Panchero's Mexican Grill vs Jimboy's Tacos Franchise Comparison

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

Start-Up Costs and Fees
 
Panchero's Mexican Grill Franchise
Jimboy's Tacos Franchise
Investment $404,325 - $931,000$375,000 - $1,379,000
Franchise Fee $20,000 - $30,000$35,000
Royalty Fee 5%5%
Advertising Fee -3%
Year Founded 19921954
Year Franchised 19951965
Term Of Agreement 5 years15 years +5+5
Term Of Agreement 5 years15 years +5+5
Renewal Fee --


Business Experience Requirements
 
Panchero's Mexican Grill Franchise
Jimboy's Tacos 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?

-

Financing Options
 
Panchero's Mexican Grill Franchise
Jimboy's Tacos 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
Jimboy's Tacos Franchise
Training -1. Corporate Training Rest. Folsom, CA 96 Hours 2. Corporate Office, Roseville, CA 32 Hours
Support -Central Purchasing

Field Operation Evaluation

Field Training

Initial Store Opening

Franchisee Newsletter

Regional or National Meetings

800 Telephone Hotline
Marketing --
Operations -Average Number of Employees: 4-10 Full-time, 6-12 Part-time

Passive Ownership: Allowed, But Discouraged

Expansion Plans
 
Panchero's Mexican Grill Franchise
Jimboy's Tacos 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 Jimboy's Tacos

JIMBOY'S TACOS - famous, award-winning tacos. Maintaining a proven conept through 50 years of commitment to excellent food and service. Cooked fresh daily using high-quality ingredients. Our franchisees are given a very thorough and extensive hands-on classroom training program. Strong on-going, in-store support. Franchisees required to attend our classroom training every other month at our corporate office. We offer free-standing concepts with drive-up windows, also end-cap concepts in strip centers.