Newk's Eatery is the stylish fast food restaurants with open kitchens that serve sandwiches, salads, soups, and desserts. Newk’s was founded in 2004 by Don Newcomb, Debra Bryson and Chris Newcomb, the team that founded McAlister’s Deli. They also provides franchise opportunities. As of 2018, the company operates 97 franchises in the United States.
Newk's Eatery has the franchise fee of up to $40,000, with total initial investment range of $932,000 to $1,131,000.
Initial investments: $932,000 - $1,131,000
Net-worth Requirement: $3,000,000
Liquid Cash Requirement: $1,500,000
Initial Franchise Fee: $40,000
Ongoing Royalty Fee: 5%
Ad Royalty Fee: 1.5%
On-The-Job Training: 276 hours
Classroom Training: 74 hours
Number of Employees Required to Run: 50
Newk's Eatery Franchise Info: https://newks.com/franchise/
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