Salsarita's Fresh Mexican Grill
Salsarita’s Fresh Mexican Grill franchises operate fast-casual restaurants specializing in Mexican food such as burritos, soft tacos, quesadillas, fajitas, salads, nachos, and other approved items, utilizing a proprietary system with distinctive interior/exterior design, operations manuals, recipes, and uniform procedures. The business model offers single-unit Franchise Agreements or multi-unit Area Development Agreements, where franchisees develop and operate restaurants under Salsarita’s proprietary marks in specified territories. They target the general population in highly competitive markets, with locations in strip centers, malls, freestanding buildings, and non-traditional sites like airports and campuses.
Franchise Costs
5% royalty (up to 6%) + 2% national ad fund + $537-$648/mo technology/software fees
Financial Performance
Item 19 Financial Performance
Data Based On: 46 Traditional Franchised Salsarita's Restaurants for 2024, categorized into top, middle, and bottom thirds by annual net sales.
* Calculated weighted average gross revenue from the '2024 AVERAGE ANNUAL NET SALES OF THE TOP, MIDDLE AND BOTTOM THIRD TRADITIONAL FRANCHISED SALSARITA'S RESTAURANTS' table. (15 units × $1,904,787 + 16 units × $1,135,046 + 15 units × $784,734) / 46 total units = $1,271,816.33. The document explicitly states that the tables do not reflect costs of sales, operating expenses, etc., necessary to determine income or profit, hence profit-related fields are null.
Extracted Item 19 Section
How Salsarita's Fresh Mexican Grill Compares
Key Insights
- Lower investment than 82% of Casual Dining franchises
| Franchise | Investment | Fee | Royalty | Locations |
|---|---|---|---|---|
Salsarita's Fresh Mexican Grill Current | $371K – $856K | $30K | 5.0% | 56 |
| IHOP & INTERNATIONAL HOUSE OF PANCAKES | $1.8M – $4.5M | $69K | N/A | 1,703 |
| BUFFALO WILD WINGS | $2.5M – $4.9M | $25K | 5.0% | 538 |
| GOLDEN CORRAL STEAKS, BUFFET & BAKERY | $2.1M – $8.5M | $50K | 4.0% | 352 |
| GOLDEN CORRAL | $2.2M – $8.7M | $50K | 4.0% | 348 |
| ORIGINAL PANCAKE HOUSE (THE) | $483K – $1.7M | $60K | 2.0% | 146 |
Casual Dining Average 44 franchises | $1.5M – $3.5M | $43K | 4.6% | – |
* Comparison based on latest FDD filings. Investment ranges from Item 7, fees from Item 5. Showing top 5 of 44 Casual Dining 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
SBA Loan History
Historical SBA 7(a) loan data for Salsarita's Fresh Mexican Grill franchisees (2011 – 2024)
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
55 franchisee contacts on file from official FDD filings.
| Name | SBA 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 |
55 Contacts Available
Unlock all Salsarita's Fresh Mexican Grill franchisee contacts with verified contact information
Due Diligence
Litigation (Item 3)
Bankruptcy (Item 4)
System Health (Item 20)
Franchise system changes reported in the most recent fiscal year
Frequently Asked Questions
The total initial investment to open a Salsarita's Fresh Mexican Grill franchise ranges from $371,400 to $856,100. This includes a franchise fee of $30,000. Ongoing royalty fees are 5.0% of gross sales.
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