Qdoba Mexican Grill vs Panchero's Mexican Grill Franchise Comparison

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

Start-Up Costs and Fees
 
Qdoba Mexican Grill Franchise
Panchero's Mexican Grill Franchise
Investment $475,500 - $1,095,000$404,325 - $931,000
Franchise Fee $30,000$20,000 - $30,000
Royalty Fee 5%5%
Advertising Fee 1.25%-
Year Founded 19951992
Year Franchised 19971995
Term Of Agreement 10 years5 years
Term Of Agreement 10 years5 years
Renewal Fee $5K-


Business Experience Requirements
 
Qdoba Mexican Grill Franchise
Panchero's Mexican Grill Franchise
Experience
  • Industry experience
  • General business experience
  • Marketing skills
  • Real estate

    • * 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
     
    Qdoba Mexican Grill Franchise
    Panchero's Mexican Grill Franchise
      In-House/3rd PartyIn-House/3rd Party
    Franchise Fees No/YesNo/Yes
    Start-up Costs No/YesNo/Yes
    Equipment No/YesNo/Yes
    Inventory No/YesNo/Yes
    Receivables No/NoNo/No
    Payroll No/NoNo/No

    Training & Support
     
    Qdoba Mexican Grill Franchise
    Panchero's Mexican Grill Franchise
    Training On-The-Job Training: 179 hours Classroom Training: 37 hours -
    Support Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform -
    Marketing National Media Regional Advertising Social media SEO Website development Loyalty program/app -
    Operations Franchisees required to buy multiple units/master licenses; 90% of all franchisees own more than one unit

    Number of employees needed to run franchised unit: 15

    Absentee ownership of franchise is allowed.

    		-

    Expansion Plans
     
    Qdoba Mexican Grill Franchise
    Panchero's Mexican Grill Franchise
    US Expansion Yes-
    Canada Expansion YesNo
    International Expansion NoNo

    Company Overviews

    About Qdoba Mexican Grill

    The fast casual franchise chosen by the world's toughest restaurant critics: Successful Franchisees. We've attracted successful multi-unit franchisees from such brands as Jack in the Box, Papa John's, Burger King, Sonic, Popeye's and Village Inn, as well as a former president of KFC and a former CEO of Church's and Rally's. Clearly, they know a winning system when they see it.
    * Exceptional sales-to-investment ratio
    * 9 consecutive years of same store sales growth
    * Leader in the exploding Fast-Casual Mexican category
    Qdoba is more than just incredible food; it's a brand in the right place at the right time.
    Requirements for becoming a Qdoba Multi-Unit Developer
    Qdoba Mexican Grill is seeking multi-unit development partners in territories throughout the United States.
    To be considered, individuals or partnerships must meet the following minimum characteristics:
    * 3 years multi-unit restaurant management experience as an owner and/or operator
    * Minimum financial net worth of $2 million and liquidity of $500,000
    * Development agreement commitment of 3-20 units
    * Knowledge of real estate and trade areas in development territory
    * Must have enthusiasm, drive, and passion for the restaurant industry
    * Operating partner must live in the territory
    * Single unit franchises require a $750,000 net worth and are considered on a case by case basis
    If you meet the above criteria and are interested in taking the next step, please contact us.

    The total investment necessary to begin operation of a Qdoba restaurant is $475,500 - $1,095,000. This includes $30,000 which must be paid to the franchisor or their affiliates.
    The total investment necessary to begin operation of a non-traditional Qdoba restaurant is $251,500 - $815,000. This includes $15,000 which must be paid to the franchisor or their affiliates.
    The franchisor may offer the right to enter into a development agreement to develop a minimum of two Qdoba restaurants pursuant to a development agreement. You must pay a development fee to the franchisor in the amount of $10,000 for each restaurant to be developed (there are no additional fees payable to their affiliates).
    The total investment necessary under the development agreement, based on a commitment of two Qdoba restaurants, is $952,000 to $2,195,000. This includes $20,000 of development fees that must be paid to the franchisor or their affiliates.

    "Entrepreneur

    #152 in Franchise 500 for 2020.
    #293 in Franchise 500 for 2021.

    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.