In 2024, Newk’s Eatery had several notable achievements, from expanding its franchise network to implementing operational and menu upgrades. The company expanded its footprint by reopening its Knoxville, Tennessee, location following a complete remodel. CEO Frank Paci said, “The store had previously closed due to complications in a franchisee buyout, but a deal with the landlord allowed it to reopen under the original ownership.”
In addition, the company entered into a new franchise agreement that includes three....