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Below is an in-depth analysis and side-by-side comparison of Cianci European Eatery 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 | $356,000 - $508,000 | $971,100 - $1,207,350 |
Franchise Fee | $25,000 | $40,000 |
Royalty Fee | 5% | 5% |
Advertising Fee | - | 1.5% |
Year Founded | 1998 | 2004 |
Year Franchised | 2005 | 2004 |
Term Of Agreement | 20 years | - |
Term Of Agreement | 20 years | - |
Renewal Fee | - | none |
Business Experience Requirements |
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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 |
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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 | - | On-The-Job Training: 276 hours Classroom Training: 74 hours |
Support | Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives | 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 slicks | Co-op Advertising Ad Templates Regional Advertising Social media SEO Email marketing Loyalty program/app |
Operations |
Number of employees needed to run franchised unit: 15 - 15
Absentee ownership of franchise is allowed. (100% of current franchisees are owner/operators) | Number of Employees Required to Run: 50 |
Expansion Plans |
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US Expansion | - | - |
Canada Expansion | No | - |
International Expansion | No | - |
Delectable cuisine born in the bustling, bistros of Europe. A palate nurtured in the healthy eateries of a burgeoning American marketplace. This is the inspiration for Cianci European Eatery. Created by founder Laura Cianci, and opened in 1998, the European Eatery offers customers the unique combination of a sumptuous healthy menu, with the warm and inviting feel of a European bistro. It will offer you one of the most exciting and successful new concepts in the world of franchising today. Cianci European Eatery is a proven concept, with unlimited potential. It will give you the opportunity to build a successful business with a time investment of just 10 hours per day while capturing a profitable niche in a rapidly growing marketplace. We're currently opening new, untapped markets, exclusive territories and great opportunities for the right franchise partners. Don't miss this opportunity to get a taste of a healthy bottom line. Your success is our number one priority. That's why we stand poised to provide you with the systems and resources you'll need to grow a successful operation. We have assembled a top team of experts in operations, training, marketing and development. From the day you begin working with Cianci, through development, grand opening and growth, we'll be there to support your needs and growth.
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