Start-Up Costs and Fees |
||
| Newk's | Tom and Chee | |
| Investment | 971100 - 1207350 | 302700 - 456000 |
| Franchise Fee | ||
| Royalty Fee | 5% | |
| Advertising Fee | 1.50% | |
| Year Founded | 2004 | 2012 |
| Year Franchised | 2004 | 2017 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Newk's | Tom and Chee | |
| 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 | Tom and Chee | |
| Franchise Fees | ||
| Start-up Costs | ||
| Equipment | ||
| Inventory | ||
| Receivables | ||
| Payroll | ||
Training & Support |
||
| Newk's | Tom and Chee | |
| 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 | |
| Operations | Number of Employees Required to Run: 50 | |
Expansion Plans |
||
| Newk's | Tom and Chee | |
| 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 | |
| Tom and Chee | |
| Franchise Fee | |
| Newk's | |
| Tom and Chee | |
| Royalty Fee | |
| Newk's | 5% |
| Tom and Chee | |
| Advertising Fee | |
| Newk's | 1.50% |
| Tom and Chee | |
| Year Founded | |
| Newk's | 2004 |
| Tom and Chee | 2012 |
| Year Franchised | |
| Newk's | 2004 |
| Tom and Chee | 2017 |
| Term Of Agreement | |
| Newk's | |
| Tom and Chee | |
| Renewal Fee | |
| Newk's | none |
| Tom and Chee | |
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). |
| Tom and Chee | |
Financing Options |
|
| Franchise Fees | |
| Newk's | |
| Tom and Chee | |
| Start-up Costs | |
| Newk's | |
| Tom and Chee | |
| Equipment | |
| Newk's} | |
| Tom and Chee | |
| Inventory | |
| Newk's | |
| Tom and Chee | |
| Receivables | |
| Newk's | |
| Tom and Chee | |
| Payroll | |
| Newk's | |
| Tom and Chee | |
Training & Support |
|
| Training | |
| Newk's | On-The-Job Training: 276 hours Classroom Training: 74 hours |
| Tom and Chee | |
| 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 |
| Tom and Chee | |
| Marketing | |
| Newk's | Co-op Advertising Ad Templates Regional Advertising Social media SEO Email marketing Loyalty program/app |
| Tom and Chee | |
| Operations | |
| Newk's | Number of Employees Required to Run: 50 |
| Tom and Chee | |
Expansion Plans |
|
| US Expansion | |
| Newk's | |
| Tom and Chee | 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 | |
| Tom and Chee | |
| International Expansion | |
| Newk's | |
| Tom and Chee | |