Start-Up Costs and Fees |
||
| Panchero's Mexican Grill | BarBurrito | |
| Investment | 404325 - 931000 | 176200 - 300150 |
| Franchise Fee | ||
| Royalty Fee | 5% | 5% |
| Advertising Fee | ||
| Year Founded | 1992 | 0 |
| Year Franchised | 1995 | 0 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Panchero's Mexican Grill | BarBurrito | |
| 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 |
||
| Panchero's Mexican Grill | BarBurrito | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Panchero's Mexican Grill | BarBurrito | |
| Training | Intensive training program for a minimum of four weeks. This training will guide you through everything you need to know about the BarBurrito system including business management tools, staff management and marketing strategies. We will show you how to control overhead expenditures, while implementing strategies to deal with a changing economy and seasonal variations in store sales. Our manual covers a full range of topics and procedures, from store operations and staff management, to recipes and marketing strategies. | |
| Support | Ongoing operations support and guidance to help you run a great restaurant! Advising you on new products or procedures, assistance in controlling costs, marketing initiatives. Answer each and every inquiry you may have. We believe in an open door policy, so make sure to take advantage of it! | |
| Marketing | Our marketing program is designed to benefit the BarBurrito brand as well as each individual store. Our marketing department sends hundreds of thousands of flyers each year, both through Canada Post and door to door. We promote chain-wide and individual store specials, catering services and seasonal promotions, to businesses and private residences alike. Marketing support is available free of charge to franchisees wishing to produce local marketing initiatives. Chain wide marketing initiatives are initiated and implemented by us and paid for through the advertising fund that each franchisee contributes to. | |
| Operations | ||
Expansion Plans |
||
| Panchero's Mexican Grill | BarBurrito | |
| US Expansion | ||
| Canada Expansion | 0 | Nationwide, Alberta, British Columbia, Manitoba, New Brunswick, Newfoundland, Northwest Territories, Nova Scotia, Nunavut, Ontario, Prince Edward Island, Quebec, Saskatchewan, Yukon Territory |
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Panchero's Mexican Grill | |
| BarBurrito | |
| Franchise Fee | |
| Panchero's Mexican Grill | |
| BarBurrito | |
| Royalty Fee | |
| Panchero's Mexican Grill | 5% |
| BarBurrito | 5% |
| Advertising Fee | |
| Panchero's Mexican Grill | |
| BarBurrito | |
| Year Founded | |
| Panchero's Mexican Grill | 1992 |
| BarBurrito | 0 |
| Year Franchised | |
| Panchero's Mexican Grill | 1995 |
| BarBurrito | 0 |
| Term Of Agreement | |
| Panchero's Mexican Grill | 5 years |
| BarBurrito | |
| Renewal Fee | |
| Panchero's Mexican Grill | |
| BarBurrito | |
Business Experience Requirements |
|
| Experience | |
| Panchero's Mexican Grill | * 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? |
| BarBurrito | |
Financing Options |
|
| Franchise Fees | |
| Panchero's Mexican Grill | No |
| BarBurrito | No |
| Start-up Costs | |
| Panchero's Mexican Grill | |
| BarBurrito | |
| Equipment | |
| Panchero's Mexican Grill} | |
| BarBurrito | |
| Inventory | |
| Panchero's Mexican Grill | |
| BarBurrito | |
| Receivables | |
| Panchero's Mexican Grill | |
| BarBurrito | |
| Payroll | |
| Panchero's Mexican Grill | |
| BarBurrito | |
Training & Support |
|
| Training | |
| Panchero's Mexican Grill | |
| BarBurrito | Intensive training program for a minimum of four weeks. This training will guide you through everything you need to know about the BarBurrito system including business management tools, staff management and marketing strategies. We will show you how to control overhead expenditures, while implementing strategies to deal with a changing economy and seasonal variations in store sales. Our manual covers a full range of topics and procedures, from store operations and staff management, to recipes and marketing strategies. |
| Support | |
| Panchero's Mexican Grill | |
| BarBurrito | Ongoing operations support and guidance to help you run a great restaurant! Advising you on new products or procedures, assistance in controlling costs, marketing initiatives. Answer each and every inquiry you may have. We believe in an open door policy, so make sure to take advantage of it! |
| Marketing | |
| Panchero's Mexican Grill | |
| BarBurrito | Our marketing program is designed to benefit the BarBurrito brand as well as each individual store. Our marketing department sends hundreds of thousands of flyers each year, both through Canada Post and door to door. We promote chain-wide and individual store specials, catering services and seasonal promotions, to businesses and private residences alike. Marketing support is available free of charge to franchisees wishing to produce local marketing initiatives. Chain wide marketing initiatives are initiated and implemented by us and paid for through the advertising fund that each franchisee contributes to. |
| Operations | |
| Panchero's Mexican Grill | |
| BarBurrito | |
Expansion Plans |
|
| US Expansion | |
| Panchero's Mexican Grill | |
| BarBurrito | |
| Canada Expansion | |
| Panchero's Mexican Grill | 0 |
| BarBurrito | Nationwide, Alberta, British Columbia, Manitoba, New Brunswick, Newfoundland, Northwest Territories, Nova Scotia, Nunavut, Ontario, Prince Edward Island, Quebec, Saskatchewan, Yukon Territory |
| International Expansion | |
| Panchero's Mexican Grill | |
| BarBurrito | |