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Below is an in-depth analysis and side-by-side comparison of Taco Palace vs Anoush 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 | $160,000 - $200,000 |
Franchise Fee | $33,950 | N/A |
Royalty Fee | 0-4% | $1,500 flat + GST |
Advertising Fee | - | - |
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 | The ability to provide a hands-on management is an important part of your franchise qualifications. The individuals ambition, interpersonal skills and motivation are key factors in shaping the success of each store. It is important to have only successful Franchisees and business owners as a part of Anoush�s Team. We understand, that the success of Anoush is based on the success of each individual franchisee. | |
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 | - | - |
Support | Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives | - |
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 | - | - |
Canada Expansion | No | - |
International Expansion | Yes | - |
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.