Newk's Franchise

Cafe

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Experienced restaurateurs know that the only constant in our industry is change. Newk's has a flexible menu designed for timeless appeal with three primary components - sandwiches, salads and pizzas. These were chosen to provide maximum adaptability to changing costs, tastes and regional preferences. Newk's is also a flexible concept adaptable to many venues. * Pad or commercial sites * Strip and lifestyle centers * Urban/downtown locations * Conversions of existing restaurants * Enclosed mall/food court locations * University or office locations * Airport, train station or other non-traditional locations The Newk's Express Cafe franchise program is designed for growth; it's designed to provide you and your organization with the guidance, the training and the tools to implement our innovative concept, and to refine and grow for many years to come. The Newk's Express Cafe strategy is to provide each customer with many ways to enjoy Newk's, and help franchise owners maximize the benefit of each customer relationship. The Newk's Concept offers: * Dine-in * Takeout * On-site catering * Retail sales * Corporate sales programs Get Growing - with Newk's Express Cafe If you are looking for a solid business opportunity designed for growth, consider the advantages of the Newk's Express Cafe franchise opportunity:* A concept validated by industry trends * Limited menu with unlimited appeal * A streamlined, efficient operational system * Flexible menu, adaptable to change in trends and tastes * Flexible store design/location options * Long-term, multi-unit franchise focus * An experienced, respected management team * Strong training and marketing programs * The ongoing support of a dedicated franchise companyThe total investment necessary to begin operation of a Newk's Restaurant franchise is $971,100 to $1,207,350. This includes a $40,000 initial franchise fee that must be paid to the franchisor. The franchisor may offer to enter into an area development agreement to establish and operate a certain number of Newk's Restaurants at specific locations pursuant to individual franchise agreements. The area development fee, which will vary depending upon the number of franchised restaurants to be developed, will be equal to the total of $40,000 for the first Newk's Restaurant plus $20,000 for each additional Newk's Restaurant to be developed. The area development fee will be applied to the initial franchise fees for each applicable Newk's Restaurant.

ABC INC

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$129.55 USD
+0.25 (+0.20%)
$129.55
$129.55


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Please Note: The operators of Newk's, may not have verified the accuracy of the Franchise information contained within this website. For accurate up-to-date information, investors are strongly recommended to visit the official Newk's website.

How much does it cost to open a Newk's Franchise ?

The investment required to open a Newk's Franchise is between $971,100 - $1,207,350 . There is an initial franchise fee of $40,000 which grants you the license to run a business under the Newk's name.

Individual Franchise Costs

  • Initial Investment:
    $971,100 -
  • Initial Franchise Fee:
    $40,000
  • Royalty Fee:
    5%
  • Advertising Fee:
    1.50%
  • Renewal Fee:
    none

Expense In-House Third Party
Franchise Fee N/A Yes
Startup Costs N/A Yes
Equipment N/A Yes
Inventory N/A Yes
Accounts Receivable N/A Yes
Payroll N/A Yes

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

Newk's Growth History

When did the first Newk's open? 2004
When did Newk's start Franchising ? 2004

Year U.S.A. Canada International Corporate
2012 38 0 0 7

Number of Employees Required to Run: 50

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).


How much does a Newk's Franchise owner make?

How much money you could make as a Newk's Franchise owner depends on a wide variety of factors. As a business owner, your primary goals are to strive for high sales while keeping your oper_ating costs as low as possible while still maintaining quality products and service. The monthly oper_ating costs that you will incur as a Newk's Franchise owner may include royalty fees, rent or mortgage, staffing, products, supplies, utilities, administrative costs and other things. Although your monthly oper_ating costs may vary from month to month, your start up costs are typically fixed and they will cover the majority of your initial oper_ating equipment, signage, and renovations.

Initial Investment
$40,000 - $1,207,350
Initial Franchise Fee
$40,000
Royalty Fee
5%
Advertising Fee
1.50%
Renewal Fee
none
Newk's Franchise Opportunity viewed times by investors.
 

Legal Disclaimer: This information is not a franchise offering for Newk's and should not be construed as such. The Franchise Mall makes every effort to maintain accurate franchise data but does not guarantee nor assume liability for incorrect data. We recomend that anyone seriously interested in pursuing an Newk's franchise opportunity, review that franchise's Franchise Disclosure Document (FDD) with an attorney and accountant.