Nick the Greek vs Urban Wok
Franchise Comparison 2026
Both Nick the Greek and Urban Wok are quick-service restaurants franchises. Nick the Greek requires an investment of $415K – $597K while Urban Wok requires $335K – $682K. Nick the Greek discloses average revenue of $1.5M; Urban Wok does not report Item 19 data. FranchiseVerdict rates Nick the Greek A (Strongest tier) and Urban Wok B (Above average).
| Metric | Nick the Greek | Urban Wok |
|---|---|---|
| Verdict Grade | AStrongest tierStrongest tier | BAbove averageAbove average |
| Investment Range | $415K – $597K | $335K – $682K |
| Franchise Fee | $35K | $40K |
| Royalty Rate | 6.0% | 7.0% |
| Average Revenue (Item 19) | $1.5M | N/ACompany-owned only · n=1 |
| SBA Charge-Off Rate | Limited data | Limited data |
| Total Units | 80 | 8 |
| Unit Growth (YoY) | N/A | N/A |
| Year Began Franchising | 2018 | 2021 |
| FDD Year | 2025 | 2024 |
Investment Range
$415K – $597K
$335K – $682K
Franchise Fee
$35K
$40K
Royalty Rate
6.0%
7.0%
Average Revenue (Item 19)
$1.5M
N/ACompany-owned only · n=1
SBA Charge-Off Rate
Limited data
Limited data
Total Units
80
8
Unit Growth (YoY)
N/A
N/A
Year Began Franchising
2018
2021
FDD Year
2025
2024