Salsarita's Fresh Cantina

At a Glance

Products & Services: Mexican food

Number of Locations: 72

Total Investment: $483.6K - $684.1K

Founded: 1999

Began Franchising: 2000

About Salsarita's Fresh Cantina

Franchising since 2000, Charlotte, North Carolina-based Salsarita's Fresh Cantina has expanded primarily throughout the eastern half of the U.S. Salsarita's restaurants offer build-your-own burritos, bowls, tacos, salads, nachos, quesadillas, and Mexican pizzas, as well as sides, kid's meals, breakfast items and margaritas.

Franchise Units

Year U.S. Canadian International Company Owned
2015 64 0 0 8
2014 62 0 0 8
2013 69 0 0 7
2012 78 0 0 2
2011 80 0 0 2
Where Seeking Franchisees: Franchisor is seeking new franchise units in the following states:
Midwest, Northeast, South, Southeast.

Startup Costs, Ongoing Fees and Financing

Total Investment: $483,600 - $684,100
Franchise Fee: $30,000
Ongoing Royalty Fee: 5%
Term of Franchise Agreement: 10 years, renewable
Veteran Incentives: 10% off franchise fee
Financial Requirements
Net Worth: $2,000,000
Liquid Cash Available: $750,000
Operations
Number of employees needed to run franchised unit: 18. Absentee ownership of franchise is NOT allowed. (50% of current franchisees are owner/operators).
Financing Type In-House Third Party
Franchise Fee
Startup Costs
Equipment
Inventory
Accounts Receivable
Payroll

How This Franchise Supports Franchisees

Training: Available at headquarters: 27 days. At franchisee's location: 10 days.
Ongoing Support: Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Field operations/evaluations, Lease Negotiation
Marketing Support: Co-op advertising, Ad slicks, Regional advertising,
Other marketing support: Online

Franchise Ranking History

Franchise 500®: #460 (2013), #484 (2012), #260 (2011),