General

Industry

Food and Beverage

Category

Fast Casual Restaurant

SBA Identifier

S1733

Year of Founding

2008

Fees

Marketing Fee

2%

Royalty Fee

6%

Franchise Fee

$59,500-$59,500

Investment Range

$269K-$508K

Location units

Total U.S. Locations

16

U.S. Franchised Units

11

U.S. Corporate Units

0

Headquarters (City)

Grosse Pointe Farms

Other

Item 19 - Franchise Financials

Yes

Financing Availability

-

Started Offering Franchises

2009

Issuance of FDD Data

05/01/2020

What to know about The Big Salad franchise?

This Franchise Disclosure Document ("FDD") describes "The Big Salad" franchise concept, a fast casual style restaurant that will offer specialized soups, customer designed salads, sandwiches, soft drinks and related items. This FDD offer to you two (2) types of franchises: (i) an Individual Unit Franchise ("Individual Unit Franchise"), or (ii) to qualified persons, the exclusive right to select and develop up to three (3) The Big Salad franchise sites within a defined period of time ("Multi-Unit Development Franchise").

The Big Salad is based in Grosse Pointe Farms, MI. Scroll down to learn more!

How much does a The Big Salad franchise cost?

Are you wondering how much is a The Big Salad franchise? Before starting a The Big Salad franchise, it is important to know the franchise fee, working capital and other costs required to start the business.

The minimum investment amount required to open a The Big Salad franchise is $269,250 and can go all the way up to $508,000. Keep in mind, you should also allocate additional funds to live off of while the The Big Salad business ramps up. This can take as little as 6 months to over 2 years depending on the franchise opportunity. You should speak to at least 5 The Big Salad franchisees to understand the true cost of opening the franchise and how long it takes to: 1) start a The Big Salad business 2) pass break even 3) hit significant income.

After (and if) you pass the point of earning significant income from your The Big Salad franchise, there may be enough margin to hire a day-to-day manager and work less hours in the business.

Franchise Net Unit Growth

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Download our guide to compare The Big Salad. Hotels to the Fast Casual Restaurant, Outdoor Food and Beverage industry.

Franchise Data

Year Start of Year Units Opened Units Closed End of Year
2017 7 1 0 11
2018 9 2 1 14
2019 10 1 0 16

Additional Details

How much does a The Big Salad franchise owner make?

The Big Salad franchise earnings and revenue can vary significantly from one franchisee to another.
The The Big Salad franchise owner profits can be influenced by labor costs, lease rates, hours worked as well as other factors.

The Big Salad discloses financials at the unit level. In other words, they show how much The Big Salad franchisees made in the past. Through analyzing this information available in the metrics tab, it can serve as a good basis to further explore the opportunity or not.

At Vetted Biz, we advise you to speak with 5 to 10 franchisees to understand how much money they are making from the The Big Salad franchise. Roughly 60% of franchises disclose financials and it makes the process easier when filtering potential franchise opportunities like The Big Salad. Don’t just speak to existing franchisees, call franchisees who have recently left the system and try to find out how much those The Big Salad owners were making.

Visit the The Big Salad metrics tab to explore the financials for this business.

What is the The Big Salad franchise fee?

Owning a The Big Salad franchise requires 6% royalty fee and 2% marketing fee. These two expenses represent the main ongoing costs you can expect to pay the franchisor throughout the franchise relationship. There may be other ongoing fees disclosed in the The Big Salad Franchise Disclosure Document

Keep in mind, there is also an initial The Big Salad franchise fee of $59,500 that is included in the initial investment amount of $269,250 to $508,000. Depending on the franchise agreement you sign, you might have to pay the full franchise fee again if you decide to extend the The Big Salad franchise relationship. Consult with a licensed franchise attorney to understand exactly what you receive for paying the The Big Salad franchise fee of $59,500.

Visit the The Big Salad metrics tab to explore the financials for this business, royalty and marketing fees compare to other Food and Beverage franchises. You can also compare these fees for 2,000+ franchises currently offered in the U.S.

When was The Big Salad founded?

The Big Salad started offering franchises in 2009. The Big Salad was founded 14 years ago in 2008.

At Vetted Biz, we recommend franchises have 3-5 corporate locations and 5+ years of experience before offering a franchise. There needs to be proof that the business model works and is replicable before offering the franchise to other!

How many The Big Salad locations are in the U.S.?

As of 2020, there were 11 locations across the U.S. There are also 0 corporate locations. Most Food and Beverage franchises like The Big Salad have more franchised locations than corporate locations.

How many The Big Salad franchises opened over the past few years?

Over the prior 3 years we have data for, The Big Salad has opened 4 outlets throughout the U.S. Visit the The Big Salad metrics tab to explore how the openings compare to other Food and Beverage franchises.

How many The Big Salad franchises closed over the past few years?

Over the prior 3 years we have data for, The Big Salad has closed 1 outlets throughout the U.S

Visit the The Big Salad metrics tab to explore how the openings compare to other Food and Beverage franchises.

Is The Big Salad growing? Are they opening more locations than they are closing?

The net unit growth rate for The Big Salad over the past 3 years is 57%. Over the last year we have data for, The Big Salad had a net unit growth rate of 10%.

