Newk's Express Cafe
At a Glance
Products & Services: Sandwiches, salads, soups, pizzas, desserts
Number of Locations: 43
Total Investment: $752K - 1.05M
Founded: 2004
Began Franchising: 2005
Franchise Units
| Year | U.S. | Canadian | International | Company Owned |
| 2011 | 36 | 0 | 0 | 7 |
| 2010 | 25 | 0 | 0 | 5 |
| 2009 | 21 | 0 | 0 | 5 |
Where Seeking Franchisees: Franchisor is seeking new franchise units throughout the U.S.
Startup Costs, Ongoing Fees and Financing
Total Investment: $752,000 - $1,054,000
Franchise Fee: $40,000
Ongoing Royalty Fee: 5%
Term of Franchise Agreement: 10 years, renewable
Franchise Fee: $40,000
Ongoing Royalty Fee: 5%
Term of Franchise Agreement: 10 years, renewable
Financial Requirements
Net Worth: $1,000,000
Liquid Cash Available: $600,000
Operations
90% of all franchisees own more than one unit. Number of employees needed to run franchised unit: 50. Absentee ownership of franchise is NOT allowed. (70% of current franchisees are owner/operators).How This Franchise Supports Franchisees
Training: Available at headquarters: 6 weeks. At franchisee's location: 2 weeks.
Ongoing Support: Newsletter, Meetings, Grand opening, Internet, Security/safety procedures, Field operations/evaluations
Marketing Support: Ad slicks, Regional advertising,
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