Newk's Eatery
The total investment to open a Newk's Eatery franchise ranges from $535,680 to $2.3M. The initial franchise fee is $40,000. Ongoing royalties are 5% plus a 2.75% advertising fee.
What is the Newk's Eatery franchise?
Newk's Eatery is a counter service restaurant serving salads, sandwiches, soups and pizzas to customers looking for a quick meal. The estimated total initial investment is $535,680 to $2,272,600, and the initial franchise fee is $40,000, according to the 2025 Franchise Disclosure Document.
The ongoing fees are a royalty of 5 percent of sales and an advertising or brand fund fee of 2.75 percent. The franchise agreement term is 10 years.
Newk's Eatery was founded in 2004 and is headquartered in Athens, Georgia.
Loan Activity Score
28/100
SBA Default Rate
28.6%
Active Lenders
5
According to its Franchise Disclosure Document or public business records, Newk's Eatery has 5 locations, all owned by franchisees. Public SBA loan records show 5 lenders made 7 loans to franchisees of Newk's Eatery. PeerSense calculates Newk's Eatery's score as 28 out of 100, using public SBA loan performance and recent lending activity. Cost figures are based on the 2025 Franchise Disclosure Document.
Franchising since 2004 · 5 locations
$535,680 to $2.3M
$40,000
5
5 franchised
Proprietary PeerSense metric
LimitedDistinct lenders in public SBA records for Newk's Eatery
7
Total SBA loans
$1.2M
Average loan size
Source: public SBA 7(a) and 504 loan records through December 31, 2025
Referral fee at closing
SBA Lending Activity for Newk's Eatery
Loan Activity Score Breakdown
Emerging (3 to 9 loans)
Are lenders increasingly or decreasingly funding this brand? Growing trends score highest.
Blended default rate (recent + all time) compared to NAICS sector peers.
Quality lenders actively backing this brand, with penalty for lender pullback.
FDD availability, Item 19 disclosure, and overall data completeness.
Geographic spread of SBA funded locations across states.
SBA Lending Performance
SBA Default Rate
28.6%
vs 10.3% peer avg
SBA Loans
7
Total Volume
$8.7M
Active Lenders
5
1 selective
States
4
vs. SBA Sector Average
SBA loan default rate vs. all franchises in the same NAICS sector, not limited to direct competitors
Key Highlights
Franchise Financing Resources
Data Insights
Key performance metrics for Newk's Eatery based on SBA lending data
SBA Default Rate
28.6%
18.3% above peer avg
SBA Loan Volume
7 loans
Across 5 lenders
Lender Diversity
5 lenders
Avg 1.4 loans per lender
Investment Tier
Premium investment
$535,680 to $2,272,600 total
Newk's Eatery: Deep SBA Data
Brand specific metrics derived directly from SBA 7(a) approval records: peak lending year, leading state, average loan size, and lender concentration. PeerSense computes these per brand so capital advisors and prospective franchisees can benchmark this opportunity against the rest of the franchise universe.
Peak SBA Year
2018
4 approvals. The best year on record for Newk's Eatery.
Top SBA State
Georgia
4 SBA financed Newk's Eatery locations, the densest operator footprint.
Average Loan Size
$1.2M
Median $890K. Use as a sizing anchor when modeling your own Newk's Eatery unit.
Lender Concentration
71.4%
Concentrated
Share of Newk's Eatery approvals captured by the top 3 SBA lenders.
Newk's Eatery's SBA lending pipeline peaked in 2018 (4 approvals). The last five fiscal years account for 14% of cumulative volume ($831K approved). Operator density is highest in Georgia with 4 SBA financed locations. Average funded ticket sits at $1.2M, with the median at $890K. Lender mix is concentrated: the top three SBA lenders account for 71.4% of approvals. Credit decisions concentrate with a small group of incumbents.
Payment Estimator
Estimated Monthly Payment
$5,545
Principal & Interest only
Indicative only, as of October 1, 2026. Not a quote, commitment or offer of credit. Final pricing, leverage and terms are determined by the lender at underwriting, after full transaction materials are reviewed. PeerSense sources the file. The lender sets pricing. What these terms mean.
Locations
Newk's Eatery, unit breakdown
Explore Funding for Newk's Eatery
Our business financing consultants help connect you with the right lending partners. Referral fee paid at closing.
Or get an instant analysis
Scan Your Deal Instantly3 FDDs Available for Newk's Eatery
Review franchise fees, investment ranges, royalties, Item 19 financial data, and year over year trends. Request complimentary access through your PeerSense funding advisor.
Page Review
Reviewed by Edward L. Freeman, Founder and Managing Director, PeerSense
- PeerSense is a capital advisory firm that places commercial financing with direct capital sources; it does not lend, fund, or approve loans, and the capital source sets final terms.
- Edward L. Freeman founded PeerSense in January 2020.
- He is a Registered Franchise Consultant with Business Alliance, Inc., a credential issued in March 2022, and worked as a franchise consultant there from March 2022 to May 2023.
- His recorded experience includes a $22 million SBA construction loan, with about $16 million funded on the deal.
- In the 12 months through September 30, 2026, PeerSense tracked 912 publicly announced financings with a disclosed size of $361.32 billion. PeerSense Capital Data Report · Methodology page
Last reviewed LinkedIn profileAbout Edward Freeman