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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 |
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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 | 1987 | 2004 |
Year Franchised | 1992 | 2004 |
Term Of Agreement | 10 years | - |
Term Of Agreement | 10 years | - |
Renewal Fee | - | none |
Business Experience Requirements |
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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 |
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In-House/3rd Party | In-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 |
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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 |
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US Expansion | Yes | - |
Canada Expansion | No | - |
International Expansion | No | - |
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
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