Saladworks
#320

Initial Investment

LOW: $556,435
HIGH: $659,890

Change in Units

+100.0% +104 UNITS (1 Year)
+3.8% +4 UNITS (3 Years)

Promoted Opportunities

Company Profile

Founded

1986

Franchising Since

1992 (24 Years)

Corporate Address

Eight Tower Bridge, 161 Washington St., #300 Conshohocken, PA 19428

CEO

Paul Steck

Parent Company

Restaurant Co., LLC

About Saladworks

John Scardapane came up with the idea for Saladworks in 1986 while working in a country club as a chef. When he pitched the concept to a mall in New Jersey, though, they were skeptical about the idea of a salad-only restaurant, but Saladworks outsold the mall's other quick-service restaurants in its first year. The franchise's menu features signature salad recipes along with a create-your-own-salad option, as well as soups and sandwiches.

Financials

Financial Requirements

Initial Investment

$556,435 - $659,890

Net-worth Requirement

$1,500,000

Liquid Cash Requirement

$400,000

Ongoing Fees

Initial Franchise Fee

$30,000 - $35,000

Ongoing Royalty Fee

5%

Ad Royalty Fee

3%

Financing Options

Saladworks has relationships with third-party sources which offer financing to cover the following: 
startup costs, equipment, inventory

Franchise 500® Rank History

Highest Rank: 272

Lowest Rank: 479

Units (Locations)

Where Seeking Franchisees:
Franchisor is seeking new franchise units worldwide.

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Disclaimer

The Franchise 500 is not intended to endorse, advertise, or recommend any particular franchise. It is solely a research tool you can use to compare franchise operations. Entrepreneur stresses that you should always conduct your own independent investigation before investing money in a franchise.

Updated: October 15th, 2015

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