How Much Does a Figaro’s Italian Pizza / Nick-N-Willy’s Franchise Cost?
Data from the 2026 Franchise Disclosure Document
Investment Summary
Total Investment
$87K – $549K
Franchise Fee
$39K
Royalty
the greater of 6% of Gross Receipts or $150 per week
Ad Fund
3.0%
Cost Breakdown
Initial Franchise Fee
The initial franchise fee for Figaro’s Italian Pizza / Nick-N-Willy’s is $39K. This one-time payment covers the right to operate under the brand, access to proprietary systems, and initial training programs.
Total Investment Range
Opening a Figaro’s Italian Pizza / Nick-N-Willy’s franchise requires a total investment of $87K – $549K. This range typically includes real estate or leasehold improvements, equipment and fixtures, initial inventory, signage, insurance, and working capital to sustain operations during the ramp-up period.
Working capital alone ranges from $15K to $50K.
Ongoing Costs
Beyond the initial investment, Figaro’s Italian Pizza / Nick-N-Willy’s franchisees pay ongoing fees. The royalty structure is: the greater of 6% of Gross Receipts or $150 per week. The advertising or brand fund contribution is 3.0% of gross sales.
Net Worth & Liquid Capital Requirements
Figaro’s Italian Pizza / Nick-N-Willy’s requires working capital of $15K – $50K to cover initial operating expenses. This is the liquid cash you should have available beyond the franchise fee and buildout costs.
What Can You Earn?
Figaro’s Italian Pizza / Nick-N-Willy’s does not disclose earnings data in Item 19 of its Franchise Disclosure Document. Not all franchisors choose to publish financial performance representations, though this is a data point many prospective franchisees consider important.
How Do Banks View Figaro’s Italian Pizza / Nick-N-Willy’s?
SBA Loans Issued
169
Default Rate
0.0%
The SBA (Small Business Administration) tracks loan performance for franchise brands. Figaro’s Italian Pizza / Nick-N-Willy’s has 169 SBA-backed loans on record. The default rate is 0.0%, which is below the franchise industry average, indicating relatively lower lending risk. A lower default rate generally indicates that lenders view the franchise as a safer investment, though past performance does not guarantee future results.
Next Steps
Talk to current Figaro’s Italian Pizza / Nick-N-Willy’s franchise owners
Get verified franchisee phone numbers for due diligence
See full Figaro’s Italian Pizza / Nick-N-Willy’s research
Risk analysis, unit growth, contract terms, and more
Compare Figaro’s Italian Pizza / Nick-N-Willy’s to similar franchises
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