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Updated RecentlyTacoTime Canada vs Chronic Tacos Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of TacoTime Canada 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 | $207,500 - $349,400 | $299,000 - $799,000 |
| Franchise Fee | $20,000 | $40,000 |
| Royalty Fee | - | 6% |
| Advertising Fee | - | 2% |
| Year Founded | 1978 | 2002 |
| Year Franchised | 1978 | 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 | Training encompasses two phases. Phase 1 is an on-site, practical program designed to get you comfortable with our menu items and their preparation. Phase 2 addresses management and business issues that will help you control your operation. The franchise owner and/or manager MUST complete and pass this training program prior to opening. | 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 | Yes | - |
| International Expansion | - | Yes |
Company Overviews
About TacoTime Canada
Hola, Since the late seventies TacoTime and its franchisees have been offering our top notch Mexican sustenance all over Canada. TacoTime isn't backing off at any point in the near future with arrangements to grow the whole way across Canada. That implies there are a lot of chances for dedicated and driven agents to join our framework as franchisees. Owning a TacoTime can be a mind boggling open door for people who are excited to begin their own particular business, yet might want the security and support gave joining an establishment framework. At TacoTime we generally say we would rather profit with our franchisees, as opposed to off them. Possibly that is the reason the normal residency of a TacoTime franchisee is more than 15 years. We are a Mexican eatery that serves nourishment rapidly through our Food Court, Drive-through and Cantina units. While keeping on extending in Western Canada; we are presently granting establishments in Ontario, Quebec and the Atlantic Provinces. Reach us now to check whether our chance meets your longing to serve awesome nourishment in an agreeable and reasonable environment.
TacoTime Canada has been moving incredible taste, esteem and quality into marvelous burritos and tacos! With astonishing new servings of mixed greens, quesadillas, nachos, our firm Mexi-Fries or sweet empanadas, you can fulfill any yearning. You can make your dinner gentle, medium or hot with our top notch Enchilada, Original Red or Diablo sauces. It's simple for you to have your dinner any way you need it.
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About Chronic Tacos
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.