|
Below is an in-depth analysis and side-by-side comparison of La Salsa Fresh Mexican Grill vs Manny's Grill including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
||
Investment | $189,550 - $992,590 | $171,235 - $516,652 |
Franchise Fee | $25,000 - $50,000 | $25,000 |
Royalty Fee | 5% | 5% |
Advertising Fee | 3% | - |
Year Founded | 1979 | 1993 |
Year Franchised | 1989 | 2007 |
Term Of Agreement | 10 years | - |
Term Of Agreement | 10 years | - |
Renewal Fee | - | - |
Business Experience Requirements |
||
Experience | First and foremost, you should be a "people person" who believes in making the customer your top priority. We're looking for hands-on operators with prior small business experience who will oversee the restaurant's day-to-day operation. Candidates should possess b sales and effective management abilities, combined with maturity and high standards. We seek people who are actively involved in their communities and have a well-established network of personal contacts. Finally, you must be able to meet the initial investment requirements. | |
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 | - |
Manny’s Neighborhood Grill, the full-service restaurant and bar
counterpart to the fast-casual Manny’s Mediterranean Cafe, serves up the
same delicious Mediterranean-style fare in a sit-down atmosphere. The
Mediterranean grill franchise has been recognized by several regional
publications for its ability to cater to a variety of customers.
We are looking for Entrepreneurs with exceptional interpersonal and customer service
skills, who possess prior small business experience and are comfortable
managing and handling day-to-day sales