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Below is an in-depth analysis and side-by-side comparison of Thundercloud Subs 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 | $65,000 - $90,000 | $971,100 - $1,207,350 |
Franchise Fee | $10,000 | $40,000 |
Royalty Fee | - | 5% |
Advertising Fee | - | 1.5% |
Year Founded | 1975 | 2004 |
Year Franchised | 0 | 2004 |
Term Of Agreement | - | - |
Term Of Agreement | - | - |
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 | -/- | -/Yes |
Start-up Costs | -/- | -/Yes |
Equipment | -/- | -/Yes |
Inventory | -/- | -/Yes |
Receivables | -/- | -/Yes |
Payroll | -/- | -/Yes |
Training & Support |
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Training | - | On-The-Job Training: 276 hours Classroom Training: 74 hours |
Support | - | 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 Regional Advertising Social media SEO Email marketing Loyalty program/app |
Operations | - | Number of Employees Required to Run: 50 |
Expansion Plans |
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US Expansion | - | - |
Canada Expansion | - | - |
International Expansion | - | - |
ThunderCloud Subs, a neighborhood sub shop with a rich tradition of good natured people serving FRESH, FAST & HEALTHY food in a great atmosphere. We started ThunderCloud in 1975 with a simple yet logical philosophy of selling a fresh meal at a reasonable price and we proudly maintain that same course today! IT'S ALL IN THE INGREDIENTS...We slice all our meats, cheeses and produce daily. We prepare our spreads from scratch every day. We have our bread made from scratch and delivered every morning and we choose only the finest ingredients. When you come into a ThunderCloud Sub Shop, you'll experience the creation of a great sandwich! Our People The ThunderCloud sandwich artists are notoriously good natured and famously talented. We take pride in a job well done. We believe in team work, doing a little bit more than our fair share and having fun both on and off the job. Though we have plenty of company policies to help keep the "machine" running smoothly, we think we allow enough liberties to foster individualism, self-esteem and self-pride. Our Community Each year, ThunderCloud sponsors some of the most engaging events that bring the Austin community together for meaningful causes. We have been a FRESH, FAST & HEALTHY part of Austin for 30 years. Being uniquely Austin means giving more, too! We dedicate half of our annual marketing effort to support local non-profit groups like Caritas of Austin. We believe in supporting organizations dedicated to creating a better Austin. ThunderCloud has proudly donated over $750,000 to Caritas and last year contributed $176,500. Our HomeThunderCloud is proud to be an engrained part of the Austin community. We're at home here in Austin, just like much of Austin feels comfortable and at home when they're in one of our shops.
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