Nick-N-Willy's Pizza
The total investment to open a Nick-N-Willy's Pizza franchise ranges from $49,500 to $202,000. The initial franchise fee is $59,500.
What is the Nick-N-Willy's Pizza franchise?
Nick N Willy's Pizza is a limited service pizza brand with 18 total units and 21 active franchised locations. The difference between those figures may reflect separate classifications within the system, but both figures appear in the available brand information. The franchised locations are independently owned and operated and serve local communities. Specific founding details are not publicly available. The brand focuses on quality, convenience, classic pizza offerings, and flavors intended to appeal to current customer preferences. It operates in the limited service restaurant category, which represents a large portion of the United States food service market. The United States restaurant industry is projected to exceed $1.1 trillion by 2024, and limited service restaurants often account for more than 60% of annual restaurant visits. The United States pizza industry was valued at an estimated $47 billion in 2023. It has grown at a compound annual growth rate of approximately 3% to 4% over the past five years and is projected to maintain that pace through 2028. Demand for accessible pizza meals, along with the brand's operating presence across 21 franchised units, gives prospective buyers a basis for evaluating its position in this market.
Limited service restaurants benefit from consumers who want quick, accessible, ready to eat meals. The broader United States restaurant industry is forecast to reach $1.1 trillion in sales by 2024, while the limited service segment has often grown by more than 5% annually despite economic fluctuations. Customers continue to place value on convenience, ingredient quality, order customization, and the ability to address particular dietary preferences. Digital ordering platforms, mobile applications, and third party delivery services have changed how many restaurants reach and serve customers. Online orders account for more than 30% of restaurant sales in many markets. Urbanization has also concentrated consumers in areas that can support limited service food concepts. These restaurants can require less operational complexity than full service dining and may benefit from recurring demand for everyday meals. The pizza category remains highly competitive and includes several enterprises with multibillion dollar sales, along with regional and niche operators. Nick N Willy's Pizza seeks to distinguish itself through product quality, recipes, and customer service within the $47 billion pizza market, which has expanded continuously for more than a decade. Local markets remain fragmented, giving focused operators an opportunity to build community awareness and capture local demand.
The initial franchise fee for Nick N Willy's Pizza is $59,500. That amount is near the upper end of the typical fee range for many limited service food franchises, which often charge between $30,000 and $60,000. The fee covers rights associated with the brand's proprietary systems and trademarks, as well as initial training. The total initial investment for one unit ranges from $49,500 to $202,000. The required amount can vary based on the real estate and format selected. Relevant factors include a new build out, conversion of an existing space, or a smaller takeout and delivery focused location. Regional construction costs, equipment packages, signage, opening inventory of food and supplies, and preopening marketing also affect the total. The $49,500 low end is comparatively accessible for a food service franchise and is below the initial investment often required by competing pizza brands, which can exceed $300,000 to $500,000. That lower entry point may expand the pool of prospective buyers. Specific liquid capital and net worth requirements are not disclosed in the current FDD. Buyers should plan for working capital to cover early operating expenses and personal living costs while the business builds sales. The current FDD also does not disclose specific royalty or advertising fee structures. For comparison, limited service restaurant franchises commonly charge royalties of 4% to 8% of gross sales and advertising contributions of 1% to 3% of gross sales. A buyer should request the franchisor's current fee details and confirm every financial obligation before proceeding. The investment may be considered alongside conventional business loans and government backed programs for qualified candidates. PeerSense is a commercial capital advisory firm that introduces franchise buyers to SBA and conventional lenders. PeerSense is not a lender and does not approve or provide loans.
A Nick N Willy's Pizza unit is organized around taking orders, preparing ingredients, making and baking pizzas according to brand recipes, and completing orders for dine in, takeout, or delivery. Orders may come through the store, by phone, or through digital channels. Speed, consistency, and product quality are central operating priorities in the pizza category. Staffing is generally lean under the limited service model. A typical location may use a manager, a small group of cooks or pizza makers, and customer service representatives, with approximately 5 to 10 employees per shift depending on sales volume and operating hours. This staffing structure can reduce labor costs compared with more service intensive restaurant formats. The brand may support different location formats, including a traditional storefront in a high traffic retail area, a smaller takeout and delivery location, or a nontraditional venue. Format selection can affect the total investment and allow a buyer to match the store to the local market and available budget. Training is a central part of the franchise model. A standard program would generally cover operating procedures, product preparation, point of sale system use, inventory management, local marketing, and customer service. Initial onboarding may take place at the corporate headquarters in DALLAS, TX, or at a certified training location. Specific training duration and curriculum details are not provided. Ongoing support typically includes field assistance from franchise business consultants, updated operating manuals, local and regional marketing guidance, supply chain and vendor assistance, and continuing menu research and development. Territory structures generally aim to give franchisees a protected operating area, reduce internal competition, and support market penetration. Multi unit development is often encouraged so successful single unit operators can expand and benefit from economies of scale in their regions.
