredients, a proven operational model, and an established brand provides you with a strong advantage in starting your own successful pizzeria. We will not only share with you our Passion for the perfect pizza, but through our extensive support and dedication to our franchisees, you share in our expertise through the support of our Professional team. From the site selection to layout and design to extensive training to daily operations to marketing support, we are here to assist and support our franchisees. Our philosophy is, "if our franchisees succeed, we succeed." As a Flippers franchisee, you are our brand partner. You benefit from proven quality, brand awareness, and customer loyalty - all results of the strong Flippers brand and our expanding franchise network. With over 30 years of proven success in the restaurant industry, we provide our franchisees with the expertise and know-how to run a successful pizzeria from day one! We look forward to discussing our opportunity in person and work with you to become part of our Flippers Pizzeria family.