Newk's Eatery

Sandwiches, salads, soups, pizzas, desserts

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About

Founded

2004

Franchising Since

2005 (14 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

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

Newsletter

Meetings/Conventions

Toll-Free Line

Grand Opening

Online Support

Security/Safety Procedures

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

On-The-Job Training:

276 hours

Classroom Training:

74 hours

Number of Employees Required to Run:

Newk's Eatery is ranked #486 in the Franchise 500!

Cost

Initial Investment: Low - $932,000 High - $1,131,000

Units

+6.3%+7 UNITS (1 Year) +46.9%+38 UNITS (3 Years)

Units (Locations)

Where Seeking Franchisees:

Franchisor is seeking new franchise units in the following regions/states:

Franchise Financing

Using 401(K)/IRA Funds

Tax Penalty-Free
Debt Free
Expert Guidance

Learn More

Related Franchises

Totally Nutz

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Disclaimer

The Franchise 500 is not intended to endorse, advertise, or recommend any particular franchise. It is solely a research tool you can use to compare franchise operations. Entrepreneur stresses that you should always conduct your own independent investigation before investing money in a franchise.

Updated: October 16th, 2018

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