Newk's vs Primo Hoagies Franchise Comparison

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

Start-Up Costs and Fees
 
Newk's Franchise
Primo Hoagies Franchise
Investment $971,100 - $1,207,350$215,500 - $554,500
Franchise Fee $40,000$15,000
Royalty Fee 5%6%
Advertising Fee 1.5%2%
Year Founded 20042002
Year Franchised 20042002
Term Of Agreement --
Term Of Agreement --
Renewal Fee none-


Business Experience Requirements
 
Newk's Franchise
Primo Hoagies 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).-

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

Training & Support
 
Newk's Franchise
Primo Hoagies Franchise
Training On-The-Job Training: 276 hours Classroom Training: 74 hours On-The-Job Training: 112 hours Classroom Training: 8 hours
Support Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform Purchasing Co-ops Newsletter Meetings/Conventions 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 Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app
Operations Number of Employees Required to Run: 50 -

Expansion Plans
 
Newk's Franchise
Primo Hoagies Franchise
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

* 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 Primo Hoagies

We are very enthused and excited to be able to offer, to certain qualified individuals, an opportunity to purchase one of a limited number of PrimoHoagies franchises. Our venture into franchising has been made possible, and somewhat necessitated, by an increasingly hard to manage workload at our existing locations. This is the result of a growing recognition and demand for our product in the outlying areas of Philadelphia.
 
This offer presents the opportunity to own and operate your own business, with the security of having a name and product recognition that is well established, along with a formula that has proven to be greatly successful. Through on-going consultation, you will benefit greatly from the knowledge and expertise provided by the people who originated PrimoHoagies and subsequently established it as one of the most popular retail food institutions throughout the area and beyond.  
 
 
We enthusiastically believe that our unique and diverse menu, along with our widespread reputation for unconditional quality, will be a springboard for success in this franchise opportunity. We will not, however, make any claims of instant prosperity based solely on the reputation that Primo has established up to this point. The end result will ultimately depend on your diligent work and total commitment to achieve success in your business and eventually reap the benefits of your accomplishments.

Seeking franchisees for strategic national growth.
Veteran Incentives  10% off franchise fee