Newk's and Newk's Eatery
Source filing: WI · filed 2026-04-21
Item 5 — Initial franchise fee
$40,000 [p.14 · WI · 2026-04-21]
Item 6 — Recurring fees (royalty & advertising)
| Royalty | 5% of Net Sales [p.17 · WI · 2026-04-21] |
|---|---|
| National Marketing Fund Contributions | 1.75% of Net Sales payable to the National Marketing Fund (Note 3) [p.17 · WI · 2026-04-21] |
| Local Advertising | 1% of Net Sales [p.17 · WI · 2026-04-21] |
| Cooperative Advertising | As determined by Cooperative (Note 4) [p.17 · WI · 2026-04-21] |
Full Item 6 schedule (including one-time and conditional fees) is in the FDD itself.
Item 7 — Estimated initial investment (total)
$927,500 [p.23 · WI · 2026-04-21] – $1,323,350 [p.23 · WI · 2026-04-21]
Base single-franchise offering as stated in the FDD's total row. Multi-unit or area-development formats are not broken out here.
Item 20 — Outlets
| Franchised outlets at start of year | 66 [p.68 · WI · 2026-04-21] |
|---|---|
| Franchised outlets at end of year | 69 [p.68 · WI · 2026-04-21] |
| Net change in franchised outlets | 3 [p.68 · WI · 2026-04-21] |
| Transfers | 7 [p.69 · WI · 2026-04-21] |
| Terminations | Not disclosed |
| Non-renewals | Not disclosed |
| Ceased operations (other) | Not disclosed |
| Company-owned outlets at end of year | 28 [p.68 · WI · 2026-04-21] |
Item 19 — Financial performance representation
Headline cohort
Franchised Covered Restaurants FY2025 · fiscal year 2025
| Outlets in sample | Average | Median | High | Low |
|---|---|---|---|---|
| 61 [p.66 · WI · 2026-04-21] | $2,363,907 [p.66 · WI · 2026-04-21] | $2,291,360 [p.66 · WI · 2026-04-21] | $4,624,079 [p.66 · WI · 2026-04-21] | $838,120 [p.66 · WI · 2026-04-21] |
All disclosed cohorts (3)
| Cohort | Outlets | Average | Median | High | Low |
|---|---|---|---|---|---|
| Company-owned Covered Restaurants FY2025 fiscal year 2025 |
27 [p.63 · WI · 2026-04-21] | $2,194,256 [p.63 · WI · 2026-04-21] | $2,067,435 [p.63 · WI · 2026-04-21] | $4,179,846 [p.63 · WI · 2026-04-21] | $1,288,049 [p.63 · WI · 2026-04-21] |
| Franchised Covered Restaurants FY2025 fiscal year 2025 |
61 [p.66 · WI · 2026-04-21] | $2,363,907 [p.66 · WI · 2026-04-21] | $2,291,360 [p.66 · WI · 2026-04-21] | $4,624,079 [p.66 · WI · 2026-04-21] | $838,120 [p.66 · WI · 2026-04-21] |
| All Covered Restaurants (franchised and company-owned) FY2025 fiscal year 2025 excluded: failed consistency checks |
Not disclosed | Not disclosed | Not disclosed | Not disclosed | Not disclosed |
“These financial performance representations reflect the 2025 Average Unit Volume and Cost of Goods Sold, Labor expenses (hourly and management personnel), Other Operating Expenses, Occupancy Costs, Assumed Royalties and EBITDA (as we define those terms in the Notes below) during” [p.64 · WI · 2026-04-21]
Extraction notes
- Item 7 line items did not sum to the stated total; total shown is the FDD's stated total row only.