Start-Up Costs and Fees |
||
| Chorizo Fresh Mex | Diamond Dave's Mexican Restaurants | |
| Investment | 275000 - 500000 | 189000 - 325000 |
| Franchise Fee | ||
| Royalty Fee | 6% | 4% |
| Advertising Fee | 2% | |
| Year Founded | 2005 | 1979 |
| Year Franchised | 2009 | 1980 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Chorizo Fresh Mex | Diamond Dave's Mexican Restaurants | |
| Experience | General business experience | |
Financing Options |
||
| Chorizo Fresh Mex | Diamond Dave's Mexican Restaurants | |
| Franchise Fees | Yes | |
| Start-up Costs | Yes | |
| Equipment | Yes | |
| Inventory | Yes | |
| Receivables | Yes | |
| Payroll | Yes | |
Training & Support |
||
| Chorizo Fresh Mex | Diamond Dave's Mexican Restaurants | |
| Training | 4 weeks | |
| Support | Newsletter, Meetings, Grand opening, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives | |
| Marketing | Ad slicks | |
| Operations | 20% of all franchisees own more than one unit Number of employees needed to run franchised unit: 20 Absentee ownership of franchise is allowed. (80% of current franchisees are owner/operators) | |
Expansion Plans |
||
| Chorizo Fresh Mex | Diamond Dave's Mexican Restaurants | |
| US Expansion | Mid West, | |
| Canada Expansion | Ontario | 0 |
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Chorizo Fresh Mex | |
| Diamond Dave's Mexican Restaurants | |
| Franchise Fee | |
| Chorizo Fresh Mex | |
| Diamond Dave's Mexican Restaurants | |
| Royalty Fee | |
| Chorizo Fresh Mex | 6% |
| Diamond Dave's Mexican Restaurants | 4% |
| Advertising Fee | |
| Chorizo Fresh Mex | 2% |
| Diamond Dave's Mexican Restaurants | |
| Year Founded | |
| Chorizo Fresh Mex | 2005 |
| Diamond Dave's Mexican Restaurants | 1979 |
| Year Franchised | |
| Chorizo Fresh Mex | 2009 |
| Diamond Dave's Mexican Restaurants | 1980 |
| Term Of Agreement | |
| Chorizo Fresh Mex | |
| Diamond Dave's Mexican Restaurants | 10 years+ |
| Renewal Fee | |
| Chorizo Fresh Mex | |
| Diamond Dave's Mexican Restaurants | |
Business Experience Requirements |
|
| Experience | |
| Chorizo Fresh Mex | |
| Diamond Dave's Mexican Restaurants | General business experience |
Financing Options |
|
| Franchise Fees | |
| Chorizo Fresh Mex | |
| Diamond Dave's Mexican Restaurants | |
| Start-up Costs | |
| Chorizo Fresh Mex | |
| Diamond Dave's Mexican Restaurants | |
| Equipment | |
| Chorizo Fresh Mex} | |
| Diamond Dave's Mexican Restaurants | |
| Inventory | |
| Chorizo Fresh Mex | |
| Diamond Dave's Mexican Restaurants | |
| Receivables | |
| Chorizo Fresh Mex | |
| Diamond Dave's Mexican Restaurants | |
| Payroll | |
| Chorizo Fresh Mex | |
| Diamond Dave's Mexican Restaurants | |
Training & Support |
|
| Training | |
| Chorizo Fresh Mex | 4 weeks |
| Diamond Dave's Mexican Restaurants | |
| Support | |
| Chorizo Fresh Mex | |
| Diamond Dave's Mexican Restaurants | Newsletter, Meetings, Grand opening, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives |
| Marketing | |
| Chorizo Fresh Mex | |
| Diamond Dave's Mexican Restaurants | Ad slicks |
| Operations | |
| Chorizo Fresh Mex | |
| Diamond Dave's Mexican Restaurants | 20% of all franchisees own more than one unit Number of employees needed to run franchised unit: 20 Absentee ownership of franchise is allowed. (80% of current franchisees are owner/operators) |
Expansion Plans |
|
| US Expansion | |
| Chorizo Fresh Mex | |
| Diamond Dave's Mexican Restaurants | Mid West, |
| Canada Expansion | |
| Chorizo Fresh Mex | Ontario |
| Diamond Dave's Mexican Restaurants | 0 |
| International Expansion | |
| Chorizo Fresh Mex | |
| Diamond Dave's Mexican Restaurants | |