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Updated RecentlyTaco Palace Franchise
Fast-food Mexican restaurant
Husband-and-wife team Larry and Sandi Faria bought Taco Palace from Kirk Davison in 1985. The Farias had previously owned a pair of Chevron Oil Co. franchises and brought to Taco Palace 16 years of franchise experience. In developing Taco Palace's franchise program, the Farias were driven by the goal to develop a franchisee-friendly system. Taco Palace franchisees are not required to pay a franchise fee and are strongly encouraged to rent or lease an existing building and then dress it up, rather than construct a new one, a practice that helps to lessen start-up costs. The privately held company is headquartered in Monett, Missouri, and has a co-branding relationship with Kentucky Fried Chicken.
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How much does it cost to open a Taco Palace Franchise?
The investment required to open a Taco Palace Franchise is between $53,200-$133,100. There is an initial franchise fee of $33,950 which grants you the license to run a business under the Taco Palace name.
Individual Unit Costs
- Initial Investment:
$53,200-$133,100 - Initial Franchise Fee:
$33,950 - Royalty Fee:
0-4% - Advertising Fee:
N/A - Term of Agreement:
1 year+
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Taco Palace Forms Alliance With Simple Simon Pizza To Explore New Markets
Monett-based Mexican food restaurant Taco Palace has announced a franchising agreement with the Simple Simon Pizza chain that will enable co-branding of the two company's food lines in select stores. The deal will enable Taco Palace to expand its services into more states, and offers Simple Simon an...
Taco Palace Offers Mexican Food
Taco Palace, Ladysmith's first Mexican restaurant, had the best opening day in Taco Palace franchise history, according to Mark Carrara and his wife Joan Ehren, owners of the new business.
The fact that Friday's opening coincided with Mardi Gras had a role in that, but there seemed to be a genuin...
Taco Palace News & Press Releases
When did Taco Palace start Franchising? 1996
| Year | U.S.A. | Canada | International | Corporate |
|---|---|---|---|---|
| 2004 | 9 | 1 | 0 | 2 |
| 2003 | 6 | 1 | 0 | 2 |
| 2002 | 4 | 1 | 0 | 2 |
| 2001 | 5 | 1 | 0 | 2 |
| 2000 | 4 | 1 | 0 | 2 |
International: Canada, Mexico, South America,
| Expense | In-House | Third Party |
|---|---|---|
| Franchise Fee | No | No |
| Startup Costs | No | No |
| Equipment | No | No |
| Inventory | No | No |
| Accounts Receivable | No | No |
| Payroll | No | No |
Support
Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives
Marketing
Ad slicks
0% of all franchisees own more than one unit
Number of employees needed to run franchised unit: 12
Absentee ownership of franchise is allowed. (80% of current franchisees are owner/operators)
Business Experience:
To calculate how much income a franchise owner can do at Taco Palace Franchise, may vary on factors like location, size etc., On the other side as a business owner your goals to maintain the quality of service while streaming sales high and expenses low. As any other franchise may include rent/mortgage, staffing/family, inventory supplies, utilities, administrative costs vise vera. Location to location and seasons the months costs may vary. Most franchises start up costs are typically fixed and they will cover most of the initial operating costs like signage, furniture, decoration and renovations.
Listing Tags
Legal Disclaimer: This information is not a franchise offering for Taco Palace and should not be construed as such. The Franchise Mall makes every effort to maintain accurate franchise data but does not guarantee nor assume liability for incorrect data. We recommend that anyone seriously interested in pursuing a Taco Palace franchise opportunity, review that franchise's Franchise Disclosure Document (FDD) with an attorney and accountant.
Taco Palace
Taco Palace Franchising Corp.
PO Box 732
Sunrise Beach,
MO
65079