8/10

Franchimp Summary Rating

8 /10
Lower than 22% of peers

Franchise Summary

Description
Pincho Factory Franchise, LLC ("Franchisor") offers franchises for the operation of a fast casual gastro-pub restaurant that offers a variety of fresh and creative all American and Latin American influenced hamburgers, hot dogs, chicken sandwiches, skewers, pita wraps, rice bowls and salads, as well as other products. PINCHO Restaurants offer on-premises dining and carry-out.
Company Background
Pincho Factory is a fast casual gastro-pub restaurant that offers a variety of fresh and creative all American and Latin American influenced hamburgers, hot dogs, chicken sandwiches, skewers, pita wraps, rice bowls and salads. PINCHO Restaurants offer on-premises dining and carry-out.
Franchise Opportunity
Americans love hamburgers and hot dogs, but the traditional fast food burgers are not healthy. We have a healthier alternative to all of those boring options at fast food restaurants. Our fresh ingredients create flavorful combinations that will make you feel good about eating out. Pincho Factory serves up delicious Latin American-inspired street foods with an American twist, including our signature Fresh Angus Beef Burgers, Chicken Sandwiches made from scratch in-house daily and served on a warm brioche bun, Latin Skewers marinated in spices & citrus juices then grilled over an open flame grill; Hot Dogs wrapped in bacon and topped with homemade chili or sauerkraut; Pita Wraps filled with sliced chicken breast seasoned with cilantro pesto sauce or house roasted vegetables; Rice Bowls packed full of flavor from your choice of proteins like spicy smoked pulled pork or chicken tinga (shredded Mexican style stewed chicken) along with black
Corporate Structure
Pincho Factory Franchise, LLC is a Florida limited liability company that was formed on April 9, 2014. Their principal business address is 95 Merrick Way, Suite 500, Coral Gables, FL 33134. We have offered franchises since July 2014. From July 2014 to March 2019, they offered the same franchise offered under this disclosure document, but under the name and mark “Pincho Factory.” They started offering franchises under the “PINCHO” name and mark in March 2019.
Investment and Franchisee Fees
The total investment necessary to begin operation of a PINCHO franchise under a franchise agreement is $463,055 – $655,500. This includes $30,000 that must be paid to the Franchisor or affiliate. The total investment necessary to begin operation of a PINCHO franchise for the first restaurant if you sign an Area Development Agreement, which requires a minimum development of 3 PINCHO Restaurants, is $523,055 – $715,500. This includes $90,000 that must be paid to the Franchisor or affiliate. If you and the franchisor agree to the development of more than 3 PINCHO Restaurants, then your initial total investment for the first restaurant will increase by the number of additional Restaurants to be opened under the Area Development Agreement, multiplied by $30,000.
Royalties and Marketing Fees

Royalties : 5.0% of prior week's gross sales

Royalties : 2.0% of prior week's gross sales

Royalties : up to 5.0% ofprior week's gross sales

Employee Contact Database

# Name Position Phone Number Email Address

Pincho Factory Franchise System Development in 2018

FAQ

How much investment do I need to start my own Pincho Factory business?
Franchisees typically require at least $463 to $715 investment to get their Pincho Factory business started
What are the initial franchise fees for Pincho Factory?
Franchisees typically need to pay at least $30 in fees directly to Pincho Factory in order to earn the right to launch their business
How much money can I make with a Pincho Factory franchise? What are the average revenues for a typical Pincho Factory business?
We haven’t done the math on how much revenue a typical Pincho Factory brings in each year. We estimate that other franchisees in the Food & Beverage industry generate $1,201,697 revenue, so we would expect Pincho Factory to generate a similar amount
How long do I need to commit to running a Pincho Factory unit? What is my contractual commitment?
The standard length for an initial franchise contract is 10 years. Renewals are also generally 10 years

Accessibility

8 /10
The Franchisor's investment costs ranges from $213,540 to $475,750 which is Much Lower than the $0 to $0 average in the QSR industry
What determines the investment cost?
Item 7 of the Franchise Disclosure Document lays out the full list of initial investment costs, including the fee payable to the franchisor, security deposits, equipment, professional fees etc

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