McDonald's vs Newk's Franchise Comparison

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

Start-Up Costs and Fees

 
McDonald's Franchise
Newk's Franchise
Investment $989,352 - $2,217,045$754,000 - $1,054,500
Franchise Fee $45,000$40,000
Royalty Fee 12.5%+5%
Advertising Fee -1/2%
Year Founded 19552004
Year Franchised 19552004
Term Of Agreement 20 years-
Term Of Agreement 20 years-
Renewal Fee $45Knone


Business Experience Requirements

 
McDonald's Franchise
Newk's Franchise
Experience
  • Industry experience
  • General business experience
  • Marketing 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 Café 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

     
    McDonald's Franchise
    Newk's Franchise
      In-House/3rd PartyIn-House/3rd Party
    Franchise Fees No/No-/-
    Start-up Costs No/No-/-
    Equipment No/Yes-/-
    Inventory No/No-/-
    Receivables No/No-/-
    Payroll No/No-/-

    Training & Support

     
    McDonald's Franchise
    Newk's Franchise
    Training --
    Support Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives-
    Marketing --
    Operations 82% of all franchisees own more than one unit

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

    -

    Expansion Plans

     
    McDonald's Franchise
    Newk's Franchise
    US Expansion --
    Canada Expansion No-
    International Expansion Yes-

    Company Overviews

    About McDonald's

    McDonald's brand is in 122 countries around the world. Thirty thousand locations serve 51 million customers each day. More than 70 percent of McDonald's restaurants around the world are owned and operated by independent local businesspeople. Most standalone McDonald's restaurants offer both counter and drive-through service, with indoor and sometimes outdoor seating. The Drive-Thru, Auto-Mac, or McDrive as it is known in many countries, often has separate stations for placing, paying for, and picking up orders, though the former two steps are frequently combined. In some countries "McDrive" locations near highways offer no counter service or seating. In contrast, locations in high-density city neighborhoods often omit drive-through service. For free consultation Fill in form to the right.

    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