Start-Up Costs and Fees |
||
| Mr. Jims Pizza | Newk's | |
| Investment | 70000 - 100000 | 971100 - 1207350 |
| Franchise Fee | ||
| Royalty Fee | 6% | 5% |
| Advertising Fee | 4% | 1.50% |
| Year Founded | 1975 | 2004 |
| Year Franchised | 1981 | 2004 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Mr. Jims Pizza | 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 |
||
| Mr. Jims Pizza | Newk's | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Mr. Jims Pizza | 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 |
||
| Mr. Jims Pizza | Newk's | |
| US Expansion | Alaska, Alabama, Arkansas, Arizona, California, Colorado, Connecticut, Delaware, Georgia, Hawaii, Iowa, Idaho, Illinois, Indiana, Kansas, Kentucky, Louisiana, Massachusetts, Maryland, Maine, Minnesota, Missouri, Mississippi, Montana, Nebraska, North Carolina, North Dakota, New Hampshire, New Jersey, New Mexico, Nevada, New York, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Virginia, Vermont, Washington, Wisconsin, West Virginia, Wyoming, | |
| Canada Expansion | 0 | |
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Mr. Jims Pizza | |
| Newk's | |
| Franchise Fee | |
| Mr. Jims Pizza | |
| Newk's | |
| Royalty Fee | |
| Mr. Jims Pizza | 6% |
| Newk's | 5% |
| Advertising Fee | |
| Mr. Jims Pizza | 4% |
| Newk's | 1.50% |
| Year Founded | |
| Mr. Jims Pizza | 1975 |
| Newk's | 2004 |
| Year Franchised | |
| Mr. Jims Pizza | 1981 |
| Newk's | 2004 |
| Term Of Agreement | |
| Mr. Jims Pizza | |
| Newk's | |
| Renewal Fee | |
| Mr. Jims Pizza | |
| Newk's | none |
Business Experience Requirements |
|
| Experience | |
| Mr. Jims Pizza | |
| 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 | |
| Mr. Jims Pizza | No |
| Newk's | No |
| Start-up Costs | |
| Mr. Jims Pizza | |
| Newk's | |
| Equipment | |
| Mr. Jims Pizza} | |
| Newk's | |
| Inventory | |
| Mr. Jims Pizza | |
| Newk's | |
| Receivables | |
| Mr. Jims Pizza | |
| Newk's | |
| Payroll | |
| Mr. Jims Pizza | |
| Newk's | |
Training & Support |
|
| Training | |
| Mr. Jims Pizza | |
| Newk's | On-The-Job Training: 276 hours Classroom Training: 74 hours |
| Support | |
| Mr. Jims Pizza | |
| 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 | |
| Mr. Jims Pizza | |
| Newk's | Co-op Advertising Ad Templates Regional Advertising Social media SEO Email marketing Loyalty program/app |
| Operations | |
| Mr. Jims Pizza | |
| Newk's | Number of Employees Required to Run: 50 |
Expansion Plans |
|
| US Expansion | |
| Mr. Jims Pizza | Alaska, Alabama, Arkansas, Arizona, California, Colorado, Connecticut, Delaware, Georgia, Hawaii, Iowa, Idaho, Illinois, Indiana, Kansas, Kentucky, Louisiana, Massachusetts, Maryland, Maine, Minnesota, Missouri, Mississippi, Montana, Nebraska, North Carolina, North Dakota, New Hampshire, New Jersey, New Mexico, Nevada, New York, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Virginia, Vermont, Washington, Wisconsin, West Virginia, Wyoming, |
| Newk's | |
| Canada Expansion | |
| Mr. Jims Pizza | 0 |
| Newk's | |
| International Expansion | |
| Mr. Jims Pizza | |
| Newk's | |