Start-Up Costs and Fees |
||
| Newk's | Submarina | |
| Investment | 971100 - 1207350 | 161818 - 334118 |
| Franchise Fee | ||
| Royalty Fee | 5% | |
| Advertising Fee | 1.50% | |
| Year Founded | 2004 | 0 |
| Year Franchised | 2004 | 0 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Newk's | Submarina | |
| 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 | Submarina | |
| Franchise Fees | ||
| Start-up Costs | ||
| Equipment | ||
| Inventory | ||
| Receivables | ||
| Payroll | ||
Training & Support |
||
| Newk's | Submarina | |
| Training | On-The-Job Training: 276 hours Classroom Training: 74 hours | |
| 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 | Professionally designed advertising materials are provided to franchisees. Various types of print advertisements and in-store displays enhance the image and exposure of your restaurant. You will learn the most cost-effective ways of bringing in new customers and how to keep them coming back. We will help you implement a comprehensive Grand Opening promotional plan to start your restaurant in the right direction. Marketing allowances, or rebates, which manufacturers pay to Submarina are contributed to the Marketing and Promotional Fund and used for further promotion of all Submarina restaurants. |
| Operations | Number of Employees Required to Run: 50 | |
Expansion Plans |
||
| Newk's | Submarina | |
| US Expansion | ||
| Canada Expansion | 0 | |
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Newk's | |
| Submarina | |
| Franchise Fee | |
| Newk's | |
| Submarina | |
| Royalty Fee | |
| Newk's | 5% |
| Submarina | |
| Advertising Fee | |
| Newk's | 1.50% |
| Submarina | |
| Year Founded | |
| Newk's | 2004 |
| Submarina | 0 |
| Year Franchised | |
| Newk's | 2004 |
| Submarina | 0 |
| Term Of Agreement | |
| Newk's | |
| Submarina | |
| Renewal Fee | |
| Newk's | none |
| Submarina | |
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). |
| Submarina | |
Financing Options |
|
| Franchise Fees | |
| Newk's | |
| Submarina | |
| Start-up Costs | |
| Newk's | |
| Submarina | |
| Equipment | |
| Newk's} | |
| Submarina | |
| Inventory | |
| Newk's | |
| Submarina | |
| Receivables | |
| Newk's | |
| Submarina | |
| Payroll | |
| Newk's | |
| Submarina | |
Training & Support |
|
| Training | |
| Newk's | On-The-Job Training: 276 hours Classroom Training: 74 hours |
| Submarina | |
| 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 |
| Submarina | |
| Marketing | |
| Newk's | Co-op Advertising Ad Templates Regional Advertising Social media SEO Email marketing Loyalty program/app |
| Submarina | Professionally designed advertising materials are provided to franchisees. Various types of print advertisements and in-store displays enhance the image and exposure of your restaurant. You will learn the most cost-effective ways of bringing in new customers and how to keep them coming back. We will help you implement a comprehensive Grand Opening promotional plan to start your restaurant in the right direction. Marketing allowances, or rebates, which manufacturers pay to Submarina are contributed to the Marketing and Promotional Fund and used for further promotion of all Submarina restaurants. |
| Operations | |
| Newk's | Number of Employees Required to Run: 50 |
| Submarina | |
Expansion Plans |
|
| US Expansion | |
| Newk's | |
| Submarina | |
| Canada Expansion | |
| Newk's | |
| Submarina | 0 |
| International Expansion | |
| Newk's | |
| Submarina | |