Newk's vs Original SoupMan, The Franchise Comparison

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

Start-Up Costs and Fees
  Newk's Original SoupMan, The
Investment 971100 - 1207350 79500 - 198500
Franchise Fee
Royalty Fee 5% 5%
Advertising Fee 1.50%
Year Founded 2004 1984
Year Franchised 2004 2005
Term Of Agreement
Term Of Agreement
Renewal Fee


Business Experience Requirements
  Newk's Original SoupMan, The
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
  Newk's Original SoupMan, The
 
Franchise Fees No
Start-up Costs No
Equipment No
Inventory No
Receivables No
Payroll No

Training & Support
  Newk's Original SoupMan, The
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
  Newk's Original SoupMan, The
US Expansion
Canada Expansion 0
International Expansion

Start-Up Costs and Fees Mobile
Investment
Newk's
Original SoupMan, The
Franchise Fee
Newk's
Original SoupMan, The
Royalty Fee
Newk's 5%
Original SoupMan, The 5%
Advertising Fee
Newk's 1.50%
Original SoupMan, The
Year Founded
Newk's 2004
Original SoupMan, The 1984
Year Franchised
Newk's 2004
Original SoupMan, The 2005
Term Of Agreement
Newk's
Original SoupMan, The
Renewal Fee
Newk's none
Original SoupMan, The


Business Experience Requirements
Experience
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).
Original SoupMan, The

Financing Options
 
Franchise Fees
Newk's
Original SoupMan, The
Start-up Costs
Newk's
Original SoupMan, The
Equipment
Newk's}
Original SoupMan, The
Inventory
Newk's
Original SoupMan, The
Receivables
Newk's
Original SoupMan, The
Payroll
Newk's
Original SoupMan, The

Training & Support
Training
Newk's On-The-Job Training: 276 hours Classroom Training: 74 hours
Original SoupMan, The
Support
Newk's Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform
Original SoupMan, The
Marketing
Newk's Co-op Advertising Ad Templates Regional Advertising Social media SEO Email marketing Loyalty program/app
Original SoupMan, The
Operations
Newk's Number of Employees Required to Run: 50
Original SoupMan, The

Expansion Plans
US Expansion
Newk's
Original SoupMan, The
Canada Expansion
Newk's
Original SoupMan, The 0
International Expansion
Newk's
Original SoupMan, The