Mucho Burrito
Food & Beverage QSRCompany Information
Address
9311 E. Via de Ventura Scottsdale, AZ 85258
Website
Tel
Not Available
Email
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Franchimp Summary Rating
Lower than 21% of peers
Franchise Summary
Description
The franchise is offered for the rights to operate a franchised restaurant from MTY Franchising USA, Inc. for a Mucho Burrito Franchise, which specializes in fast casual restaurants offering burritos, quesadillas, tacos, nachos, and other assorted foods and drinks, including an option Mexican beer program and other menu items related to the Mucho Burrito concept, as the franchisor may authorize periodically, using the trademark MUCHO BURRITO®.
Corporate Structure
MTY USA, is a Delaware corporation that was incorporated on March 14, 2001 to operate a franchising business in the United States under the name “The Extreme Pita.” They changed their corporate name from The Extreme Pita Franchising USA, Inc. in July 2014. Their principal business address in the United States is 9311 East Via de Ventura, Scottsdale, Arizona 85258.
Investment and Franchisee Fees
The total investment necessary to begin operation of a Mucho Burrito franchise ranges between $268,260 and $630,500, including an Initial Franchise Fee of $30,000, a lease review fee of up to $2,500, grand opening marketing $5000, to $10,000, and $75,000-$150,000 for the purchase of equipment and furniture, and other items for a total of $115,000 to $192,500 that must be paid to the franchisor. If you sign an Institutional License, the total investment necessary to begin operation of Mucho Burrito institutional franchise ranges between $245,760 and $608,000, including a total of $1987,500 to $92,500that must be paid to the franchisor.
Employee Contact Database
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Distribution of Mucho Burrito Franchisees
Mucho Burrito Franchise System Development in 2016
FAQ
How much investment do I need to start my own Mucho Burrito business?
Franchisees typically require at least $282,500 to $649,500 investment to get their Mucho Burrito business started
What are the initial franchise fees for Mucho Burrito?
Franchisees typically need to pay at least $25,000 in fees directly to Mucho Burrito in order to earn the right to launch their business
How much money can I make with a Mucho Burrito franchise? What are
the average revenues for a typical Mucho Burrito business?
We haven’t done the math on how much revenue a typical
Mucho Burrito brings in each year. We estimate that other
franchisees in the Food & Beverage industry generate
$1,201,697 revenue, so we would expect
Mucho Burrito to generate a similar amount
How long do I need to commit to running a Mucho Burrito unit? What
is my contractual commitment?
Mucho Burrito franchisees are typically required to sign up to a
10 year contract initially. The renewal length
is 10 years. You can of course exit early but
don’t expect to get any refund!
Accessibility
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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