How much does a Newk's Eatery franchise cost?
- Initial Franchise Fee: $40,000
- Total Investment: $932,000 to $1,131,000
- Working Capital: $32,500 to $40,000
- Royalty Fee: 5.0%
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How much does a Newks franchise cost?
Newk's Eatery has a franchise fee of up to $40,000, with a total initial investment range of $932,000 to $1,131,000. The initial cost of a franchise includes several fees -- Unlock this franchise to better understand the costs such as training and territory fees.
Who is the owner of Newks?
Newk's Holding Company, LLCNewk's Eatery / Parent organization
What is Newks short for?
Just a few years after selling that very successful concept they developed a new one called Newk's Express Café. They derived the name because 'Newk' is short for Newcomb, Express because they wanted to be fast, and Café “because it tells the mind that this is a place where I can come and relax”.
Is Newk's a chain?
Newk's was named among the "Top 10 Best Franchises" in QSR Magazine and among Technomic's "Top 150 Fast-Casual Chains."
How many locations does Newk's have?
Newk's EateryTypePrivateIndustryRestaurantsFounded2004 in Oxford, MississippiHeadquartersJackson, Mississippi, United StatesNumber of locations100+6 more rows
Was Newks sold?
The parent to the 67-unit fast-casual Newk's Eatery chain has been acquired by private-equity firm Sentinel Capital Partners, officials said Tuesday. Newk's Holding Company LLC was sold by its founders, which include Chris Newcomb and his father Don Newcomb, along with family friend Debra Bryson.
Where did Newks eatery start?
Oxford, MSNewk's Eatery / Place foundedOxford is a city and college town in the U.S. state of Mississippi. Oxford lies 75 miles south-southeast of Memphis, Tennessee, and is the county seat of Lafayette County. Founded in 1837, it was named after the British city of Oxford. Wikipedia
Who started Mcalister's Deli?
Don NewcombMcAlister's Deli / Founder
Where was Mcalister's founded?
1989, Oxford, MSMcAlister's Deli / Founded
Where did Newks eatery start?
Oxford, MSNewk's Eatery / Place foundedOxford is a city and college town in the U.S. state of Mississippi. Oxford lies 75 miles south-southeast of Memphis, Tennessee, and is the county seat of Lafayette County. Founded in 1837, it was named after the British city of Oxford. Wikipedia
Who started Mcalister's Deli?
Don NewcombMcAlister's Deli / Founder
Where was Mcalister's founded?
1989, Oxford, MSMcAlister's Deli / Founded
How much does a Newk's Eatery franchise make?
Franchise revenue depends on a wide range of factors, as does profit. How much money you can make from any franchise depends on a number of specific factors such as franchise location, labor costs, commercial lease rates and a number of other factors. Unlock this franchise for franchise-specific data and insight.
What is Newk's Eatery?
Newk's Eatery is a fast casual franchise that offers freshly made soups, salads, sandwiches and pizzas. Catering is offered at its locations for office lunches, family reunions, tailgate or birthday parties.
How many franchise locations do they have?
As of the 2019 Franchise Disclosure Document, there are 102 franchised Newk's Eatery locations in the USA.
When did they begin franchising?
They began franchising in 2005. The average Bar and Grill franchise began franchising in 2009.
What is Newk's food?
Newk's Eatery features open kitchens where freshly tossed salads, hand-crafted pizzas and hot toasted sandwiches are created so guests can see all the goodness that goes inside. It all starts with impeccable ingredients, even if they come from the other side of the globe: Ammerlander Swiss cheese, petite tenderloin steak and sushi-grade ahi tuna. Newk's also owns its own bakery, making its signature Dozen-Layer Cakes truly an original.
What is Newk's Eatery?
Newk's Eatery features open kitchens where freshly tossed salads, hand-crafted pizzas and hot toasted sandwiches are created so guests can see all the goodness that goes inside.
Information for Franchisees
Here’s what you need to know if you’re interested in opening a Newk's Eatery franchise.
Financial Requirements & Ongoing Fees
Here’s what you can expect to spend to start the business and what ongoing fees the franchisor charges throughout the life of the business.
Financing Options
Some franchisors offer in-house financing, while others have relationships with third-party financing sources to which they refer qualified franchisees.
Training & Support Offered
Franchisors offer initial training programs and a variety of ongoing support options to help franchisees run their businesses.
Franchise 500 Ranking History
Compare where Newk's Eatery landed on this year’s Franchise 500 Ranking versus previous years.
