Newk’s Holding Company announced that Sentinel Capital Partners, a New York–based private equity firm, has made a significant capital investment in the Newk’s Eatery fast-casual brand and assumed ownership interest in the company. Newk’s Holding Company, with 67 franchised and company-owned restaurants across 13 states, is scheduled to open 15 locations this year and reach 200 total restaurants by 2019, a goal that will further bolster the company’s position among Technomic’s 50 top fast-casual chain restaurants nationwide.
Newk’s Eatery’s spring menu will prominently feature culinary-inspired seafood dishes suited for the Lenten season. From March through mid-May, the popular Salmon & Arugula Salad introduced last spring will once again be at the center of the company’s limited time menu. It will appear alongside the company’s other year-round seafood fan favorites, Spicy Shrimp Pizza, Lobster Crab Bisque, Newk’s Signature Shrimp Po’boy, and Caesar Salad topped with Salmon. These selections will be available all week long in nearly 70 restaurants through May 11.
Newk’s Eatery recently recognized its 10th anniversary with a celebration at the original restaurant located in Oxford, Mississippi. The event was an opportunity for former partners and current leadership to celebrate 10 years being open. It was also a time for the original store’s general manager, Phillip O’Reilly, to sign a franchise agreement expanding his current Nashville-area contract.
With eight new restaurant openings scheduled for completion within the fourth quarter of 2013, Newk’s Eatery is undergoing exponential growth. Newk’s first restaurant was opened in Oxford, Mississippi, in 2004 by founder, Chris Newcomb. Today, the Newk’s Franchise Company has grown to include nine company-owned and 54 franchise-owned restaurants.
Newk’s Eatery’s, the 61-unit casual restaurant concept, expanded its menu to include three comfort food entrées available through the first week of January. The new limited-time menu offerings—Five Cheese Grilled Cheese, Turkey Cranberry Sandwich, and Pimiento Cheese Pizza—come just in time for the holidays and will roll out company-wide.
The oven-baked Five Cheese Grilled Cheese is layered with Havarti, Gruyere, Monterey Jack, Gouda, and Cheddar, with the additional option to add a sprinkle of bacon bits.
Newk’s Eatery announced the hire of Keith Moody as territory director of franchise operations for the fast-casual restaurant concept. Moody has been in franchise restaurant operations for more than 20 years and will apply his skills and knowledge to assist in Newk’s rapid expansion.
“The driving force behind me coming to work at Newk’s was the food, which is outrageously good,” Moody says. “I know that when people try it, they will return again and again.”
Newk’s Eatery’s, a 58-unit fresh-casual restaurant concept, has expanded the fall line to include three pork entrées.
The new limited-time menu offerings—Newk’s PB&Q, The Cuban, and the Pork Tenderloin Platter catering menu addition—are being rolled out system-wide.
Newk’s PB&Q and The Cuban are made with pork that is hand-rubbed with secret spices and brined on-site for a full 24 hours to create juicy tenderloin.
Newk’s Eatery announced the hire of two new support center team members, who will assist in the national expansion of the brand.
After nine years in business, the restaurant concept is rapidly growing, with 12 new restaurant locations planned to open before the end of 2013.
Gary Brem, a 34-year foodservice construction veteran, has been named director of development, and Klara Smith, a 15-year legal industry professional, has been chosen as the company’s general counsel.
Newk’s Eatery will be launching two new limited time offers: a buffalo chicken sandwich and an arugula salmon salad. These options will be added to Newk’s already delicious offerings of healthy salads, California- style pizzas, specialty sandwiches and hearty soups.
Newk’s Eatery provides a fresh casual dining experience with a menu full of a variety of made-to-order choices with comfortable in-restaurant dining, grab-and-go, convenient pick-up, and catering.
Newk’s Eatery, a fresh-casual restaurant concept offering a variety of made-to-order choices, recently signed agreements for six new locations in the latest phase of the company’s accelerated expansion. The first of these new restaurants will open in July.