Nick-N-Willy's

Nick-N-Willy's

Information based on 2022 FDD

Food & Beverage · Pizza

Investment min
$87K
Total: $87K–$549K
Avg gross revenue
$505K
Unit-level, 2022
Franchise fee
$39K
Per current disclosure
Royalty
6%
of gross revenue
Locations
3
Franchising since 2001

Description

What is Nick-N-Willy's?

Nick-N-Willy's stands as a distinctive player in the pizza restaurant industry, offering a unique take on the beloved Italian classic since 1989. This franchise has carved out its niche by combining traditional pizza-making techniques with innovative flavor combinations that appeal to modern tastes.

What sets Nick-N-Willy's apart is their commitment to fresh, high-quality ingredients and made-from-scratch approach. Each location serves as both a dine-in restaurant and take-and-bake facility, providing customers with the flexibility to enjoy their pizzas fresh from the restaurant's oven or baked in the comfort of their own homes.

The brand emphasizes artisanal pizza-making methods, featuring hand-tossed dough made daily and premium toppings that create a superior pizza experience. Their menu typically includes both classic favorites and creative specialty pizzas, complemented by fresh salads, appetizers, and desserts.

For franchise owners, Nick-N-Willy's offers a business model that combines the growing take-and-bake market with traditional restaurant service, creating multiple revenue streams. The concept is designed to thrive in various locations, from urban centers to suburban communities, with a focus on quality food and customer service.

The franchise provides comprehensive training and ongoing support to help owners master both the culinary and business aspects of running a successful pizza restaurant. With their established brand name and proven operational systems, Nick-N-Willy's presents an opportunity for entrepreneurs to enter the competitive pizza market with a differentiated product and service offering.
  • 35+ years pizza industry experience
  • Lower investment barrier to entry
  • Established brand since 1989
  • Personalized franchisor support system
  • Flexible territory development opportunities
  • Owner-operator focused business model

Location Analysis

Where Nick-N-Willy's wins

Nick-N-Willy's pizza franchise currently maintains a limited market footprint with select active locations, representing a concentrated market presence. While historical data shows the brand originated in 1989, its current geographic distribution indicates a significant contraction from previous market coverage, suggesting careful consideration is needed for potential franchisees.

The modest regional coverage presents both challenges and opportunities. New franchisees could benefit from first-mover advantages in untapped markets, particularly in regions with strong pizza consumption and growing suburban populations. Ideal locations should target middle-income areas with a mix of residential and commercial development, focusing on communities with family demographics and strong dinner daypart traffic.

Success factors for new locations should include high-visibility sites in strip centers or standalone buildings with ample parking, proximity to complementary businesses, and areas with strong delivery potential. Demographics supporting pizza concepts typically include households with $50,000+ annual income, population density of at least 40,000 within a 3-mile radius, and significant daytime population.

While the current limited footprint presents some risk factors, it also offers opportunities for strategic market entry and territory selection. Prospective franchisees should conduct thorough local market analysis and consider regions where artisanal pizza concepts have demonstrated success.
Total US locations
3
Franchise units
3
Corporate locations
0
Avg. sq. footage
N/A
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Financial Analysis

The numbers behind Nick-N-Willy's

Avg gross revenue$504,623
Investment range$86,500 – $549,000
Investment midpoint$317,750
Brand fund3%
Royalty6%
Franchise fee$39,000
Min. net worth
Min. liquid capital
Nick-N-Willy's presents an **entry-level pizza franchise opportunity** with total investment requirements ranging from **$86,500 to $549,000**, positioning it well below the pizza sub-sector averages of $380,153-$837,259. This lower barrier to entry makes it accessible to emerging entrepreneurs with moderate capital availability. The reported gross revenue of **$504,623** trails the sub-sector average of $599,237, which may reflect the system's limited scale with only **3 operating units**.

The pizza industry remains resilient with consistent consumer demand, though highly competitive with established national chains dominating market share. Nick-N-Willy's **35-year operational history since 1989** demonstrates brand longevity, yet the minimal unit count suggests limited franchise expansion success or selective growth strategy.

