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2025 FDD VERIFIEDFull-Service Restaurants
The Salad House

The Salad House

Franchising since 2011 · 4 locations

The total investment to open a The Salad House franchise ranges from $110,480 - $647,200. The initial franchise fee is $40,000. The Salad House currently operates 4 locations (4 franchised). The top SBA 7(a) lenders for The Salad House are First Business Bank, The Huntington National Bank and Manufacturers and Traders Trust Company. PeerSense FPI health score: 65/100. Data sourced from the 2025 Franchise Disclosure Document.

Investment

$110,480 - $647,200

Franchise Fee

$40,000

Total Units

4

4 franchised

FPI Score
Medium
65

Proprietary PeerSense metric

Strong
Capital Partners
4lenders available

Active capital sources verified for The Salad House financing

SBA

7(a) Eligible

21d

Avg Funding

P+2.25%

Best Rate

No retainers · Referral fee at closing

FPI Score Breakdown

Emerging (3-9 loans)

Medium Confidence
65out of 100
Strong

SBA Lending Performance

SBA Default Rate

0.0%

0 of 6 loans charged off

SBA Loans

6

Total Volume

$2.0M

Active Lenders

4

States

2

Top SBA Lenders for The Salad House

What is the The Salad House franchise?

The question every serious franchise investor asks before committing six figures isn't "Is this a good concept?" — it's "Will this specific brand survive long enough for me to recoup my investment and build real wealth?" In the fast-casual restaurant segment, that question is more urgent than ever. Roughly 60% of independent restaurants fail within the first year, and franchise systems with fewer than 50 locations carry a disproportionate share of execution risk. The Salad House franchise sits at a genuinely interesting inflection point: a New Jersey-born, health-focused fast-casual brand founded in 2011 by Joey Cioffi that launched its first location in Millburn, NJ, and has spent the intervening 14 years quietly building a loyal regional customer base before accelerating into a multi-state franchise expansion. Cioffi, who remains Founder and CEO, opened the second location in Morristown in 2013, and the brand didn't begin franchising until 2017 — a deliberate, six-year runway of operational refinement before selling a single franchise agreement. That restraint is meaningful signal. As of April 2025, The Salad House operates 20 locations with 12 additional units in various stages of development, bringing total signed territories to 32. The brand is currently expanding across the Northeast corridor — New Jersey, New York, Connecticut, Pennsylvania, Maryland, and Virginia — targeting a health-conscious dining market that has grown from a niche preference into a dominant consumer category. Corporate headquarters are in New Jersey, with Westfield, NJ, serving as a key operational hub. The leadership team includes Jerry Eicke as Director of Franchise Development, Tim Banos as a partner in Salad House Franchising, Jarrod Bravo as Director of Operations, and Phil Kaiser as Culinary Director — a structure that reflects an operator-led organization rather than a PE-backed roll-up. This analysis presents independent, data-driven franchise intelligence — not promotional copy — for investors conducting serious due diligence on The Salad House franchise opportunity.

The fast-casual restaurant industry generated approximately $209 billion in U.S. revenue in 2023 and is projected to grow at a compound annual rate of 10.6% through 2028, making it one of the most structurally attractive segments in the broader $997 billion U.S. restaurant market. Within that segment, health-focused and customizable meal concepts are growing at a meaningfully faster pace than the category average, driven by three durable secular trends: rising consumer health consciousness, accelerating demand for clean-label ingredients, and the sustained preference for quick-service formats that eliminate the time cost of full-service dining without sacrificing perceived food quality. A 2023 Technomic survey found that 68% of restaurant consumers actively look for healthier menu options compared to five years prior, and customization — the ability to build a meal from individual components — ranked as the number-one driver of repeat visits among fast-casual diners under 45. The Salad House franchise is architected around precisely these trends: a build-your-own format centered on fresh salads, grain bowls, wraps, and other customizable menu items that position the brand as a daily-use dining destination rather than an occasional treat. This creates fundamentally higher visit frequency than dessert-focused or indulgent fast-casual concepts. The competitive landscape in health-focused fast-casual remains fragmented at the regional level, which is exactly where The Salad House is operating — the Northeast corridor represents one of the highest-density concentrations of health-conscious, above-median-income consumers in the country. Macro forces including remote and hybrid work patterns (which redistribute lunch traffic from downtown cores to suburban corridors), increased consumer spending on wellness, and the permanent behavioral shifts in food sourcing habits formed during the COVID-19 pandemic all create a favorable demand environment for a brand like The Salad House, which actually saw store revenues increase during the pandemic as families ordered healthy food in larger group sizes with higher per-ticket averages compared to 2019.

