5/10

Franchimp Summary Rating

5 /10
Higher than 58% of peers

Franchise Summary

Description
Salsarita’s Franchising, LLC (“SF”) offers franchises for restaurants specializing in fast casual Mexican food, including burritos, soft tacos, quesadillas, fajitas, salads, nachos and other items approved by SF.
Company Background
Salsarita's Fresh Mexican Grill, Inc. (NASDAQ: SRLT) is a fast-casual restaurant chain specializing in fresh, made-to-order guacamole and salsas that are prepared right in front of customers. Founded by entrepreneurs Carlos Arana and Chris Davenport who wanted to bring the taste of their favorite Mexican restaurant home with them, Salsarita's offers freshly handcrafted food at affordable prices.
Franchise Opportunity
If you're craving Mexican food, but don't have time to make it at home, Salsarita's is the place for you. We are a fast-casual restaurant that offers high quality food in an assembly line format. This means we can get your meal out quickly and still offer fresh ingredients and authentic flavors. Our menu features fresh made guacamole, hand pressed tortillas, grilled meats and veggies on the grill right before your eyes! With our customizable options like burritos or tacos with more than 20 different fillings , there's something for everyone at Salsarita's Fresh Mexican Grill!
Corporate Structure
Salsarita’s Franchising, LLC is a Mississippi limited liability company formed on April 19, 2011. Their principal place of business is 4601 Charlotte Park Drive, Suite 250, Charlotte, NC 28217. They have been offering franchises for Salsarita’s Fresh Mexican Grill restaurants since July 19, 2011 although, before the issuance date of this Franchise Disclosure Document, the franchises were offered under the name “Salsarita’s Fresh Cantina®”.

Franchise Types Available

# Type Investment Fees

Employee Contact Database

# Name Position Phone Number Email Address

Distribution of Salsarita's Fresh Mexican Grill Franchisees

Salsarita's Fresh Mexican Grill Franchise System Development in 2022

FAQ

How much investment do I need to start my own Salsarita's Fresh Mexican Grill business?
Franchisees typically require at least $371 to $856 investment to get their Salsarita's Fresh Mexican Grill business started
What are the initial franchise fees for Salsarita's Fresh Mexican Grill?
Franchisees typically need to pay at least $30 in fees directly to Salsarita's Fresh Mexican Grill in order to earn the right to launch their business
How much money can I make with a Salsarita's Fresh Mexican Grill franchise? What are the average revenues for a typical Salsarita's Fresh Mexican Grill business?
We haven’t done the math on how much revenue a typical Salsarita's Fresh Mexican Grill brings in each year. We estimate that other franchisees in the Food & Beverage industry generate $1,201,697 revenue, so we would expect Salsarita's Fresh Mexican Grill to generate a similar amount
How long do I need to commit to running a Salsarita's Fresh Mexican Grill unit? What is my contractual commitment?
The standard length for an initial franchise contract is 10 years. Renewals are also generally 10 years

Accessibility

5 /10
The Franchisor's investment costs ranges from $371,400 to $856,100 which is Much Higher than the $0 to $0 average in the QSR industry
What determines the investment cost?
Item 7 of the Franchise Disclosure Document lays out the full list of initial investment costs, including the fee payable to the franchisor, security deposits, equipment, professional fees etc

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