Without a comparison, this number doesn’t mean much. Compare how the The Big Salad growth rate compares to 2,000+ other franchises and Industry franchises like The Big Salad. More info in the The Big Salad metrics tab.

Is The Big Salad franchise eligible for an SBA Loan?

The Big Salad is eligible for SBA loans including the 7(a) loan. To find out more about the SBA loan program for franchising click here.

The Big Salad franchise was assigned the SBA Franchise ID of S1733 on 10/01/2017. This DOES NOT mean the SBA endorses this franchise. The SBA Franchise Directory will only include business models like The Big Salad that are reviewed and found eligible under SBA’s affiliation rules and other eligibility criteria. Currently, there are over 7,000 franchise opportunities that the SBA has deemed eligible for SBA financing.

Is The Big Salad a franchise in the United States?

According to the SBA, The Big Salad meets the Federal Trade Commission (FTC) definition of a franchise. The FTC Franchise Rule requires franchisors to provide all potential franchisees with a disclosure document (FDD) containing 23 items about the franchise, its officers, and other franchisees. Be sure that The Big Salad provides you with an FDD if you are in discussion to buy a The Big Salad.

What is the The Big Salad Franchise for Sale Rate?

The The Big Salad systemwide health and franchisee satisfaction can be measured by the The Big Saladfranchise for sale rate. The franchise for sale rate is calculated by the percentage of units transferred to new franchisees and reacquired by franchisor.

The Big Salad franchise for sale rate over the past 3 years is 19%. Over the last year we have data for, The Big Salad had a franchise for sale rate of 9%.

Without a comparison, this number doesn’t mean much. Compare how the The Big Salad franchise for sale rate compares to 2,000+ other franchises and Industry franchises like The Big Salad. More info in the The Big Salad metrics tab.

What is the The Big Salad Franchise Failure Rate?

The Big Salad franchise failures comprise franchise terminations, franchise non-renewals, and franchises that ceased operations for other reasons. The failure rate is one of the most important franchise metrics to consider when investing in a franchise!

The Big Salad failure rate over the past 3 years is 9%. Over the last year we have data for, The Big Salad had a franchise failure rate of 0%.

Without a comparison, this number doesn’t mean much. Compare how the The Big Salad franchise for sale rate compares to 2,000+ other franchises and Industry franchises like The Big Salad. More info in the The Big Salad metrics tab.

How can I find out more details on The Big Salad franchise?

Visit the The Big Salad metrics tab to explore franchise profitability, industry comparables and more. Become a Vetted Member today today for exclusive access on this franchise opportunity!

Investment Midpoint

The average of the low and high range of the investment amounts calculated from the most recently available Franchise Disclosure Document

The Big Salad

$388,625

Industry median

All franchises median

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Royalty Fee

The median royalty fee from the Franchise Disclosure Document

The Big Salad

6%

Industry median

All franchises median

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Franchise Fee Midpoint

Payment that the franchisee must pay to the franchise owner in order to start a franchise.

The Big Salad

$59,500

Industry median

All franchises median

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Item 19 – Financial Performance Representations

Historical financial performance representations

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Franchise Financials

Franchisor company financial information and financial performance representations, if disclosed by the franchisor.

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Franchise Disclosure Document

Not Available

General

Industry

Food and Beverage

Category

Fast Casual Restaurant

SBA Identifier

S1733

Year of Founding

2008

Fees

Marketing Fee

2%

Royalty Fee

6%

Franchise Fee

$59,500-$59,500

Investment Range

$269K-$508K

Location units

Total U.S. Locations

16

U.S. Franchised Units

11

U.S. Corporate Units

0

Headquarters (City)

Grosse Pointe Farms

Other

Item 19 - Franchise Financials

Yes

Financing Availability

-

Started Offering Franchises

2009

Issuance of FDD Data

05/01/2020

Detailed Franchise metrics for The Big Salad

Detailed Franchise Metrics are metrics calculated and reviewed by Vetted Biz. You can find the available metrics for The Big Salad below. “N/A" or Not Applicable results mean that there is not enough data available to compute a precise rate or that the result is not mathematically computable. When results are not mathematically computable, you should pay attention to the absolute values (#) instead of the percentage rate itself.

Growth Rate

The percentage change of total franchise units from one year to the next by franchisor.

 

1 year

3 years

The Big Salad

0%

57%

Industry median

All franchises median

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Franchise for Sale Rate

The percentage of units transferred to new franchisees and reacquired by franchisor.

 

1 year

3 years

The Big Salad

9%

19%

Industry median

All franchises median

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Franchise Disclosure Document

Not Available

Net Unit Growth (most recent year)

Net Unit Growth (3 years)

Failure Rate

Franchise failures comprise franchise terminations, franchise non-renewals, and franchises that ceased operations for other reasons.

 

1 year

3 years

The Big Salad

0%

9%

Industry median

All franchises median

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News
Activity
All
Recent
Not Available At This Time

Business details

Company Name

https://mybigsalad.com/

Business email

**********@******.com

Mailing address

18530 Mack Ave., Ste. 555

State headquarters

Michigan

Owner Name

The Big Salad

Phone

+1 (000) 0********00

City

Grosse Pointe Farms

Zip code

48236
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