Rank no.460 – Salsarita’s Fresh Cantina – US
Products & Services: Fast-casual Mexican restaurant
Number of Locations: 82
Total Investment: $355.6K – 619.59K
Began Franchising: 2000
About Salsarita’s Fresh Cantina
Franchising since 2000, Charlotte, North Carolina-based Salsarita’s Fresh Cantina has expanded primarily throughout the eastern half of the U.S. Salsarita’s restaurants offer build-your-own burritos, bowls, tacos, salads, nachos, quesadillas, and Mexican pizzas, as well as sides, kid’s meals, breakfast items and margaritas.
Where Seeking Franchisees: Franchisor is seeking new franchise units throughout the U.S.
Startup Costs, Ongoing Fees and Financing
Total Investment: $355,600 – $619,600
Franchise Fee: $30,000
Ongoing Royalty Fee: 5%
Term of Franchise Agreement: 10 years, renewable
Net Worth: $600,000
Liquid Cash Available: $250,000
28% of all franchisees own more than one unit. Number of employees needed to run franchised unit: 18. Absentee ownership of franchise is NOT allowed. (50% of current franchisees are owner/operators).
How This Franchise Supports Franchisees
Training: Available at headquarters: 3 weeks. At franchisee’s location: 2 weeks.
Ongoing Support: Newsletter, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives
Marketing Support: Co-op advertising, Ad slicks, Regional advertising,
Franchise Ranking History
Franchise 500®: #460 (2013), #484 (2012), #260 (2011), #330 (2010), #411 (2009),
Since our beginnings in Charlotte, NC in 2000 we have worked to perfect the notion that a restaurant should be fast and friendly but also casual and delicious like no other. Today, we have locations in 19 states and are adding more almost every day. (Franchising opportunities are available.)
If it’s fresh Mexican you want, we’ve got it. Signature CasaRitos, Cantizza Mexican pizzas, house made salsas, “Rita’s” frozen beverages, great combinations, and family specials. All made your way with toppings galore. Plus … fresh-made guacamole that’s always on the house. For a quick bite or a stay-as-long-as-you-like meal, Salsarita’s is the place.
Hospitality is a core value at Salsarita’s Fresh Cantina. Hospitality comes in many forms but in its most basic form it is the act of welcoming another and making them feel at home. Too many families in America today have no place to call home, no place to feel welcome or to welcome others. By some estimates, over 3.5 Million Americans will experience homelessness this year; of that number 1.6 million are the children of homeless families. The causes of homelessness are numerous, but its impact is singularly painful.
The Caring Cantina was created to help fight homelessness and to engender a spirit of true hospitality for the families in our communities. Through volunteer efforts, community engagement and the entrepreneurial drive of our franchisee partners, the Caring Cantina donates time, food and resources to local, not-for-profit organizations working to help families overcome homelessness and make our communities a haven for true hospitality.
If the number of guests who have fallen in love with Salsarita’s Fresh Cantina is any proof, then the prospects for franchise developers are attractive.
Fun & Energy plus a solid unit-level economics equals a compelling investment opportunity. This equation is the foundation of our franchise development efforts. With reasonable build-out costs and a solid operating model, ownership is within reach—and Salsarita’s is here to help you make it happen.
Salsarita’s franchise opportunity features:
o Industry-leading executive team
o Exclusive multi-unit territory development
o Daily operational excellence
o A broad, innovative menu featuring signature flavors
We’re looking for developers with experience who understand the restaurant business—people with acumen and sophistication who understand an opportunity when they see it.