FIGARO'S AND NICK-N-WILLY'S
Figaro’s Italian Pizza and Nick-N-Willy’s franchises operate quick-service restaurants specializing in a limited menu of pizzas, calzones, and other food and beverage products. The franchisor, Figaro’s Italian Pizza, Inc., grants franchisees the right to use either the Figaro’s or Nick-N-Willy’s trademarks based on the franchise type purchased. Their business model centers on franchising these pizza outlets to serve customers seeking convenient, high-quality Italian-inspired fast food.
Franchise Costs
6% royalty + 3% branding fee + insurance est. $500-$8,000/yr ($42-$667/mo)
Financial Performance
Item 19 Financial Performance
Data Based On: 24 domestic Unit Franchised Stores open for at least 12 months as of December 31, 2024, all reported sufficient financial performance information.
* Calculated weighted average gross revenue using the average gross revenues for the four 25% segments (Top 25%, Second 25%, Third 25%, Bottom 25%), each consisting of 6 stores, totaling 24 stores. The weighted average is ($823,482.27 * 6 + $565,312.66 * 6 + $445,129.20 * 6 + $236,691.22 * 6) / 24 = $517,653.84. The overall median gross revenue was estimated by averaging the Median Gross Revenues of the two central quartiles (Second 25% and Third 25%): ($568,900.54 + $444,160.78) / 2 = $506,530.66.
Extracted Item 19 Section
How FIGARO'S AND NICK-N-WILLY'S Compares
| Franchise | Investment | Fee | Royalty | Locations |
|---|---|---|---|---|
FIGARO'S AND NICK-N-WILLY'S Current | N/A | $39K | 6.0% | 36 |
| MCDONALD'S | $1.5M – $2.6M | $45K | N/A | 12,772 |
| AFC | $45K – $151K | $6K | 9.5% | 3,572 |
| SONIC DRIVE-IN | $1.7M – $3.1M | $15K | 5.0% | 3,441 |
| JIMMY JOHN'S | $366K – $728K | $35K | 6.0% | 2,647 |
| ARBY'S | $645K – $2.5M | $38K | 4.0% | 2,316 |
Fast Food Average 126 franchises | $594K – $1.5M | $35K | 6.1% | – |
* Comparison based on latest FDD filings. Investment ranges from Item 7, fees from Item 5. Showing top 5 of 126 Fast Food franchises by location count.
SBA Loan History
Historical SBA 7(a) loan data for FIGARO'S AND NICK-N-WILLY'S franchisees (2010 – 2010)
Loans by Year
SBA 7(a) loan activity over time
* Data sourced from SBA 7(a) FOIA loan records. Default rate calculated from charged-off loans.
Franchisee Contacts
55 franchisee contacts on file from official FDD filings.
| Name | SBA Loan |
|---|---|
John Smith ABC Franchise LLC | $350,000 2023 · Active |
John Smith ABC Franchise LLC | $350,000 2023 · Active |
John Smith ABC Franchise LLC | $350,000 2023 · Active |
John Smith ABC Franchise LLC | $350,000 2023 · Active |
John Smith ABC Franchise LLC | $350,000 2023 · Active |
55 Contacts Available
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Due Diligence
Litigation (Item 3)
Bankruptcy (Item 4)
System Health (Item 20)
Franchise system changes reported in the most recent fiscal year
Frequently Asked Questions
According to the 2025 FDD, the average gross revenue for a FIGARO'S AND NICK-N-WILLY'S franchise is $517,653.84. The median revenue is $506,530.66.
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