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- Founded in 2004
- Franchising Since 2005
- 68 US Franchises
- $1,087,000 - $1,414,350 Investment Range
- $2,395,505 Average Gross Revenue
- 5% Royalty Fee
- $40,000 Franchise Fee
Use the Pre-qualification tool to see how much funding you could qualify for and see if you can affor a Newk's Eatery franchise.
Get pre-qualified for financingTake our Fit Score survey to see if Newk's Eatery is a good match for you.
Newk's Eatery is a fast-casual restaurant concept that has been redefining fresh, flavorful dining since 2004. With a commitment to scratch-made quality and a 'from-scratch' kitchen philosophy that prohibits microwaves and fryers, Newk's stands out in the competitive fast-casual segment. Their diverse menu features made-to-order salads, artisan pizzas, toasted sandwiches, and kettle-batch soups, all crafted with premium ingredients and unique flavor combinations.
What sets Newk's apart is their innovative Roundtable – a complimentary condiment bar featuring premium add-ons like house-roasted garlic, capers, and imported grated cheeses, allowing guests to customize their dining experience. The restaurant's open-kitchen concept demonstrates their commitment to transparency and food quality, while their efficient service model caters to both dine-in and takeout customers.
Newk's has cultivated a loyal following through their attention to detail, generous portions, and consistent quality across locations. Their modern, clean aesthetic and versatile dining spaces accommodate various occasions, from quick business lunches to casual family dinners. The brand also demonstrates social responsibility through initiatives like their Newk's Cares program, supporting causes such as ovarian cancer awareness.
With locations across the Southeast and expanding into new markets, Newk's combines the quality of casual dining with the convenience of fast-casual service. Their commitment to hospitality, fresh ingredients, and made-from-scratch preparations has established them as a standout choice in the restaurant industry, earning praise from both customers and industry experts alike.
How much does it cost to start a franchise with Newk's Eatery?
- Franchise Fee
- $40,000
- Investment Range
- $1,087,000 - $1,414,350
- Investment Midpoint
- $1,250,675
- Minimum Cash Required
- $1,087,000
- Royalty Fees
- 5%
- Brand Fund
- 1.75%
The reported gross revenue of $2,395,505 substantially exceeds the sub-sector average of $608,302, indicating strong unit-level performance that may justify the premium investment threshold. The fast-casual dining segment benefits from consumer trends toward higher-quality ingredients and customizable menu options, though faces headwinds from labor costs and delivery platform competition.
Established in 2004 with 97 units, Newk's demonstrates mature operational systems and proven scalability. The moderate unit count suggests selective growth focused on market penetration rather than rapid expansion, potentially offering better territory protection for franchisees.
Ideal investors should possess substantial liquid capital and restaurant industry experience given the operational complexity. The premium investment level targets sophisticated operators capable of managing full-service restaurant operations including food preparation, staff management, and customer service delivery. Multi-unit development opportunities may exist for qualified investors seeking portfolio growth. Prospective franchisees should thoroughly review the FDD and conduct comprehensive due diligence before proceeding.
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See the Revenue Potential!
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Financing Details
Franzy connects you with top-tier financing partners to help secure the funds to invest in a franchise like Newk's Eatery. Whether you're looking for a loan or exploring other financial products, our partners provide expert guidance to ensure you obtain the necessary capital. They specialize in offering solutions tailored to the needs of franchisees, making the process of securing financing smooth and straightforward.
Why Financing with Franzy Partners?
Choosing to finance through Franzy's partners ensures you get the best terms and support for your franchise investment. Our partners have extensive experience in the franchising industry and offer specialized financial solutions tailored to your needs. With competitive interest rates and flexible repayment options, you can find the right financing plan that fits your budget and goals. Our partners are committed to providing personalized guidance throughout the financing process, making it easier for you to secure the necessary funds and confidently move forward with your franchise venture.
Finance Partners
The franchise's clustering strategy in the Southeast provides operational efficiencies and strong brand recognition, while leaving significant room for expansion in both existing and adjacent markets. Successful locations typically operate in suburban areas with strong daytime population, proximity to business districts, and median household incomes above $65,000. The brand performs particularly well in college towns and areas with health-conscious, middle-income demographics.
Key expansion opportunities exist in untapped Southeast and Mid-Atlantic markets, particularly in states bordering current operations. Ideal new locations should target areas with similar demographics to existing successful markets: suburban communities with strong lunch traffic, professional workforce presence, and complementary retail mix. However, prospective franchisees should note increased competition in the fast-casual segment and consider local market saturation when selecting specific sites.
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Track Growth to Gauge Success!
See how this franchise is expanding over time. The net unit growth reveals the health and popularity of the brand—key indicators for a promising investment.
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Executive Team
Get to know the leadership behind Newk's Eatery. Learn about the experience and expertise of the executive team guiding Newk's Eatery's success. For more details, refer to Item 2 of the Franchise Disclosure Document (FDD).
Litigation
Review any legal actions or pending litigation involving Newk's Eatery. Understanding the legal history helps assess potential risks and the brand's business practices. For more details, refer to Item 3 of the Franchise Disclosure Document (FDD).
Bankruptcy
Review Newk's Eatery's bankruptcy history and any filings by key personnel or affiliates. This critical information provides transparency about the brand's financial stability and management. For more details, refer to Item 4 of the Franchise Disclosure Document (FDD).
Franchisor Assistance
Learn about Newk's Eatery's comprehensive support system for franchisees, including initial training programs and continuous operational assistance. Understanding the available resources and support structure is crucial for franchise success. For more details, refer to Item 11 of the Franchise Disclosure Document (FDD).
The information provided on this page is based on the latest Franchise Disclosure Document (FDD) that is publicly available and that we have on record, which was issued in 2024. This information is for informational purposes only and is not intended to constitute legal, financial, or business advice. We make no guarantees or claims regarding the completeness or accuracy. For the most current and detailed information, we recommend consulting the franchisor directly for the most recent FDD and regarding any questions that you may have about the information provided.
- Founded in 2004
- Franchising Since 2005
- 68 US Franchises
- $1,087,000 - $1,414,350 Investment Range
- $2,395,505 Average Gross Revenue
- 5% Royalty Fee
- $40,000 Franchise Fee
Use the Pre-qualification tool to see how much funding you could qualify for and see if you can affor a Newk's Eatery franchise.
Get pre-qualified for financingTake our Fit Score survey to see if Newk's Eatery is a good match for you.