The Salad House franchise investment begins with a $40,000 initial franchise fee, which is consistent with the fast-casual franchise category average of $35,000 to $50,000 and reflects a mid-tier entry price for a regional emerging brand. Importantly, the brand offers a veteran incentive of 25% off the franchise fee, reducing the initial fee to $30,000 for qualifying military veterans — a meaningful cost reduction that brings the accessible entry price further into range. Total initial investment for a Salad House franchise ranges from approximately $269,200 to $454,500 according to one source, with alternative disclosures citing ranges of $279,400 to $650,500 and $303,700 to $750,500 depending on format, geography, and buildout complexity. The database range of $110,480 to $647,200 captures the full spread across investment scenarios. The variation across these ranges is attributable to real estate costs (which fluctuate significantly across New Jersey, New York, and Connecticut markets), leasehold improvement requirements, equipment packages, initial inventory, business licensing, and working capital reserves. Prospective franchisees are required to demonstrate liquid capital of $85,000 to $100,000 and a net worth of at least $125,000 to $175,000, positioning The Salad House franchise as an accessible investment tier relative to national fast-casual brands that routinely require $300,000 or more in liquid capital. The ongoing royalty rate runs between 6.0% and 7.0% of gross sales, which is standard for the fast-casual segment — comparable brands in the health-focused category typically charge royalties in the 5% to 8% range. No explicit advertising fund percentage was published in available disclosure materials. From a total cost-of-ownership perspective, The Salad House franchise sits in the accessible-to-mid-tier range of fast-casual investment, requiring meaningfully less capital than national chains while offering the unit economics potential of a high-frequency, health-focused concept. SBA loan eligibility is a common financing pathway for fast-casual restaurant franchises in this investment tier, and prospective investors should engage an SBA-approved lender early in the due diligence process given the brand's stage and growth trajectory.

The Salad House operating model is built around the fast-casual service format — counter-order, fresh-assembled meals, and a high-throughput kitchen designed for efficiency during peak lunch and dinner windows. Franchisees operate in inline retail formats, typically in suburban strip centers and mixed-use developments across the Northeast, which reflect the brand's strategic focus on accessible neighborhood locations rather than high-cost urban flagship sites. The brand has designed its support infrastructure around the reality that many of its franchisees are not career restaurateurs — a top-performing location generating $2.5 million in annual revenue was operated by someone with zero prior restaurant experience, a data point that speaks directly to the effectiveness of the training and support system. The Salad House provides an extensive training program designed to prepare franchisees for day-to-day operations, covering everything from food preparation and kitchen management to team hiring, scheduling, and financial reporting. Ongoing support includes field consultants, operational guidance from Jarrod Bravo as Director of Operations, and access to the corporate team's accumulated experience across 20-plus locations. Territory exclusivity is a structural component of the franchise agreement, and the brand is actively targeting multi-unit franchisees — investors willing to commit to two or more locations within a defined geographic area — which suggests the corporate team views territory development as a portfolio-building exercise rather than a single-unit play. The leadership structure supporting franchisees includes specialized functions: Phil Kaiser as Culinary Director ensures menu consistency and innovation, Chelsea Saggio in an executive support role provides operational continuity, and Jerry Eicke's franchise development function manages the pipeline of new agreements. This is an owner-operator-oriented model rather than an absentee-investor model, and prospective franchisees should plan to be actively involved in their location, particularly during the first 12 to 24 months of operation.

