Start-Up Costs and Fees |
||
| Ground Round I.O.C. | Salsarita's Fresh Cantina | |
| Investment | 995000 - 1800000 | 283150 - 563900 |
| Franchise Fee | 0 | |
| Royalty Fee | 3.50% | 5% |
| Advertising Fee | 1% Nat'l 1.5% Local | |
| Year Founded | 1969 | 1999 |
| Year Franchised | 1970 | 2000 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Ground Round I.O.C. | Salsarita's Fresh Cantina | |
| Experience | Industry experience General business experience Marketing skills Restaurant experience helpful | |
Financing Options |
||
| Ground Round I.O.C. | Salsarita's Fresh Cantina | |
| Franchise Fees | No | No |
| Start-up Costs | No | No |
| Equipment | No | No |
| Inventory | No | No |
| Receivables | No | No |
| Payroll | No | No |
Training & Support |
||
| Ground Round I.O.C. | Salsarita's Fresh Cantina | |
| Training | Training in Charlotte, NC at our "Burrito Bootcamp" for themselves and their manager. Salsarita's also helps you train your staff in the week prior to opening and running through the first full week of operation. We have Franchise Business Coaches available who can and will assist you in day-to-day operations and to make scheduled visits to your store. | |
| Support | Newsletter, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives | |
| Marketing | Co-op advertising, Ad slicks, Regional advertising | |
| Operations | International franchisees required to buy multiple units/master licenses; 20% of all franchisees own more than one unit Number of employees needed to run franchised unit: 10 Absentee ownership of franchise is allowed. (50% of current franchisees are owner/operators) | |
Expansion Plans |
||
| Ground Round I.O.C. | Salsarita's Fresh Cantina | |
| US Expansion | Alaska, Alabama, Arkansas, Arizona, Colorado, Connecticut, Delaware, Florida, Georgia, Iowa, Idaho, Indiana, Kansas, Kentucky, Louisiana, Massachusetts, Maryland, Maine, Michigan, Minnesota, Missouri, Mississippi, Montana, Nebraska, North Carolina, New Hampshire, New Jersey, New Mexico, Nevada, New York, Ohio, Oklahoma, Oregon, Pennsylvania, South Carolina, Tennessee, Texas, Utah, Virginia, Vermont, West Virginia, Wyoming, | |
| Canada Expansion | 0 | |
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Ground Round I.O.C. | |
| Salsarita's Fresh Cantina | |
| Franchise Fee | |
| Ground Round I.O.C. | |
| Salsarita's Fresh Cantina | |
| Royalty Fee | |
| Ground Round I.O.C. | 3.50% |
| Salsarita's Fresh Cantina | 5% |
| Advertising Fee | |
| Ground Round I.O.C. | |
| Salsarita's Fresh Cantina | 1% Nat'l 1.5% Local |
| Year Founded | |
| Ground Round I.O.C. | 1969 |
| Salsarita's Fresh Cantina | 1999 |
| Year Franchised | |
| Ground Round I.O.C. | 1970 |
| Salsarita's Fresh Cantina | 2000 |
| Term Of Agreement | |
| Ground Round I.O.C. | 10 years |
| Salsarita's Fresh Cantina | 10 years |
| Renewal Fee | |
| Ground Round I.O.C. | 50% of current royalty fee |
| Salsarita's Fresh Cantina | 15% of then-current fee |
Business Experience Requirements |
|
| Experience | |
| Ground Round I.O.C. | |
| Salsarita's Fresh Cantina | Industry experience General business experience Marketing skills Restaurant experience helpful |
Financing Options |
|
| Franchise Fees | |
| Ground Round I.O.C. | No |
| Salsarita's Fresh Cantina | No |
| Start-up Costs | |
| Ground Round I.O.C. | |
| Salsarita's Fresh Cantina | |
| Equipment | |
| Ground Round I.O.C.} | |
| Salsarita's Fresh Cantina | |
| Inventory | |
| Ground Round I.O.C. | |
| Salsarita's Fresh Cantina | |
| Receivables | |
| Ground Round I.O.C. | |
| Salsarita's Fresh Cantina | |
| Payroll | |
| Ground Round I.O.C. | |
| Salsarita's Fresh Cantina | |
Training & Support |
|
| Training | |
| Ground Round I.O.C. | |
| Salsarita's Fresh Cantina | Training in Charlotte, NC at our "Burrito Bootcamp" for themselves and their manager. Salsarita's also helps you train your staff in the week prior to opening and running through the first full week of operation. We have Franchise Business Coaches available who can and will assist you in day-to-day operations and to make scheduled visits to your store. |
| Support | |
| Ground Round I.O.C. | |
| Salsarita's Fresh Cantina | Newsletter, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives |
| Marketing | |
| Ground Round I.O.C. | |
| Salsarita's Fresh Cantina | Co-op advertising, Ad slicks, Regional advertising |
| Operations | |
| Ground Round I.O.C. | |
| Salsarita's Fresh Cantina | International franchisees required to buy multiple units/master licenses; 20% of all franchisees own more than one unit Number of employees needed to run franchised unit: 10 Absentee ownership of franchise is allowed. (50% of current franchisees are owner/operators) |
Expansion Plans |
|
| US Expansion | |
| Ground Round I.O.C. | |
| Salsarita's Fresh Cantina | Alaska, Alabama, Arkansas, Arizona, Colorado, Connecticut, Delaware, Florida, Georgia, Iowa, Idaho, Indiana, Kansas, Kentucky, Louisiana, Massachusetts, Maryland, Maine, Michigan, Minnesota, Missouri, Mississippi, Montana, Nebraska, North Carolina, New Hampshire, New Jersey, New Mexico, Nevada, New York, Ohio, Oklahoma, Oregon, Pennsylvania, South Carolina, Tennessee, Texas, Utah, Virginia, Vermont, West Virginia, Wyoming, |
| Canada Expansion | |
| Ground Round I.O.C. | 0 |
| Salsarita's Fresh Cantina | |
| International Expansion | |
| Ground Round I.O.C. | |
| Salsarita's Fresh Cantina | |