|
Below is an in-depth analysis and side-by-side comparison of Salsarita's Fresh Cantina vs Ben & Florentine Restaurants including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
||
Investment | $283,150 - $563,900 | $619,650 - $817,800 |
Franchise Fee | $30,000 | $35,000 |
Royalty Fee | 5% | 6% |
Advertising Fee | 1% Nat'l 1.5% Local | - |
Year Founded | 1999 | 2008 |
Year Franchised | 2000 | 2008 |
Term Of Agreement | 10 years | - |
Term Of Agreement | 10 years | - |
Renewal Fee | 15% of then-current fee | - |
Business Experience Requirements |
||
Experience | - | |
Financing Options |
||
In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | No/Yes | -/- |
Start-up Costs | No/Yes | -/- |
Equipment | No/Yes | -/- |
Inventory | No/Yes | -/- |
Receivables | No/Yes | -/- |
Payroll | No/No | -/- |
Training & Support |
||
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. | * The owner/operator follows six (6) weeks of training. (Theoretical & Practical) * Grand opening training & assistance for two (2) weeks |
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 |
||
US Expansion | Yes | - |
Canada Expansion | No | Yes |
International Expansion | Yes | - |
Founded in 2000, Salsarita's Fresh Cantina is one of the fastest-growing Mexican fast-casual Mexican restaurant chains, recognized for its people, food and world-class hospitality. Customers can create delicious made-to-order meals from a flavorful Mexican menu that offers burritos, tacos, quesadillas, nachos, tortilla-crusted pizzas and salads with a wide selection of meats, fresh vegetables and homemade salsas in lively, family-friendly environment. For general information, please visit www.salsaritas.com or call 704-540-9447. For franchising information, please visit http://www.salsaritasfranchising.com or call 866.61SALSA.
DO IT RIGHT, DO IT DELICIOUS, DO IT THE "BEN & FLORENTINE" WAY The Canadian and American markets are full of new openings and business opportunities. Ben & Florentine Restaurants Inc. aims to develop its territory strategically with restaurants of a high caliber. The Franchisees of Ben & Florentine benefit from a turnkey concept with a well established team. Our services include market studies, site-selection, lease negotiations, architectural design, interior decoration, marketing and promotional support and ongoing training.