Salsa Rico vs Panchero's Mexican Grill Franchise Comparison

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

Start-Up Costs and Fees

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


Business Experience Requirements

  Salsa Rico Panchero's Mexican Grill
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

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

Training & Support

  Salsa Rico Panchero's Mexican Grill
Training
Support
Marketing
Operations

Expansion Plans

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

Start-Up Costs and Fees Mobile

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


Business Experience Requirements

Experience
Salsa Rico
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?

Financing Options

 
Franchise Fees
Salsa Rico
Panchero's Mexican Grill
Start-up Costs
Salsa Rico
Panchero's Mexican Grill
Equipment
Salsa Rico}
Panchero's Mexican Grill
Inventory
Salsa Rico
Panchero's Mexican Grill
Receivables
Salsa Rico
Panchero's Mexican Grill
Payroll
Salsa Rico
Panchero's Mexican Grill

Training & Support

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

Expansion Plans

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