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Below is an in-depth analysis and side-by-side comparison of Nick-N-Willy's vs My Pie 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 | $184,845 - $546,095 |
Franchise Fee | $5,000 - $25,000 | $35,000 |
Royalty Fee | - | 5% |
Advertising Fee | - | 1% |
Year Founded | 2001 | 2012 |
Year Franchised | 2001 | 2015 |
Term Of Agreement | - | - |
Term Of Agreement | - | - |
Renewal Fee | - | - |
Business Experience Requirements |
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Experience | - | * Passionate about serving the best pizza in the country * Fun, energetic, people-oriented * Wants the opportunity to succeed through hard work * Values transparency, teamwork, family, loyalty * Meets financial requirements *Strong organizational skills and ability to follow proven system * Dedicated to superior customer service * Restaurant experience a plus |
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. | 8 days in Phoenix and up to 5 days at the franchisee store in which you learn: *Company overview *Store operations *POS system and data reporting *Accounting *Marketing and advertising *Purchasing and inventory control *Equipment use and maintenance *Staffing *Customer service *Operational controls *Position hiring and training *Human resources |
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. | Training in: *Company overview *Store operations *POS system and data reporting *Accounting *Marketing and advertising *Purchasing and inventory control *Equipment use and maintenance *Staffing *Customer service *Operational controls *Position hiring and training *Human resources |
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 | - | Passive Ownership: With qualified manager Average # of Employees 10-15 employees / 4-8 per shift |
Expansion Plans |
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US Expansion | - | Yes |
Canada Expansion | - | - |
International Expansion | - | - |
*Custom selection of crusts, sauces, and toppings *Pizza ingredients based on traditional Italian recipes *2 minute bake time for pizzas *Unique seasonal specialties rotated throughout the year *Additional menu items include salads, appetizers, and deserts *Happy hour all day with half price refills of beer and wine *Organic New York style sauce, endorsed by football great Kurt Warner and available in jars for take-home use *Experienced, successful restaurant team as franchisors *Small-box footprint equates to lower investment dollars and reduced occupancy costs *Operating model empowers management efficiency and unit growth *Open space with family-friendly atmosphere *Attractive markets are available throughout the US Multi-Unit Franchise Fee: 2-4 $30,000/5 plus $25,000
At My Pie we pride ourselves in being your neighborhood pizzeria. Our New York authentic pies are built to order using homemade recipes from our family archives. Our motto is local, fresh, fast! We love to source our produce locally and our pies cook up in a New York minute. Our dough and sauces are made fresh, daily using only the best ingredients. Once you taste a My Pie you’ll be hooked! Our quality and flavor far surpass the competition and we’re sure you’ll feel the same way. My Pie is truly a modern classic. It is a place where each guest has the opportunity to custom build their own dining experience.
Veterans Discount: 20%