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Food & Restaurant Franchise Opportunity - Food & Restaurant Franchise Business for Sale

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Food & Restaurants

SaladWorks

saladworks.gifFrom the time entrepreneurial chef John Scardapane opened the first Saladworks in Cherry Hill, NJ in 1986, the enterprise has emerged as a leader in the quick-casual food arena offering tasty and healthy alternatives to other fast food chains. By giving customers only the freshest ingredients expertly prepared in front of them, Saladworks has developed a unique, proven and successful concept.
Saladworks, the nation’s first and largest fresh-tossed salad franchise concept, operates over 100 franchise locations in nine states. Building on our enormous success, Saladworks is undergoing a massive growth spurt. With the addition of Commerce Bank founder Vernon W. Hill, II to the executive team, Saladworks has entered a “turbo charged” growth phase and is now coast to coast serving fanatic’ly fresh products across the country. Saladworks locations offer a healthy menu of flavorful salads with signature dressings, as well as complimentary menu items.

Background

Year Established: 1986
Year First Franchised: 2001
Franchised Units: 101
Company Owned Units: 3
Projected New Units (12 months): 30
States/Countries Registered In: All US, No international
Availability in Canada: Masters / Area Developer: N/A
States, from which Broker Referrals are being accepted: No referrals for Florida, we are currently operating under old Area Developer agreement

Financial/Terms

Cash Investment: $175K per location
Total Investment: $381,150 to $698,400 per location
Minimum Net Worth: $500K per location
Franchise Fee: $35k
Discounts: VetFran, Women, Minorities? No
VetFran Program Participant: No
Royalty: 5%
Ad: 3% (or 1.5% for Mall Food Courts)
Average # of Employees: 20
Passive Ownership Allowed: No
Earnings Claims: Yes

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