Is Lee's Sandwiches or Nick the Greek cheaper to open?

Lee's Sandwiches costs $209,830–$800,870 and Nick the Greek costs $414,750–$597,000 to open (FDD Item 7). Lee's Sandwiches has the lower entry cost.

Which is the better franchise, Lee's Sandwiches or Nick the Greek?

FranchiseVerdict grades Lee's Sandwiches B and Nick the Greek A, from FDD Items 5–7, 19–21 and SBA loan performance. See the full side-by-side above.

Lee's Sandwiches vs Nick the Greek

Franchise Comparison 2026

Both Lee's Sandwiches and Nick the Greek are quick-service restaurants franchises. Lee's Sandwiches requires an investment of $210K – $801K while Nick the Greek requires $415K – $597K. Nick the Greek discloses average revenue of $1.5M; Lee's Sandwiches makes no financial performance representation in its Item 19, which is voluntary under the FTC Franchise Rule. FranchiseVerdict rates Lee's Sandwiches B (Above average) and Nick the Greek A (Strongest tier).

Metric	Lee's Sandwiches	Nick the Greek
Verdict Grade	BAbove average	AStrongest tier
Investment Range	$210K – $801K	$415K – $597K
Franchise Fee	$50K	$35K
Royalty Rate	6.9%	6.0%
Average Revenue (Item 19)	N/ANo Item 19 representation	$1.5M
SBA Charge-Off Rate	Limited data	Limited data
Total Units	50	79
Unit Growth (YoY)	+0 units	+10 units
Year Began Franchising	2004	2018
FDD Year	2026	2025