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FranchiseVerdict

Nick the Greek vs Lee's Sandwiches

Franchise Comparison 2026

Both Nick the Greek and Lee's Sandwiches are quick-service restaurants franchises. Nick the Greek requires an investment of $415K – $597K while Lee's Sandwiches requires $210K – $801K. 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 Nick the Greek A (Strongest tier) and Lee's Sandwiches B (Above average).

Investment Range
$415K – $597K
$210K – $801K
Franchise Fee
$35K
$50K
Royalty Rate
6.0%
6.9%
Average Revenue (Item 19)
$1.5M
N/ANo Item 19 representation
SBA Charge-Off Rate
Limited data
Limited data
Total Units
79
50
Unit Growth (YoY)
+10 units
+0 units
Year Began Franchising
2018
2004
FDD Year
2025
2026