Item 19 financial performance data is not disclosed in the current Franchise Disclosure Document for The Salad House, which means prospective franchisees cannot rely on a standardized, audited revenue or profit disclosure from the FDD itself. This is not uncommon for emerging regional franchise brands with fewer than 50 locations — the sample size constraints and variability of a growing system often make comprehensive Item 19 disclosure difficult to present in a statistically meaningful way. However, publicly available performance data provides meaningful context for investment analysis. A top-performing Salad House location generated $2.5 million in annual revenue, a figure that represents exceptional performance for a fast-casual concept of this scale. For locations open a full calendar year in 2022, sales reached $1.8 million — a figure that, applied against a royalty rate of 6% to 7%, implies royalty payments of $108,000 to $126,000 per year to the franchisor from a single mature unit. The company's total reported annual revenue was $3.3 million as of December 2024, which reflects the brand's stage as an emerging regional system rather than a mature national chain. For context, the fast-casual restaurant industry average unit volume runs approximately $1.1 million to $1.5 million per year depending on format and geography — meaning The Salad House's reported top-performer and 2022 calendar-year figures of $2.5 million and $1.8 million, respectively, sit meaningfully above the category median. These figures suggest that well-operated locations in the right Northeast markets can achieve above-average unit volumes. Payback period analysis depends heavily on buildout cost and operating margin, which vary by location, but an investor achieving $1.8 million in annual revenue with a conservative 12% to 15% restaurant-level operating margin would generate $216,000 to $270,000 in annual unit-level earnings — implying a payback period of roughly two to three years on a midpoint total investment of approximately $450,000. Prospective franchisees are encouraged to request the full FDD and consult independently with a franchise attorney and CPA to model their specific investment scenario.

The Salad House has followed a measured but accelerating growth trajectory since beginning to franchise in 2017. The brand opened its third location — the first franchised unit, in Westfield, NJ — in 2017 after Jerry Eicke, a frequent customer turned franchise partner, entered a development agreement in 2016. By December 2022, the system had grown to nine locations in New Jersey with commitments from 12 additional franchise members to open additional locations. By October 2024, CEO Joey Cioffi described the brand as "coming up to 19 locations right now, lots more in the hopper" on a public podcast, and by April 2025, the count stood at 20 open locations with 12 more in development — representing a total signed pipeline of 32 territories. New locations confirmed for 2025 and early 2026 include openings in Wall, Metuchen, and Marlboro, NJ, with planned sites in Wayne and East Brunswick also in development. Three Maryland locations — in Brandywine, Waldorf, and Annapolis — are targeted to open by end of 2025, representing the brand's first significant out-of-state cluster push. Additional 2025 openings are slated for Jersey City, Westchester County, and Staten Island, extending the brand's footprint into the New York metropolitan core. Franchise agreements in the pipeline also cover Virginia and Long Island, signaling a coherent Mid-Atlantic corridor expansion strategy. The competitive moat The Salad House is building rests on several structural advantages: a proven fresh-customizable format that aligns with dominant consumer trends, a deliberately suburban real estate strategy that reduces occupancy costs relative to urban fast-casual competitors, a founder-led management culture that prioritizes franchisee profitability over rapid unit count growth, and a geographic concentration in the Northeast that enables efficient field support and supply chain logistics. The brand's pandemic-era performance — growing store revenues compared to 2019 despite industry-wide disruption — demonstrated operational resilience that strengthens the investment case.

