|
Below is an in-depth analysis and side-by-side comparison of Salad Creations Inc. vs Togo's Eateries, LLC including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
||
Investment | $200,000 - $225,000 | $240,500 - $545,700 |
Franchise Fee | $25,000 | $30,000 |
Royalty Fee | 6% | 5% |
Advertising Fee | - | 3% |
Year Founded | 2002 | 1971 |
Year Franchised | 2004 | 1977 |
Term Of Agreement | 10 years | 10 years, renewable |
Term Of Agreement | 10 years | 10 years, renewable |
Renewal Fee | $5000 | - |
Business Experience Requirements |
||
Experience | - | We're looking for franchisees with an entrepreneurial spirit and the willingness to work hard. Franchisees invest in us because they know how great our sandwiches are and how much our loyal guests love them. To invest in our great organization, a single restaurant development requires $150,000 in liquid assets and a net worth of $300,000. Three or more restaurant developments require $450,000 in liquid assets and a net worth of $900,000. |
Financing Options |
||
In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | No/No | -/No |
Start-up Costs | No/No | -/Yes |
Equipment | No/Yes | -/Yes |
Inventory | No/Yes | -/Yes |
Receivables | No/No | -/Yes |
Payroll | No/No | -/Yes |
Training & Support |
||
Training | - | As Togo's sandwich franchise owner, you and/or your designated manager will be enrolled in an extensive training program that covers all aspects of restaurant operations - running and marketing the business. The training includes eight hours of food safety certification; a week of classroom training at our headquarters in San Jose, which covers business operations, bookkeeping, marketing, and systems for overseeing and managing your business; three weeks of on-the-job operations training at a Togo's restaurant, learning to make sandwiches, manage inventory, and use the point of sale system. On-The-Job Training: 120 hours Classroom Training: 24 hours |
Support | The Salad Creations marketing team maintains a full calendar of promotions and local store marketing support to maximize new guest traffic, encourage dining frequency and increase average check. Franchisee marketing support begins with a standard grand opening package design to provide a strong initial impact in each new franchisee's market and deliver incentive for guest trial. Throughout the year, franchisees are provided with turn-key corporate promotions that support brand initiatives as well as seasonal and holiday opportunities. Franchisees also receive year-round marketing support through such foundational programs as the frequent dinner card, customer e-mail communications and persuasive in-store displays. Throughout the year, franchisees also participate in ready-made local store marketing programs tailored for their particular guest demographic or specific neighborhood profile. Salad Creations utilizes a company-wide communication intranet system that enables efficient communication throughout the organization. We provide up-to-date information that is easily accessible at your fingertips. The Salad Creations Team is committed to maintaining personal relationships with each franchisee, area developer, employee and vendor associated with Salad Creations. | Our ongoing support sets Togo's apart. We group our restaurants into three districts: Northern California, Southern California, and New and Emerging Markets. Each group is overseen by a Vice President of Franchise Operations, who manages a team of Franchise Business Consultants. The Franchise Business Consultants help franchisees track key performance indicators, solve operational challenges, and boost performance. We also provide support with: Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform |
Marketing | Salad Creations is dedicated to providing franchisees with the tools they need to prosper in their local markets. The Salad Creations marketing team also aggressively promotes the brand on a nationwide level to increase awareness of the concept and fuel growth of the chain. | Co-op Advertising Ad Templates Regional Advertising Social media SEO Website development Email marketing Loyalty program/app |
Operations | - | Number of Employees Required to Run: 14 - 25 |
Expansion Plans |
||
US Expansion | - | Yes |
Canada Expansion | No | - |
International Expansion | No | - |
What if you could make the world around you a better place? Seems like a tough challenge. And yes, it is. But just like every endeavor, you have to start somewhere and from there things, well, just gain momentum. Well, at least that’s what we, at Salad Creations, believe. That’s why we pride ourselves on creating great tasting, fresh, chopped salads that are healthy for you. But, for us, those salads are just the beginning of what we truly create.
We believe that the goodness we create makes your world a better place. That’s because every time you walk through our doors, you’ll feel better about yourself and the decision you made. And we hope you’ll share this newfound happiness with those around you. From there, this goodness will spread throughout your community, inspiring and exciting others to do good things for themselves and their world.
Salad Creations was developed to meet the growing needs of the lifestyle minded consumer who desires a great, fresh, delicious meal as an alternative to the typical fast food available today.