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Updated RecentlyDiamond Dave's Mexican Restaurants vs Taco Mayo Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Diamond Dave's Mexican Restaurants vs Taco Mayo including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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| Investment | $189,000 - $325,000 | $250,000 - And Up |
| Franchise Fee | $15,000 | $15,000 - $20,000 |
| Royalty Fee | 4% | - |
| Advertising Fee | - | - |
| Year Founded | 1979 | 1978 |
| Year Franchised | 1980 | 1980 |
| Term Of Agreement | 10 years+ | - |
| Term Of Agreement | 10 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 | Yes/No | -/- |
| Start-up Costs | Yes/No | -/- |
| Equipment | Yes/No | -/- |
| Inventory | Yes/No | -/- |
| Receivables | Yes/Yes | -/- |
| Payroll | Yes/Yes | -/- |
Training & Support |
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| Training | - | - |
| Support | Newsletter, Meetings, Grand opening, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives | - |
| Marketing | Ad slicks | - |
| Operations |
20% of all franchisees own more than one unit Number of employees needed to run franchised unit: 20 Absentee ownership of franchise is allowed. (80% of current franchisees are owner/operators) | - |
Expansion Plans |
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| US Expansion | Yes | - |
| Canada Expansion | No | - |
| International Expansion | No | - |
Company Overviews
About Diamond Dave's Mexican Restaurants
Native Texan Warren David Cohen founded Diamond Dave's Mexican Restaurants in 1979. Wanting to share the Tex-Mex cuisine of his childhood with families in the Midwest, Cohen created the restaurant chain that by 2000 had more than 30 locations.
Diamond Dave's restaurants serve Mexican favorites like quesadillas, tacos and chimichangas as well as salads, hamburgers and sirloin steak.
About Taco Mayo
TACO MAYO is a fast-food, Mexican restaurant chain featuring both pleasant inside dining and fast, friendly and efficient drive-thru service. Mexican is one of the "hottest" opportunities in fast food marketing. While the market is saturated with outlets for hamburger, submarine, pizza and other fast-food menus, Taco Mayo offers a unique variety targeted toward a Tex-Mex hungry population.Taco Mayo proudly serves a varied menu of favorites including tacos, burritos, nachos and taco salads created under strict quality control guidelines that require the finest, freshest ingredients.