Taco Palace vs TacoTime Canada Franchise Comparison

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

Start-Up Costs and Fees

 
Taco Palace Franchise
TacoTime Canada Franchise
Investment $53,200 - $133,100$207,500 - $349,400
Franchise Fee $33,950$20,000
Royalty Fee 0-4%-
Advertising Fee --
Year Founded 19851978
Year Franchised 19961978
Term Of Agreement 1 year+-
Term Of Agreement 1 year+-
Renewal Fee --


Business Experience Requirements

 
Taco Palace Franchise
TacoTime Canada Franchise
Experience
  • General business experience
  • -

    Financing Options

     
    Taco Palace Franchise
    TacoTime Canada 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
    TacoTime Canada Franchise
    Training -Training encompasses two phases. Phase 1 is an on-site, practical program designed to get you comfortable with our menu items and their preparation. Phase 2 addresses management and business issues that will help you control your operation. The franchise owner and/or manager MUST complete and pass this training program prior to opening.
    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
    TacoTime Canada Franchise
    US Expansion --
    Canada Expansion NoYes
    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 TacoTime Canada

    Hola, Since the late seventies TacoTime and its franchisees have been offering our top notch Mexican sustenance all over Canada. TacoTime isn't backing off at any point in the near future with arrangements to grow the whole way across Canada. That implies there are a lot of chances for dedicated and driven agents to join our framework as franchisees. Owning a TacoTime can be a mind boggling open door for people who are excited to begin their own particular business, yet might want the security and support gave joining an establishment framework. At TacoTime we generally say we would rather profit with our franchisees, as opposed to off them. Possibly that is the reason the normal residency of a TacoTime franchisee is more than 15 years. We are a Mexican eatery that serves nourishment rapidly through our Food Court, Drive-through and Cantina units. While keeping on extending in Western Canada; we are presently granting establishments in Ontario, Quebec and the Atlantic Provinces. Reach us now to check whether our chance meets your longing to serve awesome nourishment in an agreeable and reasonable environment.

    TacoTime Canada has been moving incredible taste, esteem and quality into marvelous burritos and tacos! With astonishing new servings of mixed greens, quesadillas, nachos, our firm Mexi-Fries or sweet empanadas, you can fulfill any yearning. You can make your dinner gentle, medium or hot with our top notch Enchilada, Original Red or Diablo sauces. It's simple for you to have your dinner any way you need it.

    Presently with more than 124 areas from Ontario to Vancouver Island, it's much less demanding for Canadians to appreciate incredible Mexican taste with brisk administration accommodation. It's the ideal opportunity for TacoTime!

    "Top

    #78 in Canada's Top franchises.