Panchero's Mexican Grill vs Izzo's Illegal Burrito Franchise Comparison

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

Start-Up Costs and Fees
 
Panchero's Mexican Grill Franchise
Izzo's Illegal Burrito Franchise
Investment $404,325 - $931,000$380,500 - $744,900
Franchise Fee $20,000 - $30,000$40,000
Royalty Fee 5%5%
Advertising Fee --
Year Founded 19922001
Year Franchised 19952006
Term Of Agreement 5 years10 years
Term Of Agreement 5 years10 years
Renewal Fee -$4000


Business Experience Requirements
 
Panchero's Mexican Grill Franchise
Izzo's Illegal Burrito 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
Izzo's Illegal Burrito 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
Izzo's Illegal Burrito Franchise
Training -* Available at headquarters: 12 days

* At franchisee's location: 7 days
Support --
Marketing --
Operations --

Expansion Plans
 
Panchero's Mexican Grill Franchise
Izzo's Illegal Burrito Franchise
US Expansion -Yes
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 Izzo's Illegal Burrito

NO LONGER FRANCHISING