Just SaladFranchise Cost, Revenue & Review 2026
Data from FDD filing + SBA 7(a) records
FranchiseVerdict summary · 2026
A Just Salad franchise requires a total initial investment of $306K – $1.3M, including a $30K franchise fee and an ongoing 6.0% royalty[2]. The 2022 FDD does not disclose unit-level revenue (no Item 19). Verdict grade: D. Run a live ROI scan →
Data last verified June 18, 2026 · figures per the 2022 FDD issuance
Overview
- Investment
- $306K – $1.3M
- 19th pct Service Resta…
- Avg gross sales
- N/A
- 28th pct Service Resta…
- Royalty
- 6.0%
- 26th pct Service Resta…
- Units
- 47
- 36th pct Service Resta…
- SBA default
- N/A
Quick verdict · Full-Service Restaurants · color = vs category peers
Green = >15% above Full-Service Restaurants avg · No shading = within ±15% · Red = >15% below avg · Source: FDD filings + SBA 7(a)
Data from public FDD filings and SBA records. Not financial advice. Methodology
The system grew 67% year-over-year. Fast growth means demand, but can strain support.
The franchisor's auditor raised doubt about continued operations. This is a serious risk signal.
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.
- Verdict D (Below Average) with a risk score of 73/100.
- Auditor disclosed a going-concern note, which flagged doubt about the franchisor's ability to continue operations. Verify against the latest FDD.
Item 1 · who you're contracting with
The Franchisor
- Legal entity
- Just Salad Franchise US LLC
- Parent company
- Just Salad LLC
- Incorporated in
- DE
- HQ
- 663 Lexington Ave, Floor 2, New York, New York 10022
- Auditor
- CohnReznick
- Audited financials
- Franchisor revenue
- $16K
- vs $72K prior year
- ⚠ Going-concern note
- Disclosed in FDD 2022
- Status as of 2022; may have been resolved in a later filing we don't yet have.
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.
- CEO
- Nicholas F. Kenner
- Headquarters
- NY
- Founded
- 2017
- FDD year
- 2022
- States available
- 6
FDD Item 7 · 2022 filing · 21 line items
Initial investment breakdown
| Line item | Low | High | |
|---|---|---|---|
| Initial Franchise Fee | $30K | $30K | |
| Training expensesnot refundable | $5K | $13K | |
| Real property | — | — | |
| Development team site visitnot refundable | $0 | $400 | |
| Equipment, fixtures, other fixed assets, construction, design, remodeling, leasehold improvements and decorating costsnot refundable | $201K | $962K | |
| Point of sale system (hardware and software)not refundable | $7K | $17K | |
| Just Salad Online Ordering Systemnot refundable | $375 | $375 | |
| Opening inventorynot refundable | $9K | $14K | |
| Security deposits, utility deposits, business licenses, and other prepaid expensesnot refundable | $0 | $100K | |
| Organizational expense - fees to accountant/attorneynot refundable | $4K | $10K | |
| Uniformsnot refundable | $2K | $3K | |
| Menu Board and Signsnot refundable | $3K | $15K | |
| Printed Menusnot refundable | $2K | $3K | |
| Security Systemnot refundable | $5K | $5K | |
| Furniture (tables and chairs)not refundable | $2K | $20K | |
| Small Waresnot refundable | $8K | $14K | |
| Electronic equipment, telephone and internet installationnot refundable | $2K | $5K | |
| Insurance (annual premium)not refundable | $4K | $12K | |
| Additional funds (initial period - 3 months)not refundable | $25K | $30K | |
| Development Fee (Area Developer, 2-5 Restaurants)not refundable | $15K | $60K | |
| Total initial investment | $324K | $1.3M |
Line items extracted from FDD Item 7. Ranges reflect the franchisor's stated low and high per line. Total is the sum of line-item lows / highs — actual costs may fall outside this range depending on market and build-out scope.
Item 7 · what it costs to open + operate
The Vitals
- Total investment
- $306K – $1.3M
- Better than avg vs category
- Liquid capital req'd
- $25K – $30K
- Better than avg vs category
- Franchise fee
- $30K – $30K
- Better than avg vs category
- Royalty
- 6.0%
- Gross Revenues · typical 6–8%
- Ad fund
- 1.5%
- typical 3–5%
- Total fee load
- 7.5%
- vs 9–13% typical
Ongoing fees · Item 6
| Fee | Amount |
|---|---|
| Royalty | 6.0% of gross sales |
| Marketing / ad fund | 1.5% of gross sales |
| Technology fee | $125 |
| Transfer fee | $1 |
| Renewal fee | $50 |
| Total fee load | 7.5% of rev |
Financial Performance
This franchisor did not disclose financial performance representations in Item 19, or our extractor could not parse them.
vs Full-Service Restaurants averages
How Just Salad Compares
Unit growth
Item 20 · unit dynamics
The Growth Chart
- Total units
- 47
- Opened
- 2
- Last reporting year
- Closed
- 0
- Turnover rate
- 0.0%
- Company-owned
- 42
- Corporate units in the system
- % franchised
- 11%
- vs corporate-owned
- Multi-unit owners
- 1.0%
- Net growth (yr3)
- +66.7%
- Net unit change last year
- 3-yr CAGR
- Outlier (see FDD)
- Likely small-sample artifact
3-year detail · Item 20
- Transfers (3yr)
- 0
- Continuity rate
- 100.0%
- Units that stayed open
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 contact records (FDD Item 20). Shows states with at least one current operator on file. Full state registration data (Item 12) will appear on a future FDD refresh.
