Taco Palace vs Maid-Rite Franchise Comparison

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

Start-Up Costs and Fees
 
Taco Palace Franchise
Maid-Rite Franchise
Investment $53,200 - $133,100$99,375 - $141,500
Franchise Fee $33,950$60,000
Royalty Fee 0-4%6%
Advertising Fee -2%
Year Founded 19851926
Year Franchised 19961926
Term Of Agreement 1 year+-
Term Of Agreement 1 year+-
Renewal Fee --


Business Experience Requirements
 
Taco Palace Franchise
Maid-Rite Franchise
Experience
  • General business experience
    		• -

    Financing Options
     
    Taco Palace Franchise
    Maid-Rite 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
    Maid-Rite 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)

    		12% of all franchisees own more than one unit

    Number of employees needed to run franchised unit: 8 - 14

    Absentee ownership of franchise is allowed. (95% of current franchisees are owner/operators)

    Expansion Plans
     
    Taco Palace Franchise
    Maid-Rite Franchise
    US Expansion -Yes
    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 Maid-Rite

    Why Maid-Rite Makes Excellent Business Sense. We invite you to take part in the American dream of owning and operating your own business to achieve your personal goals for success. Our proven track record, of serving our customers for over 82 years, speaks for itself. The personal satisfaction of owning your own business is just a few clicks away. See why Maid-Rite makes excellent business sense. Find out how easy it is to operate a Maid-Rite with our extensive franchisee training program and our A to Z Operating Manual. With Maid-Rite, you could be owning and operating, your own franchise within 60 to 150 days after completing your franchise application. The secret to success is getting started!
    Recognized Brand
    Our familiar red and white octagon logo has graced the landscape of the Midwest for over eight decades. It is a tradition that we are proud of and you, as a franchisee, will find the Maid-Rite name to be a welcome icon of recognized familiarity and popularity.
    Regional Developer Franchise Opportunities -- United States Master Franchises Available -- International Affordability Maid-Rite is the affordable choice. You can own and operate a single unit Maid-Rite franchise with an initial investment for as low as $200,000, which includes the franchisee fee, all equipment, furniture, fixtures, inventory, smallwares, signage and working capital in a leased premise. Financing and leasing options are available. Make the "Rite" choice today to let us know of your interest in becoming a proud owner of a successful Maid-Rite franchise.