Taco John's vs Taco Palace Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Taco John's vs Taco Palace including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees
 
Taco John's Franchise
Taco Palace Franchise
Investment $475,000 - $1,599,000$53,200 - $133,100
Franchise Fee $25,000$33,950
Royalty Fee 5%0-4%
Advertising Fee 4%-
Year Founded 19681985
Year Franchised 19691996
Term Of Agreement 20 years+10+10+101 year+
Term Of Agreement 20 years+10+10+101 year+
Renewal Fee --


Business Experience Requirements
 
Taco John's Franchise
Taco Palace Franchise
Experience
  • Industry experience
  • General business experience

  • General business experience
    		•

    Financing Options
     
    Taco John's Franchise
    Taco Palace Franchise
      In-House/3rd PartyIn-House/3rd Party
    Franchise Fees No/YesNo/No
    Start-up Costs No/YesNo/No
    Equipment No/YesNo/No
    Inventory No/YesNo/No
    Receivables No/NoNo/No
    Payroll No/NoNo/No

    Training & Support
     
    Taco John's Franchise
    Taco Palace Franchise
    Training --
    Support Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperativesInternet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives
    Marketing Co-op advertising, Ad slicksAd slicks
    Operations 37% of all franchisees own more than one unit

    Number of employees needed to run franchised unit: 15

    Absentee ownership of franchise is allowed. (75% of current franchisees are owner/operators)

    		 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)

    Expansion Plans
     
    Taco John's Franchise
    Taco Palace Franchise
    US Expansion Yes-
    Canada Expansion NoNo
    International Expansion NoYes

    Company Overviews

    About Taco John's

    The story of Taco John's sounds more like a legend than the history of a business. In Cheyenne, Wyoming, a man named Juan opened a tiny taco house, serving uniquely seasoned and generously sized tacos and burritos. An immediate hit with the locals, the taco house was quickly purchased by local businessmen Harold Holmes and Jim Woodson in 1969. Renamed Taco John's, it began selling franchises right away and now has restaurants across America. The privately held company is still based in Cheyenne.

    "Entrepreneur

    #115 in Franchise 500 for 2020.
    #315 in Franchise 500 for 2021.


    About Taco Palace

    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.