Newk's Eatery franchise: cost, fees & unit track record
Opening a Newk's Eatery franchise takes $1,087,000 – $1,414,350 all-in, per its franchise disclosure filings (data as of 2026-05). The initial franchise fee is $40,000. Ongoing, franchisees pay a royalty of 5% on sales plus an ad-fund contribution of up to 2%. To qualify, Newk's Eatery asks for $1,500,000 in liquid cash and a $3,000,000 net worth. Anything the filings do not state is marked "Not disclosed" below — never estimated.
Newk's Eatery franchise costs and fees
| Verification mark | Cost item | Low | High | Range |
|---|---|---|---|---|
| Initial franchise feeOne-time, paid to the franchisor at signing | $40,000 | $40,000 | $40,000 | |
| Initial investment (all-in)FDD Item 7-derived range: build-out, equipment, opening costs | $1,087,000 | $1,414,350 | $1,087,000 to $1,414,350 | |
| Net worth requiredFranchisor's stated qualification minimum | $3,000,000 | $3,000,000 | $3,000,000 | |
| Liquid cash requiredFranchisor's stated qualification minimum | $1,500,000 | $1,500,000 | $1,500,000 | |
| Cash to open (all-in range) | $1,087,000 | $1,414,350 | $1,087,000 to $1,414,350 |
| RoyaltyOngoing, % of sales | 5% |
|---|---|
| Ad fundOngoing, % of sales | Up to 2% |
| Initial termLength of the first franchise agreement | 10 years |
See the full Newk's Eatery cost breakdown — what's in that number and what isn't
How Newk's Eatery's cost compares
A dollar figure means more with a yardstick. Here is where Newk's Eatery's disclosed cost sits against the Food & Beverage category:
- Minimum startup cost of $1,087,000 — about 3.8× the Food & Beverage median of $282,500.
- Initial franchise fee of $40,000 — about in line with the Food & Beverage median of $35,000.
Category medians are computed from the Food & Beverage brands in our data that disclosed each figure — a benchmark for scale, not a quality judgment. See all Food & Beverage franchises
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How Newk's Eatery's units have held up
Openings and closures from FDD Item 20-style unit history, 2012–2022: began the window at 38 units; 84 units opened, 41 closed, ending at 73 units. (partial records: 2018 is not in the source data — totals span the reported years only.)
What about earnings?
We don't publish per-brand earnings figures — for Newk's Eatery or anyone else. The only primary source is Item 19 of the brand's own franchise disclosure document (FDD), and no law requires a franchisor to publish one, so the "average owner income" numbers circulating elsewhere are usually unsourced or survivorship-biased. Ask Newk's Eatery for its current FDD and read Item 19 yourself — and if there is no Item 19, that silence is information too.
What this data can't tell you
Everything on this page comes from disclosure filings — fees, ranges, and unit counts. Four questions that matter just as much are not in any filing we can source, so we say so instead of guessing:
- The hours and the labor
- No dataset field says whether Newk's Eatery is a manage-from-a-laptop business or a 60-hour week in disguise. Item 15 of the FDD states whether you're obligated to run the business personally, and Item 11 lists what the franchisor actually does for you — then ask current owners what their week looks like (validation calls), not the sales team.
- How hands-on the ownership really is
- "Semi-absentee" is a pitch, not a filing field. Treat any hands-off claim as unverified until it's consistent with Item 15 and with what multiple current franchisees tell you — what absentee ownership actually means.
- Your territory — whether it's protected, and whether it's open
- Two territory questions sit outside our data. Whether Newk's Eatery grants a protected or exclusive area is set in Item 12 of the FDD and varies brand to brand — some grant none, and the carve-outs (online sales, national accounts) matter as much as the map. And filing data can't say what's open in your market this month; only Newk's Eatery can confirm current availability. Ask both before you inquire, and get the answer in writing.
- What owners earn
- Covered honestly above: our dataset has no earnings fields, the only primary source is the brand's own Item 19, and here is how to read that evidence.
About the Newk's Eatery franchise
Newk's Eatery is a food & beverage franchisor with 73 units at the end of 2022 (FDD Item 20-style unit history). Between 2012 and 2022, it began the window at 38 units; its filings record 84 unit openings and 41 closures, ending at 73 units (partial records: 2018 is not in the source data — totals span the reported years only). Its parent company is Newk's Eatery. The filings indicate financing options are available; terms come from the franchisor, not from us.
No franchise-related lawsuits reported in the disclosure data we hold (FDD Item 3, as of 2026-05) — an absence in our sources, not a guarantee; confirm against the brand's current FDD.
From the franchisor's materials
The franchisee will operate a fast casual restaurant offering a menu specializing in the franchisor’s signature fresh tossed salads, oven-baked sandwiches, hand-crafted pizzas, made-from-scratch soups and homemade cakes under the names "Newk’s," or "Newk’s Eatery. " A Newk’s Restaurant operates using the franchisor’s proprietary recipes, formulae, techniques, trade dress, trademarks and logos.
Newk's Eatery franchise: quick answers
- How much does a Newk's Eatery franchise cost?
- $1,087,000 – $1,414,350 all-in to open, per Newk's Eatery's franchise disclosure filings (data as of 2026-05).
- How many Newk's Eatery units are there?
- 73 units at the end of 2022 (FDD Item 20-style unit history).
- How have Newk's Eatery's units held up?
- 78.9% of units at risk between 2020 and 2022 did not close, per our metric recomputed from FDD Item 20-style unit history (methodology published on our verification page).