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Salsarita's Fresh Mexican Grill

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.

Since 2011Food & BeverageCharlotte, NCSalsarita’s Holdings, LLCwww.salsaritas.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
$371,400 - $856,100
Franchise Fee
$30,000
Locations
56

Financial Requirements

Franchise Fee$30,000
Initial Investment Range$371,400 - $856,100
Royalty Rate5.00%
Brand Fund2.00%
Fixed Monthly Fees$537 - $648

5% royalty (up to 6%) + 2% national ad fund + $537-$648/mo technology/software fees

Franchise Stats

Franchise Locations56
Corporate Locations9
States Operating15
Franchising Since2011
FDD Year2025

Financial Performance

Item 19 Financial Performance

Average Gross Revenue
$1,271,816.33
Median Gross Revenue
$1,150,435
Top Quartile Revenue
$1,904,787
Bottom Quartile Revenue
$784,734

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 to Other Casual Dining Franchises

Key Insights

  • Lower investment than 84% of Casual Dining franchises
FranchiseInvestment RangeFranchise FeeRoyaltyLocations
Salsarita's Fresh Mexican Grill
Current
$371K - $856K$30K5.0%56
IHOP & INTERNATIONAL HOUSE OF PANCAKES$1.8M - $4.5M$69KN/A1,703
BUFFALO WILD WINGS$2.5M - $4.9M$25K5.0%538
GOLDEN CORRAL STEAKS, BUFFET & BAKERY$2.1M - $8.5M$50K4.0%352
GOLDEN CORRAL$2.2M - $8.7M$50K4.0%348
ORIGINAL PANCAKE HOUSE (THE)$483K - $1.7M$60K2.0%146
Casual Dining Average
43 franchises
$1.6M - $3.6M$44K4.6%-

* Comparison based on latest FDD filings. Investment ranges from Item 7, fees from Item 5. Showing top 5 of 43 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

Top States by Outlet Count
1TN
15
2NC
11
3SC
6
4MI
5
5AL
4
6KY
4
7NY
3
8IL
3
9IN
2
10MD
1
11NJ
1
12AR
1
13TX
0
14VA
0

SBA Loan History

Historical SBA 7(a) loan data for Salsarita's Fresh Mexican Grill franchisees (2011 - 2024)

Total Loans
7
Average Loan Amount
$186,586
Total Loan Volume
$1,306,100
Default Rate
0.0%

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 HistoryNo

No bankruptcy history reported in the FDD.

System Health (Item 20)

Franchise system changes reported in the most recent fiscal year

Terminations
0
Non-Renewals
0
Reacquired by Franchisor
0
Ceased Operations (Other)
6
System Transfers
1
Sold to Franchisees
0
Projected New Franchises
2

Frequently Asked Questions

How much does it cost to open a Salsarita's Fresh Mexican Grill franchise?

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.

How much revenue does a Salsarita's Fresh Mexican Grill franchise make?

According to the 2025 FDD, the average gross revenue for a Salsarita's Fresh Mexican Grill franchise is $1,271,816.33. The median revenue is $1,150,435.

How many Salsarita's Fresh Mexican Grill franchise locations are there?

As of the 2025 FDD, Salsarita's Fresh Mexican Grill has 56 franchise locations. The company has been franchising since 2011.

Can you get an SBA loan for a Salsarita's Fresh Mexican Grill franchise?

Yes, SBA loans are available for Salsarita's Fresh Mexican Grill franchises. Historical data shows 7 SBA 7(a) loans have been approved for Salsarita's Fresh Mexican Grill franchisees, with an average loan amount of $186,586. The historical default rate is 0.0%.

Is Salsarita's Fresh Mexican Grill a good franchise to buy?

Salsarita's Fresh Mexican Grill 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 Salsarita's Fresh Mexican Grill?

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