Salsarita's Fresh Cantina
Fresh-Mexican cantinaBackground
Founded: 1999 Franchising since: 2000
Franchisor is a privately-held company with 18 employee(s); 1 employee(s) in franchise department.
Franchise Growth
Where Seeking Franchisees
In the U.S. Alaska, Alabama, Arkansas, Arizona, Colorado, Connecticut, Delaware, Florida, Georgia, Iowa, Idaho, Indiana, Kansas, Kentucky, Louisiana, Massachusetts, Maryland, Maine, Michigan, Minnesota, Missouri, Mississippi, Montana, Nebraska, North carolina, New hampshire, New jersey, New mexico, Nevada, New york, Ohio, Oklahoma, Pennsylvania, South carolina, Tennessee, Texas, Utah, Virginia, Vermont, West virginia, Wyoming
Outside the U.S.: Canada
Exclusive territories available.
Territory size: Varies
|
2908 Oak Lake Blvd., #205 Charlotte, North carolina 28208 |
Phone: (866)617-2572/ (704)540-9447 |
Franchisor is a privately-held company with 18 employee(s); 1 employee(s) in franchise department.
Franchise Growth
| Year | U.S. Franchises | Canadian Franchises | Foreign Franchises | Company Owned |
| 2009 | 74 | 0 | 0 | 2 |
| 2008 | 72 | 0 | 0 | 3 |
| 2007 | 73 | 0 | 0 | 2 |
| 2006 | 51 | 0 | 0 | 2 |
| 2005 | 51 | 0 | 0 | 2 |
Where Seeking Franchisees
In the U.S. Alaska, Alabama, Arkansas, Arizona, Colorado, Connecticut, Delaware, Florida, Georgia, Iowa, Idaho, Indiana, Kansas, Kentucky, Louisiana, Massachusetts, Maryland, Maine, Michigan, Minnesota, Missouri, Mississippi, Montana, Nebraska, North carolina, New hampshire, New jersey, New mexico, Nevada, New york, Ohio, Oklahoma, Pennsylvania, South carolina, Tennessee, Texas, Utah, Virginia, Vermont, West virginia, Wyoming
Outside the U.S.: Canada
Exclusive territories available.
Territory size: Varies
Costs and Fees
|
Total investment: $296.7K-577.1K Franchise fee: $25K |
Ongoing royalty fee: 5% Term of agreement: 10 years, renewable |
Type of Financing Available
| In-House | Third Party | |
| Franchise Fee | No | No |
| Startup Costs | No | Yes |
| Equipment | No | Yes |
| Inventory | No | No |
| Accounts Receivable | No | No |
| Payroll | No | No |
Qualifications
Net worth requirement: $600K
Cash liquidity requirement: $200K
Business Experience:
- General business experience
- Restaurant experience helpful
Operations
- 20% of all franchisees own more than one unit
- Number of employees needed to run franchised unit: 10
- Absentee ownership of franchise is allowed. (50% of current franchisees are owner/operators)
Training and Support
Training
Ongoing Support
Marketing Support
- Available at headquarters: 3 weeks
- At franchisee's location: 2 weeks
Ongoing Support
- Newsletter
- Grand opening
- Internet
- Security/safety procedures
- Field operations/evaluations
- Purchasing cooperatives
Marketing Support
- Co-op advertising
- Ad slicks
- Regional advertising
Rankings
Franchise 500® rank:
#411 (2009); #460 (2008); #243 (2007); #410 (2006);
America's Top Global Franchises:
#187 (2008);
#411 (2009); #460 (2008); #243 (2007); #410 (2006);
America's Top Global Franchises:
#187 (2008);