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Updated RecentlyTacoTime vs Margaritas Mexican Restaurant Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of TacoTime vs Margaritas Mexican Restaurant including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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| Investment | $331,150 - $636,800 | $1,182,000 - $1,454,000 |
| Franchise Fee | $30,000 | $30,000 |
| Royalty Fee | 6% | 4% |
| Advertising Fee | - | - |
| Year Founded | 1959 | - |
| Year Franchised | 1961 | - |
| Term Of Agreement | 15 years | - |
| Term Of Agreement | 15 years | - |
| Renewal Fee | - | - |
Business Experience Requirements |
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| Experience | - | |
Financing Options |
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| In-House/3rd Party | In-House/3rd Party | |
| Franchise Fees | No/No | -/- |
| Start-up Costs | No/No | -/- |
| Equipment | No/Yes | -/- |
| Inventory | No/No | -/- |
| Receivables | No/No | -/- |
| Payroll | No/No | -/- |
Training & Support |
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| Training | K-Tec is a 5-day training all Kahala franchisees receive and is the companion to brand specific in-store training. It introduces participants to the Kahala culture, level of support provided, and the roles and responsibilities for supporting franchisee and franchisor success. It provides exposure to basic business concepts such as customer service, profitability, quality assurance, inventory, purchasing and distribution, and more. | Margaritas Support Center provides the following support and training specifications for the franchise community: � Management training � New Restaurant Opening (NRO) training � Workshops, seminars and materials � Annual meetings |
| Support | Newsletter, Meetings, Toll-free phone line, Grand opening, Security/safety procedures, Field operations/evaluations | - |
| Marketing | Co-op advertising, National media, Regional advertising | The Margaritas Support Center Marketing Department provides the following support and material specifications for the franchise community: � Menus � Creative material access � Direct mail programs � Promotional materials � Local Restaurant Marketing (LRM) materials |
| Operations |
Number of employees needed to run franchised unit: 15 Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) | - |
Expansion Plans |
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| US Expansion | Yes | - |
| Canada Expansion | No | - |
| International Expansion | Yes | - |
Company Overviews
About TacoTime
Subsequent to moving on from the University of Oregon, Taco Time organizer Ron Fraedrick went gaga for the Mexican cooking he examined as he went all through Southern California. Choosing to convey back his freshly discovered taste to the place where he grew up of Eugene, Oregon, Fraedrick opened up the principal Taco Time eatery in 1959. Utilizing flavors Fraedrick made himself, the eatery sold more than 3,500 tacos in its opening end of the week. The organization opened its first establishment in 1961 and now has establishments in both unattached and express locales all through the United States and Canada and in addition in Japan and Kuwait. In 2000, the organization presented Brand Renaissance, which incorporates an office stylistic layout bundle and upgraded nourishment blend and bundling, as a restoration of the brand.
TacoTime is claimed by Kahala, franchisor of Blimpie, Cereality, Cold Stone Creamery, Frullati Café and Bakery, Great Steak and Potato, Johnnie's, Nrgize, Ranch 1, Rollerz, Samurai Sam's and Surf City Squeeze.
For over 50 years, TacoTime has offered our loyal customers a tasty variety of freshly prepared, home-style Mexican fare. Our ingredients and the care we take in making our food fresh makes us truly a one-of-a-kind taste experience and sets us apart from our competitors.
The TacoTime brand and menu offerings continue to evolve as the industry changes. From decor enhancements to additional menu items, we are constantly moving forward with new ways to grow your business. As a proven brand with solid brand awareness, we are committed to meeting the ever changing demands of your customers.
Kahala, the franchisor of TacoTime, is proud of the extensive support we provide our franchisees. From site selection to grand opening assistance, our dedicated support team will assist you throughout your journey to your store opening. Our tested operating system and industry experience enable us to keep the cost of entry and operating costs as low as possible. We understand that opening a restaurant isn’t like flipping a switch, so we've developed a unique support structure that gives you the best opportunity to hit the ground running.
About Margaritas Mexican Restaurant
Welcome to Margaritas Mexican Restaurant; a colorful, exciting eating and drinking experience. Our restaurants are filled with unique, authentic arts and crafts; our food and drinks are generous, flavorful and satisfying; our people are welcoming and accommodating. It's about hand-crafted attention to detail; from the colorful, carved chairs and tables to the fresh-made salsa and chips you're offered as you're seated. It's an experience that transports you.Margaritas is a concept and culture that will thrive in any market. We are awarding area development agreements throughout the USA and abroad to multi-unit operators that qualify. We're looking for franchisees that want to present a powerful culture of excellence in food, drink and fun by investing in a spirited brand that reflects a commitment to guests, community and shareholders. Join our effort to present the most exciting Mexican concept in America and let's have fun doing it. As a franchisee in the Tio Juan'sMargaritas system, you will have the benefit of our more than 30 years of operations in the casual dining restaurant industry. Your opportunity for success is greatly increased because of our ongoing commitment to provide you, your people, and your restaurant with a comprehensive approach to development, training and operations support. Margaritas is the dynamic restaurant brand you have been looking for. If you're interested, complete our application on our website www.margs.com