Newk's Eatery

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Newk's Eatery
Private
Industry Restaurants
Founded 2004 in Oxford, Mississippi[1]
Headquarters Jackson, Mississippi, United States[2]
Number of locations
 100+[3][4]
Key people
Products Fast casual/Café, including hot and cold sandwiches, flatbreads, salads, and soups
Revenue Increase$141 million USD (2014)
Number of employees
 Approximately 5,000 full/part time (including franchises)[6]
Website newks.com

Newk's Eatery is a chain of fast casual cafés. Newk's operates over 100 restaurants in 13 states.[3][7]

Corporate history

Newk's Eatery was founded in 2004 as Newk's Express Café by father and son chefs, Don and Chris Newcomb, with the first store opening in Oxford, Mississippi.[8][9] Newcomb and Newcomb had previously created and sold the restaurant chain McAlister's Deli.[10][11] In 2013, the company rebranded itself as Newk's Eatery. In addition to the updated name, the company introduced a fresh design to its logo.[12]

The business was bought by private equity firm Sentinel Capital Partners in 2014 for an undisclosed amount, identifying the restaurant chain's opportunity for growth as a driving factor in the decision to acquire the company.[12][13][14] Sentinel, which specializes in buying and building companies, brought in industry veteran James J. Greco to execute Newk's plan for rapid growth.[15][16] Shortly after its acquisition by Sentinel, Newk's announced plans to grow to more than 300 units by 2018.[17][18]

Today, over 100 Newk's locations operate in 13 U.S. states.[3][19] The company is headquartered in Jackson, Mississippi, United States.[20] Newk's announced $141 million in revenue in 2014.

Menu

Newk's purveys gourmet sandwiches, soups, salads, desserts, fresh fruit, coffee, specialty drinks, wine, beer, and a large variety of other related items.[21][22] The restaurant chain, situated on the upscale spectrum of fast casual, maintains a strong culinary focus with all products made from scratch at each store daily.[6][5][23][24] Defining features of the company's restaurants are open kitchens and large roundtables with gourmet condiments, toppings, and breadsticks, which can be found at all Newk's locations.[5][25][26]

See also

References

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External links

  1. ↑ https://www.qsrmagazine.com/news/newks-celebrate-unit-no-100-raising-100k
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  13. ↑ Lua error in package.lua at line 80: module 'strict' not found.
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  18. ↑ http://www.bizjournals.com/southflorida/news/2015/11/11/five-guys-burgers-and-fries-franchisees-to-bring.html
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