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Below is an in-depth analysis and side-by-side comparison of Panchero's Mexican Grill vs Hot Head Burritos including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $404,325 - $931,000 | $215,650 - $694,700 |
Franchise Fee | $20,000 - $30,000 | $15,000 - $23,000 |
Royalty Fee | 5% | 6% |
Advertising Fee | - | 3% |
Year Founded | 1992 | - |
Year Franchised | 1995 | - |
Term Of Agreement | 5 years | - |
Term Of Agreement | 5 years | - |
Renewal Fee | - | - |
Business Experience Requirements |
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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 |
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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 |
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Training | - | The Franchisee or Operating Manager will need to attend our training program for up to 12 days. |
Support | - | - |
Marketing | - | - |
Operations | - | - |
Expansion Plans |
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US Expansion | - | Yes |
Canada Expansion | No | - |
International Expansion | No | - |
HOT HEAD BURRITOS is a Quick Serve Mexican Grill. We have an open kitchen concept. We grill (fresh not frozen) meats and prepare rice in front of the customers. We buildBurritos, Bowls, Tacos, Na- chos, Quesadilla's and more as the customer watches. HOT HEAD FRANCHISING LLC, is seeking operators who have a desire to own their own HOT HEAD BURRITOS Franchise. You may be a multi-brand, multi-unit operator looking to diversify your portfolio. You might be an experienced restaurant manager, ready to go out on your own. You may have extensive retail business experience. And you want to be a part of the retail restaurant segment. If your focus is maintaining a Clean store, serving Great tasting food while providing Great customer service, then we want to talk to you. You could be a candidate for a HOT HEAD BURRITOS Franchise. Spice up your life! own a HOT HEAD BURRITOS Franchise !