|
Below is an in-depth analysis and side-by-side comparison of Nick-N-Willy's vs Freshslice Pizza including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
||
Investment | $294,500 - $399,500 | $130,000 - $325,000 |
Franchise Fee | $5,000 - $25,000 | $50,000 |
Royalty Fee | - | 0 |
Advertising Fee | - | 0 |
Year Founded | 2001 | 1999 |
Year Franchised | 2001 | 2000 |
Term Of Agreement | - | - |
Term Of Agreement | - | - |
Renewal Fee | - | - |
Business Experience Requirements |
||
Experience | - | - Be entrepreneurial. - Have management experience. - Process partnership mentality. - Have food or retail experience. - Be financially stable. - Be passionate about the Freshslice brand. |
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. | The initial training is 15 days full time. The Training is held in one of our Training Stores. |
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. | - Business coach. - Buying power. - Marketing power. - Ongoing training. - Financing power. - Pre-opening support. |
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 | - | - |
Freshslice Franchise Blows Away The Competition! No Royalty fees forever! No Advertising fees forever! Before you think your eyes tricked you, you read the above information correctly.Freshslice's franchise really has NO royalty or advertising fees forever! This is one of the main reasons we grew from one location in 1999 to almost 80 today. # Comprehensive in-store training # Complete store set-up and new store opening assistance # Complete set of operations manuals # Complete accounting and accurate detailed reporting system # On-going operational support # On-going training for new product development and launches # Merchandising support and marketing programs Franchisees purchase dough from Freshslice at a considerable discount than from other suppliers. That is one of the main reasons we can offer such GREAT VALUE to the consumer. To discover how a Freshslice business can help you realize your financial goals faster and easier than most other businesses, go to http://www.freshslice.com/franchise/ and learn more.