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Updated RecentlyPanchero's Mexican Grill vs Fuzzy's Taco Shop Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Panchero's Mexican Grill vs Fuzzy's Taco Shop 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 | $770,500 - $1,116,500 |
| Franchise Fee | $20,000 - $30,000 | $35,000 |
| Royalty Fee | 5% | 3.5% - 5% |
| Advertising Fee | - | 2% |
| Year Founded | 1992 | 2003 |
| Year Franchised | 1995 | 2009 |
| Term Of Agreement | 5 years | 10 years |
| Term Of Agreement | 5 years | 10 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 | -/Yes |
| Start-up Costs | No/Yes | -/Yes |
| Equipment | No/Yes | -/Yes |
| Inventory | No/Yes | -/Yes |
| Receivables | No/No | -/Yes |
| Payroll | No/No | -/Yes |
Training & Support |
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| Training | - | On-The-Job Training: 297 hours Classroom Training: 30 hours Additional Training: At company-owned store |
| Support | - | Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform |
| Marketing | - | Ad Templates Social media SEO Website development Email marketing Loyalty program/app |
| Operations | - | Absentee Ownership Allowed Number of Employees Required to Run: 25 |
Expansion Plans |
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| US Expansion | - | Yes |
| 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 Fuzzy's Taco Shop
Founded in 2001 near the TCU campus in Fort Worth, the original Fuzzy's Taco Shop was purchased by Alan and Chuck Bush after just two years of operation. The father-son combination with a collective 20 years of restaurant industry experience initially took a slow, hands-on approach to running the business. They insisted on adhering to the promise: "To focus our full attention on promptly and efficiently providing our guests with generous helpings of uniquely flavorful foods at a fair price in a fun atmosphere." That promise remains central to the chain's success today as Fuzzy's Taco Shop expands across the country. Fuzzy's corporate-owned and franchise locations are now serving fresh, handmade Baja-style Mexican food in 79 stores across nine states, with many more on the way. Fuzzy's Taco Shop is a member of the International Franchise Association.
The total investment necessary to begin operation of a Fuzzy's Taco Shop Restaurant franchise ranges from $770,500 to $1,116,500. This
includes $30,000 to $50,000 payable to the franchisor or its affiliates.
If you wish to acquire the right to develop multiple Fuzzy's Taco Shop Restaurants with a multiunit development franchise, you must pay the
franchisor the entire initial franchise fee for 50-100% of the
Restaurants you agree to develop. For a typical commitment of 2-3
Restaurants, the total investment necessary to begin operation of a Fuzzy's Taco Shop multi-unit development franchise ranges from $34,500
to $95,000. This includes $32,500 to $90,000 payable to the franchisor
or its affiliates.
Veteran Incentives 50% off first-unit franchise fee,
$3,000 off second-unit franchise fee, and
$2,500 off third-unit franchise fee for veterans entering a multi-unit development agreement for at least three units
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#262 in Franchise 500 for 2020.
#249 in Franchise 500 for 2021.