Diamond Dave's Mexican Restaurants Franchise

Full-service Mexican restaurant


Native Texan Warren David Cohen founded Diamond Dave's Mexican Restaurants in 1979. Wanting to share the Tex-Mex cuisine of his childhood with families in the Midwest, Cohen created the restaurant chain that by 2000 had more than 30 locations.

Diamond Dave's restaurants serve Mexican favorites like quesadillas, tacos and chimichangas as well as salads, hamburgers and sirloin steak.

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Please Note: The operators of Diamond Dave's Mexican Restaurants, may not have verified the accuracy of the Franchise information contained within this website. For accurate up-to-date information, investors are strongly recommended to visit the official Diamond Dave's Mexican Restaurants website.

How much does it cost to open a Diamond Dave's Mexican Restaurants Franchise?

The investment required to open a Diamond Dave's Mexican Restaurants Franchise is between $189,000-$325,000. There is an initial franchise fee of $15,000 which grants you the license to run a business under the Diamond Dave's Mexican Restaurants name.

Individual Unit Costs

  • Initial Investment:
    $189,000-$325,000
  • Initial Franchise Fee:
    $15,000
  • Royalty Fee:
    4%
  • Advertising Fee:
  • Term of Agreement:
    10 years+


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When did the first Diamond Dave's Mexican Restaurants open? 1979
When did Diamond Dave's Mexican Restaurants start Franchising? 1980

Year U.S.A. Canada International Corporate
2000 0 0 0 0
1999 29 0 0 2
1998 32 0 0 2
1997 34 0 0 2
1996 30 0 0 5
Expense In-House Third Party
Franchise Fee Yes No
Startup Costs Yes No
Equipment Yes No
Inventory Yes No
Accounts Receivable Yes Yes
Payroll Yes Yes

Third Party Financing Source(s): various sources

Support
Newsletter, Meetings, Grand opening, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives

Marketing
Ad slicks

20% of all franchisees own more than one unit

Number of employees needed to run franchised unit: 20

Absentee ownership of franchise is allowed. (80% of current franchisees are owner/operators)

Business Experience:

  • General business experience

  • To calculate how much income a franchise owner can do at Diamond Dave's Mexican Restaurants 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.

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    Legal Disclaimer: This information is not a franchise offering for Diamond Dave's Mexican Restaurants 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 Diamond Dave's Mexican Restaurants franchise opportunity, review that franchise's Franchise Disclosure Document (FDD) with an attorney and accountant.

    Diamond Dave's Mexican Restaurants


    Diamond Dave's Mexican Restaurants
    201 S. Clinton St., #281
    Iowa City, IA
    52240

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