5/10

Franchimp Summary Rating

2 /10
Higher than 88% of peers

Franchise Summary

Description
The franchise offered is to operate a Taco John’s Restaurant that serves mainly Mexican food for carry out or consumption on the premises.
Company Background
Taco John's is a quick service restaurant chain that serves Mexican food. The first Taco John's was opened by an entrepreneur named "John" who had the idea to open a restaurant similar to the original El Cholo, which he frequented in college. He wanted to serve traditional Mexican cuisine, but with more accessibility for families and those on-the-go. In 1977, he opened his first Taco John's location in Cheyenne, Wyoming. Today there are over 300 locations of this franchise throughout 16 states.
Franchise Opportunity
Mexican food is one of the most popular types of food in America. However, it's hard to find a place that offers both affordable and delicious Mexican dishes. Taco John's has been serving delicious Mexican cuisine since 1968 at more than 400 locations across 24 states. The restaurant serves fresh ingredients and offers variety for every palate including vegetarian options. Our franchisees have an opportunity to open a new Taco John's Restaurant in their areas with proven business model, marketing support, training and help on site selection process by our experts at no cost or obligation whatsoever! We will help you get started today - all you need to do is fill out the application form below!
Corporate Structure
Taco John’s International, Inc. is a Wyoming corporation incorporated on May 8, 1985. Their principal business address is 808 West 20th Street, Cheyenne, Wyoming 82001.
Investment and Franchisee Fees
The total investment necessary to begin operation of a Taco John’s franchise varies depending upon the size and seating capacity of the Taco John’s Restaurant. The total investment (except for real estate) for a Signature T16 restaurant ranges from $1,057,000 to $1,599,000. For a non-traditional restaurant the total investment ranges from $406,000 to $845,000. This includes $20,000 to $25,000 that must be paid to the franchisor for the initial franchise fee for a Signature T16 restaurant, or $10,000 that must be paid to the franchisor for the initial franchise fee for a non-traditional restaurant.

Earnings Transparency

7 /10
This Franchise discloses slightly more information about the financial performance of their franchisees compared to other franchises in the same industry

Why do some franchises disclose more than others?
There are many reasons why a brand may choose to not include item 19 on their FDD: they could be a newer franchise, they may be in a unique industry that is not super profitable or well-known yet

Financial Performance of "Standard" Units

Average Revenue Per Unit

Compared vs. Quick Service Restaurants (QSR) Industry

$1,070,245 / unit

Franchise Type: Standard

Average Revenue During 2020

$1,070,245
$112,269
Industry Low
$2,500,000
Industry High

Employee Contact Database

# Name Position Phone Number Email Address

Distribution of Taco John's Franchisees

Taco John's Franchise System Development in 2022

FAQ

How much investment do I need to start my own Taco John's business?
Franchisees typically require at least $1,365,000 to $2,120,000 investment to get their Taco John's business started
What are the initial franchise fees for Taco John's?
Franchisees typically need to pay at least $15,000 in fees directly to Taco John's in order to earn the right to launch their business
How much money can I make with a Taco John's franchise? What are the average revenues for a typical Taco John's business?
We estimate that the average revenue of an individual Taco John's unit is approximately $1,070,245. We based this on Item 19 in franchise disclosure document
How long do I need to commit to running a Taco John's unit? What is my contractual commitment?
Taco John's franchisees are typically required to sign up to a 20 year contract initially. The renewal length is 10 years. You can of course exit early but don’t expect to get any refund!

Accessibility

2 /10
The Franchisor's investment costs ranges from $238,200 to $1,927,500 which is Much Higher than the $0 to $0 average in the Quick Service Restaurants (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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