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Updated RecentlyDiamond Dave's Mexican Restaurants vs Lime Fresh Mexican Grill Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Diamond Dave's Mexican Restaurants vs Lime Fresh Mexican Grill 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 | $544,000 - $730,000 |
| Franchise Fee | $15,000 | $30,000 |
| Royalty Fee | 4% | 6% |
| Advertising Fee | - | - |
| Year Founded | 1979 | 2004 |
| Year Franchised | 1980 | 2008 |
| Term Of Agreement | 10 years+ | 10 years |
| Term Of Agreement | 10 years+ | 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 Lime Fresh Mexican Grill
If you've eaten at Lime Fresh Mexican Grill, it is easy to see what sets us apart from the rest. Our fresh food prepared daily, homemade salsas, more than 50 hot sauces and our high-end decor gives guests the casual-style atmosphere with fast-casual convenience that they can't seem to get enough of. Lime has never lost sight of its fresh focus as it expands. All locations have fresh produce delivered daily from local markets and its meats are charbroiled on grills in an exhibition-style kitchen. Guests also have the option of making their meal with whole wheat, multi-grain or low-carb items. Lime's stores are outfitted with Chicago brick and hammered copper countertops, and earth-tone fax-finish walls adorned with custom dark hard wood trim and hanging lime baskets. Entrepreneurs are often attracted to Lime because of its consistent lines out the door, fresh food, atmosphere and over-the-top guest service, all of which has made Lime a favorite since 2004.