FranchiseVerdict
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FV-02211·MODERATEStandard76

Salady

Food & Beverage - Full ServiceFranchising since 2024Website
Investment
$321K – $573K
40th pct Full Service
Avg revenue
57th pct Full Service
Royalty
3.5%
5th pct Full Service
Units
1
3rd pct Full Service
SBA default
0.0%
vs <3% typical

Bottom line

  • Total investment $321K – $573K including a $30K franchise fee, 3.5% ongoing royalty.
  • No Item 19 financial performance data disclosed — the franchisor chose not to publish revenue figures.
  • Rated MODERATE with a risk score of 67/100. SBA loan default rate of 0.0% across 50 loans (below the industry average).
  • No Item 19 financial performance representation. Without franchisor-disclosed revenue data, you'll need to gather unit economics directly from existing franchisees.

Item 1 · who you're contracting with

The Franchisor

Legal entity
Salady America, Inc.
Parent company
Salady Co., Ltd.
Incorporated in
California
HQ
3435 Wilshire Blvd., Ste 3005, Los Angeles, CA 90010
Auditor
Dow & Sohn CPAs
Audited financials
Franchisor revenue
$21K
vs $0 prior year

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 Salady unit return on the cash you put in?

Revenue · per unit, per year
$
Item 19 not disclosed — typing your own estimate
Franchisor take · royalty + ad fund
Royaltytyp 68%
%
Ad fundtyp 35%
%
Operating costs · category default: generic
COGS
%
Labor
%
Rent / occupancy
%
Other operating
%
Total invested capital · what you actually put in
Initial investment
$
FDD Item 7: $321K–$573K
Working capital
$
FDD reports $50K–$70K

Unlevered ROIC · per unit

27%

Below typical band (30–60%)

0%30–60% Yale band80%

Store EBITDA · annual
$139K
EBITDA margin
18.5%
Total invested
$507K
Payback
44 mo
Unit-level only. A multi-unit portfolio gives up roughly 5–15% of this to shared services (corporate G&A) before reaching the ~10-unit break-even Yale describes.

Overview

About

Salady franchisees operate quick-service restaurants or fast-casual concepts focused on salads and healthy prepared foods. Day-to-day operations include food prep, inventory management, POS systems, customer service, and managing a small team in a retail or food court location.

CEO
Geon Ho Lee
Founded
2024
FDD year
2026
States available
1

Item 7 · what it costs

The Vitals

Total investment
$321K – $573K
All-in to open one unit
Liquid capital
$50K – $70K
Cash you must have on hand
Franchise fee
$30K
Royalty
3.5%
Gross Sales · typical 6–8%
Ad fund
1.0%
typical 3–5%
Total fee load
4.5%
vs 9–13% typical

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

Total units
1
Opened
1
Last reporting year
Closed
0
Turnover rate
0.0%
Company-owned
0
Corporate units in the system
% franchised
100%
vs corporate-owned
2024
1+1
Franchised units
2025
0
Franchised units
2026
0
Franchised units

Year-over-year franchised unit counts and net change. Source: FDD Item 20.

Item 20 · 5 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).

AK
ME
VT
NH
MA
RI
CT
NY
NJ
PA
DE
MD
DC
WA
OR
CA
NV
ID
MT
WY
UT
CO
AZ
NM
ND
SD
NE
KS
OK
TX
MN
IA
MO
AR
LA
WI
IL
MS
TN
MI
IN
KY
AL
OH
WV
GA
VA
NC
SC
FL
HI
Registered · 5 states
Not registered

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.

Total loans
50
Loan volume
Avg loan
Default rate
0.0%
vs <3% typical · system-wide
5-yr default

FranchiseVerdict rating + FDD Items 3, 5, 6, 12, 17

Risk & Legal

67
Risk · 0-100
MODERATE67 / 100

Salady presents extremely high risk due to going concern status, single-unit system with unproven model, zero financial performance transparency, and unprotected territory—fundamental red flags indicating either pre-revenue stage or distressed franchisor.

Score breakdown · what drove the 67 / 100 rating

  1. 01HIGHGoing Concern status indicates material financial viability questions about franchisor
  2. 02MINOROnly 1 unit in system suggests franchise model unproven or recently launched with no track record
  3. 03MINORNo average revenue or net income disclosure prevents ROI evaluation against $320.5k-$572.5k investment
  4. 04MINORUnprotected territory creates direct competition risk and cannibalization potential
  5. 05MINORHigh investment range ($252k spread) suggests inconsistent buildout costs and unclear cost structure
  6. 06MINOR5-year term is shorter than industry standard (typically 10), limiting ability to recover investment
  7. 07HIGHNo disclosed litigation history is immaterial given only 1 unit exists—insufficient franchisee base to generate disputes

Severity inferred from the FDD text · not a regulatory classification

FDD Items 5, 6, 12, 17 · continued from Risk & Legal

Contract & Territory Detail

Territory
Radius
Protected territory
No
Initial term
5 years
Renewal term
5 years
Online sales rights
Restricted
Franchisor can compete
Yes
Hire a manager?
Allowed
Litigation count
0
Right of first refusal
Yes
Franchisor can buy back on resale
Mandatory arbitration
Yes
Jury trial waiver
Yes
Non-compete
2 yrs
Post-termination restriction
Owner-operator
Required
Governing law
California

Item 11

Training & Operations

Classroom training
33 hrs
On-the-job training
54 hrs

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

5 numbers

Locked
(360) 902-••••
WA
(213) 487-••••
CA
(605) 773-••••
SD

One-time purchase · CSV download · Validation questions included

FDD download

Salady · FDD (2026) PDF

Single-page checkout · instant download · CSV export of contacts available separately above