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Great Greek vs Newk's and Newk's Eatery — which franchise is the better buy?
Side by side from the public FDDs — no franchisor spin.
| Great Greek | Newk's and Newk's Eatery | |
|---|---|---|
| Disclosure honesty | B | B |
| Investment from | $526,670 | $927,500 |
| Total fees | 9% | 6.75% |
| Outlets | 77 | 97 |
| Lawsuits | 4 | 0 |
Great Greek: what their numbers say
Affiliate-owned Nevada restaurants: 7 units, $1.9M-$2.8M gross revenue, 16-30% net operating income. Franchisee data: 17 units 2+ years operation; highest $2.4M, lowest $964K gross revenue.
Newk's and Newk's Eatery: what their numbers say
Company-owned restaurants: AUV $2.19M, EBITDA 16.18%. Franchised: AUV $2.36M. Data from 88 restaurants open since July 2023. Unaudited.
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