The ideal Salad House franchisee is a motivated owner-operator with strong people management skills and a genuine commitment to the brand's health-focused mission, though prior restaurant experience is not a prerequisite — as demonstrated by the brand's top-performing $2.5 million location operated by someone with no food service background. The brand is actively recruiting multi-unit operators, meaning investors prepared to develop two or more locations within a defined territory will receive priority consideration and may negotiate more favorable development terms. Available territories are concentrated in the Northeast, with active franchise development focused on New Jersey, New York, Connecticut, Pennsylvania, Maryland, and Virginia. The Salad House is registered to franchise in a broad set of states including Connecticut, Delaware, Florida, Georgia, Maryland, Massachusetts, New Hampshire, New Jersey, New York, North Carolina, Ohio, Pennsylvania, South Carolina, Tennessee, Texas, Virginia, and West Virginia, giving motivated investors substantial geographic optionality. Markets with high concentrations of health-conscious, dual-income suburban households represent the brand's strongest performance environment, consistent with the existing New Jersey location network that spans Millburn, Morristown, Westfield, and surrounding communities. The timeline from signed franchise agreement to open location varies by real estate and permitting conditions but is typical of fast-casual buildouts in the six-to-twelve-month range. The franchise agreement includes territorial exclusivity protections, and resale and transfer provisions are detailed in the FDD — prospective investors should review these terms carefully with legal counsel before signing.

The Salad House franchise presents a genuinely compelling investment thesis for the right investor profile: a founder-led, health-focused fast-casual brand in a high-growth consumer category, with a disciplined expansion strategy concentrated in one of the wealthiest and most health-conscious regional markets in the United States, an accessible franchise fee of $40,000 with a veteran discount reducing it to $30,000, a total investment range of approximately $110,480 to $647,200 depending on format and market, a royalty structure of 6% to 7%, publicly reported unit revenues as high as $2.5 million at top-performing locations, and a signed pipeline of 32 territories that signals meaningful near-term system growth. The brand carries a PeerSense FPI Score of 65, which falls in the Strong category — a quantitative assessment reflecting the brand's operational stability, franchisee support infrastructure, and growth trajectory relative to peers at a comparable stage. The fast-casual health segment's projected 10.6% annual growth rate through 2028 creates a structural tailwind that benefits first-movers in underserved suburban Northeast markets. With 12 units currently in development and a multi-state expansion underway into Maryland, Virginia, and the broader New York metro area, investors who act during this window are entering a system with meaningful runway ahead rather than at peak saturation. PeerSense provides exclusive due diligence data including SBA lending history, FPI score analysis, location maps with Google ratings, FDD financial data, and side-by-side comparison tools that allow investors to benchmark The Salad House against competing fast-casual franchise opportunities across every relevant financial dimension. Explore the complete The Salad House franchise profile on PeerSense to access the full suite of independent franchise intelligence data.

FPI Score

65/100

SBA Default Rate

0.0%

Active Lenders

4

Key Highlights

Low SBA default rate (0.0%)

Data Insights

Key performance metrics for The Salad House based on SBA lending data

SBA Default Rate

0.0%

0 of 6 loans charged off

SBA Loan Volume

6 loans

Across 4 lenders

Lender Diversity

4 lenders

Avg 1.5 loans per lender

Investment Tier

Significant investment

$110,480 – $647,200 total

The Salad House — Deep SBA Data

Brand-specific metrics derived directly from SBA 7(a) approval records — peak lending year, leading state, average loan size, and lender concentration. PeerSense computes these per brand so capital advisors and prospective franchisees can benchmark this opportunity against the rest of the franchise universe.

Peak SBA Year

2024

3 approvals — best year on record for The Salad House.

Top SBA State

New Jersey

4 SBA-financed The Salad House locations — the densest operator footprint.

Average Loan Size

$334K

Median $333K — use as a sizing anchor when modeling your own $The Salad House unit.

Lender Concentration

83.3%

Concentrated

Share of The Salad House approvals captured by the top 3 SBA lenders.

The Salad House's SBA lending pipeline peaked in 2024 (3 approvals). The last five fiscal years account for 83% of cumulative volume ($2.0M approved). Operator density is highest in New Jersey with 4 SBA-financed locations. Average funded ticket sits at $334K, with the median at $333K. Lender mix is concentrated: the top three SBA lenders account for 83.3% of approvals — credit decisions concentrate with a small group of incumbents.

Payment Estimator

Loan Amount$88K
Interest Rate9.5%
Term (Years)10 yr

Estimated Monthly Payment

$1,144

Principal & Interest only

Locations

The Salad Houseunit breakdown

Total Units
N/A
Franchisee Owned
System Owned
Closed

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1 FDD Available for The Salad House

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The Salad House