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Saladworks

From the time entrepreneurial chef John Scardapane opened the first Saladworks in Cherry Hill, NJ in 1986, the enterprise has emerged as a leader in the quick-casual food arena offering tasty and healthy alternatives to other fast food chains. By giving customers only the freshest ingredients expertly prepared in front of them, Saladworks has developed a unique, proven and successful concept.

Saladworks, the nation’s first and largest fresh-tossed salad franchise concept, operates 96 franchise locations in nine states including Washington, D.C. The chain currently has 194 units in development across the country. With the addition of Commerce Bank founder Vernon Hill II, Saladworks plans open its 1,000th store in 2012, utilizing a “turbo-charged” growth model. Saladworks locations offer a healthy menu of flavorful salads with signature dressings, as well as complimentary menu items.

Background

Year Established: 1986
Year First Franchised: 2001
Franchised Units: 96
Company Owned Units: 0
Projected New Units (12 months): 50
States/Countries Registered In: All US, No international
Availability in Canada: Masters / Area Developer: N/A

Financial/Terms

Cash Investment: $150k
Total Investment: $238,881 to $558,223
Minimum Net Worth: $350k
Franchise Fee: $35k
Discounts: VetFran, Women, Minorities? No
VetFran Program Participant: No
Royalty: 5%
Ad: 3% (or 1.5% for Mall Food Courts)
Average # of Employees: 20
Passive Ownership Allowed: No
Earnings Claims: Yes

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