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Below is an in-depth analysis and side-by-side comparison of Pepe's Mexican Restaurants vs Tacos 4 Life Grill including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $207,000 - $652,000 | $585,000 - $825,000 |
Franchise Fee | $10,000 - $15,000 | $35,000 |
Royalty Fee | 4% | 5% |
Advertising Fee | - | 1% |
Year Founded | 1967 | 2014 |
Year Franchised | 1967 | 2014 |
Term Of Agreement | 20 years | - |
Term Of Agreement | 20 years | - |
Renewal Fee | - | - |
Business Experience Requirements |
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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 |
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In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | No/Yes | -/- |
Start-up Costs | No/Yes | -/- |
Equipment | No/No | -/- |
Inventory | No/Yes | -/- |
Receivables | No/No | -/- |
Payroll | No/No | -/- |
Training & Support |
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Training | - | - |
Support | Newsletter, Meetings, Grand opening, Field operations/evaluations, Purchasing cooperatives | - |
Marketing | Co-op advertising, Ad slicks, National media, Regional advertising | - |
Operations |
Franchisees required to buy multiple units/master licenses; 25% of all franchisees own more than one unit Number of employees needed to run franchised unit: 10 Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) | - |
Expansion Plans |
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US Expansion | Yes | Yes |
Canada Expansion | No | - |
International Expansion | No | - |
Pepe's concept began in 1954 as a taqueria in Chicago. Pepe's Incorporated has been franchising Pepe's Mexican Restaurants since 1967. Pepe's prepares and serves a full menu of Mexican food items for dining-in or carryout. It also operates a 57,000 square foot U.S. commissary where it produces food products for its franchised restaurants and its branded product program. The branded product program sells food products to schools, factories, and office cafeterias, as well as the U.S. Military for use at military bases in the United States and abroad.
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.