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Below is an in-depth analysis and side-by-side comparison of Chronic Tacos vs BarBurrito including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $299,000 - $799,000 | $176,200 - $300,150 |
Franchise Fee | $40,000 | $15,000 |
Royalty Fee | 6% | 5% |
Advertising Fee | 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 | 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 | 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 | Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software | 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 | National Media Regional Advertising Social media Loyalty program/app | 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 | Number of Employees Required to Run: 12 | - |
Expansion Plans |
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US Expansion | Yes | - |
Canada Expansion | - | Yes |
International Expansion | Yes | - |
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.