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Below is an in-depth analysis and side-by-side comparison of La Salsa Fresh Mexican Grill vs Taste Of Mediterranean 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 | $99,000 - And Up |
Franchise Fee | $25,000 - $50,000 | $12,000 - $20,000 |
Royalty Fee | 5% | $1,000. a month, Flat Fee. |
Advertising Fee | 3% | 2% |
Year Founded | 1979 | 2004 |
Year Franchised | 1989 | 2007 |
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 | -/Yes |
Start-up Costs | No/No | -/Yes |
Equipment | No/No | -/Yes |
Inventory | No/No | -/Yes |
Receivables | No/No | -/- |
Payroll | No/No | -/- |
Training & Support |
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Training | 6-8 weeks management training & at grand opening | Full hands on trianing for 2 weeks at one of our location. |
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 | - |
Taste of Mediterranean offers great tasting Mediterranean specialty platters, appetizers, sandwiches, pitas, wraps, pizzas, and salads that customers love! We are proud of our great food. Now we are expanding to bring our delicious business opportunity to communities across Canada, USA and Beyond.As a franchisee, we offer you low start up costs, low franchise fees, and low royalties to help you get started with your successful new venture! We offer all our franchisees full training including business management, food management and cooking training. We offer you lease negotiation assistance and store set-up for a successful launch of your restaurant.