6/10

Franchimp Summary Rating

5 /10
Higher than 52% of peers

Franchise Summary

Description
The franchisor offers qualified individuals and entities a franchise for the right to independently own and operate a quick casual restaurant featuring burritos, tacos, quesadillas, nachos, taco salads and “Chiwawas”, as well as other specialty items, sides, desserts and beverages, utilizing a proprietary business system and the mark BUBBAKOO’S BURRITOS. They also offer qualified parties the right to own and operate multiple Restaurants within a development area that they designate.
Company Background
BUBBAKOO'S BURRITOS is a restaurant franchise which offers qualified individuals and entities the right to independently own and operate restaurants. The company also operates as a franchiser, offering qualified parties the opportunity to own and operate multiple restaurants within designated development areas. Founded in 2005 by Andrew Coe, BubbaKoo's Burritos has grown into one of the largest burrito franchises in North America with more than 60 locations across Canada and USA.
Franchise Opportunity
A lot of people love Mexican food, but there are very few good, quick-service Mexican restaurants out there. Mexican food is one of the most popular cuisines in the United States, but finding a great place to get it can be tough. Most Mexican restaurants are either fast-food chains or sit-down places with long waits and high prices. BUBBAKOO'S BURRITOS offers a better option. Our burritos, tacos, quesadillas, nachos, taco salads and Chiwawas are all made fresh using quality ingredients. Plus, we have a variety of other tasty items on our menu that you won't find at other Mexican restaurants.
Corporate Structure
Bubbakoo’s Franchise Systems, LLC was organized under the laws of New Jersey as a limited liability company on August 26, 2014. Their principal business address is at 1670 Route 34 North, Suite 1C, Wall, New Jersey 07727. They first began offering franchises in February 2015.
Royalties and Marketing Fees

Royalties : 6.0% of revenue

Royalties : Up to 2% of Gross Sales of your Franchised Business (the ?Fund Contribution?). Currently, we collect Fund Contributions equal to 1% of Gross Sales

Royalties : 1% of the Gross Sales of your Franchised Business

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. QSR Industry

$678,711 / unit

Franchise Type: Standard

Average Revenue During 2020

$678,711
$173,917
Industry Low
$2,256,060
Industry High

Franchise Types Available

# Type Investment Fees

Employee Contact Database

# Name Position Phone Number Email Address

Bubbakoo's Burritos Franchise System Development in 2021

FAQ

How much investment do I need to start my own Bubbakoo's Burritos business?
Franchisees typically require at least $356 to $757 investment to get their Bubbakoo's Burritos business started
What are the initial franchise fees for Bubbakoo's Burritos?
Franchisees typically need to pay at least $35 in fees directly to Bubbakoo's Burritos in order to earn the right to launch their business
How much money can I make with a Bubbakoo's Burritos franchise? What are the average revenues for a typical Bubbakoo's Burritos business?
We estimate that the average revenue of an individual Bubbakoo's Burritos unit is approximately $678,711. We based this on Item 19 in franchise disclosure document
How long do I need to commit to running a Bubbakoo's Burritos unit? What is my contractual commitment?
The standard length for an initial franchise contract is 10 years. Renewals are also generally 10 years

Accessibility

5 /10
The Franchisor's investment costs ranges from $356,000 to $757,000 which is Much Higher 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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