Panchero's Mexican Grill vs Bullritos Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Panchero's Mexican Grill vs Bullritos including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
| Investment |
$404,325 - $931,000 | $693,600 - $1,062,300 |
| Franchise Fee |
$20,000 - $30,000 | $10,000 |
| Royalty Fee |
5% | - |
| Advertising Fee |
- | - |
| Year Founded |
1992 | - |
| Year Franchised |
1995 | - |
| Term Of Agreement |
5 years | - |
| Term Of Agreement |
5 years | - |
| Renewal Fee |
- | - |
Business Experience Requirements |
| 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 | - |
| 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 Bullritos
Not
just your average burrito joint. Inspired by the Running of the Bulls
in Pamplona, our unique bag'n'go philosophy paired with the highest
quality ingredients, makes Bullritos a fresh & fun approach to
burritos!
Perhaps it was Founder Russell Ybarra's sprint with the bulls through the streets of Pamplona that inspired his "quick-casual" concept. Or maybe it was his passion for fresh Tex-Mex and quality ingredients that paved the way for his call-it-like-you-want-it, bull-themed burrito joint. Either way, his food-lovin' appetite for adventure led to the "Bullritos" concept, and a new era of burritos was born.
Are your ready to grab this franchise by the horns? Bullritos is actively seeking fierce candidates with strong business and leadership skills in the food service industry to be account-a-bull for a Bullritos franchise.
Check out the Full Bull on our website.
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