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Updated RecentlyNewk's vs Dagwoods Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Newk's vs Dagwoods including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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| Investment | $971,100 - $1,207,350 | $200,000 - $250,000 |
| Franchise Fee | $40,000 | $25,000 |
| Royalty Fee | 5% | 6% |
| Advertising Fee | 1.5% | 3% |
| Year Founded | 2004 | - |
| Year Franchised | 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 | Hands-on in-store training at one of our locations. You will learn all aspects of management, product preparation, quality and service. Once you are ready to open your store, you will be assigned a Dagwoods trainer to ensure that you and your staff are ready to give the best possible service to your valuable customers. You will receive ongoing visits and on-site consultations and reviews. You will work at a Dagwoods location in Montreal for at least six weeks. During this time, you will learn all aspects of management, product preparation and quality, and service. Once you are ready to open your store, you will be assigned a Dagwoods trainer to ensure that you and your staff are ready to give the best possible service to your valuable customers. You will receive ongoing visits and on-site consultations and reviews. You will attend informative franchisee meetings as well as slicer, safety and service clinics, which are held every six months. Training for you and your staff is of utmost importance for Dagwoods. The key to our success is our great sandwiches, the consistency that we have maintained over the years and our fast and friendly service. |
| 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 | - | - |
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
About Dagwoods
Follow your dream and become your own boss! Dagwoods is presently seeking dynamic individuals who aren’t afraid of working hard to realize their dreams. These individuals will help maintain the success that Dagwoods has enjoyed for more than 25 years.
If you’re interested in joining our team of Dagwoods franchisees, here are a few things you should know:
Dagwoods’ concept is simple and easy to operate. Its low start-up costs and low overhead allow you to develop your business quickly and enjoy the day-to-day interactions with your customers and staff.
Dagwoods provides all our franchisees with hands-on in-store training at one of our locations. You will learn all aspects of management, product preparation, quality and service.
Dagwoods offers a popular catering service, allowing you to increase your sales with add-on business that not only helps you add on to the bottom line but also promotes your store in your area. You will also benefit from online catering orders generated through the Dagwoods website.