Panchero's Mexican Grill vs Salsa Rico Franchise Comparison

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

Start-Up Costs and Fees

  Panchero's Mexican Grill Salsa Rico
Investment 404325 - 931000 278075 - 406700
Franchise Fee
Royalty Fee 5% 5%
Advertising Fee 2% +.5% admin
Year Founded 1992 1999
Year Franchised 1995 2004
Term Of Agreement
Term Of Agreement
Renewal Fee


Business Experience Requirements

  Panchero's Mexican Grill Salsa Rico
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 Salsa Rico
 
Franchise Fees No
Start-up Costs No
Equipment No
Inventory No
Receivables No
Payroll No

Training & Support

  Panchero's Mexican Grill Salsa Rico
Training
Support
Marketing
Operations

Expansion Plans

  Panchero's Mexican Grill Salsa Rico
US Expansion
Canada Expansion 0 0
International Expansion

Start-Up Costs and Fees Mobile

Investment
Panchero's Mexican Grill
Salsa Rico
Franchise Fee
Panchero's Mexican Grill
Salsa Rico
Royalty Fee
Panchero's Mexican Grill 5%
Salsa Rico 5%
Advertising Fee
Panchero's Mexican Grill
Salsa Rico 2% +.5% admin
Year Founded
Panchero's Mexican Grill 1992
Salsa Rico 1999
Year Franchised
Panchero's Mexican Grill 1995
Salsa Rico 2004
Term Of Agreement
Panchero's Mexican Grill 5 years
Salsa Rico
Renewal Fee
Panchero's Mexican Grill
Salsa Rico


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?
Salsa Rico

Financing Options

 
Franchise Fees
Panchero's Mexican Grill No
Salsa Rico No
Start-up Costs
Panchero's Mexican Grill
Salsa Rico
Equipment
Panchero's Mexican Grill}
Salsa Rico
Inventory
Panchero's Mexican Grill
Salsa Rico
Receivables
Panchero's Mexican Grill
Salsa Rico
Payroll
Panchero's Mexican Grill
Salsa Rico

Training & Support

Training
Panchero's Mexican Grill
Salsa Rico
Support
Panchero's Mexican Grill
Salsa Rico
Marketing
Panchero's Mexican Grill
Salsa Rico
Operations
Panchero's Mexican Grill
Salsa Rico

Expansion Plans

US Expansion
Panchero's Mexican Grill
Salsa Rico
Canada Expansion
Panchero's Mexican Grill 0
Salsa Rico 0
International Expansion
Panchero's Mexican Grill
Salsa Rico