Newk's Eatery Franchise-Anchored Ctr-High Profit

Kennesaw, GA
Cobb County

Cobb Parkway


Asking Price: Annual Revenue:
$1,500,000 $3,332,774

Food & Beverage: Restaurants, Fast Food, Deli


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RE: Newk's Eatery Franchise-Anchored Ctr-High Profit Broker: Steve Josovitz
License #: 164878

Quick Facts

Asking Price: $1,500,000
Annual Revenue: $3,332,774
Net Profit: Not Disclosed
Cash Flow: $228,802
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: GA
Year Established: 2016
Employees: Not Disclosed
BBN Listing #: 908929193
Broker Reference #: 2034

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Business Overview:

Newk’s Eatery National Franchise for Sale – Whole Food Kennesaw GA Anchored Center – High Profit – $1,170,000 Stunning Build-Out.

(This is an Open and Operating Business. Please be respectful and do not make any attempt to contact or speak to Staff, Management, Landlord and or Ownership. Documentation and Inspections will be provided upon request)

Newk’s Eatery for Sale.
Located at 1975 Cobb Parkway, Kennesaw, GA 30152

4,500/sf freestanding restaurant located in nationally anchored center.
$17,645 per month all in, renewal November, 2026

Established December 2016.

Opening costs $1,170,000.

2017 Gross Sales $3,036,251
2017 Net Profit $291,127

2018 Gross Sales $3,332,774
2018 Net Profit $228,802

2018 Net Profit was lower than in 2017 due to Management Training Salaries for the new unit.
2018 personal add-backs for all three-units combined totaled $200,000.

2019 Gross Sales averaging $60,000 to $65,000 weekly.

Management salaries: GM $50,000, AGM $42,000, Assistant Manager $40,000 plus all are on a bonus program plus two-hourly shift Supervisors at $15.00/hr.

Staff: 15-FOH and Kitchen Staff of 20 at approximately $11.00/hr-$13.00/hr.

Sewer and Electric run about $4,200 monthly.

Royalties are 6.5% including Marketing Fees.
Franchise Transfer Fees is $20,000.

Additional Two-Units for sale.

Profitable.

No expenses spared on the state of the art build out and design.

Full Management and Staff in place for seamless transition.

Newks is Regional chain offering a menu of salads, pizzas & sandwiches in a casual setting.

$1,170,000 build-out.

Priced at $1,500,000

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Property Features and Assets:

4,500/sf freestanding restaurant located in nationally anchored center. Established December 2016. $1,170,000 build-out. $17,645 per month all in, renewal November, 2026 Full Management and Staff in place for seamless transition. Additional Two-Units for sale.

Market Competition and Expansion:

Please ask business broker for details.

Reason for Selling:

Other interests.

Additional Details:

  • The property is leased.
  • The owner is willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is a franchise resale opportunity.

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