Salsa Rico Fresh Mexican Grill
Salsa Rico Fresh Mexican Grill celebrates the flavors of the Baja Pacific with its signature burritos and enchiladas, soft-shell tacos, quesadillas, nachos, salads, and fresh salsa made daily! Flame-grilled chicken, steak and fresh vegetables combine with fresh guacamole, rice, and beans to transport you to place where the sun is bright, the breeze is warm, and the food is fresh! Come and taste the best of the Baja at Salsa Rico!
The Retail Brand Group was originally formed within Sodexho to analyze the market and develop relevant and competitive fast-casual and quick-service restaurant brands to increase their offering and competitive edge in the managed foodservice segment.
Background
Year Established: 2000
Year First Franchised: 2004
Franchised Units: 1 open in Philadelphia and 2 in development
Company-Managed/Affiliate Owned Units: 17
Projected New Units (12 months): 8
States/Countries Registered In: All
Availability in Canada: Masters / Area Developer: No
We are franchising in: Connecticut, Delaware, Florida, Georgia, Illinois, Indiana, Kentucky, Maryland, Massachusetts Michigan, New Jersey, New York, North Carolina, Ohio, Pennsylvania, South Carolina, Tennessee, Virginia, and Washington, DC
Financial/Terms (Single)
Cash Investment: $100K
Total Investment: $268,575 - $387,850
Minimum Net Worth: $400K
Franchise Fee: $30K
Discounts: VetFran, Women, Minorities? No
VetFran Program Participant: No
Royalty: 6%
Ad: 2.5% (2% local, .5% creative)
Average # of Employees: 18
Passive Ownership Allowed: Owner Operators are preferred. Passive investors ok if there is a working partner
Earnings Claim: No
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