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Below is an in-depth analysis and side-by-side comparison of Panchero's Mexican Grill vs Shaka Burrito! 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 | $200,000 - $250,000 |
Franchise Fee | $20,000 - $30,000 | $25,000 |
Royalty Fee | 5% | 3% |
Advertising Fee | - | - |
Year Founded | 1992 | 2009 |
Year Franchised | 1995 | 2011 |
Term Of Agreement | 5 years | 5 years |
Term Of Agreement | 5 years | 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 | - | - |
Support | - | - |
Marketing | - | - |
Operations | - | - |
Expansion Plans |
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US Expansion | - | - |
Canada Expansion | No | - |
International Expansion | No | - |
NO LONGER FRANCHISING
"ENJOY HEALTHY SURF INSPIRED CREATIONS SERVED ON THE ECO FRIENDLY TIP!"
WE ARE SHAKA!
We operate our restaurant with "Earth Friendly" products and practices.
Serve the freshest all natural products & source these items locally in season.
Prepare these ingredients using "From Scratch" recipes.
Never use shortcuts.
Only use recycled and/or biodegradable paper, packaging and tableware.
Supply the Big Island Environment that recharges the Mind, Body and Soul.
Represent The Positive!