Spicy Pickle

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

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

• 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

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

Top New Ranking:
#32 (2008);