Newk's Eatery
Sandwiches, salads, soups, pizzas, desserts
Newk's Eatery
Sandwiches, salads, soups, pizzas, desserts
About
Founded
2004
Franchising Since
2005 (13 Years)
Corporate Address
2680 Crane Ridge Dr.
Jackson, MS 39216
CEO
Chris Newcomb
Parent Company
Newk's Eatery
Financial Requirements
Initial Investment ⓘ
$932,000 - $1,131,000
Net-worth Requirement ⓘ
$3,000,000
Liquid Cash Requirement ⓘ
$1,500,000
Ongoing Fees
Initial Franchise Fee ⓘ
$40,000 - $40,000
Ongoing Royalty Fee
5%
Ad Royalty Fee
1.5%
Financing Options
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
Support Options
Ongoing Support
Purchasing Co-ops
Newsletter
Meetings/Conventions
Toll-Free Line
Grand Opening
Online Support
Security/Safety Procedures
Field Operations
Site Selection
Marketing Support
Co-op Advertising
Ad Templates
Regional Advertising
Social media
SEO
Website development
Email marketing
Loyalty program/app
On-The-Job Training:
250 hours
Classroom Training:
50 hours
Number of Employees Required to Run:
50
Cost
Initial Investment: Low - $932,000
High - $1,131,000
Units
+9.8%+10 UNITS (1 Year)
+62.3%+43 UNITS (3 Years)
Where Seeking Franchisees:
Franchisor is seeking new franchise units in the following regions/states:
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