Taco Palace vs Chili's Franchise Comparison

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

Start-Up Costs and Fees
 
Taco Palace Franchise
Chili's Franchise
Investment $53,200 - $133,100$1,395,695 - $4,637,695
Franchise Fee $33,950$40,000 - $60,000
Royalty Fee 0-4%-
Advertising Fee --
Year Founded 1985-
Year Franchised 1996-
Term Of Agreement 1 year+-
Term Of Agreement 1 year+-
Renewal Fee --


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

    Financing Options
     
    Taco Palace Franchise
    Chili'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
    Chili'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
    Chili's Franchise
    US Expansion -Yes
    Canada Expansion No-
    International Expansion YesYes

    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 Chili's

    "Chili39s
    Chili's opened as a fun Dallas burger joint with a loyalty to happy hour and blue jeans. We prided ourselves on our humble beginnings, following a devotion to great food, warm hospitality and community spirit. Today, with restaurants all over the world, we continue to cook up the best in casual fare, offering the same genuine service we did way back when. And, just as in 1975, we're committed to giving back to the communities that have helped us grow. Driven to perform? Insist on loving what you do? Then you have a lot in common with us.