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.
Disclaimer: This information was extracted using AI from public Franchise Disclosure Documents and should be independently verified. This is not financial or legal advice. Always review official FDD filings before making investment decisions.
Overview
Financial Requirements
6% royalty + 3% branding fee + insurance est. $500-$8,000/yr ($42-$667/mo)
Franchise Stats
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 to Other Fast Food Franchises
| Franchise | Investment Range | Franchise Fee | Royalty | Locations |
|---|---|---|---|---|
FIGARO'S AND NICK-N-WILLY'S Current | N/A | $39K | 6.0% | 36 |
| Burger King | $2.1M - $4.7M | $50K | 4.5% | 19,732 |
| 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 |
Fast Food Average 127 franchises | $605K - $1.5M | $35K | 6.1% | - |
* Comparison based on latest FDD filings. Investment ranges from Item 7, fees from Item 5. Showing top 5 of 127 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
* Data sourced from SBA 7(a) FOIA loan records. Default rate calculated from charged-off loans.
Franchisee Contacts
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Due Diligence
Litigation (Item 3)
No litigation involving franchisees reported in the FDD.
Bankruptcy (Item 4)
System Health (Item 20)
Franchise system changes reported in the most recent fiscal year
Frequently Asked Questions
How much revenue does a FIGARO'S AND NICK-N-WILLY'S franchise make?
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.
How many FIGARO'S AND NICK-N-WILLY'S franchise locations are there?
As of the 2025 FDD, FIGARO'S AND NICK-N-WILLY'S has 36 franchise locations.
Can you get an SBA loan for a FIGARO'S AND NICK-N-WILLY'S franchise?
Yes, SBA loans are available for FIGARO'S AND NICK-N-WILLY'S franchises. Historical data shows 1 SBA 7(a) loans have been approved for FIGARO'S AND NICK-N-WILLY'S franchisees, with an average loan amount of $200,000. The historical default rate is 0.0%.
Is FIGARO'S AND NICK-N-WILLY'S a good franchise to buy?
FIGARO'S AND NICK-N-WILLY'S shows several positive indicators: transparent financial performance data (Item 19), low SBA loan default rate. However, franchise success depends on many factors including location, local market conditions, and owner involvement. We recommend speaking with existing franchisees and consulting with a franchise attorney before making a decision.
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