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.

88
Locations
$590K–$765K
Investment
Since 2015
Franchising
Food & BeverageSt. Petersburg, FLRestaurant Co., LLC dba WOWorkswww.saladworks.comDisclaimer

Franchise Costs


Franchise Fee
$35,000
Item 5 of FDD
Initial Investment Range
$590,000 $764,500
Low: $590,000High: $764,500
Item 7 of FDD
Royalty Rate
6.00%
of gross sales
Brand Fund
3.00%
Item 6 of FDD
Fixed Monthly Fees
$605 – $1,400
Item 6 of FDD

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

Financial Performance


Item 19 Financial Performance

Average Gross Revenue
$0
Median Gross Revenue
$0
Top Quartile Revenue
$0
Bottom Quartile Revenue
$0

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


Key Insights

  • Lower than average SBA loan default rate in Fast Casual
FranchiseInvestmentFeeRoyaltyLocations
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
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 (20122025)

Total Loans
56
Average Loan
$357,752
Total Volume
$20.0M
Default Rate
7.1%

Loans by Year

SBA 7(a) loan activity over time

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

Franchisee Contacts


122 franchisee contacts on file from official FDD filings.

NameSBA Loan
John Smith
ABC Franchise LLC
$350,000
2023 · Active
John Smith
ABC Franchise LLC
$350,000
2023 · Active
John Smith
ABC Franchise LLC
$350,000
2023 · Active
John Smith
ABC Franchise LLC
$350,000
2023 · Active
John Smith
ABC Franchise LLC
$350,000
2023 · Active

122 Contacts Available

Unlock all Saladworks franchisee contacts with verified contact information

Due Diligence


Litigation (Item 3)

Franchisee Cases0
No litigation involving franchisees reported

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
0
Ceased Ops
5
Transfers
6
Sold to Franchisees
9
Projected New
10

Frequently Asked Questions


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.

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