Panchero's Mexican Grill vs Big City Burrito Franchise Comparison

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

Start-Up Costs and Fees
 
Panchero's Mexican Grill Franchise
Big City Burrito Franchise
Investment $404,325 - $931,000N/A
Franchise Fee $20,000 - $30,000N/A
Royalty Fee 5%-
Advertising Fee --
Year Founded 19921994
Year Franchised 19950
Term Of Agreement 5 years-
Term Of Agreement 5 years-
Renewal Fee --


Business Experience Requirements
 
Panchero's Mexican Grill Franchise
Big City Burrito 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?

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Financing Options
 
Panchero's Mexican Grill Franchise
Big City Burrito Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees No/Yes-/-
Start-up Costs No/Yes-/-
Equipment No/Yes-/-
Inventory No/Yes-/-
Receivables No/No-/-
Payroll No/No-/-

Training & Support
 
Panchero's Mexican Grill Franchise
Big City Burrito Franchise
Training --
Support --
Marketing --
Operations --

Expansion Plans
 
Panchero's Mexican Grill Franchise
Big City Burrito Franchise
US Expansion --
Canada Expansion No-
International Expansion No-

Company Overviews

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.


About Big City Burrito

Founded by George Lee in 2003, Big City Burrito promises "fast, fresh Mexican food."

From colorful tortillas to outstanding fillings and homemade soups, Big City Burritos give their customers a delicious array of Mexican cuisine at affordable prices. Restaurant reviews in each city where a Big City Burrito franchise has been established have been positively glowing. The festive atmosphere, array of sauces and salsas, and the ability of the customer to choose fillings and toppings for tacos, burritos and quesadillas have brought satisfied reviewers coming back for more. With the original store located in Fort Collins, Colorado, and only 10 other franchises currently in existence, there's tremendous opportunity for growth. And if you have one or more colleges in your town, your chances for success increase exponentially.