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240. Newk's Eatery

Last Year's Rank: 233

Investment Range: $932,000 - $1,131,000

Initial Franchise Fee: $40,000

Category: Restaurant

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Company Description

This full-service, casual restaurant chain is the creation of Debra Bryson and Don and Chris Newcomb, the same team that was behind McAlister's Deli. The first Newk's opened in 2004 and soon became a franchised chain. Today Newk's has more than 60 locations; its units are concentrated primarily in the southern United States. Its corporate headquarters are in Jackson, Mississippi.

Company Statistics

Global Sales: $221,018,178

US Units: 125

Total Units: 125

Percent Franchised: 82%

% International Units: 0%

US Franchised Units: 102

Sales Growth %: -3.4%

Unit Growth %: 7.8%

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