Taco Del Mar vs Panchero's Mexican Grill Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Taco Del Mar vs Panchero's Mexican Grill including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
| Investment |
$146,000 - $294,000 | $404,325 - $931,000 |
| Franchise Fee |
$15,000 - $23,000 | $20,000 - $30,000 |
| Royalty Fee |
6% | 5% |
| Advertising Fee |
- | - |
| Year Founded |
1992 | 1992 |
| Year Franchised |
1996 | 1995 |
| Term Of Agreement |
10 years | 5 years |
| Term Of Agreement |
10 years | 5 years |
| Renewal Fee |
$5K | - |
Business Experience Requirements |
| Experience |
- |
* First and foremost, do you LOVE burritos? Like, really, really love them? In the platonic, brother/sister sort of way.
* Do you have previous experience operating a restaurant? If you do, it's a plus. If you don't, that's perfectly okay too.
* Do you like the sound of working with Pancheros to devise a market development plan? And then bringing that plan to living, breathing, burrito-moving life?
* Do you have knowledge of the market in which you'll be operating? Wikipedia knowledge doesn't count.
* Are you qualified financially? That is to say, do you have a net worth of $750,000? And is $250,000 of that liquid?
|
Financing Options |
| |
In-House/3rd Party | In-House/3rd Party |
| Franchise Fees |
No/No | No/Yes |
| Start-up Costs |
No/No | No/Yes |
| Equipment |
No/No | No/Yes |
| Inventory |
No/No | No/Yes |
| Receivables |
No/No | No/No |
| Payroll |
No/No | No/No |
Training & Support |
| Training |
- | - |
| Support |
Internet, Security/safety procedures, Field operations/evaluations | - |
| Marketing |
Co-op advertising, Regional advertising | - |
| Operations |
25% of all franchisees own more than one unit
Absentee ownership of franchise is NOT allowed. | - |
Expansion Plans |
| US Expansion |
Yes | - |
| Canada Expansion |
No | No |
| International Expansion |
Yes | No |
Company Overviews
About Taco Del Mar
Taco Del Mar is a fast-casual restaurant chain that specializes in
coastal Mexican cuisine. It first opened in Seattle, WA over 25 years
ago, and currently has locations across the U.S. and Canada. High Bluff
Capital acquired Taco Del Mar in July 2018.
We work for youTaco Del Mar believes that great franchise partnerships create great successes. We have built our organization in order to develop positive and profitable relationships with our franchisees.
* We begin each day focused on franchise profitability.
* We strive to be the best franchisor in the food industry.
* We understand the value of creating a concept that is quick and easy to replicate.
* We developed our system to return the highest ROI to the franchisee in the shortest time.
* We know that a profitable franchise system drives corporate profitability, not the other way around.
* We embrace new ideas.
* We believe in you.
About Panchero's Mexican Grill
As a restaurant concept proven over 15 years, Panchero's Mexican Grill has embarked on an aggressive expansion plan. Franchise development is a major part of that plan.
The Panchero's franchise system is backed by proven tools and support systems in the following areas:
* Site Selection
* Facility Design
* Marketing and Promotion
* Training
* Ongoing Support
Panchero's Franchise Corporation is offering franchise opportunities to a select group.
In considering potential franchisees, Panchero's Franchise Corporation will consider:
* Financial Qualification (minimum net worth $750,000; $250,000 liquid)
* Previous restaurant operating experience
* Your plan to develop a market and your ability to carry out that plan
* Your knowledge of the trade area in which you will be operating
Panchero's Franchise Corporation is looking for people who will be assets to the existing Panchero's franchise system.
The total investment necessary to begin operation of a Panchero's
franchise ranges from $404,325 to $931,000. This includes the $31,800 to
$32,500 that must be paid to the franchisor or affiliate. If you
acquire development rights you must develop at least three Restaurants,
and you will sign our Area Development Agreement. Upon signing, you will
pay us a development fee equal to $25,000 for the first franchise and
$10,000 for each additional franchise you commit to develop.
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