Taco Palace vs Chorizo Fresh Mex Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Taco Palace vs Chorizo Fresh Mex including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
| Investment |
$53,200 - $133,100 | $275,000 - $500,000 |
| Franchise Fee |
$33,950 | $25,000 |
| Royalty Fee |
0-4% | 6% |
| Advertising Fee |
- | 2% |
| Year Founded |
1985 | 2005 |
| Year Franchised |
1996 | 2009 |
| Term Of Agreement |
1 year+ | - |
| Term Of Agreement |
1 year+ | - |
| Renewal Fee |
- | - |
Business Experience Requirements |
| Experience |
General business experience | - |
Financing Options |
| |
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 |
| Training |
- | 4 weeks |
| 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 |
| US Expansion |
- | - |
| Canada Expansion |
No | Yes |
| 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 Chorizo Fresh Mex
What does fresh mean? Fresh is more than an adjective that describes your veggies, fresh is a philosophy.
At Chorizo,
fresh is a way of life.
We learned how to make Mexican food from the source.
We spent weeks learning the trade in Mexico at local tacquierias,
and realized that it was the fresh ingredients and passion for preparation that separated authentic Mexican tacos and burritos from their north-of-the-border counterparts.
We made it our mission to bring to our customers only the freshest food, prepared each and every morning. Four different
flavours of mouth-watering salsas, straight-from-the-avocado guacamole, crisp vegetables, and quality meats all combine to create an exemplary food experience.
We know that once you try Chorizo you will realize what our customers have known since we wrapped our first burrito in 2005; that fresh is more than just a tagline.
Why Partner With Us?
We build better burritos!
It's what we do at Chorizo Fresh Mex. If you've eaten at Chorizo Fresh Mex, you know what sets us apart from the competition: No Microwaves, No Heat Lamps, and No Freezers.Chorizo Fresh Mex pioneered the quick casual Mexican segment with the introduction of fresh, quality ingredients, with classic Mexican recipes. The food is all prepared fresh in an exhibition style kitchen for guests to view.
Our superior taste is built using charbroiled cooking with tender steak, marinated chicken breast, seasoned to perfection. Chorizo, slow cooked favourites like Carnitas (pork) and Barbacoa (beef), fresh produce and signature salsas for unique tastes. It's this high quality menu and fresh attitude that's made Chorizo Fresh Mex a favourite since 2005.
Let's be clear. We're not looking for just anyone to become a Chorizo Franchisee. You must have what it takes to be a member of this team. So ask yourself, Do I enjoy people? Do I want to make them happy with great food and great customer service? Do I care about providing quality, fresh food that is prepared to exacting standards? And most important of all, Am I truly passionate about running my own business in an ethical, uncompromising manner? If the answer to all of the above is a resounding YES, you're the type of person we're looking for to expand our presence across Canada. Chorizo has built a loyal following of diners who value our fresh, tasty menu options served in a fun and relaxed environment. With more and more consumers looking for an alternative to everyday fast food, your interest in Chorizo couldn't come at a better time.
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