Start-Up Costs and Fees |
||
| Newk's | Dagwoods | |
| Investment | 971100 - 1207350 | 200000 - 250000 |
| Franchise Fee | ||
| Royalty Fee | 5% | 6% |
| Advertising Fee | 1.50% | 3% |
| Year Founded | 2004 | 0 |
| Year Franchised | 2004 | 0 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Newk's | Dagwoods | |
| 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 |
||
| Newk's | Dagwoods | |
| Franchise Fees | ||
| Start-up Costs | ||
| Equipment | ||
| Inventory | ||
| Receivables | ||
| Payroll | ||
Training & Support |
||
| Newk's | Dagwoods | |
| Training | On-The-Job Training: 276 hours Classroom Training: 74 hours | Hands-on in-store training at one of our locations. You will learn all aspects of management, product preparation, quality and service. Once you are ready to open your store, you will be assigned a Dagwoods trainer to ensure that you and your staff are ready to give the best possible service to your valuable customers. You will receive ongoing visits and on-site consultations and reviews. You will work at a Dagwoods location in Montreal for at least six weeks. During this time, you will learn all aspects of management, product preparation and quality, and service. Once you are ready to open your store, you will be assigned a Dagwoods trainer to ensure that you and your staff are ready to give the best possible service to your valuable customers. You will receive ongoing visits and on-site consultations and reviews. You will attend informative franchisee meetings as well as slicer, safety and service clinics, which are held every six months. Training for you and your staff is of utmost importance for Dagwoods. The key to our success is our great sandwiches, the consistency that we have maintained over the years and our fast and friendly service. |
| Support | 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 |
||
| Newk's | Dagwoods | |
| US Expansion | ||
| Canada Expansion | ||
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Newk's | |
| Dagwoods | |
| Franchise Fee | |
| Newk's | |
| Dagwoods | |
| Royalty Fee | |
| Newk's | 5% |
| Dagwoods | 6% |
| Advertising Fee | |
| Newk's | 1.50% |
| Dagwoods | 3% |
| Year Founded | |
| Newk's | 2004 |
| Dagwoods | 0 |
| Year Franchised | |
| Newk's | 2004 |
| Dagwoods | 0 |
| Term Of Agreement | |
| Newk's | |
| Dagwoods | |
| Renewal Fee | |
| Newk's | none |
| Dagwoods | |
Business Experience Requirements |
|
| 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). |
| Dagwoods | |
Financing Options |
|
| Franchise Fees | |
| Newk's | |
| Dagwoods | |
| Start-up Costs | |
| Newk's | |
| Dagwoods | |
| Equipment | |
| Newk's} | |
| Dagwoods | |
| Inventory | |
| Newk's | |
| Dagwoods | |
| Receivables | |
| Newk's | |
| Dagwoods | |
| Payroll | |
| Newk's | |
| Dagwoods | |
Training & Support |
|
| Training | |
| Newk's | On-The-Job Training: 276 hours Classroom Training: 74 hours |
| Dagwoods | Hands-on in-store training at one of our locations. You will learn all aspects of management, product preparation, quality and service. Once you are ready to open your store, you will be assigned a Dagwoods trainer to ensure that you and your staff are ready to give the best possible service to your valuable customers. You will receive ongoing visits and on-site consultations and reviews. You will work at a Dagwoods location in Montreal for at least six weeks. During this time, you will learn all aspects of management, product preparation and quality, and service. Once you are ready to open your store, you will be assigned a Dagwoods trainer to ensure that you and your staff are ready to give the best possible service to your valuable customers. You will receive ongoing visits and on-site consultations and reviews. You will attend informative franchisee meetings as well as slicer, safety and service clinics, which are held every six months. Training for you and your staff is of utmost importance for Dagwoods. The key to our success is our great sandwiches, the consistency that we have maintained over the years and our fast and friendly service. |
| Support | |
| Newk's | Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform |
| Dagwoods | |
| Marketing | |
| Newk's | Co-op Advertising Ad Templates Regional Advertising Social media SEO Email marketing Loyalty program/app |
| Dagwoods | |
| Operations | |
| Newk's | Number of Employees Required to Run: 50 |
| Dagwoods | |
Expansion Plans |
|
| US Expansion | |
| Newk's | |
| Dagwoods | |
| Canada Expansion | |
| Newk's | |
| Dagwoods | |
| International Expansion | |
| Newk's | |
| Dagwoods | |