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Entrepreneur: Start & Grow Your Business

Spicy Pickle

Panini, salads, subs, soups, pizzetti

Background

Founded: 1999 Franchising since: 2003
90 Madison St., #700
Denver, Colorado 80206
Phone:
(303)297-1902


Franchisor is a privately-held company with 18 employee(s); 2 employee(s) in franchise department.

Franchise Growth
Year U.S. Franchises Canadian Franchises Foreign Franchises Company Owned
2009 30 0 0 7
2008 34 0 0 8
2007 36 0 0 1
2006 12 0 0 1
2005 9 0 0 1

Where Seeking Franchisees
In the U.S. Alaska, Alabama, Arkansas, Arizona, California, Colorado, Connecticut, Delaware, Florida, Georgia, Hawaii, Iowa, Idaho, Illinois, Indiana, Kansas, Kentucky, Louisiana, Massachusetts, Maryland, Maine, Michigan, Minnesota, Missouri, Mississippi, Montana, Nebraska, North carolina, North dakota, New hampshire, New jersey, New mexico, Nevada, New york, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode island, South carolina, South dakota, Tennessee, Texas, Utah, Virginia, Vermont, Washington, Wisconsin, West virginia, Wyoming
Outside the U.S.: Canada, Middle east, Mexico, South america

Exclusive territories available.
Territory size: Based on business & residential population

Costs and Fees

Total investment: $250K-350K
Franchise fee: $45K
Ongoing royalty fee: 5%
Term of agreement: 10 years, renewable


Type of Financing Available
In-House Third Party
Franchise Fee No Yes
Startup Costs No Yes
Equipment No Yes
Inventory No Yes
Accounts Receivable No Yes
Payroll No Yes

Qualifications
Net worth requirement: $500K
Cash liquidity requirement: $150K
Business Experience:
  • Industry experience
  • General business experience
  • People skills

Operations
  • 70% of all franchisees own more than one unit
  • Number of employees needed to run franchised unit: 12 - 15
  • Absentee ownership of franchise is allowed. (95% of current franchisees are owner/operators)

Training and Support

Training
  • Available at headquarters: 4 weeks
  • At franchisee's location: 10 days

Ongoing Support
  • Meetings
  • Grand opening
  • Internet
  • Security/safety procedures
  • Field operations/evaluations

Marketing Support
  • Co-op advertising
  • Ad slicks
  • National media
  • Regional advertising

Other marketing support
  • Marketing program

Rankings

Franchise 500® rank:
#395 (2009); #404 (2008);

Top New Ranking:
#32 (2008);