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Below is an in-depth analysis and side-by-side comparison of Saladworks vs My Friend's Place including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $210,607 - $534,084 | $156,650 - $260,400 |
Franchise Fee | $35,000 | $20,000 |
Royalty Fee | 5% | 5% |
Advertising Fee | 3% | 1% |
Year Founded | 1986 | 1980 |
Year Franchised | 1992 | 1980 |
Term Of Agreement | - | - |
Term Of Agreement | - | - |
Renewal Fee | $17500 | - |
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 | - | 1. Headquarters 12 Business Days 2. Franchisee Site 12 Business Days |
Support | - | Field Operation Evaluation Field Training: At Additional Cost Initial Store Opening Inventory Control: At Additional Cost |
Marketing | - | - |
Operations | - | Average Number of Employees: 2 Full-time, 2 Part-time Passive Ownership: Not Allowed |
Expansion Plans |
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US Expansion | Yes | Yes |
Canada Expansion | No | - |
International Expansion | No | - |
A Fresh Opportunity Saladworks offers customers a quick, healthy meal made from the freshest, top-quality ingredients that satisfies even the heartiest appetite. Its what keeps our customers coming back again and again. Not only is Saladworks showing amazing growth but also the majority of our franchisees go on to open additional locations.
A quality franchise opportunity for your financial independence and future. Our restaurants cater to the quality-oriented customer interested in a quick, yet light and healthy lunch, specializing in sandwiches, salads, soups and home-made desserts. MY FRIEND'S PLACE is a 'Fresh Food Express!'