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

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:

Cost

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

Units

+9.8%+10 UNITS (1 Year) +62.3%+43 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

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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: September 1st, 2017

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Newk's Eatery Sandwiches, salads, soups, pizzas, desserts