In this exclusive Franchise Chatter FDD Talk post, you’ll learn the following:
Section I – Estimated initial investment (franchise costs) for a Saladworks franchise, based on Item 7 of the company’s 2024 FDD
Section II – Initial franchise fee, royalty fee, and marketing fee for a Saladworks franchise, based on Items 5 and 6 of the company’s 2024 FDD
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Section IV – News updates on the Saladworks franchise opportunity
Section V – Presentation and analysis of Saladworks’ financial performance representations (average revenues and/or profits), based on Item 19 of the company’s 2024 FDD, including information on the:
- 2023 average square footage and average, median, highest, and lowest net sales for the 82 Saladworks franchised restaurants that were open and operating during Saladworks’ entire 2023 fiscal year, grouped by trade channel
- 2023 average square footage and average, median, highest, and lowest net sales for the 82 Saladworks franchised restaurants that were open and operating during Saladworks’ entire 2023 fiscal year, grouped by quartile
Section VI – Key ratios, comparables, computations, and analyses for the Saladworks franchise opportunity (exclusive content for Platinum subscribers)
Section I – Saladworks Franchise Costs
- Saladworks franchise costs, based on Item 7 of the company’s 2024 FDD:
- Initial Franchise Fee: $35,000
- Architectural Plan Review: $0 to $1,000
- Architect Fees: $12,000 to $15,000
- Permits and License Fee: $1,500 to $5,000
- Leasehold Improvements: $250,000 to $310,000
- Equipment: $150,000 to $165,000
- Furniture: $9,000 to $18,000
- Millwork: $40,000 to $55,000
- Smallwares: $9,000 to $11,000
- Exterior Signage: $6,000 to $14,000
- Interior Signage and Graphics: $1,000 to $2,500
- Technology Systems: $20,300 to $25,200
- Grand Opening Marketing: $15,000
- Uniforms, Menu Materials, Office Supplies: $3,757
- Travel and Living Expenses While Training: $0 to $2,500
- Opening Inventory: $7,500 to $12,000
- Insurance: $1,500 to $3,500
- Additional Funds – 3 Months: $15,000 to $35,000
- Total Estimated Saladworks Franchise Costs: $576,557 to $728,457
Section II – Saladworks’ Initial Franchise Fee, Royalty Fee, and Marketing Fee
- Saladworks’ initial franchise fee, royalty fee, and marketing fee, based on Items 5 and 6 of the company’s 2024 FDD:
- Initial Franchise Fee: $35,000
- Royalty Fee: 6% of Net Sales
- Brand Development Fund Advertising Fee: 3% of Net Sales
- Local Advertising and Promotion: 2% of Net Sales
Section III – Number of Franchised and Company-Owned Saladworks Outlets
Franchised
2021
"I've seen too many serious franchise buyers fall in love with a brand only to discover their territory is gone by the time they contact the franchisor. This tool was built to prevent exactly that." — Ambrosio, Franchise Chatter
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- Outlets at the End of the Year: 88
- Net Change: +3
2022
- Outlets at the Start of the Year: 88
- Outlets at the End of the Year: 94
- Net Change: +6
2023
- Outlets at the Start of the Year: 94
- Outlets at the End of the Year: 95
- Net Change: +1
Company-Owned
2021
- Outlets at the Start of the Year: 8
- Outlets at the End of the Year: 15
- Net Change: +7
2022
- Outlets at the Start of the Year: 15
- Outlets at the End of the Year: 7
- Net Change: -8
2023
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- Outlets at the End of the Year: 5
- Net Change: -2
Section IV – News Updates on the Saladworks Franchise
Section V – Financial Performance Representations (Average Revenues and/or Profits) for the Saladworks Franchise (Item 19, 2024 FDD)
- This Item contains a historic financial performance representation about Saladworks’ existing franchised outlets in 2023. As of September 24, 2023, Saladworks had 95 franchised outlets, of which 89 had been open and operating during Saladworks’ entire 2023 fiscal year. Saladworks has excluded the results of 11 outlets who were new to the system and/or did not otherwise operate for the full fiscal year.
- The data used in preparing this financial performance representation was compiled from information submitted to Saladworks by the franchisees in their unaudited sales reports for their franchised restaurants.
- While Saladworks believes that these sales reports contain accurate information, Saladworks has not independently verified the information.
Part 1 – Net Sales Data of Saladworks Franchised Restaurants in 2023, by Trade Channel
Mall
- Number of Stores: 8
- Average Square Footage: 827
- Average Net Sales: $747,129
- Median Net Sales: $733,397
- Highest Net Sales: $1,118,967
- Lowest Net Sales: $465,441
Pad Site
- Number of Stores: 4
- Average Square Footage: 2,567
- Average Net Sales: $1,006,248
- Median Net Sales: $1,019,874
- Highest Net Sales: $1,362,716
- Lowest Net Sales: $622,530
Strip Mall
- Number of Stores: 64
- Average Square Footage: 2,368
- Average Net Sales: $833,440
- Median Net Sales: $858,071
- Highest Net Sales: $1,925,955
- Lowest Net Sales: $96,724
All Others
- Number of Stores: 6
- Average Square Footage: 1,386
- Average Net Sales: $925,715
- Median Net Sales: $781,273
- Highest Net Sales: $1,932,013
- Lowest Net Sales: $318,378
Part 2 – Net Sales Data of Saladworks Franchised Restaurants in 2023, by Quartile
Top 25%
- Number of Stores: 21
- Average Square Footage: 2,361
- Average Net Sales: $1,249,718
- Median Net Sales: $1,163,872
- Highest Net Sales: $1,932,013
- Lowest Net Sales: $1,051,056
Tier 2
- Number of Stores: 20
- Average Square Footage: 2,296
- Average Net Sales: $942,079
- Median Net Sales: $933,151
- Highest Net Sales: $1,049,276
- Lowest Net Sales: $854,368
Tier 3
- Number of Stores: 20
- Average Square Footage: 2,013
- Average Net Sales: $737,799
- Median Net Sales: $735,022
- Highest Net Sales: $846,063
- Lowest Net Sales: $640,719
"Multi-unit ownership is where the real wealth in franchising is built. It starts with one key decision: choosing a brand with enough territory runway to grow into." — Ambrosio, Franchise Chatter
📈Dreaming of Multi‑Unit Success? Lock In Prime Territories Before They're Gone.
Colin started as a team member at 21 and now owns 6 locations in Tampa Bay. Lisa came from marketing and built 21 in San Diego. The most successful multi-unit owners move early and secure markets with room to grow. Use our free tool to search multiple ZIP codes and find franchises where you can still stack locations — before someone else does. A franchise specialist will be in touch to present what's available.Bottom 25%
- Number of Stores: 21
- Average Square Footage: 1,953
- Average Net Sales: $431,183
- Median Net Sales: $453,007
- Highest Net Sales: $622,530
- Lowest Net Sales: $96,724
- Net Sales means the full amount payable by the franchisees’ customers, less sales taxes, discounts, and honored coupons.
- Some outlets have earned this amount. Your individual results may differ. There is no assurance that you’ll earn as much.
Section VI – Saladworks Franchise Ratios, Comparables, Computations, and Analyses (Exclusive Content for Platinum Subscribers) ⬇️
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