Jet's Pizza vs Newk's Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Jet's Pizza vs Newk's including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees
  Jet's Pizza Newk's
Investment 437500 - 631000 971100 - 1207350
Franchise Fee
Royalty Fee 8%-10% 5%
Advertising Fee Up to 1% 1.50%
Year Founded 1978 2004
Year Franchised 1990 2004
Term Of Agreement
Term Of Agreement
Renewal Fee


Business Experience Requirements
  Jet's Pizza Newk's
Experience General business experience Customer service & management skills 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
  Jet's Pizza Newk's
 
Franchise Fees No
Start-up Costs No
Equipment No
Inventory No
Receivables No
Payroll No

Training & Support
  Jet's Pizza Newk's
Training On-The-Job Training: 270 hours Classroom Training: 30 hours On-The-Job Training: 276 hours Classroom Training: 74 hours
Support Newsletter Meetings/Conventions Grand Opening Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform 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 Website development Email marketing Co-op Advertising Ad Templates Regional Advertising Social media SEO Email marketing Loyalty program/app
Operations International franchisees required to buy multiple units/master licenses; 0% of all franchisees own more than one unit Number of employees needed to run franchised unit: 15 Absentee ownership of franchise is NOT allowed. (99% of current franchisees are owner/operators) Number of Employees Required to Run: 50

Expansion Plans
  Jet's Pizza 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 0
International Expansion

Start-Up Costs and Fees Mobile
Investment
Jet's Pizza
Newk's
Franchise Fee
Jet's Pizza
Newk's
Royalty Fee
Jet's Pizza 8%-10%
Newk's 5%
Advertising Fee
Jet's Pizza Up to 1%
Newk's 1.50%
Year Founded
Jet's Pizza 1978
Newk's 2004
Year Franchised
Jet's Pizza 1990
Newk's 2004
Term Of Agreement
Jet's Pizza 10 years
Newk's
Renewal Fee
Jet's Pizza $2K
Newk's none


Business Experience Requirements
Experience
Jet's Pizza General business experience Customer service & management skills
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
Jet's Pizza No
Newk's No
Start-up Costs
Jet's Pizza
Newk's
Equipment
Jet's Pizza}
Newk's
Inventory
Jet's Pizza
Newk's
Receivables
Jet's Pizza
Newk's
Payroll
Jet's Pizza
Newk's

Training & Support
Training
Jet's Pizza On-The-Job Training: 270 hours Classroom Training: 30 hours
Newk's On-The-Job Training: 276 hours Classroom Training: 74 hours
Support
Jet's Pizza Newsletter Meetings/Conventions Grand Opening Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform
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
Jet's Pizza Co-op Advertising Ad Templates Regional Advertising Social media SEO Website development Email marketing
Newk's Co-op Advertising Ad Templates Regional Advertising Social media SEO Email marketing Loyalty program/app
Operations
Jet's Pizza International franchisees required to buy multiple units/master licenses; 0% of all franchisees own more than one unit Number of employees needed to run franchised unit: 15 Absentee ownership of franchise is NOT allowed. (99% of current franchisees are owner/operators)
Newk's Number of Employees Required to Run: 50

Expansion Plans
US Expansion
Jet's Pizza 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
Jet's Pizza 0
Newk's
International Expansion
Jet's Pizza
Newk's