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Below is an in-depth analysis and side-by-side comparison of Yolandas Tacos 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 | $224,150 - $306,250 | $299,000 - $799,000 |
Franchise Fee | $35,000 | $40,000 |
Royalty Fee | - | 6% |
Advertising Fee | - | 2% |
Year Founded | 2003 | 2002 |
Year Franchised | 2011 | 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 | * 15 Day Comprehensive Training in Denver, Colorado * 30 Hours of Classroom * 89 Hours of On the Job Training * Ongoing Weekly Support and Training Conferences as Needed * Ongoing Optional Onsite Training for You and Additional Staff | 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 | Our goal is to provide our franchise owners with the proper tools and training, leveraged with our years of experience, to create proven success-driven results. We have personally built this business from the ground up and are here to guide you step-by-step. Our corporate staff is alway here to help you build your business. | 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 | Yes |
Canada Expansion | No | - |
International Expansion | - | Yes |
Yolanda's Tacos is a fast-casual restaurant serving the traditional foods and salsas of Mexico. Our mouthwatering menu features fresh tacos, burritos, nachos, tostadas and more tasty Mexican favorites served with the Yolanda's experience. Founder Bob Walker met Yolanda Lopez of Jalisco, Mexico in Chula Vista, California during the summer of 1971. As they became friends, this retired lady took him, her 'gringo' son, aside and showed him how to prepare the traditional food and salsas of Mexico. In keeping with this tradition, Yolanda's tacos opened its first location in 1994 serving the fresh traditional food of Mexico daily. To learn more about this exciting Mexican and taco fast food franchise opportunity, go to http://www.yolandastacos.com/ or call 303-378-2221
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.