Erbert & Gerbert's Subs & Clubs vs Newk's Franchise Comparison

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

Start-Up Costs and Fees

 
Erbert & Gerbert's Subs & Clubs Franchise
Newk's Franchise
Investment $191,014 - $397,535$971,100 - $1,207,350
Franchise Fee $30,000$40,000
Royalty Fee 6%5%
Advertising Fee 2%1.5%
Year Founded 19872004
Year Franchised 19922004
Term Of Agreement 10 years-
Term Of Agreement 10 years-
Renewal Fee -none


Business Experience Requirements

 
Erbert & Gerbert's Subs & Clubs Franchise
Newk's Franchise
Experience

Attitude determines your altitude in life and in Franchising as well.

You need a willingness to work hard, some business acumen and you have to enjoy working with people.

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

 
Erbert & Gerbert's Subs & Clubs Franchise
Newk's Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees No/Yes-/Yes
Start-up Costs No/Yes-/Yes
Equipment No/Yes-/Yes
Inventory No/Yes-/Yes
Receivables No/No-/Yes
Payroll No/No-/Yes

Training & Support

 
Erbert & Gerbert's Subs & Clubs Franchise
Newk's Franchise
Training

We provide training to cover every aspect of your shop. This includes food prep, guest service, staff relations, business management - basically everything you need to open an E&G. On-The-Job Training: 112 hours Classroom Training: 35 hours Additional Training: At corporate restaurant

On-The-Job Training: 276 hours Classroom Training: 74 hours
Support Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support 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 National Media Regional Advertising Social media Email marketing Loyalty program/app Co-op Advertising Ad Templates Regional Advertising Social media SEO Email marketing Loyalty program/app
Operations

Number of employees needed to run franchised unit: 20-30

Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators)

Number of Employees Required to Run: 50

Expansion Plans

 
Erbert & Gerbert's Subs & Clubs Franchise
Newk's Franchise
US Expansion Yes-
Canada Expansion No-
International Expansion No-

Company Overviews

About Erbert & Gerbert's Subs & Clubs

Erbert & Gerbert's Sandwich Shop is a quick service restaurant serving up the best sandwiches on the planet. In a complicated and fast-paced world, our operation is simple, proven, efficient and easily trainable. We are a franchise you can be proud to operate. Our uniquely flavorful sandwiches are unequaled in quality, freshness and consistency. Our unique and engaging brand is growing strong and seeking ambitious, talented and committed individuals experienced in business or restaurant management who are ready to develop their future with a proven and established system.

 What's Special About Erbert & Gerbert's?     
-Unique Story Line with Core Values Relevant for today's fast casual sandwich sector customers
-Best in Class Food with bold flavors differentiating our products
-Best Practices Operations with simple, easy to train methods
-Delivery & Catering Systems trained and reinforced in Operations
-Unparalleled Product Development keeping us at the forefront of menu innovation
-Preferred Lender Network for your financing
-Year after Year of Positive Same Store Sales Growth
-High Gross Revenue to capitalized cost ratio

-Unit economics showing industry leading EBITDA

The total investment necessary to begin operation of an Erbert & Gerbert's in a Traditional Location is from $194,820 to $393,270. This includes $32,500 to $35,000 that must be paid to the franchisor or its affiliates.
The total investment necessary to begin operation of an Erbert & Gerbert's Restaurant in a Non-Traditional Location is from $38,500 to $196,750. This includes $6,250 to $10,750 that must be paid to the franchisor or affiliate.
If you sign an Area Development Agreement, you will pay the franchisor a nonrefundable Territory Fee of $10,000 times the number of restaurants you agree to develop. The franchisor will apply the $10,000 payment against future Initial Franchise Fees for your Erbert & Gerbert's Restaurants that you develop under the Area Development Agreement.

Seeking new franchise units in Iowa, Illinois, Indiana, Michigan, Minnesota, North Dakota, South Dakota and Wisconsin  
Veteran Incentives  $5,000 off franchise fee





About Newk's

Experienced restaurateurs know that the only constant in our industry is change. Newk's has a flexible menu designed for timeless appeal with three primary components - sandwiches, salads and pizzas. These were chosen to provide maximum adaptability to changing costs, tastes and regional preferences.
Newk's is also a flexible concept adaptable to many venues.
* Pad or commercial sites
* Strip and lifestyle centers
* Urban/downtown locations
* Conversions of existing restaurants
* Enclosed mall/food court locations
* University or office locations
* Airport, train station or other non-traditional locations

The Newk's Express Cafe franchise program is designed for growth; it's designed to provide you and your organization with the guidance, the training and the tools to implement our innovative concept, and to refine and grow for many years to come. The Newk's Express Cafe strategy is to provide each customer with many ways to enjoy Newk's, and help franchise owners maximize the benefit of each customer relationship.

The Newk's Concept offers:
* Dine-in
* Takeout
* On-site catering
* Retail sales
* Corporate sales programs

Get Growing - with Newk's Express Cafe
If you are looking for a solid business opportunity designed for growth, consider the advantages of the Newk's Express Cafe franchise opportunity:
* A concept validated by industry trends
* Limited menu with unlimited appeal
* A streamlined, efficient operational system
* Flexible menu, adaptable to change in trends and tastes
* Flexible store design/location options
* Long-term, multi-unit franchise focus
* An experienced, respected management team
* Strong training and marketing programs

* The ongoing support of a dedicated franchise company

The total investment necessary to begin operation of a Newk's Restaurant franchise is $971,100 to $1,207,350. This includes a $40,000 initial franchise fee that must be paid to the franchisor. The franchisor may offer to enter into an area development agreement to establish and operate a certain number of Newk's Restaurants at specific locations pursuant to individual franchise agreements. The area development fee, which will vary depending upon the number of franchised restaurants to be developed, will be equal to the total of $40,000 for the first Newk's Restaurant plus $20,000 for each additional Newk's Restaurant to be developed. The area development fee will be applied to the initial franchise fees for each applicable Newk's Restaurant.