| ||||
Updated RecentlyNick-N-Willy's vs Famoso Neapolitan Pizzeria Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Nick-N-Willy's vs Famoso Neapolitan Pizzeria including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
||
| Investment | $294,500 - $399,500 | $503,000 - $609,000 |
| Franchise Fee | $5,000 - $25,000 | $30,000 |
| Royalty Fee | - | 6% |
| Advertising Fee | - | 2% |
| Year Founded | 2001 | 2007 |
| Year Franchised | 2001 | 2009 |
| Term Of Agreement | - | - |
| Term Of Agreement | - | - |
| Renewal Fee | - | - |
Business Experience Requirements |
||
| Experience | - | Famoso actively seeks individuals who have the potential to be great partners. Our franchisees should have personal financial qualifications, individual motivation, a track record for success, and a passion for the service industry. |
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 first week we take you to Naples, Italy for an opportunity to visit real Neapolitan pizzerias, taste authentic pizza, visit some of our ingredient suppliers, and learn about Neapolitan culture. We then put you and your management team (3 people) through 5-7 weeks of one-on-one training in one of our locations. |
| 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. | Location, location, location! Famoso works exclusively with our commercial real estate teams to secure top quality sites across the country. Our real estate teams know the Famoso brand well, and know what demographics, neighborhoods, and trade areas fit our brand. They represent us with pride and dignity when dealing with landlords; which strengthens our relationships and reputation. This works to our franchisees benefit, which is evident in our solid base of existing locations. We make ourselves available for questions and requests. We also focus on maintaining consistency in our branding, food, and service between stores. We base Famoso's success on our reputation, and we work hard to ensure all Famoso's are upholding this reputation. Famoso has negotiated contracts with suppliers to ensure that each pizzeria receives the same products at competitive pricing. Furthermore, the systems and tools used by Famoso ensure accurate inventory levels, freshly and properly prepared ingredients, and consistent recipes. |
| 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. | Famoso develops and executes strategies that will make our pizzerias busier. Franchisees' ability to execute in-store strategies also has a significant impact on the level of success of each franchise. |
| Operations | - | - |
Expansion Plans |
||
| US Expansion | - | No |
| Canada Expansion | - | Yes |
| International Expansion | - | - |
Company Overviews
About Nick-N-Willy's
!["franchiserankingscom"]("https://d3t9r0kmeshe93.cloudfront.net/settings/71116cc7-281b-43ed-8275-5087635f96d8.png")
About Famoso Neapolitan Pizzeria
Famoso Neapolitan Pizzeria was founded on the passion for authentic, fire-roasted pizzas from Naples, Italy. Naples is the birthplace of pizza, where eating a margherita pizza is a daily ritual and where culinary traditions in pizza making have gone unchanged for 200 years. Whether you eat it on the streets of Naples, or inside Famoso Neapolitan Pizzeria, experiencing authentic Neapolitan pizza is an unforgettable experience. Our concept is a licensed fast casual pizzeria that offers authentic Neapolitan pizzas, fresh salads, espresso and gelato/desserts in a counter-ordering format with added service. Our room boasts atmosphere and style allowing for a comfortable meal whether it's a quick lunch or a wine-filled evening. What makes our pizzas unique to North America is our passionate adherence to the strict standards of the Associazone Verace Pizza Napoletana, a Naples-based organization dedicated to preserving the standards of authentic pizza. We import our flour and tomatoes from Naples, and every pizza is topped with fior-di-latte(fresh whole milk mozzarella). After being cooked in our 900 degree fire oven for 90 seconds, the final product becomes a thin-crust pizza that cannot be compared to any pizza available on the market today. It is light, both soft and crispy and because of the low levels of gluten in the flour, allows you to digest and feel great. Some of our pizzas combine the dough and cooking technique of Naples with some non-Italian flavours, which appeals to a broad spectrum of customers. Igniting the passion - Our franchisee trips to Naples Famoso is not just another pizza place. Our identity is so tied to authenticity, that it's difficult to open multiple locations with multiple franchisees without dedicating some time to experiencing authenticity first hand. That is why we take all of our franchisees to Naples, Italy for a week to eat real Napoletana pizza in 120 -year old pizzerias and experience the vibrant culture of Naples. Italians are very passionate and proud of their culinary history, and it's important for North Americans to adopt this passion - especially if we're representing their food to the world. Our visits to local farmers, local pizzeria owners, and some of our actual suppliers, give us knowledge and appreciation for the art of Neapolitan pizza.