|
Below is an in-depth analysis and side-by-side comparison of Taco John's including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
||
Investment | $475,000 - $1,599,000 | |
Franchise Fee | $25,000 | |
Royalty Fee | 5% | |
Advertising Fee | 4% | |
Year Founded | 1968 | |
Year Franchised | 1969 | |
Term Of Agreement | 20 years+10+10+10 | |
Term Of Agreement | 20 years+10+10+10 | |
Renewal Fee | - | |
Business Experience Requirements |
||
Experience | ||
Financing Options |
||
In-House/3rd Party | ||
Franchise Fees | No/Yes | |
Start-up Costs | No/Yes | |
Equipment | No/Yes | |
Inventory | No/Yes | |
Receivables | No/No | |
Payroll | No/No | |
Training & Support |
||
Training | - | |
Support | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives | |
Marketing | Co-op advertising, Ad slicks | |
Operations |
37% of all franchisees own more than one unit Number of employees needed to run franchised unit: 15 Absentee ownership of franchise is allowed. (75% of current franchisees are owner/operators) |
|
Expansion Plans |
||
US Expansion | Yes | |
Canada Expansion | No | |
International Expansion | No |