Start-Up Costs and Fees |
||
| Quaker Steak & Lube | Salsarita's Fresh Cantina | |
| Investment | 1800000 - 3700000 | 283150 - 563900 |
| Franchise Fee | 0 | |
| Royalty Fee | 5% | 5% |
| Advertising Fee | 3% | 1% Nat'l 1.5% Local |
| Year Founded | 1974 | 1999 |
| Year Franchised | 1997 | 2000 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Quaker Steak & Lube | Salsarita's Fresh Cantina | |
| Experience | Quaker Steak & Lube is looking for franchise owners who will be passionate about the brand and philosophically aligned with our values and approach to operating a business. Criteria for a successful franchisee team: * Minimum $500,000 liquidity for single unit development and $1,000,000 liquidity for multi-unit development * Restaurant and/or operational experience * Strong understanding in executing Four-Walls and Local Marketing * Passion for guest service | Industry experience General business experience Marketing skills Restaurant experience helpful |
Financing Options |
||
| Quaker Steak & Lube | Salsarita's Fresh Cantina | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Quaker Steak & Lube | Salsarita's Fresh Cantina | |
| Training | Available at headquarters: 8-10 weeks. | Training in Charlotte, NC at our "Burrito Bootcamp" for themselves and their manager. Salsarita's also helps you train your staff in the week prior to opening and running through the first full week of operation. We have Franchise Business Coaches available who can and will assist you in day-to-day operations and to make scheduled visits to your store. |
| Support | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives | Newsletter, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives |
| Marketing | Co-op advertising, National media, Regional advertising | Co-op advertising, Ad slicks, Regional advertising |
| Operations | International franchisees required to buy multiple units/master licenses; 20% of all franchisees own more than one unit Number of employees needed to run franchised unit: 10 Absentee ownership of franchise is allowed. (50% of current franchisees are owner/operators) | |
Expansion Plans |
||
| Quaker Steak & Lube | Salsarita's Fresh Cantina | |
| US Expansion | Nationwide, Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Guam, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming | Alaska, Alabama, Arkansas, Arizona, Colorado, Connecticut, Delaware, Florida, Georgia, Iowa, Idaho, Indiana, Kansas, Kentucky, Louisiana, Massachusetts, Maryland, Maine, Michigan, Minnesota, Missouri, Mississippi, Montana, Nebraska, North Carolina, New Hampshire, New Jersey, New Mexico, Nevada, New York, Ohio, Oklahoma, Oregon, Pennsylvania, South Carolina, Tennessee, Texas, Utah, Virginia, Vermont, West Virginia, Wyoming, |
| Canada Expansion | ||
| International Expansion | Worldwide, |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Quaker Steak & Lube | |
| Salsarita's Fresh Cantina | |
| Franchise Fee | |
| Quaker Steak & Lube | |
| Salsarita's Fresh Cantina | |
| Royalty Fee | |
| Quaker Steak & Lube | 5% |
| Salsarita's Fresh Cantina | 5% |
| Advertising Fee | |
| Quaker Steak & Lube | 3% |
| Salsarita's Fresh Cantina | 1% Nat'l 1.5% Local |
| Year Founded | |
| Quaker Steak & Lube | 1974 |
| Salsarita's Fresh Cantina | 1999 |
| Year Franchised | |
| Quaker Steak & Lube | 1997 |
| Salsarita's Fresh Cantina | 2000 |
| Term Of Agreement | |
| Quaker Steak & Lube | |
| Salsarita's Fresh Cantina | 10 years |
| Renewal Fee | |
| Quaker Steak & Lube | |
| Salsarita's Fresh Cantina | 15% of then-current fee |
Business Experience Requirements |
|
| Experience | |
| Quaker Steak & Lube | Quaker Steak & Lube is looking for franchise owners who will be passionate about the brand and philosophically aligned with our values and approach to operating a business. Criteria for a successful franchisee team: * Minimum $500,000 liquidity for single unit development and $1,000,000 liquidity for multi-unit development * Restaurant and/or operational experience * Strong understanding in executing Four-Walls and Local Marketing * Passion for guest service |
| Salsarita's Fresh Cantina | Industry experience General business experience Marketing skills Restaurant experience helpful |
Financing Options |
|
| Franchise Fees | |
| Quaker Steak & Lube | |
| Salsarita's Fresh Cantina | |
| Start-up Costs | |
| Quaker Steak & Lube | |
| Salsarita's Fresh Cantina | |
| Equipment | |
| Quaker Steak & Lube} | |
| Salsarita's Fresh Cantina | |
| Inventory | |
| Quaker Steak & Lube | |
| Salsarita's Fresh Cantina | |
| Receivables | |
| Quaker Steak & Lube | |
| Salsarita's Fresh Cantina | |
| Payroll | |
| Quaker Steak & Lube | |
| Salsarita's Fresh Cantina | |
Training & Support |
|
| Training | |
| Quaker Steak & Lube | Available at headquarters: 8-10 weeks. |
| Salsarita's Fresh Cantina | Training in Charlotte, NC at our "Burrito Bootcamp" for themselves and their manager. Salsarita's also helps you train your staff in the week prior to opening and running through the first full week of operation. We have Franchise Business Coaches available who can and will assist you in day-to-day operations and to make scheduled visits to your store. |
| Support | |
| Quaker Steak & Lube | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives |
| Salsarita's Fresh Cantina | Newsletter, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives |
| Marketing | |
| Quaker Steak & Lube | Co-op advertising, National media, Regional advertising |
| Salsarita's Fresh Cantina | Co-op advertising, Ad slicks, Regional advertising |
| Operations | |
| Quaker Steak & Lube | |
| Salsarita's Fresh Cantina | International franchisees required to buy multiple units/master licenses; 20% of all franchisees own more than one unit Number of employees needed to run franchised unit: 10 Absentee ownership of franchise is allowed. (50% of current franchisees are owner/operators) |
Expansion Plans |
|
| US Expansion | |
| Quaker Steak & Lube | Nationwide, Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Guam, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming |
| Salsarita's Fresh Cantina | Alaska, Alabama, Arkansas, Arizona, Colorado, Connecticut, Delaware, Florida, Georgia, Iowa, Idaho, Indiana, Kansas, Kentucky, Louisiana, Massachusetts, Maryland, Maine, Michigan, Minnesota, Missouri, Mississippi, Montana, Nebraska, North Carolina, New Hampshire, New Jersey, New Mexico, Nevada, New York, Ohio, Oklahoma, Oregon, Pennsylvania, South Carolina, Tennessee, Texas, Utah, Virginia, Vermont, West Virginia, Wyoming, |
| Canada Expansion | |
| Quaker Steak & Lube | |
| Salsarita's Fresh Cantina | |
| International Expansion | |
| Quaker Steak & Lube | Worldwide, |
| Salsarita's Fresh Cantina | |