Newk's Eatery Franchise Review

Franchise Facts

Newk's Eatery is a fast casual franchise that offers freshly made soups, salads, sandwiches and pizzas. Catering is offered at its locations for office lunches, family reunions, tailgate or birthday parties.

How much does a Newk's Eatery franchise cost?

Newk's Eatery has a franchise fee of up to $40,000, with a total initial investment range of $932,000 to $1,131,000.

  • Initial Franchise Fee: $40,000
  • Total Investment: $932,000 to $1,131,000
  • Working Capital: $32,500 to $40,000
  • Royalty Fee: 5%

The initial cost of a franchise includes several fees -- Unlock this franchise to better understand the costs such as training and territory fees.

How much does a Newk's Eatery franchise make?

Franchise revenue depends on a wide range of factors, as does profit. How much money you can make from any franchise depends on a number of specific factors such as franchise location, labor costs, commercial lease rates and a number of other factors. Unlock this franchise for franchise-specific data and insight.

How many franchise locations do they have?

As of the 2019 Franchise Disclosure Document, there are 102 franchised Newk's Eatery locations in the USA.

Are there any Newk's Eatery franchise opportunities near me?

Based on 2019 FDD data, Newk's Eatery has franchise locations in 15 states. The largest region is the South with 97 franchise locations.

AL
AR
CO
FL
GA
IN
KY
LA
MD
MO
MS
NC
SC
TN
TX


This franchise is expanding into new markets and might be available near you. One of our franchise experts will have detailed knowledge about this brand. Unlock to learn more and connect with our experts.

Last Reviewed: 2019

Newk's Eatery is a Franchise Grade Made The Grade™ franchise, which means it's ranked highly by our analysts!

Newk's Eatery Franchise Stats

Total Investment

$932,000 - $1,131,000
Franchise Fee

$40,000
Franchise Agreement
Initial Term
10 Years
Renewal Term
5 Years
Franchisee Outlet Growth
2011
38
2018
102
Ongoing Fees
Royalty
5.0%
Ad Fees
1.5%
# of Franchised Outlets

45

Additional Questions

Do they provide any initial training and opening assistance?

Yes, they have an initial training program of 350 hours. This includes 74 hours of classroom training and 276 hours of on-the-job training. In their FDD they outline who’s in charge of the training. Unlock to find out more.

Online 0
On-the-Job 276
Classroom 74
Total 350

Do they offer Territory Rights?

Newk's Eatery does NOT offer exclusive territories.

Do they have computer and technology support in place?

Yes. Newk's Eatery offers comprehensive support for franchisees. Unlock this franchise to find out more details.

When did they begin franchising?

They began franchising in 2005. The average Bar and Grill franchise began franchising in 2007.

Do they offer financing support?

No, but you can click here to fill out our affordability calculator and understand your financing options.
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Our Franchise Analysts have prepared detailed notes about Newk's Eatery, covering topics such as system growth, closures and turnover, financial transparency, initial and renewal terms, and royalties. Access is free, instant, and unlimited!

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  • What are the historical franchisee revenues?
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  • Do they provide Minority Discounts?
  • Do they use public figures to promote their franchise?
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  • How many new outlets have they sold in the last 5 years?
  • How many franchised outlets have closed in the last 5 years?
  • How many franchised outlets have terminated in the last 5 years?
  • Do they operate any company or affiliate outlets?
  • How long is their initial term length?
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  • Are you required to work in the outlet or is this a passive investment opportunity?
  • Do they provide discounts for buying more than one franchise?