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Below is an in-depth analysis and side-by-side comparison of La Salsa Fresh Mexican Grill vs Hard Times Cafe including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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| Investment | $189,550 - $992,590 | $449,000 - $1,000,000 |
| Franchise Fee | $25,000 - $50,000 | $30,000 |
| Royalty Fee | 5% | - |
| Advertising Fee | 3% | - |
| Year Founded | 1979 | - |
| Year Franchised | 1989 | - |
| Term Of Agreement | 10 years | - |
| Term Of Agreement | 10 years | - |
| Renewal Fee | - | - |
Business Experience Requirements |
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| Experience | - | |
Financing Options |
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| 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 |
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| 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 |
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| US Expansion | - | - |
| Canada Expansion | No | - |
| International Expansion | Yes | - |
Hard Times Cafe and Hard Times Cafe & Cue is an American Chili Parlor with a 26 year history in the Washington DC area. World Famous for it's Chili recipes, Hard Times serves Chili, Chili Macs, Wings, Onion Rings, Nachos, Chili Dogs, Char-Grilled Burgers and more. To be considered as a Franchisee you must have 5 years restaurant operational experience with a minimum cash investment ability of $200,000 and sufficient net worth to secure financing for the development of a Hard Times Cafe.