Taco Palace vs Tacos 4 Life Grill Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Taco Palace vs Tacos 4 Life Grill including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees
 
Taco Palace Franchise
Tacos 4 Life Grill Franchise
Investment $53,200 - $133,100$585,000 - $825,000
Franchise Fee $33,950$35,000
Royalty Fee 0-4%5%
Advertising Fee -1%
Year Founded 19852014
Year Franchised 19962014
Term Of Agreement 1 year+-
Term Of Agreement 1 year+-
Renewal Fee --


Business Experience Requirements
 
Taco Palace Franchise
Tacos 4 Life Grill Franchise
Experience
  • General business experience
    		•  Tacos 4 Life is looking for like-minded people who are ready to join our growing family of franchisees. We look for owner/operators or investors with solid operators in mind who possess the following: A strong belief in the mission and menu of Tacos 4 Life Ability to lead, yet follow a system Financial capability Business management Passion for delivering great services to our guests

    Financing Options
     
    Taco Palace Franchise
    Tacos 4 Life Grill 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
    Tacos 4 Life Grill 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
    Tacos 4 Life Grill Franchise
    US Expansion -Yes
    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 Tacos 4 Life Grill

    The first Tacos 4 Life Grill opened in Conway, Arkansas, on June 9th, 2014, but this is not where the story begins.
     Long before Tacos 4 Life opened its doors, Austin and Ashton Samuelson had a heart for the hungry. In 2009, they learned that over 18,000 children were dying worldwide each day due to starvation and hunger related causes. What surprised them is that the problem was completely preventable.

     Starvation is nothing more than a distribution problem. This simple fact moved them so much that they knew they could, and should, do something to help solve this problem. Thus, Tacos 4 Life was born. The Samuelson’s believe that God is up to something big and can use Tacos 4 Life, which exists to serve amazing food and to empower communities to fight to end world hunger, to help solve the world’s most solvable problem.
    Tacos 4 Life Grill is a highly-differentiated restaurant that offers chef-inspired, award winning menu items served in a unique environment.
    Our philosophy is based on delivering an unforgettable experience . . . great food, genuine service, and a mission focus that changes the world with every meal.