La Salsa Fresh Mexican Grill vs IHOP Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of La Salsa Fresh Mexican Grill vs IHOP including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
Investment |
$189,550 - $992,590 | $414,866 - $3,374,043 |
Franchise Fee |
$25,000 - $50,000 | $40,000 - $50,000 |
Royalty Fee |
5% | 4.5% |
Advertising Fee |
3% | 3.5% |
Year Founded |
1979 | 1958 |
Year Franchised |
1989 | 1960 |
Term Of Agreement |
10 years | - |
Term Of Agreement |
10 years | - |
Renewal Fee |
- | - |
Business Experience Requirements |
Experience |
Industry experience | - |
Financing Options |
|
In-House/3rd Party | In-House/3rd Party |
Franchise Fees |
No/No | -/- |
Start-up Costs |
No/No | -/- |
Equipment |
No/No | -/- |
Inventory |
No/No | -/- |
Receivables |
No/No | -/- |
Payroll |
No/No | -/- |
Training & Support |
Training |
6-8 weeks management training & at grand opening | - |
Support |
Meetings, Field operations/evaluations, Purchasing cooperatives | - |
Marketing |
Co-op advertising, Ad slicks | - |
Operations |
Franchisees required to buy multiple units/master licenses; 80% of all franchisees own more than one unit Number of employees needed to run franchised unit: 12
Absentee ownership of franchise is allowed. (70% of current franchisees are owner/operators) | - |
Expansion Plans |
US Expansion |
- | - |
Canada Expansion |
No | - |
International Expansion |
Yes | - |
Company Overviews
About La Salsa Fresh Mexican Grill
La Salsa offers customized administration and highlight crisply arranged menu things made without fat, additives, or manufactured added substances. In 1979 La Salsa initially opened as a chain of Mexican "taquerias". These were neighborhood eateries where local people and gourmets alike, accumulate to eat the "claim to fame of the house" - the delicate tacos, which are so much a part of the Mexican culture.
Today, La Salsa claims and works an extending chain of brisk, easygoing eateries spend significant time in tacos, burritos and different things served in the style of Mexico.
La Salsa takes time-honored traditional recipes inspired by the unique
cuisines of the various regions of Mexico and brings them to life in a
bold, fresh and healthy way.
About IHOP
The IHOP restaurant chain has been serving a wide variety of breakfast, lunch and dinner selections for more than 57 years. IHOP enjoys a rich heritage and almost universal awareness. Our brand has been built upon the strenght of our franchisees, vendors partners and dedicated employees.
IHOP restaurants are franchised and operate by Glendale, California based IHOP Corp. There are over 1,280 IHOP restaurants in the U.S. and Canada.
The total investment necessary to begin operation of an IHOP franchise at a non-traditional venue is as follows:
- Full-Service Program: $693,266 to $3,374,043
- IHOP Limited-Service Program: $414,866 to $1,427,418
This includes Initial Fees of $39,000 to $79,480 per Full-Service
Restaurant and $23,500 to $48,480 per IHOP Limited-Service Restaurant to
be developed which must be paid to the Franchisor or an IHOP Affiliate.