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Below is an in-depth analysis and side-by-side comparison of Big City Burrito vs Chronic Tacos including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | N/A | $299,000 - $799,000 |
Franchise Fee | N/A | $40,000 |
Royalty Fee | - | 6% |
Advertising Fee | - | 2% |
Year Founded | 1994 | 2002 |
Year Franchised | 0 | 2006 |
Term Of Agreement | - | - |
Term Of Agreement | - | - |
Renewal Fee | - | - |
Business Experience Requirements |
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Experience | - | An operations background in the restaurant industry. |
Financing Options |
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In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | -/- | -/Yes |
Start-up Costs | -/- | -/Yes |
Equipment | -/- | -/Yes |
Inventory | -/- | -/Yes |
Receivables | -/- | -/Yes |
Payroll | -/- | -/Yes |
Training & Support |
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Training | - | Chronic Tacos provides a four week training program and hands-on training support through our field representatives. Our programs are continually being developed and updated. On-The-Job Training: 157 hours Classroom Training: 43 hours Additional Training: At training location |
Support | - | Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software |
Marketing | - | National Media Regional Advertising Social media Loyalty program/app |
Operations | - | Number of Employees Required to Run: 12 |
Expansion Plans |
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US Expansion | - | Yes |
Canada Expansion | - | - |
International Expansion | - | Yes |
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.
Chronic Tacos is considered a "Fast Casual" concept that offers real Mexican food, from healthy authentic third generation recipes, made fresh daily and made just for you. The Chronic Tacos concept offers the convenience of quick service restaurants, serving fresh, quality products.
Financials:
Minimum Liquid assets $100,000
Net Worth $250,000
Average Cost $299,000 to $799,000 depending on size and location.
Single Unit franchise fee is $40,000
Multi- Unit franchise fee is $35,000 for the first location and $25,000 for each additional location.