Diamond Dave's Mexican Restaurants vs Chili's Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Diamond Dave's Mexican Restaurants vs Chili'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
Chili's Franchise
Investment $189,000 - $325,000$1,395,695 - $4,637,695
Franchise Fee $15,000$40,000 - $60,000
Royalty Fee 4%-
Advertising Fee --
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
Chili's Franchise
Experience
  • General business experience
    		• -

    Financing Options
     
    Diamond Dave's Mexican Restaurants Franchise
    Chili'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
    Chili'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
    Chili's Franchise
    US Expansion YesYes
    Canada Expansion No-
    International Expansion NoYes

    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 Chili's

    "Chili39s
    Chili's opened as a fun Dallas burger joint with a loyalty to happy hour and blue jeans. We prided ourselves on our humble beginnings, following a devotion to great food, warm hospitality and community spirit. Today, with restaurants all over the world, we continue to cook up the best in casual fare, offering the same genuine service we did way back when. And, just as in 1975, we're committed to giving back to the communities that have helped us grow. Driven to perform? Insist on loving what you do? Then you have a lot in common with us.