Franchise opportunities compared

    Nautical Bowls vs Newks Eatery

    Reviewed figures from each brand's Franchise Disclosure Document (FDD), side by side. Each figure carries its FDD year and page. This is not a ranking or recommendation, and the two FDDs may cover different years and location groups.

    Initial investment · Item 7

    Nautical Bowls

    $220,200 – $439,850

    2026 FDD · Item 7

    Newks Eatery

    $927,500 – $1,323,350

    2026 FDD · Item 7 · PDF p. 23

    Initial franchise fee · Item 5

    Nautical Bowls

    $20,000

    2026 FDD · Item 5 · PDF p. 10

    Newks Eatery

    $20,000

    2026 FDD · Item 5 · PDF p. 15

    Royalty · Item 6

    Nautical Bowls

    6%

    2026 FDD · Item 6 · PDF p. 11

    Newks Eatery

    Not available

    Before you compare

    • Both sets of figures come from 2026 FDDs.
    • Nautical Bowls discloses more than one business format, so the investment range spans formats; the full report breaks them out.
    • Item 19 figures cover the location groups each FDD names (Nautical Bowls: 6, Newks Eatery: 28). Different groups are not directly comparable.

    Financial commitment

    Estimated initial investment (Item 7)

    Nautical Bowls

    $220,200 – $439,850
    2026 FDD · Item 7

    Newks Eatery

    $927,500 – $1,323,350
    Newk’s restaurant — Total Estimated Initial Investment: $927,500 to $1,323,350
    2026 FDD · Item 7 · PDF p. 23
    Standard initial franchise fee (Item 5)

    Nautical Bowls

    $20,000
    2026 FDD · Item 5 · PDF p. 10

    Newks Eatery

    $20,000
    2026 FDD · Item 5 · PDF p. 15
    Royalty (Item 6)

    Nautical Bowls

    6%
    Royalty Fee
    2026 FDD · Item 6 · PDF p. 11

    Newks Eatery

    Not available
    No reviewed royalty record
    Brand / advertising fund (Item 6)

    Nautical Bowls

    2%
    Brand Development Fund Contribution — 2%
    2026 FDD · Item 6 · PDF p. 11

    Newks Eatery

    Not available
    No reviewed brand or advertising fund fee

    System scale & health

    Total outlets (Item 20)

    Nautical Bowls

    72
    Outlets at end of 2024
    2026 FDD · Item 20 · PDF p. 42

    Newks Eatery

    97
    Outlets at end of 2025
    2026 FDD · Item 20 · PDF p. 68
    Net outlet change (Item 20)

    Nautical Bowls

    +45
    Calculated: 27 at end of 2022 → 72 at end of 2024

    Newks Eatery

    +0
    Calculated: 97 at end of 2023 → 97 at end of 2025
    Outlet exits (Item 20)

    Nautical Bowls

    Not available
    No complete exit records for a year

    Newks Eatery

    Not available
    No complete exit records for a year
    Franchising since (Item 1)

    Nautical Bowls

    Not available
    Not in reviewed records

    Newks Eatery

    Not available
    Not in reviewed records
    Franchisor founded (Item 1)

    Nautical Bowls

    Not available
    Not in reviewed records

    Newks Eatery

    Not available
    Not in reviewed records

    Financial performance (Item 19), by location group

    Nautical Bowls
    Locations counted not stated in the reviewed record — Reporting Outlets open for full 12 months
    $465,281
    other Tier 1 median Net Sales
    2026 FDD · Item 19 · PDF p. 38
    Locations counted not stated in the reviewed record — Reporting Outlets open for full 12 months
    41 outlets
    other Franchisee-owned reporting outlets
    2026 FDD · Item 19 · PDF p. 37
    Locations counted not stated in the reviewed record — Reporting Outlets open for full 12 months
    2 outlets
    other Affiliate-owned reporting outlets
    2026 FDD · Item 19 · PDF p. 37
    +3 more groups in the full report
    Newks Eatery
    Locations counted not stated in the reviewed record — 27 company-owned Covered Restaurants; Mid-Level 33%
    $633,478
    other Table 2 Mid-Level 33%
    2026 FDD · Item 19 · PDF p. 63
    Locations counted not stated in the reviewed record — 27 Covered Restaurants; Lower 33%
    $1,597,628
    other Table 1 Lower 33%
    2026 FDD · Item 19 · PDF p. 63
    Locations counted not stated in the reviewed record — 61 Covered Restaurants; Upper 33%
    $3,388,089
    other Table 3 Upper 33%
    2026 FDD · Item 19 · PDF p. 66
    +25 more groups in the full report

    Item 19 groups are shown separately and never combined. Revenue or sales figures are not profit. Net outlet change and turnover are Franopolis calculations from the disclosed counts; turnover is a count-based rate, not a measure of owner earnings.

    Nautical Bowls vs Newks Eatery: common questions

    Which costs less to open, Nautical Bowls or Newks Eatery?
    Nautical Bowls: $220,200 – $439,850 (2026 FDD · Item 7); Newks Eatery: $927,500 – $1,323,350 (2026 FDD · Item 7 · PDF p. 23). These are each franchisor's Item 7 estimated initial investment. The low end of the disclosed estimate is lower for Nautical Bowls. At least one range spans several business formats. Estimates are not quotes, and the FDD years may differ.
    Which has more locations, Nautical Bowls or Newks Eatery?
    Nautical Bowls: 72 (2026 FDD · Item 20 · PDF p. 42); Newks Eatery: 97 (2026 FDD · Item 20 · PDF p. 68). Total outlets from Item 20. Outlet counts do not indicate territory availability or franchisee results.
    Do Nautical Bowls and Newks Eatery disclose financial performance (Item 19)?
    Nautical Bowls has reviewed Item 19 figures for 6 location groups; Newks Eatery has reviewed Item 19 figures for 28 location groups. Different location groups are not directly comparable, and revenue is not profit.

    Answers restate the reviewed figures above. Not a ranking or recommendation.

    How Franopolis reviews FDD figures

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