Taco Palace vs Grandy's Franchise Comparison

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

Start-Up Costs and Fees
 
Taco Palace Franchise
Grandy's Franchise
Investment $53,200 - $133,100$799,800 - $1,104,000
Franchise Fee $33,950$30,000
Royalty Fee 0-4%-
Advertising Fee --
Year Founded 19851973
Year Franchised 19961977
Term Of Agreement 1 year+-
Term Of Agreement 1 year+-
Renewal Fee --


Business Experience Requirements
 
Taco Palace Franchise
Grandy's Franchise
Experience
  • General business experience
    		• -

    Financing Options
     
    Taco Palace Franchise
    Grandy's Franchise
      In-House/3rd PartyIn-House/3rd Party
    Franchise Fees No/No-/-
    Start-up Costs No/No-/-
    Equipment No/No-/-
    Inventory No/No-/-
    Receivables No/No-/-
    Payroll No/No-/-

    Training & Support
     
    Taco Palace Franchise
    Grandy's Franchise
    Training --
    Support Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives-
    Marketing Ad 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
     
    Taco Palace Franchise
    Grandy's Franchise
    US Expansion --
    Canada Expansion No-
    International Expansion Yes-

    Company Overviews

    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.

    About Grandy's

    Grandy's is now seeking outstanding franchise candidates in selected markets across the United States who share our passion for serving great food and want to grow with our respected brand.

    Currently Grandy’s is sourcing new franchisees in markets that now have or have had open Grandy’s restaurants.

    Grandy's franchise strategy includes a complete plan for managing and operating the establishment for a prospective franchisee. The plan provides step-by-step procedures for every aspect of the business and, anticipating most management problems, provides a complete matrix for management decisions confronted by the franchisees. The growth projections for year 2006 and beyond for franchisees are very optimistic. At Grandy's, franchisees are never alone, which is one of the strongest benefits that one could hope for in this tough business world. Franchisees have Grandy's support, as well as other franchisees, who have moved through parallel business experiences. As Grandy's has matured, our brand name and trademark has become more valuable. What this means to you, a future franchisee, is that the multiplication of sites creates a stronger market presence, which benefits all franchisees.

    If you are interested, please forward your name, contact information and geographical area of interest for development to [email protected] and someone will contact you as soon as possible.

    Thanks for your interest in Grandy's!