The small system size presents both opportunities and risks. While franchisees may receive more personalized support, they lack the purchasing power, brand recognition, and operational infrastructure of larger systems. Territory availability likely offers flexibility, but market protection may be limited.

**Ideal investors** should possess restaurant experience, hands-on management capabilities, and sufficient working capital beyond initial investment. The lower investment threshold suits owner-operators seeking pizza segment entry without premium franchise fees. However, prospective franchisees must carefully evaluate the franchisor's support systems, marketing capabilities, and growth strategy given the limited network size.

Thorough FDD review and existing franchisee validation are essential given the system's scale limitations and below-average revenue performance relative to pizza sector benchmarks.
Did you know? Did you know that bringing Nick-N-Willy's famous take-and-bake pizza concept to your community requires a total investment between $86,500 and $549,000, which covers everything from the flat $39,000 franchise fee to equipment, buildout, and working capital needed to start serving fresh pizza dough and gourmet toppings that customers bake at home?

Financing partners

Vetted partners, tailored to franchisees

Your Franzy advisor can connect you with these partners later in the process — competitive rates, specialized in franchise financing.

FranFund

Lender

CRF USA

Nonprofit SBA lender; provides financing for franchise acquisitions, startups, and expansion.

Lender

First Bank of the Lake

Lender

Pension Pros

Lender

FDD Item 7

Initial investment range

$87K–$549K
Most common
$86,500
Minimum
$317,750
Midpoint
$549,000
Maximum

Per FDD Item 7, total initial investment ranges from $86,500 to $549,000. The midpoint $317,750 is what most franchisees report at signing — financing typically reduces cash-at-close by 80–90%. Knowing the investment range helps you plan confidently and ensure you're fully prepared to make the leap.

FDD Item 19

Average gross sales

$600K$480K$360K$240K$120KN/A
$509K
$532K
$505K
2021
2022
2023
Avg
$515K
YOY change (2022 -> 2023)
-5%

According to Item 19 of the Franchise Disclosure Document, Nick-N-Willy's has an average gross revenue of $505K. (Note: This information is based on the latest FDD in our records. Please review the Franchise Disclosure Document (FDD) and confirm this information directly with the brand. We make no claims of accuracy for the information presented.)

Growth over time

Franchise footprint

0% YoY
432210
2016
2017
2018
2019
2020
2021
2022
2023
3 units open as of 2022 FDD

2022 Franchise Disclosure

FDD documents

Below are items 2, 3, 4, 7, 11 and 19 for Nick-N-Willy's's 2022 FDD. The complete FDD is delivered to you directly by the franchisor, per the FTC Franchise Rule.

Estimated initial investment
FDD Item 7 · PDF
Financial performance representations
FDD Item 19 · PDF
Members-only items
Executive team
FDD Item 2 · PDF
Litigation
FDD Item 3 · PDF
Bankruptcy
FDD Item 4 · PDF
Franchisor assistance
FDD Item 11 · PDF
Members only
Unlock the 2022 FDD

Connect to download Items 2, 3, 4, and 11 — direct from the franchisor.

Buyer FAQs

Frequently asked questions

The initial investment for a Nick-N-Willy's franchise typically ranges between $86,500.00 and $549,000.00. This includes the franchise fee, equipment, real estate, and other startup costs. To get a detailed breakdown and better understand the financial requirements, we recommend scheduling a call with the Franzy team. We'll walk you through the specifics and answer any questions you might have. For more detailed information, refer to the financial sections of the FDD.

Disclaimer. The information provided on this page is based on the latest Franchise Disclosure Document (FDD) that is publicly available and that we have on record, which was issued in 2022. This information is for informational purposes only and is not intended to constitute legal, financial, or business advice. We make no guarantees or claims regarding the completeness or accuracy. For the most current and detailed information, we recommend consulting the franchisor directly for the most recent FDD and regarding any questions that you may have about the information provided.

Nick-N-Willy's
Nick-N-Willy's
$505K avg revenue · 3+ US franchises

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