Salsarita's Fresh Cantina

At a Glance

Products & Services: Fast-casual Mexican restaurant

Number of Locations: 82

Total Investment: $355.6K - $619.6K

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
2013 75 0 0 7
2012 81 0 0 2
2011 78 0 0 2
2010 77 0 0 2
Where Seeking Franchisees: Franchisor is seeking new franchise units throughout the U.S.
Direct Capital

Startup Costs, Ongoing Fees and Financing

Total Investment: $355,600 - $619,600
Franchise Fee: $30,000
Ongoing Royalty Fee: 5%
Term of Franchise Agreement: 10 years, renewable
Financial Requirements
Net Worth: $600,000
Liquid Cash Available: $250,000
Operations
28% of all franchisees own more than one unit. Number of employees needed to run franchised unit: 18. Absentee ownership of franchise is NOT allowed. (50% of current franchisees are owner/operators).
Direct Capital
Financing Type In-House Third Party
Franchise Fee
Startup Costs
Equipment
Inventory
Accounts Receivable
Payroll

How This Franchise Supports Franchisees

Training: 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,

Franchise Ranking History

Franchise 500®: #460 (2013), #484 (2012), #260 (2011), #330 (2010),

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