Fast growth in a small system. Newer franchisors expanding quickly may not yet have the support infrastructure of larger systems.
SBA loan performance
Government records
SBA Loan Data
Aggregated from SBA loan disclosures. This brand has only 1 7(a) loan on file; statistical reliability is limited below 10 loans.
- Total loans
- 1
- Loan volume
- $1.2M
- Median loan
- $1.2M
- 50th percentile
- Charge-off rate
- N/A
Historical SBA 7(a) lending data, not predictive of future performance. How SBA charge-off rates are calculated
- Repayment rate (PIF)
- N/A
- 5-yr charge-off
- N/A
- Loans approved 2021+
- Active lenders
- 1
- Defaults
- 0
Explore lender portfolios on Bank Reports or regional data on State Reports.
Premium insight
SBA Lending Report
Deep-dive into Just Salad's SBA lending history: lender network, geographic footprint, interest rates, and more.
SBA Lending Report
- Principal loss rate and NAICS industry benchmark
- 1 lenders with concentration factor
- Per-state charge-off rates across 1 states
- Startup risk premium and job creation velocity
- 1-year lending trend
Instant access. No subscription.
Risk analysis
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.
Litigation (Item 3)
No litigation required to be disclosed
Bankruptcy (Item 4)
None disclosed
Audited financials (Item 21)
Yes · CohnReznick⚠ Going-concern note flagged
Franchisor revenue (Item 21)
Franchisor entity revenue (not unit-level)
Score breakdown · what drove the 73 / 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
| Initial term | 10 years |
|---|---|
| Renewal term | 10 years |
| Territory type | Geographic |
| Protected territory | No |
| Online sales rights | Restricted |
| Franchisor can compete | Yes |
| Hire a manager? | Allowed |
| Owner-operator | Required |
| Non-compete (years)ℹ | 2 years |
| Right of first refusalℹ | Yes |
| Termination notice | 15 days |
| Mandatory arbitration | No |
| Jury trial waiver | Yes |
| Governing law | New York |
| Litigation count | 0 |
View Item 3 litigation summary
No litigation required to be disclosed
Items 10, 11
Training & Operations
- Classroom training
- 4 hrs
- On-the-job training
- 272 hrs
- Training location
- On-site and corporate
- POS system
- Brink
- Operating tech stack
Items 5 & 11
Franchisor Support
Technology: Brink
Item 20 · call current owners
Franchisee Contacts
10 owners to call
Name · phone · city · state. Extracted from FDD Item 20
FDD download
Just Salad · FDD (2022) PDF
Frequently asked questions
Frequently Asked Questions
How much does it cost to open a Just Salad franchise?
The total investment to open a Just Salad franchise ranges from $306K – $1.3M, with an initial franchise fee of $30K. This includes real estate, equipment, inventory, and working capital as disclosed in their Franchise Disclosure Document (FDD).
What do Just Salad franchise owners earn?
Just Salad does not disclose average franchise owner earnings in their FDD Item 19. Not all franchisors are required to make financial performance representations. We recommend asking existing franchisees directly about their financial experience.
What is Just Salad's franchise failure rate?
SBA 7(a) loan charge-off data is not available for Just Salad (fewer than 10 loans on file). Charge-off rates are one way to gauge franchise risk, but not all franchise loans go through the SBA program. We recommend reviewing turnover and closure data in the FDD and speaking with current franchisees.
How many Just Salad franchise locations are there?
As of their most recent FDD filing, Just Salad has 47 total units in the United States, including 5 franchised units and 42 company-owned units. 2 new units were opened in the latest reporting year.
Is Just Salad a good franchise to buy?
FranchiseVerdict rates Just Salad as a D-grade franchise with a risk score of 73 out of 100, based on our analysis of investment costs, revenue data, SBA loan performance, and growth trends. Our rating is based solely on publicly available FDD and government data; we recommend speaking with current franchisees before making any investment decision. This is not investment advice.
Data sourced from public FDD filings and SBA 7(a) FOIA records. Not financial advice.
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Data extracted from public FDD filings and SBA 7(a) loan disclosures (FOIA). This information is provided for research purposes only and does not constitute financial, legal, or investment advice. Verify all figures with the franchisor's current Franchise Disclosure Document before making any investment decision.