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Below is an in-depth analysis and side-by-side comparison of Taco Del Mar vs New York Burrito-Gourmet Wraps including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $146,000 - $294,000 | $85,000 - $150,000 |
Franchise Fee | $15,000 - $23,000 | $15,000 |
Royalty Fee | 6% | 7% |
Advertising Fee | - | - |
Year Founded | 1992 | 1995 |
Year Franchised | 1996 | 1996 |
Term Of Agreement | 10 years | 10 years |
Term Of Agreement | 10 years | 10 years |
Renewal Fee | $5K | $1K |
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 | No/No |
Start-up Costs | No/No | No/No |
Equipment | No/No | No/No |
Inventory | No/No | No/No |
Receivables | No/No | No/No |
Payroll | No/No | No/No |
Training & Support |
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Training | - | - |
Support | Internet, Security/safety procedures, Field operations/evaluations | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives |
Marketing | Co-op advertising, Regional advertising | Co-op advertising, Ad slicks, Regional advertising |
Operations |
25% of all franchisees own more than one unit
Absentee ownership of franchise is NOT allowed. |
International franchisees required to buy multiple units/master licenses; 10% of all franchisees own more than one unit Number of employees needed to run franchised unit: 6 - 15
Absentee ownership of franchise is allowed. (95% of current franchisees are owner/operators) |
Expansion Plans |
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US Expansion | Yes | Yes |
Canada Expansion | No | No |
International Expansion | Yes | Yes |
NO LONGER FRANCHISING