Souper Salad - Franchise
Souper Salad is actively seeking experienced retail operators with proven expertise in the food service industry.
Requirements
Financial requirements for this franchise:
| Liquid Capital: | $150,000 What does Liquid Capital mean? |
|---|---|
| Net Worth: | $250,000 What does Net Worth mean? |
| Total Investment: | $575,700 - $865,200 What does Total Investment mean? |
Options
Options available to franchisees:
| Financing: | Via 3rd party |
|---|---|
| Training: | Available |
| Veteran Discount: | Yes |
What Does a Souper Salad Franchise Cost?
To buy a franchise with Souper Salad, you'll need to have at least liquid capital of $150,000 and a minimum net worth of $250,000. Franchisees can expect to make a total investment of $575,700 - $865,200. They also offer financing via 3rd party as well as a discount for veterans. *
Souper Salad Franchise Information:
Souper Salad restaurants are perfect for customers seeking a casual atmosphere with fresh, and healthy food. Now operating bustling locations in multiple states, we're pleased to invite you to join in the success of the growing Souper Salad family. Souper Salad is actively seeking experienced retail operators with proven expertise in the food service industry. Souper Salad franchisees must be experts in their markets, be willing to work diligently and provide full-time best efforts toward the success of the Souper Salad brand. We're currently seeking franchisees who possess integrity, offer positive reputations, and share Souper Salad's core business values. Financial strength is also key to success. We require that the Souper Salad franchisee invest a minimum of 20% of the total cost of the project in personal equity.
Restaurant Franchise Costs Souper Salad offers 2 types of franchise programs: Single Restaurant Franchises and Market-Level Franchises.
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Single Restaurant Franchises
The initial franchise fee for a single Souper Salad Restaurant is $29,500. The estimated initial investment required for a Souper Salad Restaurant, including the initial franchise fee, will range from $575,700 to $865,200. These sums are intended to be a reasonable guide, and do not include real estate lease costs. There will be other costs as well. Our minimum financial requirements are $150,000 in liquid assets and $500,000 in net worth, either individually or within the partnership. These sums are intended to be a reasonable guide, and do not include real estate lease costs. There will be other costs as well.
Market-Level Franchises
Market-Level Franchises involve opening multiple restaurants within a defined area pursuant to an Area Development Agreement. There will be an area development fee multiplied by the number of restaurants (excluding the first restaurant) which will be opened. A prepaid initial franchise fee of $29,500 is required for the first restaurant; however this initial fee will be credited against the area development fee. Development costs for new Souper Salad restaurants are similar to the Single Restaurant Franchise, and similarly, there will be other costs as well.
Souper Salad is franchising in select markets pursuant to development agreements, with individuals or partnerships who meet the following minimum characteristics:
- Restaurant owner/operator for a minimum of 3 years.
- Motivated, passionate operator able to meet the demands of multi-unit development and operations.
- Operating partner who will live in the development territory.
- Experience and desire to give back to the community in which the restaurant resides.
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