7/10

Franchimp Summary Rating

3 /10
Higher than 70% of peers

Franchise Summary

Description
Qdoba Mexican Grill is a fast-casual restaurant chain founded in 1995 in Denver, Colorado, specializing in customizable Mexican cuisine such as burritos, tacos, and bowls, with a focus on fresh ingredients and a notable 'free guacamole' policy. The vibrant atmosphere and variety of menu options, including vegetarian and vegan choices, have made Qdoba a popular dining destination across the United States and internationally.
Corporate Structure
Qdoba is a Colorado corporation. Qdoba conducts business under its corporate name and the trade name “Qdoba,” “Qdoba Mexican Eats,” “Qdoba Mexican Grill,” and variations on those names (collectively, “Qdoba”). Qdoba’s business address and official place of business is 350 Camino De La Reina, Suite 400, San Diego, California 92108. The addresses of Qdoba’s agents for service of process are listed on Exhibit C. On March 21, 2018, all shares of stock in Qdoba Restaurant Corporation, a Colorado corporation, were purchased from Jack in the Box Inc. by Quidditch Acquisition, Inc. Previously, on September 27, 2015, Qdoba Restaurant Corporation, a Delaware corporation, merged into ZRC Operations Company, Inc., a Colorado corporation, and simultaneously changed its name to “Qdoba Restaurant Corporation.”

Earnings Transparency

10 /10
This Franchise discloses far more 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 "Traditional" Units

Average Revenue Per Unit

Compared vs. QSR Industry

$1,303,054 / unit

Franchise Type: Traditional

Average Revenue During 2021

$1,303,054
$411,442
Industry Low
$2,544,354
Industry High

Financial Performance of "Non-Traditional" Units

Average Revenue Per Unit

Compared vs. QSR Industry

$780,692 / unit

Franchise Type: Non-Traditional

Average Revenue During 2021

$780,692
$411,442
Industry Low
$2,544,354
Industry High

Franchise Types Available

# Type Investment Fees

Qdoba Mexican Grill Franchise System Development in 2022

FAQ

How much investment do I need to start my own Qdoba Mexican Grill business?
Franchisees typically require at least $489 to $1 investment to get their Qdoba Mexican Grill business started
What are the initial franchise fees for Qdoba Mexican Grill?
Franchisees typically need to pay at least $30 in fees directly to Qdoba Mexican Grill in order to earn the right to launch their business
How much money can I make with a Qdoba Mexican Grill franchise? What are the average revenues for a typical Qdoba Mexican Grill business?
We estimate that the average revenue of an individual Qdoba Mexican Grill unit is approximately $1,303,054. We based this on Item 19 in franchise disclosure document
How long do I need to commit to running a Qdoba Mexican Grill unit? What is my contractual commitment?
The standard length for an initial franchise contract is 10 years. Renewals are also generally 10 years

Accessibility

3 /10
The Franchisor's investment costs ranges from $489,200 to $1,178,000 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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