Question 1

How many Newk's Eatery franchise locations are there?

Accepted Answer

Newk's Eatery currently has 95 total units, including 66 franchised locations and 29 company-owned locations.

Question 2

Is the Newk's Eatery franchise system growing or shrinking?

Accepted Answer

Newk's Eatery has experienced negative net growth of -2.1% over the past year, with a 3-year compound annual growth rate (CAGR) of -1.7%.

Question 3

What is the franchise vs. company-owned ratio for Newk's Eatery?

Accepted Answer

Newk's Eatery has a franchise ratio of 69%, meaning 69% of all units are franchisee-owned.

Question 4

How many Newk's Eatery franchise units have opened and closed recently?

Accepted Answer

In the most recent reporting year (2024), Newk's Eatery had 2 units opened and 4 units closed.