Start-Up Costs and Fees |
||
| Nick-N-Willy's | Papa Romano's | |
| Investment | 294500 - 399500 | 175000 - 325000 |
| Franchise Fee | ||
| Royalty Fee | ||
| Advertising Fee | ||
| Year Founded | 2001 | 1970 |
| Year Franchised | 2001 | 1985 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Nick-N-Willy's | Papa Romano's | |
| Experience | ||
Financing Options |
||
| Nick-N-Willy's | Papa Romano's | |
| Franchise Fees | ||
| Start-up Costs | ||
| Equipment | ||
| Inventory | ||
| Receivables | ||
| Payroll | ||
Training & Support |
||
| Nick-N-Willy's | Papa Romano'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. | We provide you with comprehensive training. If you are purchasing a new franchise, there is no additional charge for training. There may be a fee for training if you are purchasing an existing Papa Romano's unit. Training will take place at one of our designated Metro Detroit training stores. Once your store is opened we will provide you with an onsite training instructor to help you get off to a great start. |
| 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. | We provide you with ongoing support from the day of your grand opening and beyond. We strive to work with our franchisees to develop programs that will assist in their success. All of our marketing and advertising programs (television, radio, and direct mail) support our continued commitment to quality. |
| Operations | ||
Expansion Plans |
||
| Nick-N-Willy's | Papa Romano's | |
| US Expansion | ||
| Canada Expansion | 0 | |
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Nick-N-Willy's | |
| Papa Romano's | |
| Franchise Fee | |
| Nick-N-Willy's | |
| Papa Romano's | |
| Royalty Fee | |
| Nick-N-Willy's | |
| Papa Romano's | |
| Advertising Fee | |
| Nick-N-Willy's | |
| Papa Romano's | |
| Year Founded | |
| Nick-N-Willy's | 2001 |
| Papa Romano's | 1970 |
| Year Franchised | |
| Nick-N-Willy's | 2001 |
| Papa Romano's | 1985 |
| Term Of Agreement | |
| Nick-N-Willy's | |
| Papa Romano's | |
| Renewal Fee | |
| Nick-N-Willy's | |
| Papa Romano's | |
Business Experience Requirements |
|
| Experience | |
| Nick-N-Willy's | |
| Papa Romano's | |
Financing Options |
|
| Franchise Fees | |
| Nick-N-Willy's | |
| Papa Romano's | |
| Start-up Costs | |
| Nick-N-Willy's | |
| Papa Romano's | |
| Equipment | |
| Nick-N-Willy's} | |
| Papa Romano's | |
| Inventory | |
| Nick-N-Willy's | |
| Papa Romano's | |
| Receivables | |
| Nick-N-Willy's | |
| Papa Romano's | |
| Payroll | |
| Nick-N-Willy's | |
| Papa Romano's | |
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. |
| Papa Romano's | We provide you with comprehensive training. If you are purchasing a new franchise, there is no additional charge for training. There may be a fee for training if you are purchasing an existing Papa Romano's unit. Training will take place at one of our designated Metro Detroit training stores. Once your store is opened we will provide you with an onsite training instructor to help you get off to a great start. |
| 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. |
| Papa Romano's | |
| 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. |
| Papa Romano's | We provide you with ongoing support from the day of your grand opening and beyond. We strive to work with our franchisees to develop programs that will assist in their success. All of our marketing and advertising programs (television, radio, and direct mail) support our continued commitment to quality. |
| Operations | |
| Nick-N-Willy's | |
| Papa Romano's | |
Expansion Plans |
|
| US Expansion | |
| Nick-N-Willy's | |
| Papa Romano's | |
| Canada Expansion | |
| Nick-N-Willy's | 0 |
| Papa Romano's | |
| International Expansion | |
| Nick-N-Willy's | |
| Papa Romano's | |