Start-Up Costs and Fees |
||
| Frullati Cafe & Bakery | Newk's | |
| Investment | 145900 - 446000 | 971100 - 1207350 |
| Franchise Fee | 0 | |
| Royalty Fee | 6% | 5% |
| Advertising Fee | 1.50% | |
| Year Founded | 1985 | 2004 |
| Year Franchised | 1994 | 2004 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Frullati Cafe & Bakery | Newk's | |
| Experience | Industry experience General business 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 |
||
| Frullati Cafe & Bakery | Newk's | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Frullati Cafe & Bakery | Newk's | |
| Training | On-The-Job Training: 276 hours Classroom Training: 74 hours | |
| Support | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives | Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform |
| Marketing | Building sales takes effort on many different levels - from running your business with monitored food costs, to strong operations, to local store marketing, to most importantly ensuring that you give every customer a reason to return. The Frullati Cafe Marketing Team will assist you by creating national marketing initiatives and advertising that are key to building sales. Increasing sales takes diligent effort in all areas of your business. Co-op advertising, Ad slicks, Regional advertising | Co-op Advertising Ad Templates Regional Advertising Social media SEO Email marketing Loyalty program/app |
| Operations | Franchisees required to buy multiple units/master licenses; 35% of all franchisees own more than one unit Number of employees needed to run franchised unit: 6 Absentee ownership of franchise is allowed. (98% of current franchisees are owner/operators) | Number of Employees Required to Run: 50 |
Expansion Plans |
||
| Frullati Cafe & Bakery | Newk's | |
| US Expansion | ||
| Canada Expansion | ||
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Frullati Cafe & Bakery | |
| Newk's | |
| Franchise Fee | |
| Frullati Cafe & Bakery | |
| Newk's | |
| Royalty Fee | |
| Frullati Cafe & Bakery | 6% |
| Newk's | 5% |
| Advertising Fee | |
| Frullati Cafe & Bakery | |
| Newk's | 1.50% |
| Year Founded | |
| Frullati Cafe & Bakery | 1985 |
| Newk's | 2004 |
| Year Franchised | |
| Frullati Cafe & Bakery | 1994 |
| Newk's | 2004 |
| Term Of Agreement | |
| Frullati Cafe & Bakery | 10 years |
| Newk's | |
| Renewal Fee | |
| Frullati Cafe & Bakery | 75% of then-current fee |
| Newk's | none |
Business Experience Requirements |
|
| Experience | |
| Frullati Cafe & Bakery | Industry experience General business experience |
| 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 | |
| Frullati Cafe & Bakery | No |
| Newk's | No |
| Start-up Costs | |
| Frullati Cafe & Bakery | |
| Newk's | |
| Equipment | |
| Frullati Cafe & Bakery} | |
| Newk's | |
| Inventory | |
| Frullati Cafe & Bakery | |
| Newk's | |
| Receivables | |
| Frullati Cafe & Bakery | |
| Newk's | |
| Payroll | |
| Frullati Cafe & Bakery | |
| Newk's | |
Training & Support |
|
| Training | |
| Frullati Cafe & Bakery | |
| Newk's | On-The-Job Training: 276 hours Classroom Training: 74 hours |
| Support | |
| Frullati Cafe & Bakery | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives |
| 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 | |
| Frullati Cafe & Bakery | Building sales takes effort on many different levels - from running your business with monitored food costs, to strong operations, to local store marketing, to most importantly ensuring that you give every customer a reason to return. The Frullati Cafe Marketing Team will assist you by creating national marketing initiatives and advertising that are key to building sales. Increasing sales takes diligent effort in all areas of your business. Co-op advertising, Ad slicks, Regional advertising |
| Newk's | Co-op Advertising Ad Templates Regional Advertising Social media SEO Email marketing Loyalty program/app |
| Operations | |
| Frullati Cafe & Bakery | Franchisees required to buy multiple units/master licenses; 35% of all franchisees own more than one unit Number of employees needed to run franchised unit: 6 Absentee ownership of franchise is allowed. (98% of current franchisees are owner/operators) |
| Newk's | Number of Employees Required to Run: 50 |
Expansion Plans |
|
| US Expansion | |
| Frullati Cafe & Bakery | |
| Newk's | |
| Canada Expansion | |
| Frullati Cafe & Bakery | |
| Newk's | |
| International Expansion | |
| Frullati Cafe & Bakery | |
| Newk's | |