Start-Up Costs and Fees |
||
| Newk's | NYC Bagel & Sandwich Shop | |
| Investment | 971100 - 1207350 | 119000 - 208000 |
| Franchise Fee | ||
| Royalty Fee | 5% | 5% |
| Advertising Fee | 1.50% | $300 - $600 |
| Year Founded | 2004 | 0 |
| Year Franchised | 2004 | 0 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Newk's | NYC Bagel & Sandwich Shop | |
| 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 | NYC Bagel & Sandwich Shop | |
| Franchise Fees | ||
| Start-up Costs | ||
| Equipment | ||
| Inventory | ||
| Receivables | ||
| Payroll | ||
Training & Support |
||
| Newk's | NYC Bagel & Sandwich Shop | |
| Training | On-The-Job Training: 276 hours Classroom Training: 74 hours | Full training from stocking your store, helping with employees and management to showing how to prepare every item on the menu |
| Support | Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform | NYC Bagel & Sandwich Shop has a 24/7 support system in place and does a full training from stocking your store, helping with employees and management to showing how to prepare every item on the menu, POS support and even stays during the opening period to be on-site for additional help/support. Corporate also follows back up with each location often to ensure food product is going out correctly and to assist with further questions in your location. The NYC Bagel Franchise also has an additional training program for all franchisees after opening their location to go over and refresh on any or all food product, recipes or formulas. |
| Marketing | Co-op Advertising Ad Templates Regional Advertising Social media SEO Email marketing Loyalty program/app | NYC Bagel & Sandwich Shop Corporate helps create all social media to help market and cater to certain areas as well as other online campaigns to help better each individual location. |
| Operations | Number of Employees Required to Run: 50 | |
Expansion Plans |
||
| Newk's | NYC Bagel & Sandwich Shop | |
| 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 | ||
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Newk's | |
| NYC Bagel & Sandwich Shop | |
| Franchise Fee | |
| Newk's | |
| NYC Bagel & Sandwich Shop | |
| Royalty Fee | |
| Newk's | 5% |
| NYC Bagel & Sandwich Shop | 5% |
| Advertising Fee | |
| Newk's | 1.50% |
| NYC Bagel & Sandwich Shop | $300 - $600 |
| Year Founded | |
| Newk's | 2004 |
| NYC Bagel & Sandwich Shop | 0 |
| Year Franchised | |
| Newk's | 2004 |
| NYC Bagel & Sandwich Shop | 0 |
| Term Of Agreement | |
| Newk's | |
| NYC Bagel & Sandwich Shop | |
| Renewal Fee | |
| Newk's | none |
| NYC Bagel & Sandwich Shop | |
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). |
| NYC Bagel & Sandwich Shop | |
Financing Options |
|
| Franchise Fees | |
| Newk's | |
| NYC Bagel & Sandwich Shop | |
| Start-up Costs | |
| Newk's | |
| NYC Bagel & Sandwich Shop | |
| Equipment | |
| Newk's} | |
| NYC Bagel & Sandwich Shop | |
| Inventory | |
| Newk's | |
| NYC Bagel & Sandwich Shop | |
| Receivables | |
| Newk's | |
| NYC Bagel & Sandwich Shop | |
| Payroll | |
| Newk's | |
| NYC Bagel & Sandwich Shop | |
Training & Support |
|
| Training | |
| Newk's | On-The-Job Training: 276 hours Classroom Training: 74 hours |
| NYC Bagel & Sandwich Shop | Full training from stocking your store, helping with employees and management to showing how to prepare every item on the menu |
| 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 |
| NYC Bagel & Sandwich Shop | NYC Bagel & Sandwich Shop has a 24/7 support system in place and does a full training from stocking your store, helping with employees and management to showing how to prepare every item on the menu, POS support and even stays during the opening period to be on-site for additional help/support. Corporate also follows back up with each location often to ensure food product is going out correctly and to assist with further questions in your location. The NYC Bagel Franchise also has an additional training program for all franchisees after opening their location to go over and refresh on any or all food product, recipes or formulas. |
| Marketing | |
| Newk's | Co-op Advertising Ad Templates Regional Advertising Social media SEO Email marketing Loyalty program/app |
| NYC Bagel & Sandwich Shop | NYC Bagel & Sandwich Shop Corporate helps create all social media to help market and cater to certain areas as well as other online campaigns to help better each individual location. |
| Operations | |
| Newk's | Number of Employees Required to Run: 50 |
| NYC Bagel & Sandwich Shop | |
Expansion Plans |
|
| US Expansion | |
| Newk's | |
| NYC Bagel & Sandwich Shop | 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 | |
| NYC Bagel & Sandwich Shop | |
| International Expansion | |
| Newk's | |
| NYC Bagel & Sandwich Shop | |