Buyers therefore need to build their own financial model using local assumptions and broader category benchmarks. Results depend heavily on operating efficiency, location, sales mix, and cost control. Local competition, marketing performance, lease terms, food costs, and labor management can materially change those results. Nick N Willy's Pizza operates in a $47 billion pizza market projected to grow by 3% to 4% annually, which provides category demand but does not establish the performance of any particular unit. No unit specific financial projections are available. Consumer demand for convenience and value remains a favorable backdrop for limited service food operators.
Nick N Willy's Pizza follows a focused expansion approach centered on its franchised network. The system is described as having 18 total units and 21 active franchised locations. That structure points to a franchise centered growth model in which independent operators drive market entry and expansion. Historical unit count trends and net new unit additions for specific periods are not detailed. The presence of 21 active franchised locations alongside a stated total of 18 units may indicate a different classification of units or a reporting distinction between system totals and currently active revenue generating franchised locations. Recent activity across the limited service pizza sector includes greater use of online ordering, loyalty programs, mobile tools, and third party delivery relationships. The brand's competitive position may depend on its particular product offering, such as a distinctive crust, signature sauces, gourmet toppings, or a specific preparation method, together with consistent quality and efficient service. Smaller brands can compete with large chains through product quality, local marketing, and a more personal customer experience. Nick N Willy's Pizza has a Loan Activity Score of 19, which indicates a focused or specialized operating footprint. A smaller footprint may allow the system to respond to local customer preferences and market conditions. It may also support stronger community relationships in selected demographic or geographic areas. A prospective franchisee should assess the brand's online ordering, mobile functionality, and social media activity because digital access increasingly affects customer reach and sales in food service.
The prospective franchisee profile includes an individual or team with operating ability, community involvement, and an interest in delivering quality food service. Specific liquid capital and net worth requirements are not disclosed, but a buyer should have the financial capacity to support the initial investment range of $49,500 to $202,000 and the early working capital needs of the business. Business management ability, knowledge of local market conditions, and an active approach to marketing and customer service are useful qualifications. Restaurant or retail experience, especially in limited service operations, can help a buyer address daily staffing, production, and customer issues. Franchisees are responsible for recruiting, training, and motivating local employees who follow Nick N Willy's Pizza standards. The accessible investment range may also suit multi unit development. The franchisor would likely favor candidates who have the resources and ambition to expand beyond one location, gain operating efficiencies, and establish a stronger regional presence. The combination of 21 active franchised units and a stated total system of 18 units indicates possible room for expansion in established and emerging markets, although territory availability must be confirmed directly. The period from signing a franchise agreement to opening a unit typically ranges from 6 to 12 months. Real estate acquisition, construction or renovation, permits, and training can affect that schedule. The specific franchise agreement term is not provided. Standard agreements in the industry commonly range from 5 to 10 years and may include renewal options, creating a framework for long term operating and investment planning.
Nick N Willy's Pizza offers a possible entry into the limited service pizza category, which benefits from recurring consumer demand and a United States pizza market valued at $47 billion in 2023. That market has grown at approximately 3% to 4% annually over the past five years and is projected to maintain that pace through 2028. The initial investment ranges from $49,500 to $202,000, which is lower than the investment often required for many full service restaurant concepts and some competing pizza brands. The range may appeal to first time owners as well as operators considering multiple units. The 21 active franchised units indicate an existing franchised operating base, while the stated total of 18 units creates a reporting distinction that should be clarified with the franchisor. The Loan Activity Score of 19 reflects a focused operating model. Consumer convenience, digital ordering, product quality, and local market execution will be relevant to the brand's ability to compete. A buyer should review the current FDD, confirm all fees and territory details, test local demand, prepare conservative financial assumptions, and arrange financing independently. PeerSense can introduce qualified franchise buyers to SBA and conventional lenders for capital discussions, but PeerSense is not a lender and does not fund or approve loans.
