Taco Palace vs Wahoo's Fish Taco's Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Taco Palace vs Wahoo's Fish Taco's including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees
 
Taco Palace Franchise
Wahoo's Fish Taco's Franchise
Investment $53,200 - $133,100$540,000 - $715,000
Franchise Fee $33,950$25,000 - $30,000
Royalty Fee 0-4%5%
Advertising Fee -2% local
Year Founded 1985-
Year Franchised 1996-
Term Of Agreement 1 year+-
Term Of Agreement 1 year+-
Renewal Fee --


Business Experience Requirements
 
Taco Palace Franchise
Wahoo's Fish Taco's Franchise
Experience
  • General business experience
    		• We prefer applicants who have restaurant experience as well as multi-unit experience. Depending on some other factors, we will consider applicants who have other types of multi-unit retail experience.

    Financing Options
     
    Taco Palace Franchise
    Wahoo's Fish Taco's Franchise
      In-House/3rd PartyIn-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
     
    Taco Palace Franchise
    Wahoo's Fish Taco's Franchise
    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
     
    Taco Palace Franchise
    Wahoo's Fish Taco's Franchise
    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 Wahoo's Fish Taco's

    In 1988, the Wahoo brothers decided to import the fish taco to Orange County, California, and give it a unique twist. They combined the fish taco with their Brazilian favorites and Asian inspired items. The brothers decorated the original restaurant with the donations of near-by surf companies and that's how Wahoo's Fish Taco was born. Wahoo's then quickly developed a loyal and steady following, to where some locals came in daily and servers automatically knew what their customer would order. In 1990, Steve Karfaridis, joined as a partner and the one location in Costa Mesa rapidly developed into multi-locations in Laguna Beach and Huntington Beach. Today you will find over 50 locations of Wahoo's all throughout California and Colorado, including Texas and Hawaii. We are looking for franchisees who have the experience and financial resources to develop an area of at least 3-5 stores.
    Wahoo's Fish Taco's initial franchise fee is $35,000 (and just $27,5000 for each additional store)