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Updated RecentlyTaco Palace vs Yolandas Tacos Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Taco Palace vs Yolandas Tacos 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 | $224,150 - $306,250 |
| Franchise Fee | $33,950 | $35,000 |
| Royalty Fee | 0-4% | - |
| Advertising Fee | - | - |
| Year Founded | 1985 | 2003 |
| Year Franchised | 1996 | 2011 |
| Term Of Agreement | 1 year+ | - |
| Term Of Agreement | 1 year+ | - |
| Renewal Fee | - | - |
Business Experience Requirements |
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| Experience | - | |
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 | - | * 15 Day Comprehensive Training in Denver, Colorado * 30 Hours of Classroom * 89 Hours of On the Job Training * Ongoing Weekly Support and Training Conferences as Needed * Ongoing Optional Onsite Training for You and Additional Staff |
| Support | Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives | Our goal is to provide our franchise owners with the proper tools and training, leveraged with our years of experience, to create proven success-driven results. We have personally built this business from the ground up and are here to guide you step-by-step. Our corporate staff is alway here to help you build your business. |
| Marketing | Ad slicks | - |
| 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 | - | Yes |
| Canada Expansion | No | 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 Yolandas Tacos
Yolanda's Tacos is a fast-casual restaurant serving the traditional foods and salsas of Mexico. Our mouthwatering menu features fresh tacos, burritos, nachos, tostadas and more tasty Mexican favorites served with the Yolanda's experience. Founder Bob Walker met Yolanda Lopez of Jalisco, Mexico in Chula Vista, California during the summer of 1971. As they became friends, this retired lady took him, her 'gringo' son, aside and showed him how to prepare the traditional food and salsas of Mexico. In keeping with this tradition, Yolanda's tacos opened its first location in 1994 serving the fresh traditional food of Mexico daily. To learn more about this exciting Mexican and taco fast food franchise opportunity, go to http://www.yolandastacos.com/ or call 303-378-2221