Multi-Unit Franchisee Magazine 2014 Multi-Unit Buyer's Guide | Page 69

MULTI-UNIT Buyer’s Guide FOOD Demographics Salsarita’s is an a highly coveted niche and has strong appeal in markets large and small with kids, teens and young professionals. OPPORTUNITY Description Here at Salsarita’s Fresh Cantina, we’re building a dynamic and authentic fastcasual Mexican brand, offering delicious food, made the way you want it and prepared every day in-house. From tortilla chips our customers truly rave about, to queso and customizable burritos, tacos, salads, bowls, quesadillas and nachos, to our signature salsas and fresh-made guacamole on the house, Salsarita’s Fresh Cantina thrives on making great Mexican fare fresh daily. Qualifications Salsarita’s welcomes single and multi-unit development agreements. During our discovery process, you will learn more about the Salsarita’s opportunity and the support we provide to our franchisees. The minimum financial requirements are $350,000 in liquid capital and a minimum net worth of $1M. Fast Franchise Facts Franchising Since: 2003 Total Franchise Operating Units: 70 Company Operating Units: 7 SITE LOCATION Assistance Capital Investment: $355,600 - $619,600 Franchise Fee (per unit): $30,000 Royalty Fee (per unit): 5% (2014 is 3% per growth incentive) Advertising Fee (per unit): 1% plus 1.5% spent locally Earnings Claims: Yes Build-Out Options: End-caps, inline, airports, campuses, mall locations, sports stadiums The Salsarita’s Fresh Cantina team works with franchisees to effectively navigate the many challenges of site selection and development. Available Territories: Continental US—Call for details Rankings & Awards CEO and franchising veteran Phil Friedman named one of the Top 5 Fast Casual Executives to watch in 2012. Contact Chris Bailey VP of Franchise Sales (704) 540-9447x202 [email protected] salsaritas.com MULTI-UNIT BUYER’S GUIDE 2014 67