|
Below is an in-depth analysis and side-by-side comparison of Nick-N-Willy's vs Blast & Brew including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
||
Investment | $294,500 - $399,500 | $340,350 - $968,000 |
Franchise Fee | $5,000 - $25,000 | $25,000 |
Royalty Fee | - | 4% |
Advertising Fee | - | - |
Year Founded | 2001 | 2013 |
Year Franchised | 2001 | 2014 |
Term Of Agreement | - | - |
Term Of Agreement | - | - |
Renewal Fee | - | - |
Business Experience Requirements |
||
Experience | - | At Blast & Brew, we like to think “big.” That said, we’re vigorously seeking multi-unit investors to open at least three locations domestically to start. Our ideal prospect is a strong operator who’ll help us strategically grow the brand – someone who will listen and work with us as an enthusiastic team. If you’re a restaurateur or a franchisee, we’d love to show you how our ground-floor opportunity can take your restaurant portfolio to a whole new level. KEY TRAITS OF A FRANCHISEE: Experience: 5 to 10 years experience in food service, retail, or multi-unit management experience is great. Proven Record of Success: Candidates must have proven themselves in the restaurant or retail industry, and shouldn’t be afraid to “think big.” Passion for Quality: We don’t believe in shortcuts when it comes to quality ingredients and better pizza. So, we want people who won’t cut corners. A Commitment to Growth: Ideal candidates are committed to the growth of multiple units within a certain market. Marketing Mojo: You don’t have to be a marketing guru, but an understanding of local store marketing and the community is valuable. Financial Eligibility: This refers to your ability to obtain funding, and therefore, your ability to qualify for a Blast & Brew franchise. |
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. | - |
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. | - |
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 | - | - |
We’ve done all the work for you, or at least 55 years of it, refining everything from our patented recipes and procedures to our operations and advertising. At Blast & Brew we believe that the key to a great experience is a customer-tailored experience. We offer over forty fresh toppings so you can create your perfect Neapolitan style pizza; make your own unique wrap, sandwich or salad; or try something new every time. Everything is one of a kind because you create it.Endless customization means there’s always something for everyone at the table - it’s what brings people together, and that’s what keeps us living the Blast lifestyle every day.