Start-Up Costs and Fees |
||
| Nick-N-Willy's | Eatza Pizza | |
| Investment | 294500 - 399500 | 226500 - 371500 |
| Franchise Fee | 0 | |
| Royalty Fee | 5% | |
| Advertising Fee | ||
| Year Founded | 2001 | 1996 |
| Year Franchised | 2001 | 1999 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Nick-N-Willy's | Eatza Pizza | |
| Experience | Industry experience General business experience Marketing skills | |
Financing Options |
||
| Nick-N-Willy's | Eatza Pizza | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Nick-N-Willy's | Eatza Pizza | |
| 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. | Newsletter, Meetings, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives |
| 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, Ad slicks, Regional advertising |
| Operations | Franchisees required to buy multiple units/master licenses; 80% of all franchisees own more than one unit Number of employees needed to run franchised unit: 20 - 25 Absentee ownership of franchise is allowed. (50% of current franchisees are owner/operators) | |
Expansion Plans |
||
| Nick-N-Willy's | Eatza Pizza | |
| US Expansion | Mid West, North West, South, South East, South West, West, | |
| Canada Expansion | 0 | |
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Nick-N-Willy's | |
| Eatza Pizza | |
| Franchise Fee | |
| Nick-N-Willy's | |
| Eatza Pizza | |
| Royalty Fee | |
| Nick-N-Willy's | |
| Eatza Pizza | 5% |
| Advertising Fee | |
| Nick-N-Willy's | |
| Eatza Pizza | |
| Year Founded | |
| Nick-N-Willy's | 2001 |
| Eatza Pizza | 1996 |
| Year Franchised | |
| Nick-N-Willy's | 2001 |
| Eatza Pizza | 1999 |
| Term Of Agreement | |
| Nick-N-Willy's | |
| Eatza Pizza | 10 years |
| Renewal Fee | |
| Nick-N-Willy's | |
| Eatza Pizza | 1/3 of franchise fee |
Business Experience Requirements |
|
| Experience | |
| Nick-N-Willy's | |
| Eatza Pizza | Industry experience General business experience Marketing skills |
Financing Options |
|
| Franchise Fees | |
| Nick-N-Willy's | |
| Eatza Pizza | |
| Start-up Costs | |
| Nick-N-Willy's | |
| Eatza Pizza | |
| Equipment | |
| Nick-N-Willy's} | |
| Eatza Pizza | |
| Inventory | |
| Nick-N-Willy's | |
| Eatza Pizza | |
| Receivables | |
| Nick-N-Willy's | |
| Eatza Pizza | |
| Payroll | |
| Nick-N-Willy's | |
| Eatza Pizza | |
Training & Support |
|
| Training | |
| 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. |
| Eatza Pizza | |
| Support | |
| 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. |
| Eatza Pizza | Newsletter, Meetings, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives |
| Marketing | |
| 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. |
| Eatza Pizza | Co-op advertising, Ad slicks, Regional advertising |
| Operations | |
| Nick-N-Willy's | |
| Eatza Pizza | Franchisees required to buy multiple units/master licenses; 80% of all franchisees own more than one unit Number of employees needed to run franchised unit: 20 - 25 Absentee ownership of franchise is allowed. (50% of current franchisees are owner/operators) |
Expansion Plans |
|
| US Expansion | |
| Nick-N-Willy's | |
| Eatza Pizza | Mid West, North West, South, South East, South West, West, |
| Canada Expansion | |
| Nick-N-Willy's | 0 |
| Eatza Pizza | |
| International Expansion | |
| Nick-N-Willy's | |
| Eatza Pizza | |