Start-Up Costs and Fees |
||
| Salsarita's Fresh Cantina | Quaker Steak & Lube | |
| Investment | 283150 - 563900 | 1800000 - 3700000 |
| Franchise Fee | 0 | |
| Royalty Fee | 5% | 5% |
| Advertising Fee | 1% Nat'l 1.5% Local | 3% |
| Year Founded | 1999 | 1974 |
| Year Franchised | 2000 | 1997 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Salsarita's Fresh Cantina | Quaker Steak & Lube | |
| Experience | Industry experience General business experience Marketing skills Restaurant experience helpful | Quaker Steak & Lube is looking for franchise owners who will be passionate about the brand and philosophically aligned with our values and approach to operating a business. Criteria for a successful franchisee team: * Minimum $500,000 liquidity for single unit development and $1,000,000 liquidity for multi-unit development * Restaurant and/or operational experience * Strong understanding in executing Four-Walls and Local Marketing * Passion for guest service |
Financing Options |
||
| Salsarita's Fresh Cantina | Quaker Steak & Lube | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Salsarita's Fresh Cantina | Quaker Steak & Lube | |
| 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. | Available at headquarters: 8-10 weeks. |
| Support | Newsletter, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives |
| Marketing | Co-op advertising, Ad slicks, Regional advertising | Co-op advertising, National media, 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 |
||
| Salsarita's Fresh Cantina | Quaker Steak & Lube | |
| 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, | Nationwide, Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Guam, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming |
| Canada Expansion | ||
| International Expansion | Worldwide, |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Salsarita's Fresh Cantina | |
| Quaker Steak & Lube | |
| Franchise Fee | |
| Salsarita's Fresh Cantina | |
| Quaker Steak & Lube | |
| Royalty Fee | |
| Salsarita's Fresh Cantina | 5% |
| Quaker Steak & Lube | 5% |
| Advertising Fee | |
| Salsarita's Fresh Cantina | 1% Nat'l 1.5% Local |
| Quaker Steak & Lube | 3% |
| Year Founded | |
| Salsarita's Fresh Cantina | 1999 |
| Quaker Steak & Lube | 1974 |
| Year Franchised | |
| Salsarita's Fresh Cantina | 2000 |
| Quaker Steak & Lube | 1997 |
| Term Of Agreement | |
| Salsarita's Fresh Cantina | 10 years |
| Quaker Steak & Lube | |
| Renewal Fee | |
| Salsarita's Fresh Cantina | 15% of then-current fee |
| Quaker Steak & Lube | |
Business Experience Requirements |
|
| Experience | |
| Salsarita's Fresh Cantina | Industry experience General business experience Marketing skills Restaurant experience helpful |
| Quaker Steak & Lube | Quaker Steak & Lube is looking for franchise owners who will be passionate about the brand and philosophically aligned with our values and approach to operating a business. Criteria for a successful franchisee team: * Minimum $500,000 liquidity for single unit development and $1,000,000 liquidity for multi-unit development * Restaurant and/or operational experience * Strong understanding in executing Four-Walls and Local Marketing * Passion for guest service |
Financing Options |
|
| Franchise Fees | |
| Salsarita's Fresh Cantina | No |
| Quaker Steak & Lube | No |
| Start-up Costs | |
| Salsarita's Fresh Cantina | |
| Quaker Steak & Lube | |
| Equipment | |
| Salsarita's Fresh Cantina} | |
| Quaker Steak & Lube | |
| Inventory | |
| Salsarita's Fresh Cantina | |
| Quaker Steak & Lube | |
| Receivables | |
| Salsarita's Fresh Cantina | |
| Quaker Steak & Lube | |
| Payroll | |
| Salsarita's Fresh Cantina | |
| Quaker Steak & Lube | |
Training & Support |
|
| Training | |
| 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. |
| Quaker Steak & Lube | Available at headquarters: 8-10 weeks. |
| Support | |
| Salsarita's Fresh Cantina | Newsletter, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives |
| Quaker Steak & Lube | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives |
| Marketing | |
| Salsarita's Fresh Cantina | Co-op advertising, Ad slicks, Regional advertising |
| Quaker Steak & Lube | Co-op advertising, National media, Regional advertising |
| Operations | |
| 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) |
| Quaker Steak & Lube | |
Expansion Plans |
|
| US Expansion | |
| 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, |
| Quaker Steak & Lube | Nationwide, Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Guam, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming |
| Canada Expansion | |
| Salsarita's Fresh Cantina | |
| Quaker Steak & Lube | |
| International Expansion | |
| Salsarita's Fresh Cantina | |
| Quaker Steak & Lube | Worldwide, |