Start-Up Costs and Fees |
||
| Panchero's Mexican Grill | California Tortilla | |
| Investment | 404325 - 931000 | 378400 - 697000 |
| Franchise Fee | ||
| Royalty Fee | 5% | 5% |
| Advertising Fee | .5% local +2% Nat'l | |
| Year Founded | 1992 | 1995 |
| Year Franchised | 1995 | 1995 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Panchero's Mexican Grill | California Tortilla | |
| 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? | * A minimum of $1,000,000 net worth and $250,000 of liquid assets to invest in your California Tortilla franchise; * Experience in either the food/restaurant industry; and/or prior franchise experience; and/or prior business or management experience (whew!); * A passionate commitment to customer service; * A sound operating plan to manage your business; * A cultural fit with California Tortilla and a passion for Mexican food; * The willingness to learn and apply the California Tortilla Operating System. |
Financing Options |
||
| Panchero's Mexican Grill | California Tortilla | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Panchero's Mexican Grill | California Tortilla | |
| Training | On-The-Job Training: 200 hours Classroom Training: 10 hours | |
| Support | Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform | |
| Marketing | Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app | |
| Operations | Absentee Ownership Allowed Number of Employees Required to Run: 15 | |
Expansion Plans |
||
| Panchero's Mexican Grill | California Tortilla | |
| US Expansion | Nationwide, Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Guam, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming | |
| Canada Expansion | 0 | |
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Panchero's Mexican Grill | |
| California Tortilla | |
| Franchise Fee | |
| Panchero's Mexican Grill | |
| California Tortilla | |
| Royalty Fee | |
| Panchero's Mexican Grill | 5% |
| California Tortilla | 5% |
| Advertising Fee | |
| Panchero's Mexican Grill | |
| California Tortilla | .5% local +2% Nat'l |
| Year Founded | |
| Panchero's Mexican Grill | 1992 |
| California Tortilla | 1995 |
| Year Franchised | |
| Panchero's Mexican Grill | 1995 |
| California Tortilla | 1995 |
| Term Of Agreement | |
| Panchero's Mexican Grill | 5 years |
| California Tortilla | 10 years |
| Renewal Fee | |
| Panchero's Mexican Grill | |
| California Tortilla | |
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? |
| California Tortilla | * A minimum of $1,000,000 net worth and $250,000 of liquid assets to invest in your California Tortilla franchise; * Experience in either the food/restaurant industry; and/or prior franchise experience; and/or prior business or management experience (whew!); * A passionate commitment to customer service; * A sound operating plan to manage your business; * A cultural fit with California Tortilla and a passion for Mexican food; * The willingness to learn and apply the California Tortilla Operating System. |
Financing Options |
|
| Franchise Fees | |
| Panchero's Mexican Grill | No |
| California Tortilla | No |
| Start-up Costs | |
| Panchero's Mexican Grill | |
| California Tortilla | |
| Equipment | |
| Panchero's Mexican Grill} | |
| California Tortilla | |
| Inventory | |
| Panchero's Mexican Grill | |
| California Tortilla | |
| Receivables | |
| Panchero's Mexican Grill | |
| California Tortilla | |
| Payroll | |
| Panchero's Mexican Grill | |
| California Tortilla | |
Training & Support |
|
| Training | |
| Panchero's Mexican Grill | |
| California Tortilla | On-The-Job Training: 200 hours Classroom Training: 10 hours |
| Support | |
| Panchero's Mexican Grill | |
| California Tortilla | Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform |
| Marketing | |
| Panchero's Mexican Grill | |
| California Tortilla | Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app |
| Operations | |
| Panchero's Mexican Grill | |
| California Tortilla | Absentee Ownership Allowed Number of Employees Required to Run: 15 |
Expansion Plans |
|
| US Expansion | |
| Panchero's Mexican Grill | |
| California Tortilla | Nationwide, Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Guam, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming |
| Canada Expansion | |
| Panchero's Mexican Grill | 0 |
| California Tortilla | |
| International Expansion | |
| Panchero's Mexican Grill | |
| California Tortilla | |