Qdoba Mexican Grill vs Margaritas Mexican Restaurant Franchise Comparison

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

Start-Up Costs and Fees
 
Qdoba Mexican Grill Franchise
Margaritas Mexican Restaurant Franchise
Investment $475,500 - $1,095,000$1,182,000 - $1,454,000
Franchise Fee $30,000$30,000
Royalty Fee 5%4%
Advertising Fee 1.25%-
Year Founded 1995-
Year Franchised 1997-
Term Of Agreement 10 years-
Term Of Agreement 10 years-
Renewal Fee $5K-


Business Experience Requirements
 
Qdoba Mexican Grill Franchise
Margaritas Mexican Restaurant Franchise
Experience
  • Industry experience
  • General business experience
  • Marketing skills
  • Real estate
    		• -

    Financing Options
     
    Qdoba Mexican Grill Franchise
    Margaritas Mexican Restaurant Franchise
      In-House/3rd PartyIn-House/3rd Party
    Franchise Fees No/Yes-/-
    Start-up Costs No/Yes-/-
    Equipment No/Yes-/-
    Inventory No/Yes-/-
    Receivables No/No-/-
    Payroll No/No-/-

    Training & Support
     
    Qdoba Mexican Grill Franchise
    Margaritas Mexican Restaurant Franchise
    Training On-The-Job Training: 179 hours Classroom Training: 37 hours Margaritas Support Center provides the following support and training specifications for the franchise community: � Management training � New Restaurant Opening (NRO) training � Workshops, seminars and materials � Annual meetings
    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 The Margaritas Support Center Marketing Department provides the following support and material specifications for the franchise community: � Menus � Creative material access � Direct mail programs � Promotional materials � Local Restaurant Marketing (LRM) materials
    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
    Margaritas Mexican Restaurant Franchise
    US Expansion Yes-
    Canada Expansion Yes-
    International Expansion No-

    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 Margaritas Mexican Restaurant

    Welcome to Margaritas Mexican Restaurant; a colorful, exciting eating and drinking experience. Our restaurants are filled with unique, authentic arts and crafts; our food and drinks are generous, flavorful and satisfying; our people are welcoming and accommodating. It's about hand-crafted attention to detail; from the colorful, carved chairs and tables to the fresh-made salsa and chips you're offered as you're seated. It's an experience that transports you.Margaritas is a concept and culture that will thrive in any market. We are awarding area development agreements throughout the USA and abroad to multi-unit operators that qualify. We're looking for franchisees that want to present a powerful culture of excellence in food, drink and fun by investing in a spirited brand that reflects a commitment to guests, community and shareholders. Join our effort to present the most exciting Mexican concept in America and let's have fun doing it. As a franchisee in the Tio Juan'sMargaritas system, you will have the benefit of our more than 30 years of operations in the casual dining restaurant industry. Your opportunity for success is greatly increased because of our ongoing commitment to provide you, your people, and your restaurant with a comprehensive approach to development, training and operations support. Margaritas is the dynamic restaurant brand you have been looking for. If you're interested, complete our application on our website www.margs.com