Baja Fresh Mexican Grill vs Panchero's Mexican Grill Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Baja Fresh Mexican Grill vs Panchero's Mexican Grill including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
Investment |
$224,450 - $993,040 | $404,325 - $931,000 |
Franchise Fee |
$25,000 - $30,000 | $20,000 - $30,000 |
Royalty Fee |
5% | 5% |
Advertising Fee |
3% | - |
Year Founded |
- | 1992 |
Year Franchised |
- | 1995 |
Term Of Agreement |
10 Years | 5 years |
Term Of Agreement |
10 Years | 5 years |
Renewal Fee |
- | - |
Business Experience Requirements |
Experience |
*$200,000 liquid cash per restaurant, $500,000 net worth per restaurant
*Restaurant experience or an operating partner with at least 10% ownership, who has restaurant experience
|
* First and foremost, do you LOVE burritos? Like, really, really love them? In the platonic, brother/sister sort of way.
* Do you have previous experience operating a restaurant? If you do, it's a plus. If you don't, that's perfectly okay too.
* Do you like the sound of working with Pancheros to devise a market development plan? And then bringing that plan to living, breathing, burrito-moving life?
* Do you have knowledge of the market in which you'll be operating? Wikipedia knowledge doesn't count.
* Are you qualified financially? That is to say, do you have a net worth of $750,000? And is $250,000 of that liquid?
|
Financing Options |
|
In-House/3rd Party | In-House/3rd Party |
Franchise Fees |
-/- | No/Yes |
Start-up Costs |
-/- | No/Yes |
Equipment |
-/- | No/Yes |
Inventory |
-/- | No/Yes |
Receivables |
-/- | No/No |
Payroll |
-/- | No/No |
Training & Support |
Training |
- | - |
Support |
- | - |
Marketing |
- | - |
Operations |
- | - |
Expansion Plans |
US Expansion |
- | - |
Canada Expansion |
No | No |
International Expansion |
No | No |
Company Overviews
About Baja Fresh Mexican Grill
Baja Fresh has been serving delightfully crisp, excellent, Mexican nourishment that is set up in a speedy easygoing air since 1990. Baja Fresh offerings were intended to fulfill the palates of separating coffee shops who were burnt out on conventional fast food and who's tasted had developed. Baja Fresh is reliably new and tasty Mexican sustenance, for lunch and supper, eat in or take-out, served in a shining spotless and peppy environment. Baja Fresh is a quality other option to fast food and easygoing eating decisions. More than 40 things are made-to-request and highlight charbroiled boneless and skinless, marinated chicken bosom tenders, incline steak trimmed in-house, best quality deliver and new salsas. Strength things incorporate determinations of burritos, for example, the prominent Baja Burrito, Grilled Vegetarian Burrito, Bare Burrito, and the super estimated "Burrito Dos Manos". Baja Fresh eateries additionally include a "whatever you-can-eat" self-benefit salsa bar. Our salsa bars are supplied with an assortment of new salsa from mellow to hot, including Baja Fresh's mark fire-cooked Salsa Baja. Baja Fresh uses No Microwaves, No Can Openers, No Freezers, No Lard, and No M.S.G. in the planning of its crisp offerings. Baja Fresh has won various honors for the nature of its sustenance and eateries. Just as of late the consequences of Restaurants and Institutions Consumers' Choice in Chains study were reported naming Baja Fresh Mexican Grill as the Platinum grant winning Mexican chain in America. The Chains study appraised eight client benefit fulfillment characteristics: nourishment, quality, menu assortment, esteem, benefit, environment, cleanliness, notoriety, and comfort. Baja Fresh has a conventional model which can extend from 1,200 to 2,000 square feet and we want to have porch seating. We likewise offer an express model that can fit into a space as little as 671 square feet. You would regularly discover this sort of area in a nourishment court, airplane terminal, amusement stop, clubhouse, or at a school or college.
The total investment necessary to begin operations of a traditional Baja Fresh restaurant ranges from approximately $324,310 to $974,290. This includes $34,000 to $42,500 that must be paid to the franchisor or an affiliate.
The total investment necessary to begin operations of a single Baja Fresh Non-Traditional Restaurant at a captive market location ranges
from approximately $210,200 to $620,200. This includes $21,000 to
$23,500 for each Baja Fresh Non-Traditional Restaurant that must be
paid to the franchisor or an affiliate.
About Panchero's Mexican Grill
As a restaurant concept proven over 15 years, Panchero's Mexican Grill has embarked on an aggressive expansion plan. Franchise development is a major part of that plan.
The Panchero's franchise system is backed by proven tools and support systems in the following areas:
* Site Selection
* Facility Design
* Marketing and Promotion
* Training
* Ongoing Support
Panchero's Franchise Corporation is offering franchise opportunities to a select group.
In considering potential franchisees, Panchero's Franchise Corporation will consider:
* Financial Qualification (minimum net worth $750,000; $250,000 liquid)
* Previous restaurant operating experience
* Your plan to develop a market and your ability to carry out that plan
* Your knowledge of the trade area in which you will be operating
Panchero's Franchise Corporation is looking for people who will be assets to the existing Panchero's franchise system.
The total investment necessary to begin operation of a Panchero's
franchise ranges from $404,325 to $931,000. This includes the $31,800 to
$32,500 that must be paid to the franchisor or affiliate. If you
acquire development rights you must develop at least three Restaurants,
and you will sign our Area Development Agreement. Upon signing, you will
pay us a development fee equal to $25,000 for the first franchise and
$10,000 for each additional franchise you commit to develop.