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Below is an in-depth analysis and side-by-side comparison of Nick-N-Willy's vs PizzaRev 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 | $493,500 - $1,150,000 |
Franchise Fee | $5,000 - $25,000 | $30,000 |
Royalty Fee | - | 5% |
Advertising Fee | - | 1-3% |
Year Founded | 2001 | 2011 |
Year Franchised | 2001 | 2013 |
Term Of Agreement | - | 10 years +5+5 |
Term Of Agreement | - | 10 years +5+5 |
Renewal Fee | - | - |
Business Experience Requirements |
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Experience | - | PizzaRev's brand success and reputation is directly tied to those of its franchisees. They are talented business people who are committed to the success of their locations and well-being of their employees, customers, and community. PizzaRev franchisees are experienced restaurant operators with high operational standards, a commitment to training and development, and are good stewards of the brand. Most of all, they are passionate about food, the restaurant industry, and the PizzaRev brand. |
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. | All new PizzaRev franchisees receive the support and training required to open their restaurants quickly and efficiently, including: *Site selection criteria *General restaurant designs and layouts *Review and analysis of layout, blueprint, design, and construction document *Complete equipment lists and specifications *Pre-approved suppliers *Guidance in securing a liquor license *Grand opening promotions assistance and on-site opening assistance *Operational and management tools *Comprehensive pre-opening assistance and restaurant opening training package Our start-up and ongoing training programs will instruct you and your staff in many aspects of running a PizzaRev franchise, including: *Preparation of all PizzaRev menu items *Quality and food portion control *Effective food service operations *Beverage and inventory management *Hiring and personnel management *Marketing, promotions, and public relations *Management tools, systems, and routines *Pizza Certified Trainer program *Cleanliness, organization, and sanitation standards *Execution of opening and closing management functions |
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. | Once your PizzaRev restaurant is open, you'll have the continuing guidance, consultation and support of our PizzaRev Franchise Consultant staff. Help or advice is only a phone call away. Ongoing support services include: *Confidential sample operations manual documenting PizzaRev operational procedures *Ongoing marketing-manual guidance *Ongoing operational, marketing, and cost-control consultation as needed *National purchasing programs *Scheduled visits from our Franchise Consultant *Available in-service training and/or retraining of your restaurant staff |
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. | Co-op Advertising |
Operations | - | - |
Expansion Plans |
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US Expansion | - | Yes |
Canada Expansion | - | - |
International Expansion | - | - |