Panchero's Mexican Grill vs Austin Grill Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Panchero's Mexican Grill vs Austin Grill including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees
 
Panchero's Mexican Grill Franchise
Austin Grill Franchise
Investment $404,325 - $931,000$1,807,000 - $2,790,000
Franchise Fee $20,000 - $30,000N/A
Royalty Fee 5%-
Advertising Fee --
Year Founded 19921988
Year Franchised 19952007
Term Of Agreement 5 years-
Term Of Agreement 5 years-
Renewal Fee --


Business Experience Requirements
 
Panchero's Mexican Grill Franchise
Austin Grill Franchise
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?

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Financing Options
 
Panchero's Mexican Grill Franchise
Austin Grill Franchise
  In-House/3rd PartyIn-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
 
Panchero's Mexican Grill Franchise
Austin Grill Franchise
Training --
Support --
Marketing --
Operations --

Expansion Plans
 
Panchero's Mexican Grill Franchise
Austin Grill Franchise
US Expansion --
Canada Expansion No-
International Expansion No-

Company Overviews

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.


About Austin Grill

With over 20 years of Tex-Mex tradition under our belt, you know we do it right. At Austin Grill, you'll find the food that generations of Texans have come to expect - with an Austin twist: fresh, made-from-scratch Tex-Mex. Specialty margaritas with real lime - no store-bought mixes. Hand rolled enchiladas. Fifteen different homemade salsas, sauces, and dressings. Fresh off the farm ingredients. And, of course, our authentic charbroiled chicken wings. Come for lunch or dinner and enjoy our house specialties - Austin style - like our Chili-crusted Tuna, Carne Asada, or our new Austin Slopper. Try our weekend brunch packed with all your southern favorites, like our homemade migas, cornmeal pancakes, and huevos rancheros. Stop on by and enjoy some of Austin Grill's best - for Tex-Mex. So Fresh, You'll Blush.