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
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:
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:
Related Franchises
Franchise Articles
A Good Accountant Is Key to a Good Franchise Operation. Here's How to Find One.
Three experts share tips for getting the most out of your CPA.
How This CEO Built a Fitness Empire of More Than 150 Locations
Eric Casburi, CEO of Retro Fitness, talks about turning one gym into over 150 fitness clubs across the United States.
How This Immigrant Entrepreneur Is Helping Others Achieve the American Dream
Patrice & Associates franchisee Mercedes Concepcion-Gray works to uplift the Latina community.
This Coworking-Space Franchise Is Winning Without the WeWork-style Perks
Office Evolution might not have kombucha on tap, but it has a nationwide community of entrepreneurs who are willing to lend a helping hand.
New Year, New Career: Becoming Your Own Boss in 2019
Kumon Franchisees share stories of drastic career changes-proving that it's never too late to follow your passion.
