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Below is an in-depth analysis and side-by-side comparison of Boloco Inspired Burritos 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 | $190,000 - $400,000 | $187,000 - $335,833 |
Franchise Fee | $25,000 | $30,000 |
Royalty Fee | 6% | - |
Advertising Fee | - | - |
Year Founded | 1997 | 1987 |
Year Franchised | 2004 | 1989 |
Term Of Agreement | 10 years | - |
Term Of Agreement | 10 years | - |
Renewal Fee | $10000 | - |
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/No | -/- |
Start-up Costs | No/No | -/- |
Equipment | No/No | -/- |
Inventory | No/No | -/- |
Receivables | No/No | -/- |
Payroll | No/No | -/- |
Training & Support |
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Training | - | - |
Support | - | - |
Marketing | - | - |
Operations | - | - |
Expansion Plans |
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US Expansion | - | - |
Canada Expansion | No | - |
International Expansion | No | - |
boloco believes that even a burrito aspires. The Boston-based family of 22 restaurants and over 400 team members since 1997 serves globally inspired burritos, bowls, smoothies and shakes in locations throughout the Eastern United States. boloco’s unique purpose is to use a simple burrito to transform the lives and futures of people working in food service, for which it won the New England Ernst & Young Entrepreneur of the Year Award in 2012. In addition, boloco is 2-Star Certified by the Green Restaurant Association and continually takes important baby steps to improve its environ-mentality.
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.