Newk's vs B2Cafe Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Newk's vs B2Cafe including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees

 
Newk's Franchise
B2Cafe Franchise
Investment $971,100 - $1,207,350$500,000 - And Up
Franchise Fee $40,000$35,000
Royalty Fee 5%6%
Advertising Fee 1.5%2%
Year Founded 20041991
Year Franchised 20042004
Term Of Agreement --
Term Of Agreement --
Renewal Fee none-


Business Experience Requirements

 
Newk's Franchise
B2Cafe Franchise
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).

Business experience is ideal. It is also preferable that you have at least 5+ years in the Franchise/Restaurant arena. Also, quota driven executive sales professionals with a great entrepreneurial spirit can be very successful.


Financing Options

 
Newk's Franchise
B2Cafe Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees -/Yes-/-
Start-up Costs -/Yes-/-
Equipment -/Yes-/-
Inventory -/Yes-/-
Receivables -/Yes-/-
Payroll -/Yes-/-

Training & Support

 
Newk's Franchise
B2Cafe Franchise
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 Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives
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

 
Newk's Franchise
B2Cafe Franchise
US Expansion -Yes
Canada Expansion --
International Expansion --

Company Overviews

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.






About B2Cafe

B2 Cafe specializes in serving freshly made-to-order food, prepared with the highest quality ingredients and served with a friendly smile each and every time.B2 Cafe began in 1991 in Tallahassee, Florida as Bagel Bagel Cafe, 'A Place So Nice We Named It Twice.' John Stout, founder of the original concept, created the idea based on skills he accumulated while working and managing a diverse number of restaurants across the U.S. As the chain expanded, so did the menu, adding signature sandwiches such as the 'Wine & Cheese,' the 'RBCC' and the 'Florida Club.' And the rest, as they say, is history. With the purchase of the restaurants by the Winsteads, the original Cafe has evolved to become B2 Cafe, with an eclectic collection of customer favorites. From bagel melts and breakfast wraps, to salads, soups and specialty dishes, B2 Cafe continues to offer quality products, excellent service and incredible value. Today, our attention to detail and innovative offerings have provided our franchisees with exceptional financial opportunity in the growing fast-casual dining category, and our employees with a solid career path to their own success. But the real winners are our guests, enjoying consistently good products, exceptional service and an affordable selection of cafe fare. Financial Requirements: *Minimum Net Worth - $500,000 *Minimum Liquid Resources - $250,000 *Prior Restaurant Experience is a plus Building Types and Requirements: *Regional shopping centers *Storefront and signage should have good visibility from main streets and intersections *1,600-3,000 sq. ft. *Sufficient parking for all tenants of shopping center *End cap of shopping center preferable *Additional seating outdoors a plus *New shopping centers (less than 10 years old) Demographic Recommendations: *Population of 45,000 people within a 3-mile radius *Median age - 45 years old and below *Concentration of office and/or retail *Close proximity to colleges and universities is a plus *Traffic counts in excess of 45,000 cars per day