Panchero's Mexican Grill vs BarBurrito Franchise Comparison

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

Start-Up Costs and Fees
 
Panchero's Mexican Grill Franchise
BarBurrito Franchise
Investment $404,325 - $931,000$176,200 - $300,150
Franchise Fee $20,000 - $30,000$15,000
Royalty Fee 5%5%
Advertising Fee --
Year Founded 1992-
Year Franchised 1995-
Term Of Agreement 5 years-
Term Of Agreement 5 years-
Renewal Fee --


Business Experience Requirements
 
Panchero's Mexican Grill Franchise
BarBurrito 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?

-

Financing Options
 
Panchero's Mexican Grill Franchise
BarBurrito 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
BarBurrito Franchise
Training -

Intensive training program for a minimum of four weeks. This training will guide you through everything you need to know about the BarBurrito system including business management tools, staff management and marketing strategies. We will show you how to control overhead expenditures, while implementing strategies to deal with a changing economy and seasonal variations in store sales. Our manual covers a full range of topics and procedures, from store operations and staff management, to recipes and marketing strategies.
Support -

Ongoing operations support and guidance to help you run a great restaurant! Advising you on new products or procedures, assistance in controlling costs, marketing initiatives. Answer each and every inquiry you may have. We believe in an open door policy, so make sure to take advantage of it!
Marketing -

Our marketing program is designed to benefit the BarBurrito brand as well as each individual store. Our marketing department sends hundreds of thousands of flyers each year, both through Canada Post and door to door. We promote chain-wide and individual store specials, catering services and seasonal promotions, to businesses and private residences alike. Marketing support is available free of charge to franchisees wishing to produce local marketing initiatives. Chain wide marketing initiatives are initiated and implemented by us and paid for through the advertising fund that each franchisee contributes to.
Operations --

Expansion Plans
 
Panchero's Mexican Grill Franchise
BarBurrito Franchise
US Expansion --
Canada Expansion NoYes
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 BarBurrito

Over the years, we have painstakingly put together an operating system that is easy to use, yet flexible enough to confront any unforeseen challenges. Our system was designed first and foremost to communicate the essence of our operations so that you, the franchisee, can execute it flawlessly, and secondly, to control overhead. We believe the key to success in this business is to be able to sustain profit margins in the face of a changing economy and seasonal variations in store sales. The ability to do that may be the single most important tool a franchisee can master, and we will be right there by your side to ensure that you do. BarBurrito offers: *The opportunity to run your own business at reasonable turn-key costs with the assistance of knowledgeable company professionals. *Equity for your future. *Negotiated supply agreements. *Comprehensive training programs, including practical in-store training, and business management tools. *Site selection and lease negotiation. *Field support team that is always available to you. *Effective and targeted advertising to benefit your store and the BarBurrito brand. *A great tasting product. *Access to the best locations. *The opportunity to join one of the hottest Quick Service food concepts today!

"Top
#103 in Canada's Top franchises.