Start-Up Costs and Fees |
||
| Salsarita's Fresh Cantina | Ricky's | |
| Investment | 283150 - 563900 | 800000 - 950000 |
| Franchise Fee | 0 | |
| Royalty Fee | 5% | 4.50% |
| Advertising Fee | 1% Nat'l 1.5% Local | 3% |
| Year Founded | 1999 | 1960 |
| Year Franchised | 2000 | 1978 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Salsarita's Fresh Cantina | Ricky's | |
| Experience | Industry experience General business experience Marketing skills Restaurant experience helpful | |
Financing Options |
||
| Salsarita's Fresh Cantina | Ricky's | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Salsarita's Fresh Cantina | Ricky's | |
| 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 |
||
| Salsarita's Fresh Cantina | Ricky's | |
| 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 | Alberta, British Columbia, Manitoba, New Brunswick, Nova Scotia, Saskatchewan | |
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Salsarita's Fresh Cantina | |
| Ricky's | |
| Franchise Fee | |
| Salsarita's Fresh Cantina | |
| Ricky's | |
| Royalty Fee | |
| Salsarita's Fresh Cantina | 5% |
| Ricky's | 4.50% |
| Advertising Fee | |
| Salsarita's Fresh Cantina | 1% Nat'l 1.5% Local |
| Ricky's | 3% |
| Year Founded | |
| Salsarita's Fresh Cantina | 1999 |
| Ricky's | 1960 |
| Year Franchised | |
| Salsarita's Fresh Cantina | 2000 |
| Ricky's | 1978 |
| Term Of Agreement | |
| Salsarita's Fresh Cantina | 10 years |
| Ricky's | |
| Renewal Fee | |
| Salsarita's Fresh Cantina | 15% of then-current fee |
| Ricky's | |
Business Experience Requirements |
|
| Experience | |
| Salsarita's Fresh Cantina | Industry experience General business experience Marketing skills Restaurant experience helpful |
| Ricky's | |
Financing Options |
|
| Franchise Fees | |
| Salsarita's Fresh Cantina | No |
| Ricky's | No |
| Start-up Costs | |
| Salsarita's Fresh Cantina | |
| Ricky's | |
| Equipment | |
| Salsarita's Fresh Cantina} | |
| Ricky's | |
| Inventory | |
| Salsarita's Fresh Cantina | |
| Ricky's | |
| Receivables | |
| Salsarita's Fresh Cantina | |
| Ricky's | |
| Payroll | |
| Salsarita's Fresh Cantina | |
| Ricky's | |
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. |
| Ricky's | |
| Support | |
| Salsarita's Fresh Cantina | Newsletter, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives |
| Ricky's | |
| Marketing | |
| Salsarita's Fresh Cantina | Co-op advertising, Ad slicks, Regional advertising |
| Ricky's | |
| 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) |
| Ricky's | |
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, |
| Ricky's | |
| Canada Expansion | |
| Salsarita's Fresh Cantina | |
| Ricky's | Alberta, British Columbia, Manitoba, New Brunswick, Nova Scotia, Saskatchewan |
| International Expansion | |
| Salsarita's Fresh Cantina | |
| Ricky's | |