Jackson, Miss. — Newk’s Eatery has inked a new development agreement with franchisee C^2 Investment Partners, LLC. The multi-unit operator will open six Newk’s locations in the Atlanta area over the next 4 years and has purchased the existing Newk’s on Briarcliff Road in Atlanta.
The agreement is part of Newk’s growth plans to double in size in the next 3 years. The chain currently has more than 100 units in 13 states, predominantly in the Southeast.
C^2 Investment Partners, LLC, is owned by Brent Cann and Doug Cullinan. Operating Partner Lynn Townsend, a longtime resident of the Atlanta area, brings more than 20 years of hospitality and restaurant experience to the group.
“The Atlanta market is an important part of our rapid growth plans, but it’s not enough to just sign deals and get restaurants open quickly — we need those restaurants to uphold the brand standards that are the reason for Newk’s success,” says Chris Cheek, Newk’s chief development officer.
Based in Jackson, Miss., Newk’s Eatery is a leading fast-casual chain. Founded in 2004, Newk’s currently operates and franchises more than 100 units in 13 states. The company’s newest restaurants feature a “Generation 2” design. For more information, visit Newks.com.
SOURCE: Newk’s Eatery