La Salsa Fresh Mexican Grill

La Salsa Fresh Mexican Grill

Mexican food
Units as of 2020
N/A Yearly Data not available
2020 Franchise 500 Rank
N/R Not ranked last year
Initial investment
$190K - $993K

Company Overview

Howdy Kabrins founded La Salsa, a chain of fresh-Mex restaurants, in Los Angeles in 1979. La Salsa restaurants are located in malls, strip centers and Las Vegas casinos. There are also freestanding La Salsa locations with drive-thrus. Each restaurant sells items such as burritos and tacos made with chicken, steak, shrimp and Mahi Mahi.

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About La Salsa Fresh Mexican Grill

Industry
Food
Related Categories
Mexican Food, Food,
Founded
1979
Parent Company
MTY Franchising USA Inc.
Leadership
Stanley MA, CEO
Ticker Symbol
MTY

Franchising Overview

Franchising Since
1989 (32 years)
# of employees at HQ
227
Where seeking
Franchisor is seeking new franchise units worldwide.

Franchisor Information

Corporate Address
9311 E. Via De Ventura
Scottsdale, AZ 85258

Information for Franchisees

Here’s what you need to know if you’re interested in opening a La Salsa Fresh Mexican Grill franchise.

Financial Requirements & Ongoing Fees

Here’s what you can expect to spend to start the business and what ongoing fees the franchisor charges throughout the life of the business.

Initial Franchise Fee
$25,000 - $50,000
Initial Investment
$189,550 - $992,590
Net Worth Requirement
$500,000
Cash Requirement
$250,000
Royalty Fee
5%
Ad Royalty Fee
3%
Term of Agreement
10
Is franchise term renewable?
Yes

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Financing Options

Some franchisors offer in-house financing, while others have relationships with third-party financing sources to which they refer qualified franchisees.

Third Party Financing
La Salsa Fresh Mexican Grill has relationships with third-party sources which offer financing to cover the following: franchise fee, startup costs, equipment

Training & Support Offered

Franchisors offer initial training programs and a variety of ongoing support options to help franchisees run their businesses.

On-The-Job Training
197 hours
Classroom Training
320-520 hours
Additional Training
6 weeks management training & at grand opening
Ongoing Support
Newsletter
Toll-Free Line
Grand Opening
Online Support
Security & Safety Procedures
Field Operations
Franchisee Intranet Platform
Marketing Support
Co-op Advertising
Ad Templates
National Media
Regional Advertising
Social Media
SEO
Website Development
Email Marketing
Loyalty Program/App

Operations

Additional details about running this franchise.

Is absentee ownership allowed?
No
# of employees required to run
12
Are exclusive territories available?
No

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The Franchise 500 is not intended to endorse, advertise, or recommend any particular franchise. It is solely a research tool you can use to compare franchise operations. Entrepreneur stresses that you should always conduct your own independent investigation before investing money in a franchise.
Updated: October 23rd, 2020
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