Just Salad
Bottom line
- Total investment $306K – $1.3M including a $30K franchise fee, 6.0% ongoing royalty.
- No Item 19 financial performance data disclosed — the franchisor chose not to publish revenue figures.
- Rated MODERATE with a risk score of 63/100. SBA loan default rate of 0.0% across 1 loans (below the industry average).
- Auditor disclosed a going-concern note — flagged doubt about the franchisor's ability to continue operations. Verify against the latest FDD.
Item 1 · who you're contracting with
The Franchisor
Yale framework · single-unit ROIC
Returns Analysis
Pulls Item 7 (investment) and Item 19 (revenue) from this brand's FDD into the Yale unlevered-ROIC formula. Override any input to stress-test it against your own assumptions.
The model · Yale framework
What would one Just Salad unit return on the cash you put in?
Unlevered ROIC · per unit
14%
Below typical band (30–60%)
Overview
About
Just Salad franchisees operate fast-casual salad and bowl restaurants, managing inventory of fresh produce, assembling customized orders, staffing front-of-house and kitchen operations, and maintaining food safety protocols. Daily responsibilities include supplier coordination, cash/POS management, customer service, and potential delivery logistics if applicable to the location's model.
Item 7 · what it costs
The Vitals
Item 19
Financial Performance
This franchisor did not disclose financial performance representations in Item 19, or our extractor could not parse them.
Item 20 · unit dynamics
The Growth Chart
Year-over-year franchised unit counts and net change. Source: FDD Item 20.
Item 20 · 8 states with active franchisees
The Territory Map
Derived from franchisee contact records. Shows states with at least one current operator — not where the franchisor is registered to sell new units (that data is re-extracting in a future refresh).
States derived from franchisee phone area codes (Item 20). Approximate — ported numbers may show the original state, not the franchisee's current location.
Government records
SBA Loan Data
Aggregated from SBA 7(a) loan disclosures, public data unique to FranchiseVerdict.
FranchiseVerdict rating + FDD Items 3, 5, 6, 12, 17
Risk & Legal
Just Salad presents caution-level risk due to absent financial performance data, unprotected territories, and rapid system expansion without transparent unit economics.
Score breakdown · what drove the 63 / 100 rating
- 01MINORNo Item 19 financial disclosure (average unit revenue and net income not provided) — impossible to validate ROI claims
- 02MINORUnprotected territory creates direct competition risk; other franchisees can open near your location
- 03MINOR47 units with 66.7% YoY growth suggests rapid expansion from ~28 units — quality control and support scaling concerns
- 04MINORWide investment range ($306k-$1.25M) indicates inconsistent build-out costs or unclear financial projections
- 05HIGHNo litigation disclosed but QSR salad category has faced food safety scrutiny; reputational risk not quantified
Severity inferred from the FDD text · not a regulatory classification
FDD Items 5, 6, 12, 17 · continued from Risk & Legal
Contract & Territory Detail
Item 11
Training & Operations
Item 20
Franchisee Contacts
Phone numbers extracted directly from this brand's FDD Item 20. After purchase, you'll also receive a list of validation questions tailored to this brand.
Franchisee contacts
10 numbers
One-time purchase · CSV download · Validation questions included
FDD download
Just Salad · FDD (2022) PDF