FREE Franchise Guide!
Franchise 500 Rank
N/R Not ranked last year
See the Full List
Initial investment
$932K - $1.1M
Units as of 2019
124 Increase 21.6% over 3 years

Company Overview

About Newk's Eatery

Industry Food
Related Categories Miscellaneous Quick-Service Restaurants, Miscellaneous Sandwiches
Founded 2004
Parent Company Newk's Eatery
Leadership Chris Newcomb, CEO
Corporate Address 2680 Crane Ridge Dr.
Jackson, MS 39216
Social Facebook, Twitter, Instagram

Business Overview

Franchising Since 2005 (19 years)
# of employees at HQ 54
Where seeking

This company is offering new franchises throughout the US.

# of Units 124 (as of 2019)

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.

Initial Franchise Fee Information Circle
$40,000
Initial Investment Information Circle
$932,000 - $1,131,000
Net Worth Requirement Information Circle
$3,000,000
Cash Requirement Information Circle
$1,500,000
Royalty Fee Information Circle
5%
Ad Royalty Fee Information Circle
1.5%
Term of Agreement Information Circle
10 years
Is franchise term renewable? Yes
Take Our Free Franchise Quiz!

Financing Options

Some franchisors offer in-house financing, while others have relationships with third-party financing sources to which they refer qualified franchisees.

Third Party Financing Newk's Eatery has relationships with third-party sources which offer financing to cover the following: franchise fee, startup costs, equipment, inventory, accounts receivable, payroll

Training & Support Offered

Franchisors offer initial training programs and a variety of ongoing support options to help franchisees run their businesses.

On-The-Job Training 276 hours
Classroom Training 74 hours
Ongoing Support
Purchasing Co-ops
Newsletter
Meetings & Conventions
Toll-Free Line
Grand Opening
Online Support
Security & Safety Procedures
Lease Negotiation
Field Operations
Site Selection
Proprietary Software
Franchisee Intranet Platform
Marketing Support
Co-op Advertising
Ad Templates
Regional Advertising
Social Media
SEO
Email Marketing
Loyalty Program/App

Operations

Additional details about running this franchise.

Is absentee ownership allowed? No
Can this franchise be run from home/mobile unit? Information Circle
No
Can this franchise be run part time? Information Circle
No
# of employees required to run 50
Are exclusive territories available? Information Circle
Yes
Take our quick quiz to find your ideal franchise

Franchise 500 Ranking History

Compare where Newk's Eatery landed on this year's Franchise 500 Ranking versus previous years.

Sign Up for Our Franchise Newsletter

Stay up to date on the latest news and trends affecting the franchise industry.

Related Franchises

Are you eager to see what else is out there? Browse franchises that are similar to Newk's Eatery.

Jamba

description
Smoothies, juices, and bowls

American Grilled Cheese Kitchen, The

description
Grilled cheese sandwiches, salads, soups, sides

McAlister's Deli

description
Sandwiches, salads, baked potatoes

Graze Craze

description
Charcuterie boards and boxes

Related Franchise Content

Catch up on the latest franchise news, trends, and more.

Franchise

20 Interesting Facts You Should Know About Chick-fil-A

The first-ever Chick-fil-A opened in 1967 in Atlanta's Greenbriar Mall. A chicken sandwich sold for 59 cents and the restaurant was only 384 square feet — roughly the size of a two-car garage.

Franchise

A D.C. Federal Court Declined to Rule on a Challenge to the Joint Employer Rule. Here's What This Update Means for the Franchise Industry.

The U.S. Court of Appeals for the D.C. Circuit has postponed hearing a case on the National Labor Relations Board's expanded Joint Employer Rule. The court will wait for a Texas federal court to rule first.

Franchise

Own a Franchise in the Billion-Dollar eSports Industry!

Learn how to get involved in the exciting and lucrative eSports community. XP League is the premier coach-led youth esports league and first-to-market youth esports franchise in North America with 50+ locations spanning across the US and Canada.

Franchise

Location Matters — How to Select the Right Place For Your Business to Succeed

An inferior location may be less expensive in the short term, but will cost more in marketing costs and when it's time to sell. Franchisors offer real estate knowledge and relationships to help their franchisees get the best possible location at the best possible price, giving them the best possible start.

Franchise

Put Your Design Skills to Work with a Decorating Den Interiors Franchise!

Discover the top benefits of owning a Decorating Den Interiors franchise, from extensive supplier access and supportive community to low overhead costs, perfect for creative entrepreneurs.

Franchise

This Franchise Type is the Perfect Blend of Flexibility and Profitability for Aspiring Entrepreneurs

Explore mobile franchising: a flexible, cost-effective business model offering diverse opportunities across industries with potential for high growth and direct customer engagement.

See more franchise content
Disclaimer
The information on this page is not intended as an endorsement or recommendation of any particular franchise or business opportunity by Entrepreneur Media. Our listings and rankings are solely research tools you can use to compare opportunities. Entrepreneur stresses that you should always conduct your own independent investigation before investing in a franchise or business opportunity. That should include reviewing the company's legal documents, consulting with an attorney and an accountant, and talking to former and current franchisees/licensees/dealers.
Updated: December 12th, 2022