Newk's vs Jet's Pizza Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Newk's vs Jet's Pizza including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees
  Newk's Jet's Pizza
Investment 971100 - 1207350 437500 - 631000
Franchise Fee
Royalty Fee 5% 8%-10%
Advertising Fee 1.50% Up to 1%
Year Founded 2004 1978
Year Franchised 2004 1990
Term Of Agreement
Term Of Agreement
Renewal Fee


Business Experience Requirements
  Newk's Jet's Pizza
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). General business experience Customer service & management skills

Financing Options
  Newk's Jet's Pizza
 
Franchise Fees No
Start-up Costs No
Equipment No
Inventory No
Receivables No
Payroll No

Training & Support
  Newk's Jet's Pizza
Training On-The-Job Training: 276 hours Classroom Training: 74 hours On-The-Job Training: 270 hours Classroom Training: 30 hours
Support Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform Newsletter Meetings/Conventions Grand Opening 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 Co-op Advertising Ad Templates Regional Advertising Social media SEO Website development Email marketing
Operations Number of Employees Required to Run: 50 International franchisees required to buy multiple units/master licenses; 0% of all franchisees own more than one unit Number of employees needed to run franchised unit: 15 Absentee ownership of franchise is NOT allowed. (99% of current franchisees are owner/operators)

Expansion Plans
  Newk's Jet's Pizza
US Expansion Nationwide, Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Guam, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming
Canada Expansion 0
International Expansion

Start-Up Costs and Fees Mobile
Investment
Newk's
Jet's Pizza
Franchise Fee
Newk's
Jet's Pizza
Royalty Fee
Newk's 5%
Jet's Pizza 8%-10%
Advertising Fee
Newk's 1.50%
Jet's Pizza Up to 1%
Year Founded
Newk's 2004
Jet's Pizza 1978
Year Franchised
Newk's 2004
Jet's Pizza 1990
Term Of Agreement
Newk's
Jet's Pizza 10 years
Renewal Fee
Newk's none
Jet's Pizza $2K


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).
Jet's Pizza General business experience Customer service & management skills

Financing Options
 
Franchise Fees
Newk's
Jet's Pizza
Start-up Costs
Newk's
Jet's Pizza
Equipment
Newk's}
Jet's Pizza
Inventory
Newk's
Jet's Pizza
Receivables
Newk's
Jet's Pizza
Payroll
Newk's
Jet's Pizza

Training & Support
Training
Newk's On-The-Job Training: 276 hours Classroom Training: 74 hours
Jet's Pizza On-The-Job Training: 270 hours Classroom Training: 30 hours
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
Jet's Pizza Newsletter Meetings/Conventions Grand Opening Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform
Marketing
Newk's Co-op Advertising Ad Templates Regional Advertising Social media SEO Email marketing Loyalty program/app
Jet's Pizza Co-op Advertising Ad Templates Regional Advertising Social media SEO Website development Email marketing
Operations
Newk's Number of Employees Required to Run: 50
Jet's Pizza International franchisees required to buy multiple units/master licenses; 0% of all franchisees own more than one unit Number of employees needed to run franchised unit: 15 Absentee ownership of franchise is NOT allowed. (99% of current franchisees are owner/operators)

Expansion Plans
US Expansion
Newk's
Jet's Pizza Nationwide, Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Guam, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming
Canada Expansion
Newk's
Jet's Pizza 0
International Expansion
Newk's
Jet's Pizza