FranDB
Saladworks

Saladworks

Saladworks franchises allow operators to establish and run quick-service restaurants offering customizable salads, sandwiches, wraps, paninis, soups, grain bowls, breads, desserts, and beverages prepared according to proprietary recipes and standards. The business model centers on granting single-unit franchises or multi-unit area development agreements, providing branding, operational systems, and support to franchisees. It targets health-conscious consumers seeking fresh, made-to-order meals for lunch, dinner, catering, and takeout.

Since 2015Food & BeverageSt. Petersburg, FLRestaurant Co., LLC dba WOWorkswww.saladworks.com
Item 19 AvailableSBA Loan Data

Disclaimer: This information was extracted using AI from public Franchise Disclosure Documents and should be independently verified. This is not financial or legal advice. Always review official FDD filings before making investment decisions.

Overview

Investment
$590,000 - $764,500
Franchise Fee
$35,000
Locations
88

Financial Requirements

Franchise Fee$35,000
Initial Investment Range$590,000 - $764,500
Royalty Rate6.00%
Brand Fund3.00%
Fixed Monthly Fees$605 - $1,400

6% royalty + 3% brand development fund + $605-$1,400/mo technology bundle fee

Franchise Stats

Franchise Locations88
Corporate Locations15
States Operating25
Franchising Since2015
FDD Year2025

Financial Performance

Item 19 Financial Performance

Average Gross Revenue
$818,970.44
Median Gross Revenue
$799,654.27
Top Quartile Revenue
$1,151,131
Bottom Quartile Revenue
$467,958

Data Based On: 66 franchised outlets in 2024, after excluding 11 new/kiosk/not full fiscal year outlets and 11 additional captive/semi-captive venues.

* Calculated weighted average gross revenue using Chart 2 data: (17 units × $1,151,131 + 16 units × $915,798 + 16 units × $742,173 + 17 units × $467,958) / 66 total units = $818,970.44. Calculated weighted median gross revenue: (17 units × $1,058,805 + 16 units × $918,443 + 16 units × $762,345 + 17 units × $463,817) / 66 total units = $799,654.27. Revenue top and bottom quartiles are directly from Chart 2 'Average Net Sales' for Top 25% and Bottom 25% respectively.

Extracted Item 19 Section

How Saladworks Compares to Other Fast Casual Franchises

Key Insights

  • Lower than average SBA loan default rate in Fast Casual
FranchiseInvestment RangeFranchise FeeRoyaltyLocations
Saladworks
Current
$590K - $765K$35K6.0%88
Tropical Smoothie Cafe$300K - $721K$35K6.0%1,371
TROPICAL SMOOTHIE CAFÉ$300K - $721K$35K6.0%1,371
FIREHOUSE SUBS RESTAURANTS (UNIT)$379K - $1.4M$20K6.0%1,248
Zaxby's$1.4M - $3.8M$35K6.0%826
Qdoba$548K - $1.3M$40K5.0%652
Fast Casual Average
107 franchises
$532K - $1.2M$39K5.6%-

* Comparison based on latest FDD filings. Investment ranges from Item 7, fees from Item 5. Showing top 5 of 107 Fast Casual franchises by location count.

Locations & Growth

Outlet Growth Over Time

Total outlets at end of each year

Geographic Distribution (2024)

Outlets by state across the United States

Top States by Outlet Count
1PA
27
2NJ
27
3DE
7
4VA
5
5MD
3
6CA
2
7RI
2
8GA
1
9IL
1
10IN
1
11MA
1
12AR
1
13DC
1
14NC
1
15CT
1

+9 more states

SBA Loan History

Historical SBA 7(a) loan data for Saladworks franchisees (2012 - 2025)

Total Loans
56
Average Loan Amount
$357,752
Total Loan Volume
$20,034,100
Default Rate
7.1%

Loans by Year

* Data sourced from SBA 7(a) FOIA loan records. Default rate calculated from charged-off loans.

Franchisee Contacts

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Due Diligence

Litigation (Item 3)

Franchisee Litigation Cases0

No litigation involving franchisees reported in the FDD.

Bankruptcy (Item 4)

Bankruptcy HistoryYes

Predecessor Saladworks, LLC (DE) filed Chapter 11 on February 17, 2015; assets acquired by franchisor on June 12, 2015; plan confirmed October 30, 2015.

System Health (Item 20)

Franchise system changes reported in the most recent fiscal year

Terminations
3
Non-Renewals
0
Reacquired by Franchisor
0
Ceased Operations (Other)
5
System Transfers
6
Sold to Franchisees
9
Projected New Franchises
10

Frequently Asked Questions

How much does it cost to open a Saladworks franchise?

The total initial investment to open a Saladworks franchise ranges from $590,000 to $764,500. This includes a franchise fee of $35,000. Ongoing royalty fees are 6.0% of gross sales.

How much revenue does a Saladworks franchise make?

According to the 2025 FDD, the average gross revenue for a Saladworks franchise is $818,970.44. The median revenue is $799,654.27.

How many Saladworks franchise locations are there?

As of the 2025 FDD, Saladworks has 88 franchise locations. The company has been franchising since 2015.

Can you get an SBA loan for a Saladworks franchise?

Yes, SBA loans are available for Saladworks franchises. Historical data shows 56 SBA 7(a) loans have been approved for Saladworks franchisees, with an average loan amount of $357,752. The historical default rate is 7.1%.

Is Saladworks a good franchise to buy?

Saladworks shows several positive indicators: transparent financial performance data (Item 19), low SBA loan default rate. However, franchise success depends on many factors including location, local market conditions, and owner involvement. We recommend speaking with existing franchisees and consulting with a franchise attorney before making a decision.

Interested in Saladworks?

Talk to a franchise advisor to get personalized guidance and learn if Saladworks is the right fit for you.

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