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Below is an in-depth analysis and side-by-side comparison of Hot Head Burritos 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 | $215,650 - $694,700 | $299,000 - $799,000 |
Franchise Fee | $15,000 - $23,000 | $40,000 |
Royalty Fee | 6% | 6% |
Advertising Fee | 3% | 2% |
Year Founded | - | 2002 |
Year Franchised | - | 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 | The Franchisee or Operating Manager will need to attend our training program for up to 12 days. | 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 | Yes |
Canada Expansion | - | - |
International Expansion | - | Yes |
HOT HEAD BURRITOS is a Quick Serve Mexican Grill. We have an open kitchen concept. We grill (fresh not frozen) meats and prepare rice in front of the customers. We buildBurritos, Bowls, Tacos, Na- chos, Quesadilla's and more as the customer watches. HOT HEAD FRANCHISING LLC, is seeking operators who have a desire to own their own HOT HEAD BURRITOS Franchise. You may be a multi-brand, multi-unit operator looking to diversify your portfolio. You might be an experienced restaurant manager, ready to go out on your own. You may have extensive retail business experience. And you want to be a part of the retail restaurant segment. If your focus is maintaining a Clean store, serving Great tasting food while providing Great customer service, then we want to talk to you. You could be a candidate for a HOT HEAD BURRITOS Franchise. Spice up your life! own a HOT HEAD BURRITOS Franchise !
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.