Five Guys Burgers & Fries vs Taco Palace Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Five Guys Burgers & Fries vs Taco Palace including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees
 
Five Guys Burgers & Fries Franchise
Taco Palace Franchise
Investment $306,200 - $716,250$53,200 - $133,100
Franchise Fee $50,000 - $125,000$33,950
Royalty Fee 6%0-4%
Advertising Fee 2%-
Year Founded 19861985
Year Franchised 20021996
Term Of Agreement 20 years1 year+
Term Of Agreement 20 years1 year+
Renewal Fee --


Business Experience Requirements
 
Five Guys Burgers & Fries Franchise
Taco Palace Franchise
Experience
  • Industry experience
  • General business experience

  • General business experience
    		•

    Financing Options
     
    Five Guys Burgers & Fries Franchise
    Taco Palace Franchise
      In-House/3rd PartyIn-House/3rd Party
    Franchise Fees No/NoNo/No
    Start-up Costs No/YesNo/No
    Equipment No/YesNo/No
    Inventory No/NoNo/No
    Receivables No/NoNo/No
    Payroll No/NoNo/No

    Training & Support
     
    Five Guys Burgers & Fries Franchise
    Taco Palace Franchise
    Training --
    Support Newsletter, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperativesInternet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives
    Marketing Regional advertisingAd slicks
    Operations - 0% of all franchisees own more than one unit

    Number of employees needed to run franchised unit: 12

    Absentee ownership of franchise is allowed. (80% of current franchisees are owner/operators)

    Expansion Plans
     
    Five Guys Burgers & Fries Franchise
    Taco Palace Franchise
    US Expansion Yes-
    Canada Expansion NoNo
    International Expansion NoYes

    Company Overviews

    About Five Guys Burgers & Fries

    At Five Guys, we don't like to talk about ourselves very much. We would rather focus on making burgers. So if you're interested in franchising, we hope it's because you love our burgers, love that we have a simple menu, and want to serve great burgers in a clean and friendly environment with very little fuss. If you feel that way, then there isn't much more to say! With the simple focus on quality, service and cleanliness, Five Guys has opened over 300 restaurants in less than five years. If you're interested in being a part of the Five Guys family, then fill out our form to reach our Franchise Department. We will get back to you with an application and will let you know what areas of the country are open for development. Markets Available for Development We are pleased to announce that we are currently sold out in the United States and in Canada. Our franchisees are feverishly working on completing development of their territories. This means that there are some areas without Five Guys locations, but those territories have been sold and franchisees will be opening there soon.

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    About Taco Palace

    Husband-and-wife team Larry and Sandi Faria bought Taco Palace from Kirk Davison in 1985. The Farias had previously owned a pair of Chevron Oil Co. franchises and brought to Taco Palace 16 years of franchise experience. In developing Taco Palace's franchise program, the Farias were driven by the goal to develop a franchisee-friendly system. Taco Palace franchisees are not required to pay a franchise fee and are strongly encouraged to rent or lease an existing building and then dress it up, rather than construct a new one, a practice that helps to lessen start-up costs. The privately held company is headquartered in Monett, Missouri, and has a co-branding relationship with Kentucky Fried Chicken.