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Updated RecentlyTaco Palace vs Papa-N-Son's Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Taco Palace vs Papa-N-Son's 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 | $196,450 - $296,800 |
| Franchise Fee | $33,950 | $30,000 |
| Royalty Fee | 0-4% | 6% |
| 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 | - | |
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 | - |
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 Papa-N-Son's
No one loves their food more than the people of Chicago and at the heart of it all is one of the richest immigration stories in the US. As immigrants from around the world settled into Chicago, each established their own ethnic neighborhoods. Greek Town was the largest and best-known urban community of Greeks in the United States for much of the early twentieth century, and was a large part of the Chicago cultural and culinary experience. It was even the birthplace of the gyro in the US. In the summer of 1980 the idea of then-mayor Jane Byrne, was to bring all of these cultures together in one event known as "The Taste of Chicago." This one-day event has since grown into a must-attend ten-day event located in Grant Park. Popular local food staples at The Taste include Chicago hot dogs, gyros, Italian Beefs, Maxwell Street Polish Sausage, and Greek Salads, all foods that capture the variety and history of the city's cultural diversity. Papa-N-Son's is bringing this Bite of Chicago to towns across America by creating a Chicago-style experience in local neighborhoods with a whole new fast-casual restaurant concept. With an interior d�cor that brings a little of that Hometown Chicago feel and a menu that combines Chicago favorites and home-made Greek recipes Papa-N-Son's offers something for everyone.