El Taco Tote Real Mexican Grill vs Panchero's Mexican Grill Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of El Taco Tote Real Mexican Grill vs Panchero's Mexican Grill including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees

 
El Taco Tote Real Mexican Grill Franchise
Panchero's Mexican Grill Franchise
Investment $550,000$404,325 - $931,000
Franchise Fee $30,000$20,000 - $30,000
Royalty Fee 5%5%
Advertising Fee --
Year Founded 19881992
Year Franchised 20031995
Term Of Agreement 10 years5 years
Term Of Agreement 10 years5 years
Renewal Fee --


Business Experience Requirements

 
El Taco Tote Real Mexican Grill Franchise
Panchero's Mexican Grill Franchise
Experience -

* First and foremost, do you LOVE burritos? Like, really, really love them? In the platonic, brother/sister sort of way. * Do you have previous experience operating a restaurant? If you do, it's a plus. If you don't, that's perfectly okay too. * Do you like the sound of working with Pancheros to devise a market development plan? And then bringing that plan to living, breathing, burrito-moving life? * Do you have knowledge of the market in which you'll be operating? Wikipedia knowledge doesn't count. * Are you qualified financially? That is to say, do you have a net worth of $750,000? And is $250,000 of that liquid?


Financing Options

 
El Taco Tote Real Mexican Grill Franchise
Panchero's Mexican Grill Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees No/NoNo/Yes
Start-up Costs No/NoNo/Yes
Equipment No/NoNo/Yes
Inventory No/NoNo/Yes
Receivables No/NoNo/No
Payroll No/NoNo/No

Training & Support

 
El Taco Tote Real Mexican Grill Franchise
Panchero's Mexican Grill Franchise
Training --
Support Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives-
Marketing Co-op advertising-
Operations --

Expansion Plans

 
El Taco Tote Real Mexican Grill Franchise
Panchero's Mexican Grill Franchise
US Expansion Yes-
Canada Expansion NoNo
International Expansion NoNo

Company Overviews

About El Taco Tote Real Mexican Grill

In 1988, one of Dora’s youngest son’s opened the first El Taco Tote restaurant in Ciudad Juarez, Mexico. Inspired by his childhood memories decided to start a very authentic and new concept of tacos.

El Taco Tote’s popularity grew, taking it into multiple cities in Mexico and the United States.
Today, Tacotote consists of over 20 locations in 11 cities, with more to come.

About Panchero's Mexican Grill

As a restaurant concept proven over 15 years, Panchero's Mexican Grill has embarked on an aggressive expansion plan. Franchise development is a major part of that plan. The Panchero's franchise system is backed by proven tools and support systems in the following areas:
* Site Selection
* Facility Design
* Marketing and Promotion
* Training
* Ongoing Support
Panchero's Franchise Corporation is offering franchise opportunities to a select group.
In considering potential franchisees, Panchero's Franchise Corporation will consider:
* Financial Qualification (minimum net worth $750,000; $250,000 liquid)
* Previous restaurant operating experience
* Your plan to develop a market and your ability to carry out that plan
* Your knowledge of the trade area in which you will be operating
Panchero's Franchise Corporation is looking for people who will be assets to the existing Panchero's franchise system.

The total investment necessary to begin operation of a Panchero's franchise ranges from $404,325 to $931,000. This includes the $31,800 to $32,500 that must be paid to the franchisor or affiliate. If you acquire development rights you must develop at least three Restaurants, and you will sign our Area Development Agreement. Upon signing, you will pay us a development fee equal to $25,000 for the first franchise and $10,000 for each additional franchise you commit to develop.