Salsarita's Fresh Cantina

Fresh-Mexican cantina

Background

Founded: 1999 Franchising since: 2000

2908 Oak Lake Blvd., #205
Charlotte, North carolina 28208

Phone:
(866)617-2572/ (704)540-9447

Franchisor is a privately-held company with 18 employee(s); 1 employee(s) in franchise department.

Franchise Growth

Year	U.S. Franchises	Canadian Franchises	Foreign Franchises	Company Owned
2009	74	0	0	2
2008	72	0	0	3
2007	73	0	0	2
2006	51	0	0	2
2005	51	0	0	2

Where Seeking Franchisees
In the U.S. Alaska, Alabama, Arkansas, Arizona, Colorado, Connecticut, Delaware, Florida, Georgia, Iowa, Idaho, Indiana, Kansas, Kentucky, Louisiana, Massachusetts, Maryland, Maine, Michigan, Minnesota, Missouri, Mississippi, Montana, Nebraska, North carolina, New hampshire, New jersey, New mexico, Nevada, New york, Ohio, Oklahoma, Pennsylvania, South carolina, Tennessee, Texas, Utah, Virginia, Vermont, West virginia, Wyoming
Outside the U.S.: Canada

Exclusive territories available.
Territory size: Varies

Costs and Fees

Total investment: $296.7K-577.1K
Franchise fee: $25K

Ongoing royalty fee: 5%
Term of agreement: 10 years, renewable

Express/kiosk option available

Type of Financing Available

	In-House	Third Party
Franchise Fee	No	No
Startup Costs	No	Yes
Equipment	No	Yes
Inventory	No	No
Accounts Receivable	No	No
Payroll	No	No

Qualifications
Net worth requirement: $600K
Cash liquidity requirement: $200K
Business Experience:

General business experience
Restaurant experience helpful

Operations

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)