• Franchise Fee:$35,000
• Total Investment Range:
$380,500
• Required Cash liquidity:
$135,000
Financing Assistance:
•Yes
Training and Support:
•Yes
Franchise Description
From the time entrepreneurial chef John Scardapane opened the first Saladworks in Cherry Hill, NJ in 1986, the business premise was simple – provide fanatic’ly fresh, made-to-order, entrée-sized salads as an alternative food offering for people on the go. By doing so, Saladworks achieves consistent, recurring revenue streams from people interested in a tasty and guilt-free gourmet option served fast. Fanatic’ly fresh doesn’t just mean crisp, hand-chopped lettuce and vine ripe tomatoes; it also means prompt, courteous service in a casual dining environment. From the design of our eco-friendly restaurants engineered for fast throughput to the live menu samples prepared daily for presentation, Saladworks delivers the ultimate in health conscious, fan-driven dining. Today, Saladworks has emerged as a leader in the quick-casual food industry. And with the addition of Commerce Bank’s founder, Vernon W. Hill II to the Executive Committee, Saladworks is quickly growing from a regional sensation to a multi-state powerhouse with a passionate and fanatical customer base.
Key Advantages
The top 5 key advantages and strengths of our franchise business model are included herein. First, following the national trend toward healthier eating, restaurant-industry growth continues to be driven by fast casual restaurants like Saladworks who offer a choice of nutritionally beneficial foods over higher calorie and fat laden menu offerings of other chains. Second, all food and paper products are delivered to Saladworks by U.S. Foodservice, the nation’s largest broadline foodservice distributor, effectively eliminating the need to manage multiple vendors on a daily basis. This also results in significantly reduced pricing for franchise owners dramatically improving their food and paper cost averages. Third, Saladworks has a customizable, large form catering and delivery menu available via the web or iPhone download. Subsequently, franchise owners can acquire a supplemental revenue stream for prepaid orders. Fourth, with more than 60% of our franchise owners owning more than 1 location, our model is highly scalable for individuals looking to build an empire. Last but not least, the real estate market has never been better and many landlords are offering reduced occupancy costs and significant tenant build out allowances.
Franchise Training and Support
Our 5 week training course is designed to help new franchise owners understand the fundamentals of running a Saladworks restaurant and to become proficient in the skills needed to be successful over the long haul. More than 70% of our training program is conducted at our company-owned Saladworks restaurant in Mount Laurel, NJ where new franchise owners receive hands on training and get practical experience in managing various aspects of a franchise operation. The other 30% is in a traditional classroom learning environment at our franchise headquarters in Conshohocken, PA.
Investment Requirements
Franchise Fee: $35,000
Required Cash liquidity: $135,000
Total Investment Range: $380,500
