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Updated RecentlyTaco Palace vs Dino's Gyros Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Taco Palace vs Dino's Gyros including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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| Investment | $53,200 - $133,100 | $482,000 - $613,000 |
| Franchise Fee | $33,950 | $30,000 |
| Royalty Fee | 0-4% | 4% |
| Advertising Fee | - | 2% |
| Year Founded | 1985 | - |
| Year Franchised | 1996 | - |
| Term Of Agreement | 1 year+ | - |
| Term Of Agreement | 1 year+ | - |
| Renewal Fee | - | - |
Business Experience Requirements |
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| Experience | Owner and Operator � Dino's Restaurant looks for individuals who are willing to commit their full time best e fforts toward operating a Dino�s Restaurant. We are interested in people with a proven record of success, whether in your own business or working for a corporation. Supervisory, managerial, and food service experience is desirable. The most important assets are organizational skills, people skills, work ethic, enthusiasm, dedication, integrity and adherence to the standards of Dino's Restaurants. | |
Financing Options |
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| In-House/3rd Party | In-House/3rd Party | |
| Franchise Fees | No/No | -/- |
| Start-up Costs | No/No | -/- |
| Equipment | No/No | -/- |
| Inventory | No/No | -/- |
| Receivables | No/No | -/- |
| Payroll | No/No | -/- |
Training & Support |
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| Training | - | Before the opening of your business we will provide you with a hands-on training course for your management team. A Training & Operations Consultant will be available to help you coordinate sta ff training both before and after opening. You will be given a series of operations manuals covering everything you need to know. |
| Support | Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives | Franchisees enjoy the ongoing support of Dino's operations and marketing experts, who will help you maintain the quality control that is so crucial to customer � and owner � satisfaction. |
| Marketing | Ad slicks | Beginning with your Grand Opening, you will receive assistance planning your advertising and marketing. |
| Operations |
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 |
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| US Expansion | - | - |
| Canada Expansion | No | - |
| International Expansion | Yes | - |
Company Overviews
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.
About Dino's Gyros
Dino's Gyros have over 25 years of experience and offer a well known and recognized brand name. Dino's Gyros is known for their great tasting gyros and Greek food. On top of their fabulous tasting gyros, they are involved in their communities through events and promotions. The restaurant currently operates in the area around Minneapolis and within the state. The restaurant prepares authentic Greek meals which offer customers a meal reflecting the taste styles of the Greek with American additions to their menus.