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Below is an in-depth analysis and side-by-side comparison of Diamond Dave's Mexican Restaurants vs Jimboy's Tacos including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $189,000 - $325,000 | $375,000 - $1,379,000 |
Franchise Fee | $15,000 | $35,000 |
Royalty Fee | 4% | 5% |
Advertising Fee | - | 3% |
Year Founded | 1979 | 1954 |
Year Franchised | 1980 | 1965 |
Term Of Agreement | 10 years+ | 15 years +5+5 |
Term Of Agreement | 10 years+ | 15 years +5+5 |
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 | Yes/No | -/- |
Start-up Costs | Yes/No | -/- |
Equipment | Yes/No | -/- |
Inventory | Yes/No | -/- |
Receivables | Yes/Yes | -/- |
Payroll | Yes/Yes | -/- |
Training & Support |
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Training | - | 1. Corporate Training Rest. Folsom, CA 96 Hours 2. Corporate Office, Roseville, CA 32 Hours |
Support | Newsletter, Meetings, Grand opening, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives | Central Purchasing Field Operation Evaluation Field Training Initial Store Opening Franchisee Newsletter Regional or National Meetings 800 Telephone Hotline |
Marketing | Ad slicks | - |
Operations |
20% of all franchisees own more than one unit Number of employees needed to run franchised unit: 20 Absentee ownership of franchise is allowed. (80% of current franchisees are owner/operators) | Average Number of Employees: 4-10 Full-time, 6-12 Part-time Passive Ownership: Allowed, But Discouraged |
Expansion Plans |
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US Expansion | Yes | Yes |
Canada Expansion | No | - |
International Expansion | No | - |
Native Texan Warren David Cohen founded Diamond Dave's Mexican Restaurants in 1979. Wanting to share the Tex-Mex cuisine of his childhood with families in the Midwest, Cohen created the restaurant chain that by 2000 had more than 30 locations.
Diamond Dave's restaurants serve Mexican favorites like quesadillas, tacos and chimichangas as well as salads, hamburgers and sirloin steak.
JIMBOY'S TACOS - famous, award-winning tacos. Maintaining a proven conept through 50 years of commitment to excellent food and service. Cooked fresh daily using high-quality ingredients. Our franchisees are given a very thorough and extensive hands-on classroom training program. Strong on-going, in-store support. Franchisees required to attend our classroom training every other month at our corporate office. We offer free-standing concepts with drive-up windows, also end-cap concepts in strip centers.