Diamond Dave's Mexican Restaurants vs Wahoo's Fish Taco's Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Diamond Dave's Mexican Restaurants vs Wahoo's Fish Taco's including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees
 
Diamond Dave's Mexican Restaurants Franchise
Wahoo's Fish Taco's Franchise
Investment $189,000 - $325,000$540,000 - $715,000
Franchise Fee $15,000$25,000 - $30,000
Royalty Fee 4%5%
Advertising Fee -2% local
Year Founded 1979-
Year Franchised 1980-
Term Of Agreement 10 years+-
Term Of Agreement 10 years+-
Renewal Fee --


Business Experience Requirements
 
Diamond Dave's Mexican Restaurants Franchise
Wahoo's Fish Taco's Franchise
Experience
  • General business experience
    		• We prefer applicants who have restaurant experience as well as multi-unit experience. Depending on some other factors, we will consider applicants who have other types of multi-unit retail experience.

    Financing Options
     
    Diamond Dave's Mexican Restaurants Franchise
    Wahoo's Fish Taco's Franchise
      In-House/3rd PartyIn-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
     
    Diamond Dave's Mexican Restaurants Franchise
    Wahoo's Fish Taco's Franchise
    Training --
    Support Newsletter, Meetings, Grand opening, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives-
    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)

    		-

    Expansion Plans
     
    Diamond Dave's Mexican Restaurants Franchise
    Wahoo's Fish Taco's Franchise
    US Expansion Yes-
    Canada Expansion No-
    International Expansion No-

    Company Overviews

    About Diamond Dave's Mexican Restaurants

    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.

    About Wahoo's Fish Taco's

    In 1988, the Wahoo brothers decided to import the fish taco to Orange County, California, and give it a unique twist. They combined the fish taco with their Brazilian favorites and Asian inspired items. The brothers decorated the original restaurant with the donations of near-by surf companies and that's how Wahoo's Fish Taco was born. Wahoo's then quickly developed a loyal and steady following, to where some locals came in daily and servers automatically knew what their customer would order. In 1990, Steve Karfaridis, joined as a partner and the one location in Costa Mesa rapidly developed into multi-locations in Laguna Beach and Huntington Beach. Today you will find over 50 locations of Wahoo's all throughout California and Colorado, including Texas and Hawaii. We are looking for franchisees who have the experience and financial resources to develop an area of at least 3-5 stores.
    Wahoo's Fish Taco's initial franchise fee is $35,000 (and just $27,5000 for each additional store)