|
Below is an in-depth analysis and side-by-side comparison of Salsarita's Fresh Cantina vs Ricky's All Day Grill including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
||
Investment | $283,150 - $563,900 | $300,000 - And Up |
Franchise Fee | $30,000 | $45,000 |
Royalty Fee | 5% | 5% |
Advertising Fee | 1% Nat'l 1.5% Local | 3% |
Year Founded | 1999 | - |
Year Franchised | 2000 | - |
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. | - |
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.
Ricky’s All Day Grill is a thriving Canadian restaurant franchise with approximately 70 locations, with more under development across Canada. With continual partner support and one of the best restaurant franchise training programs in the country, opening your own Ricky’s All Day Grill is an excellent way to capitalize on 50+ years of casual full-service restaurant success.
Our proven systems, standards and training programs are among the best in the industry. We make restaurants work for you.
Ricky’s All Day Grill is about great service, great people and great food. Our commitment to friendly service sets the gold standard for our industry and our innovative menu and food features are designed to bring customers in - and keep them coming back.