Start-Up Costs and Fees |
||
| Newk's | Good Earth Coffeehouse and Bakery | |
| Investment | 971100 - 1207350 | 385000 - 595000 |
| Franchise Fee | ||
| Royalty Fee | 5% | 7% |
| Advertising Fee | 1.50% | 2% |
| Year Founded | 2004 | 1991 |
| Year Franchised | 2004 | 2005 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Newk's | Good Earth Coffeehouse and Bakery | |
| 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 | Good Earth Coffeehouse and Bakery | |
| Franchise Fees | ||
| Start-up Costs | ||
| Equipment | ||
| Inventory | ||
| Receivables | ||
| Payroll | ||
Training & Support |
||
| Newk's | Good Earth Coffeehouse and Bakery | |
| Training | On-The-Job Training: 276 hours Classroom Training: 74 hours | Our Training Program equips you with the skills and knowledge you need to operate your Good Earth Coffeehouse. Training is held at Good Earth’s corporate offices and a training store, both in Calgary, Alberta. The cost of our Training Program is included in the franchise fee, although you will have personal expenses including transportation, meals, and accommodations while training. All Good Earth Franchise Partners are required to attend and successfully complete the training program. |
| 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 | * Ongoing use of Good Earth Cafes Ltd. Trademarks and Operating System * National Marketing Program * Local Marketing Guidance * Corporate Communication Programs |
| Operations | Number of Employees Required to Run: 50 | |
Expansion Plans |
||
| Newk's | Good Earth Coffeehouse and Bakery | |
| US Expansion | ||
| Canada Expansion | 0 | |
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Newk's | |
| Good Earth Coffeehouse and Bakery | |
| Franchise Fee | |
| Newk's | |
| Good Earth Coffeehouse and Bakery | |
| Royalty Fee | |
| Newk's | 5% |
| Good Earth Coffeehouse and Bakery | 7% |
| Advertising Fee | |
| Newk's | 1.50% |
| Good Earth Coffeehouse and Bakery | 2% |
| Year Founded | |
| Newk's | 2004 |
| Good Earth Coffeehouse and Bakery | 1991 |
| Year Franchised | |
| Newk's | 2004 |
| Good Earth Coffeehouse and Bakery | 2005 |
| Term Of Agreement | |
| Newk's | |
| Good Earth Coffeehouse and Bakery | |
| Renewal Fee | |
| Newk's | none |
| Good Earth Coffeehouse and Bakery | |
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). |
| Good Earth Coffeehouse and Bakery | |
Financing Options |
|
| Franchise Fees | |
| Newk's | |
| Good Earth Coffeehouse and Bakery | |
| Start-up Costs | |
| Newk's | |
| Good Earth Coffeehouse and Bakery | |
| Equipment | |
| Newk's} | |
| Good Earth Coffeehouse and Bakery | |
| Inventory | |
| Newk's | |
| Good Earth Coffeehouse and Bakery | |
| Receivables | |
| Newk's | |
| Good Earth Coffeehouse and Bakery | |
| Payroll | |
| Newk's | |
| Good Earth Coffeehouse and Bakery | |
Training & Support |
|
| Training | |
| Newk's | On-The-Job Training: 276 hours Classroom Training: 74 hours |
| Good Earth Coffeehouse and Bakery | Our Training Program equips you with the skills and knowledge you need to operate your Good Earth Coffeehouse. Training is held at Good Earth’s corporate offices and a training store, both in Calgary, Alberta. The cost of our Training Program is included in the franchise fee, although you will have personal expenses including transportation, meals, and accommodations while training. All Good Earth Franchise Partners are required to attend and successfully complete the training program. |
| 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 |
| Good Earth Coffeehouse and Bakery | |
| Marketing | |
| Newk's | Co-op Advertising Ad Templates Regional Advertising Social media SEO Email marketing Loyalty program/app |
| Good Earth Coffeehouse and Bakery | * Ongoing use of Good Earth Cafes Ltd. Trademarks and Operating System * National Marketing Program * Local Marketing Guidance * Corporate Communication Programs |
| Operations | |
| Newk's | Number of Employees Required to Run: 50 |
| Good Earth Coffeehouse and Bakery | |
Expansion Plans |
|
| US Expansion | |
| Newk's | |
| Good Earth Coffeehouse and Bakery | |
| Canada Expansion | |
| Newk's | |
| Good Earth Coffeehouse and Bakery | 0 |
| International Expansion | |
| Newk's | |
| Good Earth Coffeehouse and Bakery | |