Start-Up Costs and Fees |
||
| Ruby Tuesday | Salsarita's Fresh Cantina | |
| Investment | 1559650 - 3877400 | 283150 - 563900 |
| Franchise Fee | 0 | |
| Royalty Fee | 4% of gross sales | 5% |
| Advertising Fee | 1.5% of gross sales | 1% Nat'l 1.5% Local |
| Year Founded | 1972 | 1999 |
| Year Franchised | 1997 | 2000 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Ruby Tuesday | Salsarita's Fresh Cantina | |
| Experience | Industry experience General business experience Marketing skills Restaurant experience helpful | |
Financing Options |
||
| Ruby Tuesday | Salsarita's Fresh Cantina | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Ruby Tuesday | 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 |
||
| Ruby Tuesday | 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 | |
| Ruby Tuesday | |
| Salsarita's Fresh Cantina | |
| Franchise Fee | |
| Ruby Tuesday | |
| Salsarita's Fresh Cantina | |
| Royalty Fee | |
| Ruby Tuesday | 4% of gross sales |
| Salsarita's Fresh Cantina | 5% |
| Advertising Fee | |
| Ruby Tuesday | 1.5% of gross sales |
| Salsarita's Fresh Cantina | 1% Nat'l 1.5% Local |
| Year Founded | |
| Ruby Tuesday | 1972 |
| Salsarita's Fresh Cantina | 1999 |
| Year Franchised | |
| Ruby Tuesday | 1997 |
| Salsarita's Fresh Cantina | 2000 |
| Term Of Agreement | |
| Ruby Tuesday | |
| Salsarita's Fresh Cantina | 10 years |
| Renewal Fee | |
| Ruby Tuesday | |
| Salsarita's Fresh Cantina | 15% of then-current fee |
Business Experience Requirements |
|
| Experience | |
| Ruby Tuesday | |
| Salsarita's Fresh Cantina | Industry experience General business experience Marketing skills Restaurant experience helpful |
Financing Options |
|
| Franchise Fees | |
| Ruby Tuesday | |
| Salsarita's Fresh Cantina | |
| Start-up Costs | |
| Ruby Tuesday | |
| Salsarita's Fresh Cantina | |
| Equipment | |
| Ruby Tuesday} | |
| Salsarita's Fresh Cantina | |
| Inventory | |
| Ruby Tuesday | |
| Salsarita's Fresh Cantina | |
| Receivables | |
| Ruby Tuesday | |
| Salsarita's Fresh Cantina | |
| Payroll | |
| Ruby Tuesday | |
| Salsarita's Fresh Cantina | |
Training & Support |
|
| Training | |
| Ruby Tuesday | |
| 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 | |
| Ruby Tuesday | |
| Salsarita's Fresh Cantina | Newsletter, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives |
| Marketing | |
| Ruby Tuesday | |
| Salsarita's Fresh Cantina | Co-op advertising, Ad slicks, Regional advertising |
| Operations | |
| Ruby Tuesday | |
| 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 | |
| Ruby Tuesday | |
| 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 | |
| Ruby Tuesday | 0 |
| Salsarita's Fresh Cantina | |
| International Expansion | |
| Ruby Tuesday | |
| Salsarita's Fresh Cantina | |