Diamond Dave's Mexican Restaurants vs Salsa 2 Go Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Diamond Dave's Mexican Restaurants vs Salsa 2 Go including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees
  Diamond Dave's Mexican Restaurants Salsa 2 Go
Investment 189000 - 325000 40000 - 150000
Franchise Fee
Royalty Fee 4% 5%
Advertising Fee 2%
Year Founded 1979 2003
Year Franchised 1980 2007
Term Of Agreement
Term Of Agreement
Renewal Fee


Business Experience Requirements
  Diamond Dave's Mexican Restaurants Salsa 2 Go
Experience General business experience

Financing Options
  Diamond Dave's Mexican Restaurants Salsa 2 Go
 
Franchise Fees Yes
Start-up Costs Yes
Equipment Yes
Inventory Yes
Receivables Yes
Payroll Yes

Training & Support
  Diamond Dave's Mexican Restaurants Salsa 2 Go
Training 1. Corporate Office 5 Days 2. Franchise Location 3 Days
Support Newsletter, Meetings, Grand opening, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives Central Data Processing: At Additional Cost Central Purchasing: At Additional Cost Field Operation Evaluation Field Training Initial Store Opening Inventory Control Franchisee Newsletter Regional or National Meetings 800 Telephone Hotline
Marketing Ad slicks
Operations 20% of all franchisees own more than one unit Number of employees needed to run franchised unit: 20 Absentee ownership of franchise is allowed. (80% of current franchisees are owner/operators) Average Number of Employees: 2 Full-time, 6 Part-time Passive Ownership: Allowed, But Discouraged

Expansion Plans
  Diamond Dave's Mexican Restaurants Salsa 2 Go
US Expansion Mid West, Florida, Georgia
Canada Expansion 0
International Expansion

Start-Up Costs and Fees Mobile
Investment
Diamond Dave's Mexican Restaurants
Salsa 2 Go
Franchise Fee
Diamond Dave's Mexican Restaurants
Salsa 2 Go
Royalty Fee
Diamond Dave's Mexican Restaurants 4%
Salsa 2 Go 5%
Advertising Fee
Diamond Dave's Mexican Restaurants
Salsa 2 Go 2%
Year Founded
Diamond Dave's Mexican Restaurants 1979
Salsa 2 Go 2003
Year Franchised
Diamond Dave's Mexican Restaurants 1980
Salsa 2 Go 2007
Term Of Agreement
Diamond Dave's Mexican Restaurants 10 years+
Salsa 2 Go 5 years
Renewal Fee
Diamond Dave's Mexican Restaurants
Salsa 2 Go


Business Experience Requirements
Experience
Diamond Dave's Mexican Restaurants General business experience
Salsa 2 Go

Financing Options
 
Franchise Fees
Diamond Dave's Mexican Restaurants Yes
Salsa 2 Go Yes
Start-up Costs
Diamond Dave's Mexican Restaurants
Salsa 2 Go
Equipment
Diamond Dave's Mexican Restaurants}
Salsa 2 Go
Inventory
Diamond Dave's Mexican Restaurants
Salsa 2 Go
Receivables
Diamond Dave's Mexican Restaurants
Salsa 2 Go
Payroll
Diamond Dave's Mexican Restaurants
Salsa 2 Go

Training & Support
Training
Diamond Dave's Mexican Restaurants
Salsa 2 Go 1. Corporate Office 5 Days 2. Franchise Location 3 Days
Support
Diamond Dave's Mexican Restaurants Newsletter, Meetings, Grand opening, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives
Salsa 2 Go Central Data Processing: At Additional Cost Central Purchasing: At Additional Cost Field Operation Evaluation Field Training Initial Store Opening Inventory Control Franchisee Newsletter Regional or National Meetings 800 Telephone Hotline
Marketing
Diamond Dave's Mexican Restaurants Ad slicks
Salsa 2 Go
Operations
Diamond Dave's Mexican Restaurants 20% of all franchisees own more than one unit Number of employees needed to run franchised unit: 20 Absentee ownership of franchise is allowed. (80% of current franchisees are owner/operators)
Salsa 2 Go Average Number of Employees: 2 Full-time, 6 Part-time Passive Ownership: Allowed, But Discouraged

Expansion Plans
US Expansion
Diamond Dave's Mexican Restaurants Mid West,
Salsa 2 Go Florida, Georgia
Canada Expansion
Diamond Dave's Mexican Restaurants 0
Salsa 2 Go
International Expansion
Diamond Dave's Mexican Restaurants
Salsa 2 Go