Panchero's Mexican Grill vs Tacos 4 Life Grill Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Panchero's Mexican Grill vs Tacos 4 Life Grill including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees
 
Panchero's Mexican Grill Franchise
Tacos 4 Life Grill Franchise
Investment $404,325 - $931,000$585,000 - $825,000
Franchise Fee $20,000 - $30,000$35,000
Royalty Fee 5%5%
Advertising Fee -1%
Year Founded 19922014
Year Franchised 19952014
Term Of Agreement 5 years-
Term Of Agreement 5 years-
Renewal Fee --


Business Experience Requirements
 
Panchero's Mexican Grill Franchise
Tacos 4 Life Grill 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?

Tacos 4 Life is looking for like-minded people who are ready to join our growing family of franchisees. We look for owner/operators or investors with solid operators in mind who possess the following: A strong belief in the mission and menu of Tacos 4 Life Ability to lead, yet follow a system Financial capability Business management Passion for delivering great services to our guests

Financing Options
 
Panchero's Mexican Grill Franchise
Tacos 4 Life Grill 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
Tacos 4 Life Grill Franchise
Training --
Support --
Marketing --
Operations --

Expansion Plans
 
Panchero's Mexican Grill Franchise
Tacos 4 Life Grill 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 Tacos 4 Life Grill

The first Tacos 4 Life Grill opened in Conway, Arkansas, on June 9th, 2014, but this is not where the story begins.
 Long before Tacos 4 Life opened its doors, Austin and Ashton Samuelson had a heart for the hungry. In 2009, they learned that over 18,000 children were dying worldwide each day due to starvation and hunger related causes. What surprised them is that the problem was completely preventable.

 Starvation is nothing more than a distribution problem. This simple fact moved them so much that they knew they could, and should, do something to help solve this problem. Thus, Tacos 4 Life was born. The Samuelson’s believe that God is up to something big and can use Tacos 4 Life, which exists to serve amazing food and to empower communities to fight to end world hunger, to help solve the world’s most solvable problem.
Tacos 4 Life Grill is a highly-differentiated restaurant that offers chef-inspired, award winning menu items served in a unique environment.
Our philosophy is based on delivering an unforgettable experience . . . great food, genuine service, and a mission focus that changes the world with every meal.