Loan Activity Score
19/100
SBA Default Rate
47.5%
Active Lenders
23
According to its Franchise Disclosure Document or public business records, Nick-N-Willy's Pizza has 21 locations, all owned by franchisees. Public SBA loan records show 23 lenders made 40 loans to franchisees of Nick-N-Willy's Pizza. PeerSense calculates Nick-N-Willy's Pizza's score as 19 out of 100, using public SBA loan performance and recent lending activity.
21 locations
$49,500 to $202,000
$59,500
21
21 franchised
Proprietary PeerSense metric
LimitedDistinct lenders in public SBA records for Nick-N-Willy's Pizza
40
Total SBA loans
$136K
Average loan size
Source: public SBA 7(a) and 504 loan records through December 31, 2025
Referral fee at closing
SBA Lending Activity for Nick-N-Willy's Pizza
Loan Activity Score Breakdown
Established (25 to 99 loans)
Are lenders increasingly or decreasingly funding this brand? Growing trends score highest.
Blended default rate (recent + all time) compared to NAICS sector peers.
Quality lenders actively backing this brand, with penalty for lender pullback.
FDD availability, Item 19 disclosure, and overall data completeness.
Geographic spread of SBA funded locations across states.
SBA Lending Performance
SBA Default Rate
47.5%
vs 10.3% peer avg
SBA Loans
40
Total Volume
$5.4M
Active Lenders
23
2 selective
States
13
vs. SBA Sector Average
SBA loan default rate vs. all franchises in the same NAICS sector, not limited to direct competitors
Key Highlights
Franchise Financing Resources
Data Insights
Key performance metrics for Nick-N-Willy's Pizza based on SBA lending data
SBA Default Rate
47.5%
37.2% above peer avg
SBA Loan Volume
40 loans
Across 23 lenders
Lender Diversity
23 lenders
Avg 1.7 loans per lender
Investment Tier
Mid range investment
$49,500 to $202,000 total
Nick-N-Willy's Pizza: Deep SBA Data
Brand specific metrics derived directly from SBA 7(a) approval records: peak lending year, leading state, average loan size, and lender concentration. PeerSense computes these per brand so capital advisors and prospective franchisees can benchmark this opportunity against the rest of the franchise universe.
Peak SBA Year
2004
10 approvals. The best year on record for Nick-N-Willy's Pizza.
Top SBA State
Texas
6 SBA financed Nick-N-Willy's Pizza locations, the densest operator footprint.
Average Loan Size
$136K
Median $145K. Use as a sizing anchor when modeling your own Nick-N-Willy's Pizza unit.
Lender Concentration
30%
Moderately Spread
Share of Nick-N-Willy's Pizza approvals captured by the top 3 SBA lenders.
Nick-N-Willy's Pizza's SBA lending pipeline peaked in 2004 (10 approvals). Operator density is highest in Texas with 6 SBA financed locations. Average funded ticket sits at $136K, with the median at $145K. Lender mix is moderately spread: the top three SBA lenders account for 30% of approvals. Meaningful choice exists, but specific lenders carry the brand.
Payment Estimator
Estimated Monthly Payment
$512
Principal & Interest only
Indicative only, as of October 1, 2026. Not a quote, commitment or offer of credit. Final pricing, leverage and terms are determined by the lender at underwriting, after full transaction materials are reviewed. PeerSense sources the file. The lender sets pricing. What these terms mean.
Locations
Nick-N-Willy's Pizza, unit breakdown
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Reviewed by Edward L. Freeman, Founder and Managing Director, PeerSense
- PeerSense is a capital advisory firm that places commercial financing with direct capital sources; it does not lend, fund, or approve loans, and the capital source sets final terms.
- Edward L. Freeman founded PeerSense in January 2020.
- He is a Registered Franchise Consultant with Business Alliance, Inc., a credential issued in March 2022, and worked as a franchise consultant there from March 2022 to May 2023.
- His recorded experience includes a $22 million SBA construction loan, with about $16 million funded on the deal.
- In the 12 months through September 30, 2026, PeerSense tracked 912 publicly announced financings with a disclosed size of $361.32 billion. PeerSense Capital Data Report · Methodology page
Last reviewed LinkedIn profileAbout Edward Freeman