Salsa Rico vs Diamond Dave's Mexican Restaurants Franchise Comparison

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

Start-Up Costs and Fees

  Salsa Rico Diamond Dave's Mexican Restaurants
Investment 278075 - 406700 189000 - 325000
Franchise Fee
Royalty Fee 5% 4%
Advertising Fee 2% +.5% admin
Year Founded 1999 1979
Year Franchised 2004 1980
Term Of Agreement
Term Of Agreement
Renewal Fee


Business Experience Requirements

  Salsa Rico Diamond Dave's Mexican Restaurants
Experience General business experience

Financing Options

  Salsa Rico Diamond Dave's Mexican Restaurants
 
Franchise Fees Yes
Start-up Costs Yes
Equipment Yes
Inventory Yes
Receivables Yes
Payroll Yes

Training & Support

  Salsa Rico Diamond Dave's Mexican Restaurants
Training
Support Newsletter, Meetings, Grand opening, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives
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)

Expansion Plans

  Salsa Rico Diamond Dave's Mexican Restaurants
US Expansion Mid West,
Canada Expansion 0 0
International Expansion

Start-Up Costs and Fees Mobile

Investment
Salsa Rico
Diamond Dave's Mexican Restaurants
Franchise Fee
Salsa Rico
Diamond Dave's Mexican Restaurants
Royalty Fee
Salsa Rico 5%
Diamond Dave's Mexican Restaurants 4%
Advertising Fee
Salsa Rico 2% +.5% admin
Diamond Dave's Mexican Restaurants
Year Founded
Salsa Rico 1999
Diamond Dave's Mexican Restaurants 1979
Year Franchised
Salsa Rico 2004
Diamond Dave's Mexican Restaurants 1980
Term Of Agreement
Salsa Rico
Diamond Dave's Mexican Restaurants 10 years+
Renewal Fee
Salsa Rico
Diamond Dave's Mexican Restaurants


Business Experience Requirements

Experience
Salsa Rico
Diamond Dave's Mexican Restaurants General business experience

Financing Options

 
Franchise Fees
Salsa Rico
Diamond Dave's Mexican Restaurants
Start-up Costs
Salsa Rico
Diamond Dave's Mexican Restaurants
Equipment
Salsa Rico}
Diamond Dave's Mexican Restaurants
Inventory
Salsa Rico
Diamond Dave's Mexican Restaurants
Receivables
Salsa Rico
Diamond Dave's Mexican Restaurants
Payroll
Salsa Rico
Diamond Dave's Mexican Restaurants

Training & Support

Training
Salsa Rico
Diamond Dave's Mexican Restaurants
Support
Salsa Rico
Diamond Dave's Mexican Restaurants Newsletter, Meetings, Grand opening, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives
Marketing
Salsa Rico
Diamond Dave's Mexican Restaurants Ad slicks
Operations
Salsa Rico
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)

Expansion Plans

US Expansion
Salsa Rico
Diamond Dave's Mexican Restaurants Mid West,
Canada Expansion
Salsa Rico 0
Diamond Dave's Mexican Restaurants 0
International Expansion
Salsa Rico
Diamond Dave's Mexican Restaurants