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Updated RecentlyPanchero's Mexican Grill vs Quesada Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Panchero's Mexican Grill vs Quesada including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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| Investment | $404,325 - $931,000 | $150,700 - $234,200 |
| Franchise Fee | $20,000 - $30,000 | $20,000 |
| Royalty Fee | 5% | 6% |
| Advertising Fee | - | 3% |
| Year Founded | 1992 | - |
| Year Franchised | 1995 | - |
| Term Of Agreement | 5 years | - |
| Term Of Agreement | 5 years | - |
| Renewal Fee | - | - |
Business Experience Requirements |
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| 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? | - |
Financing Options |
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| In-House/3rd Party | In-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 |
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| Training | - | 2 week training program is designed to prepare you for the challenges of opening, operating and growing your own business. Training will take place at our training facility in Toronto. You will receive additional training when the restaurant is ready to open. |
| Support | - | We will be with you before, during and after opening to help you apply what you have learned in training and to make sure your opening goes as planned. Then, on a monthly basis, we will meet with you at your restaurant to help you improve operations and local restaurant marketing. |
| Marketing | - | We will redirect the majority of your advertising contributions back into your market to help you drive customers through your doors. As we grow the chain, we will develop regional and national advertising in consultation with our franchisees who will serve on our advertising councils. |
| Operations | - | - |
Expansion Plans |
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| US Expansion | - | - |
| Canada Expansion | No | Yes |
| 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 Quesada
BLAND IS NOT AN OPTION
Our goal is to bring the Quesada brand of Made-Fresh-For-You Burritos to cities and towns across Canada.
Franchising is about making the right decisions based on a past pattern of success. Decisions based on experience. At Quesada, yes, we know how to make an award wining burrito; but before we got to making the burrito we had to learn how to choose successful real estate, how to negotiate a good lease, how to design and build a restaurant at an affordable price, where to buy equipment, how to manage food and labour cost and how to market our concept.
What Quesada does for you is help you make the right decisions about things that you may know little or nothing about and about things you may only do once; like choosing a site, or a contractor or a piece of equipment. And then we teach you how to manage your business, minimize your operating costs, increase your sales and market your business.
And nobody comes to the table with the same skill sets. And everybody has something to learn. If you are strong in one area, we can help make you stronger and if you lack a skill, we can help you learn it. One hand washes the other in this business.
We offer:
*Site Selection
*Store Design and Construction
*Training
*Advertising
*Opening and Ongoing Support
We have put together a great team and look forward to working with great partners as we build the best Burrito chain in Canada. Give us a call, together we can make it happen.
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#76 in Canada's Top franchises.