Start-Up Costs and Fees |
||
| Fit for Life | Newk's | |
| Investment | 180000 - 999999 | 971100 - 1207350 |
| Franchise Fee | ||
| Royalty Fee | 7% | 5% |
| Advertising Fee | 0% | 1.50% |
| Year Founded | 0 | 2004 |
| Year Franchised | 0 | 2004 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Fit for Life | Newk's | |
| Experience | Newk's is looking for experienced franchise owners with a track record of success opening and running multiple unit foodservice operations. Qualified candidates will have a minimum of 3 years experience, and be financially and operationally capable of developing at least 3 -5 Newk's Express Cafe locations (we recommend that each franchise candidate/group have at least $600,000 in liquid assets, meaning cash, stocks, bonds or other easily liquid assets). | |
Financing Options |
||
| Fit for Life | Newk's | |
| Franchise Fees | ||
| Start-up Costs | ||
| Equipment | ||
| Inventory | ||
| Receivables | ||
| Payroll | ||
Training & Support |
||
| Fit for Life | Newk's | |
| Training | On-The-Job Training: 276 hours Classroom Training: 74 hours | |
| Support | At Fit for Life, we fully understand the needs of a Franchisee "Business Person" and further understand that change in the business environment is constant and indeed needed. Fit for Life Head Office personnel are available on an ongoing basis to aid and assist in all levels of management for the benefit of the Franchisee. | Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform |
| Marketing | Co-op Advertising Ad Templates Regional Advertising Social media SEO Email marketing Loyalty program/app | |
| Operations | Number of Employees Required to Run: 50 | |
Expansion Plans |
||
| Fit for Life | Newk's | |
| US Expansion | ||
| Canada Expansion | ||
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Fit for Life | |
| Newk's | |
| Franchise Fee | |
| Fit for Life | |
| Newk's | |
| Royalty Fee | |
| Fit for Life | 7% |
| Newk's | 5% |
| Advertising Fee | |
| Fit for Life | 0% |
| Newk's | 1.50% |
| Year Founded | |
| Fit for Life | 0 |
| Newk's | 2004 |
| Year Franchised | |
| Fit for Life | 0 |
| Newk's | 2004 |
| Term Of Agreement | |
| Fit for Life | |
| Newk's | |
| Renewal Fee | |
| Fit for Life | |
| Newk's | none |
Business Experience Requirements |
|
| Experience | |
| Fit for Life | |
| Newk's | Newk's is looking for experienced franchise owners with a track record of success opening and running multiple unit foodservice operations. Qualified candidates will have a minimum of 3 years experience, and be financially and operationally capable of developing at least 3 -5 Newk's Express Cafe locations (we recommend that each franchise candidate/group have at least $600,000 in liquid assets, meaning cash, stocks, bonds or other easily liquid assets). |
Financing Options |
|
| Franchise Fees | |
| Fit for Life | |
| Newk's | |
| Start-up Costs | |
| Fit for Life | |
| Newk's | |
| Equipment | |
| Fit for Life} | |
| Newk's | |
| Inventory | |
| Fit for Life | |
| Newk's | |
| Receivables | |
| Fit for Life | |
| Newk's | |
| Payroll | |
| Fit for Life | |
| Newk's | |
Training & Support |
|
| Training | |
| Fit for Life | |
| Newk's | On-The-Job Training: 276 hours Classroom Training: 74 hours |
| Support | |
| Fit for Life | At Fit for Life, we fully understand the needs of a Franchisee "Business Person" and further understand that change in the business environment is constant and indeed needed. Fit for Life Head Office personnel are available on an ongoing basis to aid and assist in all levels of management for the benefit of the Franchisee. |
| Newk's | Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform |
| Marketing | |
| Fit for Life | |
| Newk's | Co-op Advertising Ad Templates Regional Advertising Social media SEO Email marketing Loyalty program/app |
| Operations | |
| Fit for Life | |
| Newk's | Number of Employees Required to Run: 50 |
Expansion Plans |
|
| US Expansion | |
| Fit for Life | |
| Newk's | |
| Canada Expansion | |
| Fit for Life | |
| Newk's | |
| International Expansion | |
| Fit for Life | |
| Newk's | |