Start-Up Costs and Fees |
||
| Flippers Pizzeria | Nick-N-Willy's | |
| Investment | 219750 - 450000 | 294500 - 399500 |
| Franchise Fee | ||
| Royalty Fee | 5% | |
| Advertising Fee | 4% local+1%Nat'l | |
| Year Founded | 1987 | 2001 |
| Year Franchised | 2010 | 2001 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Flippers Pizzeria | Nick-N-Willy's | |
| Experience | We request that potential franchisees have 25%-30% of the total investment in liquid capital, have a net worth to cover 100% of the total investment to open a Flippers franchise and good credit ratings. We would like for our franchisees to have restaurant experience and a strong passion for Flippers and its core values. Franchisees must also have a customer oriented attitude, a strong desire to succeed and grow, a great business sense and comprehension of the Flippers model. In addition you must have the ability to run all aspects of a business including employment, daily operations, and the ability to adhere to the Flippers franchises structure and standards. | |
Financing Options |
||
| Flippers Pizzeria | Nick-N-Willy's | |
| Franchise Fees | ||
| Start-up Costs | ||
| Equipment | ||
| Inventory | ||
| Receivables | ||
| Payroll | ||
Training & Support |
||
| Flippers Pizzeria | Nick-N-Willy's | |
| 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 | We provide you and a person of your choice with 80 hours of training at one of our Orlando, Florida pizzerias. We also provide grand opening support, including assisting you in readying your store, providing on-site training tailored to meet your needs. We then follow through with unparalleled on-going support throughout the terms of your agreement. | 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 |
||
| Flippers Pizzeria | Nick-N-Willy's | |
| US Expansion | ||
| Canada Expansion | 0 | |
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Flippers Pizzeria | |
| Nick-N-Willy's | |
| Franchise Fee | |
| Flippers Pizzeria | |
| Nick-N-Willy's | |
| Royalty Fee | |
| Flippers Pizzeria | 5% |
| Nick-N-Willy's | |
| Advertising Fee | |
| Flippers Pizzeria | 4% local+1%Nat'l |
| Nick-N-Willy's | |
| Year Founded | |
| Flippers Pizzeria | 1987 |
| Nick-N-Willy's | 2001 |
| Year Franchised | |
| Flippers Pizzeria | 2010 |
| Nick-N-Willy's | 2001 |
| Term Of Agreement | |
| Flippers Pizzeria | |
| Nick-N-Willy's | |
| Renewal Fee | |
| Flippers Pizzeria | |
| Nick-N-Willy's | |
Business Experience Requirements |
|
| Experience | |
| Flippers Pizzeria | We request that potential franchisees have 25%-30% of the total investment in liquid capital, have a net worth to cover 100% of the total investment to open a Flippers franchise and good credit ratings. We would like for our franchisees to have restaurant experience and a strong passion for Flippers and its core values. Franchisees must also have a customer oriented attitude, a strong desire to succeed and grow, a great business sense and comprehension of the Flippers model. In addition you must have the ability to run all aspects of a business including employment, daily operations, and the ability to adhere to the Flippers franchises structure and standards. |
| Nick-N-Willy's | |
Financing Options |
|
| Franchise Fees | |
| Flippers Pizzeria | |
| Nick-N-Willy's | |
| Start-up Costs | |
| Flippers Pizzeria | |
| Nick-N-Willy's | |
| Equipment | |
| Flippers Pizzeria} | |
| Nick-N-Willy's | |
| Inventory | |
| Flippers Pizzeria | |
| Nick-N-Willy's | |
| Receivables | |
| Flippers Pizzeria | |
| Nick-N-Willy's | |
| Payroll | |
| Flippers Pizzeria | |
| Nick-N-Willy's | |
Training & Support |
|
| Training | |
| Flippers Pizzeria | |
| Nick-N-Willy's | 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 | |
| Flippers Pizzeria | We provide you and a person of your choice with 80 hours of training at one of our Orlando, Florida pizzerias. We also provide grand opening support, including assisting you in readying your store, providing on-site training tailored to meet your needs. We then follow through with unparalleled on-going support throughout the terms of your agreement. |
| Nick-N-Willy's | 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 | |
| Flippers Pizzeria | |
| Nick-N-Willy's | 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 | |
| Flippers Pizzeria | |
| Nick-N-Willy's | |
Expansion Plans |
|
| US Expansion | |
| Flippers Pizzeria | |
| Nick-N-Willy's | |
| Canada Expansion | |
| Flippers Pizzeria | |
| Nick-N-Willy's | 0 |
| International Expansion | |
| Flippers Pizzeria | |
| Nick-N-Willy's | |