Start-Up Costs and Fees |
||
| City Bites | Newk's | |
| Investment | 186500 - 394500 | 971100 - 1207350 |
| Franchise Fee | ||
| Royalty Fee | 5% | 5% |
| Advertising Fee | 1% | 1.50% |
| Year Founded | 1986 | 2004 |
| Year Franchised | 2007 | 2004 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| City Bites | 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 |
||
| City Bites | Newk's | |
| Franchise Fees | ||
| Start-up Costs | ||
| Equipment | ||
| Inventory | ||
| Receivables | ||
| Payroll | ||
Training & Support |
||
| City Bites | Newk's | |
| Training | On-The-Job Training: 276 hours Classroom Training: 74 hours | |
| Support | C.B. Franchise Systems comprises a wealth of experienced restaurant professionals committed to your success. We provide franchisees a turn key solution beginning with a thorough management training program and opening and ongoing operational support. We provide proprietary products like our famous made from scratch cookies as well as marketing materials. We offer third party resources with experienced restaurant professionals in the following fields: real estate acquisition and negotiation services, information technology, and corporate services including payroll processing, insurance, benefits and accounting. Our efforts are focused to make your venture successful and profitable. We look forward to meeting you and beginning the journey of a rewarding and profitable partnership. | 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 |
||
| City Bites | Newk's | |
| US Expansion | ||
| Canada Expansion | ||
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| City Bites | |
| Newk's | |
| Franchise Fee | |
| City Bites | |
| Newk's | |
| Royalty Fee | |
| City Bites | 5% |
| Newk's | 5% |
| Advertising Fee | |
| City Bites | 1% |
| Newk's | 1.50% |
| Year Founded | |
| City Bites | 1986 |
| Newk's | 2004 |
| Year Franchised | |
| City Bites | 2007 |
| Newk's | 2004 |
| Term Of Agreement | |
| City Bites | 10 years |
| Newk's | |
| Renewal Fee | |
| City Bites | |
| Newk's | none |
Business Experience Requirements |
|
| Experience | |
| City Bites | |
| 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 | |
| City Bites | |
| Newk's | |
| Start-up Costs | |
| City Bites | |
| Newk's | |
| Equipment | |
| City Bites} | |
| Newk's | |
| Inventory | |
| City Bites | |
| Newk's | |
| Receivables | |
| City Bites | |
| Newk's | |
| Payroll | |
| City Bites | |
| Newk's | |
Training & Support |
|
| Training | |
| City Bites | |
| Newk's | On-The-Job Training: 276 hours Classroom Training: 74 hours |
| Support | |
| City Bites | C.B. Franchise Systems comprises a wealth of experienced restaurant professionals committed to your success. We provide franchisees a turn key solution beginning with a thorough management training program and opening and ongoing operational support. We provide proprietary products like our famous made from scratch cookies as well as marketing materials. We offer third party resources with experienced restaurant professionals in the following fields: real estate acquisition and negotiation services, information technology, and corporate services including payroll processing, insurance, benefits and accounting. Our efforts are focused to make your venture successful and profitable. We look forward to meeting you and beginning the journey of a rewarding and profitable partnership. |
| 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 | |
| City Bites | |
| Newk's | Co-op Advertising Ad Templates Regional Advertising Social media SEO Email marketing Loyalty program/app |
| Operations | |
| City Bites | |
| Newk's | Number of Employees Required to Run: 50 |
Expansion Plans |
|
| US Expansion | |
| City Bites | |
| Newk's | |
| Canada Expansion | |
| City Bites | |
| Newk's | |
| International Expansion | |
| City Bites | |
| Newk's | |