|
Below is an in-depth analysis and side-by-side comparison of Spicy Pickle vs The Salad Bowl Cafe including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
||
Investment | $300,000 | $100,000 - $250,000 |
Franchise Fee | $30,000 | N/A |
Royalty Fee | 5% | - |
Advertising Fee | - | - |
Year Founded | 1999 | - |
Year Franchised | 2003 | - |
Term Of Agreement | 10 years | - |
Term Of Agreement | 10 years | - |
Renewal Fee | 20% 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/No | -/- |
Receivables | No/No | -/- |
Payroll | No/No | -/- |
Training & Support |
||
Training | - | - |
Support | Meetings, Grand opening, Internet, Field operations/evaluations | - |
Marketing | Co-op advertising, Ad slicks, National media, Regional advertising | - |
Operations |
50% of all franchisees own more than one unit Number of employees needed to run franchised unit: 12 - 15
Absentee ownership of franchise is allowed. (95% of current franchisees are owner/operators) | - |
Expansion Plans |
||
US Expansion | - | - |
Canada Expansion | No | - |
International Expansion | No | - |
Spicy Pickle is looking for experienced restaurant operators who also have the financial ability and marketing expertise to develop territory. Spicy Pickle restaurants are in relatively small footprints and can, when properly developed, operated and marketed, produce attractive returns for the investment. Spicy pickle has earned a reputation for serving delicious culinary inspired food that caters mostly to the daytime working populations in a fast casual atmosphere. We are looking for franchisees who have earned a similar reputation for success in their hometowns and are looking for this type of opportunity. If this describes you we encourage you make application and set up a visit to our Corporate headquarters. Be prepared to present a business plan for the roll out of Spicy Pickle restaurants in your chosen development area. We have in place the infrastructure to assist you from initial financial projections to site selection and lease negotiation to build-out assistance, training, grand opening and ongoing marketing and operational support. We are experienced franchisors and restaurant operators and are looking for franchisee partners to help expand the brand. What we need you to have: * Significant business experience and references, preferably in the retail environment and specifically in restaurant operations. * Sufficient financial strength to open several Spicy Pickle restaurants as locations become available (at least $1 Million dollars of liquidity). * Strong ties to the local community. * A desire to build, own and operate your own business, and entrepreneur. * Enthusiasm and the ability to wake up every day with an opportunistic attitude.
As a franchisee, you have buying power, the power not of one, but of all The Salad Bowl franchisees around the country. Your contracts for the freshest produce, the best ingredients for soups, the finest quality wholesale providers for uniforms, equipments and signage are in place and ready for you to benefit from immediately. When you open the doors to your new The Salad Bowl, you will have been trained in every aspect of the business. Our training takes place at our corporate headquarters and in our company owned stores allowing you to receive hands on training. In addition, our staff with be with you when the doors open to make sure your investment moves in the right direction from day one. It is our belief that your success is our success and not vice versa. Our success in offering the very freshest ingredients at a very competitive price has won the praise of our customers and corporate entities wanting to have access to quality healthy food for their employees at corporate luncheons, business meetings and other company functions. Our high standards have solidified ongoing working relationships with high profile hotel chains offering The Salad Bowl and or its franchisees the opportunity to locate within or adjacent to their hotels to provide a healthy alternative for their hotel guests. Give us a call to see what prime locations may be available in your market that could increase your opportunity for rapid success. Franchises are available throughout the U.S. and abroad o Individual franchise ownership o Area development opportunities o Master license opportunities