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Below is an in-depth analysis and side-by-side comparison of Taco Palace vs Hot Head Burritos 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 | $215,650 - $694,700 |
Franchise Fee | $33,950 | $15,000 - $23,000 |
Royalty Fee | 0-4% | 6% |
Advertising Fee | - | 3% |
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 | - | The Franchisee or Operating Manager will need to attend our training program for up to 12 days. |
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 | - | Yes |
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.
HOT HEAD BURRITOS is a Quick Serve Mexican Grill. We have an open kitchen concept. We grill (fresh not frozen) meats and prepare rice in front of the customers. We buildBurritos, Bowls, Tacos, Na- chos, Quesadilla's and more as the customer watches. HOT HEAD FRANCHISING LLC, is seeking operators who have a desire to own their own HOT HEAD BURRITOS Franchise. You may be a multi-brand, multi-unit operator looking to diversify your portfolio. You might be an experienced restaurant manager, ready to go out on your own. You may have extensive retail business experience. And you want to be a part of the retail restaurant segment. If your focus is maintaining a Clean store, serving Great tasting food while providing Great customer service, then we want to talk to you. You could be a candidate for a HOT HEAD BURRITOS Franchise. Spice up your life! own a HOT HEAD BURRITOS Franchise !