Is Nick the Greek or Pizzawala’s cheaper to open?

Nick the Greek costs $414,750–$597,000 and Pizzawala’s costs $376,000–$637,000 to open (FDD Item 7). Pizzawala’s has the lower entry cost.

Which is the better franchise, Nick the Greek or Pizzawala’s?

FranchiseVerdict grades Nick the Greek A and Pizzawala’s C, from FDD Items 5–7, 19–21 and SBA loan performance. See the full side-by-side above.

Nick the Greek vs Pizzawala’s

Franchise Comparison 2026

Both Nick the Greek and Pizzawala’s are quick-service restaurants franchises. Nick the Greek requires an investment of $415K – $597K while Pizzawala’s requires $376K – $637K. Nick the Greek discloses average revenue of $1.5M; Pizzawala’s 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 Pizzawala’s C (Average).

Metric	Nick the Greek	Pizzawala’s
Verdict Grade	AStrongest tier	CAverage
Investment Range	$415K – $597K	$376K – $637K
Franchise Fee	$35K	$25K
Royalty Rate	6.0%	5.0%
Average Revenue (Item 19)	$1.5M	N/ANo Item 19 representation
SBA Charge-Off Rate	Limited data	N/A
Total Units	79	3
Unit Growth (YoY)	+10 units	+1 units
Year Began Franchising	2018	2020
FDD Year	2025	2025