|
Below is an in-depth analysis and side-by-side comparison of Taco Palace vs America's Taco Shop including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
||
Investment | $53,200 - $133,100 | $247,350 - $710,250 |
Franchise Fee | $33,950 | $24,000 - $30,000 |
Royalty Fee | 0-4% | 6% |
Advertising Fee | - | 4% |
Year Founded | 1985 | 2008 |
Year Franchised | 1996 | 2011 |
Term Of Agreement | 1 year+ | 10 years |
Term Of Agreement | 1 year+ | 10 years |
Renewal Fee | - | - |
Business Experience Requirements |
||
Experience | - | |
Financing Options |
||
In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | No/No | -/Yes |
Start-up Costs | No/No | -/Yes |
Equipment | No/No | -/Yes |
Inventory | No/No | -/Yes |
Receivables | No/No | -/- |
Payroll | No/No | -/- |
Training & Support |
||
Training | - | K-Tec is a 5-day training all Kahala franchisees receive and is the companion to brand specific in-store training. It introduces participants to the Kahala culture, level of support provided, and the roles and responsibilities for supporting franchisee and franchisor success. It provides exposure to basic business concepts such as customer service, profitability, quality assurance, inventory, purchasing and distribution, and more. On-The-Job Training: 120 hours Classroom Training: 40 hours |
Support | Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives | Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Field Operations Site Selection Franchisee Intranet Platform |
Marketing | Ad slicks | Co-op Advertising National Media Regional Advertising Social media SEO Website development Email marketing |
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 | - | Yes |
Canada Expansion | No | - |
International Expansion | Yes | 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.
At America's Taco Shop, we offer a feasting knowledge not at all like that of your run of the mill snappy administration eatery. Basically, we're enthusiastic about great Mexican nourishment. You're not going to discover our formulas in a cookbook - we utilize similar formulas that America's family has idealized in their kitchens for eras. Our particular menu permits us to be known for our premium Carne Asada; marinated, flame broiled and cleaved new day by day. We believe there's undeniable value in genuine, new, real nourishment and our dependable client base thinks so as well!
Bona fide Recipes - Strong Consumer Value - 20 Years of Franchisor Experience - Experienced Support Team.
Differing Customer Base
» Strong Consumer Value
» 20 Years of Franchisor Experience with
Gifted and Experienced Support Team
» U.S. Domains Currently Open
» Single and Multi-Unit Deals Available
» Average Time to Open is 6-8 Months for a Traditional Franchise
» Build-out Options: End-Cap, In-Line, Free Standing,
Non-Traditional, Food Court, Kiosk, Mobile