Number of locations 100 Founded 2004 | Industry Restaurants | |
Key people Don Newcomb, Co-founderChris Newcomb, Co-founderMichael T. Clock, President and CFO Revenue $141 million USD (2014) Number of employees Approximately 5,000 full/part time (including franchises) Parent organization Newk's Holding Company, LLC | ||
Newk's Eatery is a chain of fast casual cafés. Newk's operates over 100 restaurants in 13 states.
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Newk s eatery
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. Newcomb and Newcomb had previously created and sold the restaurant chain McAlister's Deli. 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.
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. Sentinel, which specializes in buying and building companies, implemented a plan for rapid growth. Shortly after its acquisition by Sentinel, Newk's announced plans to grow to more than 300 units by 2018.
Today, over 100 Newk's locations operate in 13 U.S. states. The company is headquartered in Jackson, Mississippi, United States. Newk's announced $141 million in revenue in 2014.
Menu
Newk's purveys gourmet made-from-scratch sandwiches, soups, salads, California-style pizzas, desserts, fresh fruit, coffee, specialty drinks, wine, beer, and a large variety of other related items. The restaurant chain, situated on the upscale spectrum of fast casual, maintains a strong culinary focus with all products made-from-scratch with fresh ingredients in each store daily. 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.