The Taco Maker vs Binghamton Hots Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of The Taco Maker vs Binghamton Hots including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees

 
The Taco Maker Franchise
Binghamton Hots Franchise
Investment $221,000 - $400,000$122,850 - $213,450
Franchise Fee $19,000 - $29,000$25,000
Royalty Fee 5%5%
Advertising Fee -2%
Year Founded 1978-
Year Franchised 1978-
Term Of Agreement 15 years10 years +5+5
Term Of Agreement 15 years10 years +5+5
Renewal Fee $5K-


Business Experience Requirements

 
The Taco Maker Franchise
Binghamton Hots Franchise
Experience
  • Industry experience
  • General business experience
  • Some familiarity with restaurant operations is helpful, but it’s not required to be part of the Binghamton HOTS casual restaurant franchise program. We do look for people who will be dedicated to their restaurant operations, and who have solid business and people management experience. The ability to build a strong operations team and potentially open and operate multiple units are also important factors we evaluate.

    Financing Options

     
    The Taco Maker Franchise
    Binghamton Hots Franchise
      In-House/3rd PartyIn-House/3rd Party
    Franchise Fees No/YesNo/-
    Start-up Costs No/YesNo/-
    Equipment No/YesNo/-
    Inventory No/YesNo/-
    Receivables No/NoNo/-
    Payroll No/NoNo/-

    Training & Support

     
    The Taco Maker Franchise
    Binghamton Hots Franchise
    Training -Classroom (up to 16 hours) On-the-job (up to 60 hours) sessions
    Support Newsletter, Toll-free phone line, Grand opening, Field operations/evaluations, Purchasing cooperativesWe will send a representative to assist you and your team on-site around the time of your Grand Opening. We will present you with a copy of our confidential operations manual to help you run your casual restaurant franchise properly on a day-to-day basis.
    Marketing Co-op advertising, National media-
    Operations International franchisees required to buy multiple units/master licenses; 30% of all franchisees own more than one unit

    Number of employees needed to run franchised unit: 35

    Absentee ownership of franchise is NOT allowed. (90% of current franchisees are owner/operators)

    -

    Expansion Plans

     
    The Taco Maker Franchise
    Binghamton Hots Franchise
    US Expansion -Yes
    Canada Expansion No-
    International Expansion Yes-

    Company Overviews

    About The Taco Maker

    After gaining valuable experience in successfully developing a large franchise system, Gil L. Craig founded
    The Taco Maker Inc. in 1968. Based in Ogden, Utah, The Taco Maker franchise system has locations in the United States, Latin America, Western Europe, and the Far and Middle East. Franchise sites include traditional freestanding buildings and mall food courts as well as the Express program, which complements
    The Taco Maker's co-branding relationship with companies including Blimpie and selected service station chains. Now seeking motivated, outgoing individuals looking to franchise and become a part of a fast growing community. We offer a winning combination of food brands that include The Taco Maker, Jake's Over the Top, and Mayan Juice - all available as part of the same outlet. We have locations in a variety of outlet types, with design formats to meet almost every need. Our facilities are designed to reflect specific motifs with state-of-the-art materials and equipment. All of this sets us apart from the competition. The creation of fine foods starts with kitchen and production lines that are clean and organized in such a way as to encourage efficiency and minimize waste. Franchise Opportunities are Available! The diversity of our multiple-brand outlets makes them the most successful opportunities available. Single-concept outlets are available when restrictive elements exist because of covenants or prior exclusivity on competing products. We have the ability to go into spaces from 400 square feet to 3500 square feet in traditional freestanding units, convenience stores, shopping malls, food courts, airports, and in-line strip centers, all of which have all proven their success.

    About Binghamton Hots

    Everyone, from college kids and downtown residents to families and workers from local businesses, comes in to Binghamton HOTS for food and fun, throughout the day and night.

    You can create your own local a destination that appeals to today’s consumers, including Millennials, who want creative menu options loaded with convenience.
    • You can build business with flexible service options across multiple dayparts - from lunch to dinner to late night - and even offer carry-out, delivery, and catering options, too.
    • You can be part of the immense restaurant industry, where demand for customization, convenience and flavor have quick service and fast-casual sales on a continual upward growth trend.
    Best of all, you can operate your local HOTS spot with confidence, with our full support at every stage of your restaurant’s operations.