Are you looking to franchise an affordable food franchise? Have you been searching for franchising a Salad and Go location but couldn’t find any proper article? Have you been uncertain about Salad and Go’s franchise offerings?
If your response was “yes,” you might be curious to learn more about Salad and Go, a fast-expanding beverage chain that has been making waves in the F&B industry.
In this post, we’ll cover a detailed article on the Salad and Go Franchise with its capital required, cost, profit, and step-by-step guidelines to get this franchise – and answer some common questions about the chain.
- Brand: Salad and Go
- Founded: 2013
- Key People: Charlie Morrison
- Industry: F&B
- No. of outlet: 85+
- Area served: United states
- Model: Self-owned
- HQ: Phoenix
- Franchise: Not a Franchise
Table of Contents
Overview of Salad and Go Franchise
Incepted in 2013 in Gilbert, Arizona, Salad and Go is a drive-thru restaurant chain that focuses primarily on providing healthy and affordable food options, including variety of salads, wraps, soups, breakfast burritos and bowls, cold brew coffee, and hand-crafted lemonades.
Headquartered in Phoenix with a few food production facilities, Salad and Go is a privately held company with more than 88 locations operating across four states, including Arizona, Texas, Oklahoma, and Nevada.
The industry veteran Charlie Morrison joined Salad and Go as CEO the previous year in 2022, and with its ambitious objective to deliver nutritious and inexpensive cuisine, the chain is on a spree of expanding its outlets in numerous states, and is undoubtedly on track to have a total of 135 stores operational by the end of 2023.
Does this little snippet on Salad and Go excites you become their partner? Hold on, we have lot more to cover that can help you in taking an informed decision.
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Salad and Go – The Journey
Started as a single outlet in their local home town to serve delicious, affordable, and healthy food options, Salad and Go is one of well-established and popular Salad chain that has over 85+ locations across the states in America.
Key facts on Salad and Go
Sr No. | Type | Private |
---|---|---|
1 | Trade Name | Salad and Go |
2 | Industry | Food and Beverages |
3 | Founded | 2013 |
4 | Founders Or Parent Company | Charlie Morrison(CEO) |
5 | Corporate Headquarters | Phoenix |
6 | Number of locations | 85+ Outlets |
7 | Area served | Across 4+ states |
8 | Model | Self-owned |
9 | Menu offering | Salads, Wraps, Soups, Bowls, and Cold coffee |
10 | Revenue | $92.3M (As per Growjo) |
11 | Website | https://www.saladandgo.com/ |
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Does Salad and Go Franchise?
According to the latest info available on May 2023, Salad and Go doesn’t offer franchising opportunities to any individual/ entrepreneurs.
However, considering its expansion plan and rapid growth rate, we may anticipate that Salad and Go may opt for franchising its outlets in upcoming years. But it is not guaranteed.
How much does a Salad and Go Franchise Cost?
As stated earlier, Salad and Go is not a franchise, so it could be difficult to quote the exacting pricing for it.
However, considering its business model, to become an approved Salad and Go Franchise, one may require an initial investment of $200,000 to $300,000 with a floor area of minimum 2000 sq feet to build up a restaurant space.
Additionally, The above-mentioned initial investment for Salad and Go business will cover the expenses or fee such as Franchise fees, Marketing Fees, Equipment, and other necessary fees. The cost of building the drive-thru space will be extra.
What will be the Salad and Go Franchise Fee?
The franchise fee for Salad and Go will be between $30,000 to $35,000. Furthermore, Interested candidates should also meet the minimum financial requirement of at least Net Worth of $400,000 and at least $150,000 in liquid assets.
Additional Cost for Salad and Go
Typically, to run and maintain a Salad and Go Drive-thru location, one must adhere to their standards and are liable to pay a few additional costs such as Royalty fee, advertisement fee, maintenance fee, and a few other investments.
The on-going royalty fee for Salad and Go location could be 5-8% and ad royalty fee will be 2% of the monthly gross sales.
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Is Salad and Go Franchise Profitable?
The profitability of any franchise/business depends on several factors, including its geographical location, service offering, customer experience, and chosen model concept. And it could be extremely difficult to quote an exact profit margin without knowing its basic details and relevant information.
However, considering the Salad and Go expertise in Food and Beverages industry, affordable and healthy food options, low startup cost, and extensive R&D support may help new franchisee owner to anticipate an earning of around 12-15% of net profit margin.
What will it require to Start a Salad and Go Outlet?
To own a franchise, you might have to meet the certain requirements. However, we have enlisted a few major Salad and Go franchise requirements for your reference;
- First and most important – One should be financially well-qualified and have good credit to start a Salad and Go location, and should be ready to invest minimum $200,000 to $300,000.
- Interested applicants are advised to dedicate themselves to the Salad and Go business and follow the company standards and maintain their legacy.
- Interested applicants must undergo and complete the necessary training program offered by the Salad and Go.
- Applicant should be hard-working and dedicated to being heavily involved during the early stages of their new venture with Salad and Go.
- Interested franchisees should have passion to work in the Food and Beverages industry and should possess the leadership and financial skills to operate a Salad and Go outlet.
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How to Open a Salad and Go Franchise?
Becoming a Salad and Go outlet owner may require a minimal investment that offers an impressive gross profit margin. Additionally, the Salad and Go may provide several benefits, and interested candidates can take up franchise outlets in their city through their expertise and endless support systems.
One can avail this franchise using below mentioned steps;
Currently, It doesn’t offer any franchise program, you may need to check out other opportunities.
Final Takeaway – Summary
Without a doubt, Salad and Go is one of America’s popular food chain that specializes serving variety of Salad, wraps, soups, and much more at an affordable price.
While you might be willing to become a partner with Salad and Go, but unfortunately you can’t own it, as it doesn’t entertain any franchising programs for its outlets.
With its robust expansion plans to have around 135+ outlets by 2023 may create opportunities for interested applicants to become their partner.
If you are interesting in it, then we would recommend you to get in touch with the team by placing your query at contact us form.
Good Luck!! Happy Franchising!!
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FAQ
How much is Salad and Go Franchise?
Ans: First of all, Salad and Go hasn’t opted for franchising model for its outlet expansion and all of their locations are company-owned and operated. In general a franchise like Salad and Go may cost around $200,000 to $300,000.
How much is Salad and Go Franchise Revenue?
Ans: According to Growjo, The revenue for Salad and Go location is $92.3M. To get more info, one has to directly connect with the company officials.