Start-Up Costs and Fees |
||
| Salad Creations Inc. | Newk's | |
| Investment | 200000 - 225000 | 971100 - 1207350 |
| Franchise Fee | ||
| Royalty Fee | 6% | 5% |
| Advertising Fee | 1.50% | |
| Year Founded | 2002 | 2004 |
| Year Franchised | 2004 | 2004 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Salad Creations Inc. | 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 |
||
| Salad Creations Inc. | Newk's | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Salad Creations Inc. | Newk's | |
| Training | On-The-Job Training: 276 hours Classroom Training: 74 hours | |
| Support | The Salad Creations marketing team maintains a full calendar of promotions and local store marketing support to maximize new guest traffic, encourage dining frequency and increase average check. Franchisee marketing support begins with a standard grand opening package design to provide a strong initial impact in each new franchisee's market and deliver incentive for guest trial. Throughout the year, franchisees are provided with turn-key corporate promotions that support brand initiatives as well as seasonal and holiday opportunities. Franchisees also receive year-round marketing support through such foundational programs as the frequent dinner card, customer e-mail communications and persuasive in-store displays. Throughout the year, franchisees also participate in ready-made local store marketing programs tailored for their particular guest demographic or specific neighborhood profile. Salad Creations utilizes a company-wide communication intranet system that enables efficient communication throughout the organization. We provide up-to-date information that is easily accessible at your fingertips. The Salad Creations Team is committed to maintaining personal relationships with each franchisee, area developer, employee and vendor associated with Salad Creations. | Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform |
| Marketing | Salad Creations is dedicated to providing franchisees with the tools they need to prosper in their local markets. The Salad Creations marketing team also aggressively promotes the brand on a nationwide level to increase awareness of the concept and fuel growth of the chain. | 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 |
||
| Salad Creations Inc. | Newk's | |
| US Expansion | ||
| Canada Expansion | 0 | |
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Salad Creations Inc. | |
| Newk's | |
| Franchise Fee | |
| Salad Creations Inc. | |
| Newk's | |
| Royalty Fee | |
| Salad Creations Inc. | 6% |
| Newk's | 5% |
| Advertising Fee | |
| Salad Creations Inc. | |
| Newk's | 1.50% |
| Year Founded | |
| Salad Creations Inc. | 2002 |
| Newk's | 2004 |
| Year Franchised | |
| Salad Creations Inc. | 2004 |
| Newk's | 2004 |
| Term Of Agreement | |
| Salad Creations Inc. | 10 years |
| Newk's | |
| Renewal Fee | |
| Salad Creations Inc. | $5,000 |
| Newk's | none |
Business Experience Requirements |
|
| Experience | |
| Salad Creations Inc. | |
| 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 | |
| Salad Creations Inc. | No |
| Newk's | No |
| Start-up Costs | |
| Salad Creations Inc. | |
| Newk's | |
| Equipment | |
| Salad Creations Inc.} | |
| Newk's | |
| Inventory | |
| Salad Creations Inc. | |
| Newk's | |
| Receivables | |
| Salad Creations Inc. | |
| Newk's | |
| Payroll | |
| Salad Creations Inc. | |
| Newk's | |
Training & Support |
|
| Training | |
| Salad Creations Inc. | |
| Newk's | On-The-Job Training: 276 hours Classroom Training: 74 hours |
| Support | |
| Salad Creations Inc. | The Salad Creations marketing team maintains a full calendar of promotions and local store marketing support to maximize new guest traffic, encourage dining frequency and increase average check. Franchisee marketing support begins with a standard grand opening package design to provide a strong initial impact in each new franchisee's market and deliver incentive for guest trial. Throughout the year, franchisees are provided with turn-key corporate promotions that support brand initiatives as well as seasonal and holiday opportunities. Franchisees also receive year-round marketing support through such foundational programs as the frequent dinner card, customer e-mail communications and persuasive in-store displays. Throughout the year, franchisees also participate in ready-made local store marketing programs tailored for their particular guest demographic or specific neighborhood profile. Salad Creations utilizes a company-wide communication intranet system that enables efficient communication throughout the organization. We provide up-to-date information that is easily accessible at your fingertips. The Salad Creations Team is committed to maintaining personal relationships with each franchisee, area developer, employee and vendor associated with Salad Creations. |
| 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 | |
| Salad Creations Inc. | Salad Creations is dedicated to providing franchisees with the tools they need to prosper in their local markets. The Salad Creations marketing team also aggressively promotes the brand on a nationwide level to increase awareness of the concept and fuel growth of the chain. |
| Newk's | Co-op Advertising Ad Templates Regional Advertising Social media SEO Email marketing Loyalty program/app |
| Operations | |
| Salad Creations Inc. | |
| Newk's | Number of Employees Required to Run: 50 |
Expansion Plans |
|
| US Expansion | |
| Salad Creations Inc. | |
| Newk's | |
| Canada Expansion | |
| Salad Creations Inc. | 0 |
| Newk's | |
| International Expansion | |
| Salad Creations Inc. | |
| Newk's | |