Panchero's Mexican Grill vs Lime Fresh Mexican Grill Franchise Comparison

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

Start-Up Costs and Fees
 
Panchero's Mexican Grill Franchise
Lime Fresh Mexican Grill Franchise
Investment $404,325 - $931,000$544,000 - $730,000
Franchise Fee $20,000 - $30,000$30,000
Royalty Fee 5%6%
Advertising Fee --
Year Founded 19922004
Year Franchised 19952008
Term Of Agreement 5 years10 years
Term Of Agreement 5 years10 years
Renewal Fee --


Business Experience Requirements
 
Panchero's Mexican Grill Franchise
Lime Fresh Mexican Grill 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
Lime Fresh Mexican Grill 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
Lime Fresh Mexican Grill Franchise
Training --
Support --
Marketing --
Operations --

Expansion Plans
 
Panchero's Mexican Grill Franchise
Lime Fresh Mexican Grill 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 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.