Start-Up Costs and Fees |
||
| Kwench Juice Cafe | Newk's | |
| Investment | 64900 - 154400 | 971100 - 1207350 |
| Franchise Fee | ||
| Royalty Fee | 5% | |
| Advertising Fee | 1.50% | |
| Year Founded | 2015 | 2004 |
| Year Franchised | 2015 | 2004 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Kwench Juice Cafe | Newk's | |
| Experience | Newk's is looking for experienced franchise owners with a track record of success opening and running multiple unit foodservice operations. Qualified candidates will have a minimum of 3 years experience, and be financially and operationally capable of developing at least 3 -5 Newk's Express Cafe locations (we recommend that each franchise candidate/group have at least $600,000 in liquid assets, meaning cash, stocks, bonds or other easily liquid assets). | |
Financing Options |
||
| Kwench Juice Cafe | Newk's | |
| Franchise Fees | ||
| Start-up Costs | ||
| Equipment | ||
| Inventory | ||
| Receivables | ||
| Payroll | ||
Training & Support |
||
| Kwench Juice Cafe | Newk's | |
| Training | On-The-Job Training: 276 hours Classroom Training: 74 hours | |
| Support | Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform | |
| Marketing | Co-op Advertising Ad Templates Regional Advertising Social media SEO Email marketing Loyalty program/app | |
| Operations | Number of Employees Required to Run: 50 | |
Expansion Plans |
||
| Kwench Juice Cafe | Newk's | |
| US Expansion | Nationwide, Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Guam, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming | |
| Canada Expansion | ||
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Kwench Juice Cafe | |
| Newk's | |
| Franchise Fee | |
| Kwench Juice Cafe | |
| Newk's | |
| Royalty Fee | |
| Kwench Juice Cafe | |
| Newk's | 5% |
| Advertising Fee | |
| Kwench Juice Cafe | |
| Newk's | 1.50% |
| Year Founded | |
| Kwench Juice Cafe | 2015 |
| Newk's | 2004 |
| Year Franchised | |
| Kwench Juice Cafe | 2015 |
| Newk's | 2004 |
| Term Of Agreement | |
| Kwench Juice Cafe | |
| Newk's | |
| Renewal Fee | |
| Kwench Juice Cafe | |
| Newk's | none |
Business Experience Requirements |
|
| Experience | |
| Kwench Juice Cafe | |
| Newk's | Newk's is looking for experienced franchise owners with a track record of success opening and running multiple unit foodservice operations. Qualified candidates will have a minimum of 3 years experience, and be financially and operationally capable of developing at least 3 -5 Newk's Express Cafe locations (we recommend that each franchise candidate/group have at least $600,000 in liquid assets, meaning cash, stocks, bonds or other easily liquid assets). |
Financing Options |
|
| Franchise Fees | |
| Kwench Juice Cafe | |
| Newk's | |
| Start-up Costs | |
| Kwench Juice Cafe | |
| Newk's | |
| Equipment | |
| Kwench Juice Cafe} | |
| Newk's | |
| Inventory | |
| Kwench Juice Cafe | |
| Newk's | |
| Receivables | |
| Kwench Juice Cafe | |
| Newk's | |
| Payroll | |
| Kwench Juice Cafe | |
| Newk's | |
Training & Support |
|
| Training | |
| Kwench Juice Cafe | |
| Newk's | On-The-Job Training: 276 hours Classroom Training: 74 hours |
| Support | |
| Kwench Juice Cafe | |
| Newk's | Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform |
| Marketing | |
| Kwench Juice Cafe | |
| Newk's | Co-op Advertising Ad Templates Regional Advertising Social media SEO Email marketing Loyalty program/app |
| Operations | |
| Kwench Juice Cafe | |
| Newk's | Number of Employees Required to Run: 50 |
Expansion Plans |
|
| US Expansion | |
| Kwench Juice Cafe | Nationwide, Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Guam, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming |
| Newk's | |
| Canada Expansion | |
| Kwench Juice Cafe | |
| Newk's | |
| International Expansion | |
| Kwench Juice Cafe | |
| Newk's | |