Diamond Dave's Mexican Restaurants vs Barberitos Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Diamond Dave's Mexican Restaurants vs Barberitos 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
Barberitos Franchise
Investment $189,000 - $325,000$119,800 - $554,025
Franchise Fee $15,000$30,000
Royalty Fee 4%5%
Advertising Fee -2% local
Year Founded 19792000
Year Franchised 19802000
Term Of Agreement 10 years+10 years
Term Of Agreement 10 years+10 years
Renewal Fee --


Business Experience Requirements

 
Diamond Dave's Mexican Restaurants Franchise
Barberitos Franchise
Experience
  • General business experience
  • Restaurant experience is not necessary! The Barberitos system was conceived and set up to be successful for people coming from outside the restaurant industry as well as existing restaurateurs. Our time tested methods and outstanding field support, along with your passion to succeed are all that are needed. Solely — or collectively as an ownership group — have a net worth of at least $700,000 and liquid assets of at least $200,000. Must be able to pass a background inquiry, including credit worthiness, no criminal history, no extensive litigation and a satisfactory motor vehicle report. Must be willing to work hard and be a hands-on operator. Must have a passion for the Barberitos brand and promote and carry out our mission statement.


    Financing Options

     
    Diamond Dave's Mexican Restaurants Franchise
    Barberitos 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
    Barberitos 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
    Barberitos 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 Barberitos

    Barberitos continues to expand throughout the Southeast, and we’re always looking for entrepreneurs who believe in what we do and want to grow with the Barberitos brand. We make the process fairly easy, including offering protected development areas, as well as design and construction guidance.
    As a Barberitos franchisee, you’ll have the opportunity to join a growing fast casual brand. In fact, we were named to the 2017 Next 20 restaurant list, which identifies restaurant chains throughout the country that best demonstrate healthy growth and operational excellence. 
    At Barberitos, we work hard to build a loyal customer base by providing delicious, farm-fresh food and exceptional customer service to keep our customers coming back day after day. If you’re ready for the challenge, email us at [email protected].