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Below is an in-depth analysis and side-by-side comparison of Pepe's Mexican Restaurants vs La Bamba including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $207,000 - $652,000 | $187,000 - $335,833 |
Franchise Fee | $10,000 - $15,000 | $30,000 |
Royalty Fee | 4% | - |
Advertising Fee | - | - |
Year Founded | 1967 | 1987 |
Year Franchised | 1967 | 1989 |
Term Of Agreement | 20 years | - |
Term Of Agreement | 20 years | - |
Renewal Fee | - | - |
Business Experience Requirements |
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Experience | - | - |
Financing Options |
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In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | No/Yes | -/- |
Start-up Costs | No/Yes | -/- |
Equipment | No/No | -/- |
Inventory | No/Yes | -/- |
Receivables | No/No | -/- |
Payroll | No/No | -/- |
Training & Support |
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Training | - | - |
Support | Newsletter, Meetings, Grand opening, Field operations/evaluations, Purchasing cooperatives | - |
Marketing | Co-op advertising, Ad slicks, National media, Regional advertising | - |
Operations |
Franchisees required to buy multiple units/master licenses; 25% of all franchisees own more than one unit Number of employees needed to run franchised unit: 10 Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) | - |
Expansion Plans |
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US Expansion | Yes | - |
Canada Expansion | No | - |
International Expansion | No | - |
Pepe's concept began in 1954 as a taqueria in Chicago. Pepe's Incorporated has been franchising Pepe's Mexican Restaurants since 1967. Pepe's prepares and serves a full menu of Mexican food items for dining-in or carryout. It also operates a 57,000 square foot U.S. commissary where it produces food products for its franchised restaurants and its branded product program. The branded product program sells food products to schools, factories, and office cafeterias, as well as the U.S. Military for use at military bases in the United States and abroad.
La Bamba Mexican Restaurants Group is a chain of 20+ concept-based Mexican "fast casual" restaurants serving both college towns and big cities, primarily in the Midwest. With a catchy "Burritos as big as your head" slogan, La Bamba features cooked-to-order Mexican meals in the $6-$7 range as well as a selection of Value Meals. The food is delicious and truly authentic Mexican, the portions are large and the service is quick. Our restaurants are all decorated with a bright, Mexican theme in red, white and green that helps to create a welcoming and relaxed atmosphere. The restaurants begin serving lunch at 11:00 a.m. and stay open late at night to cater to the "after bar-closing"crowd.