Franchising Status
Eligibility for SBA Loan

Overall Rating

Franchise Summary

Business Opportunity

Mexican food

Corporate Structure

Chronic Tacos Enterprises, Inc., a California corporation, was formed on January 1, 2006. Their principal business address is 31 Journey, Suite 230, Aliso Viejo, California 92656. They have been offering Chronic Tacos® franchises since November 2006.

Investment and Franchisee Fees

The total investment necessary to begin operations of a single Chronic Tacos restaurant ranges from $294,000 to $799,000. This includes $40,000 that must be paid to the franchisor or an affiliate.

Franchisee Financial Performance

Average franchisee revenue and gross profit relative to industry peers

Accessibility

Net wealth and liquid capital requirements relative to industry peers

Franchisor Reputation

Number of lawsuits and bankruptcies relative to industry peers

Franchisor Financial Health

Revenue and cash of franchisor relative to industry peers

Franchise System Health

Franchisee termination and cessation rate relative to industry peers

Affordability

Investment and franchise fees relative to industry peers

Distribution of Chronic Tacos Franchisees

Chronic Tacos Franchise System Development in 2017

FAQ

How much investment do I need to start my own Chronic Tacos business?
Franchisees typically require at least $294,000 to $794,000 investment to get their Chronic Tacos business started
What are the initial franchise fees for Chronic Tacos?
Franchisees typically need to pay at least $40,000 in fees directly to Chronic Tacos in order to earn the right to launch their business
How much money can I make with a Chronic Tacos franchise? What are the average revenues for a typical Chronic Tacos business?
We haven’t done the math on how much revenue a typical Chronic Tacos brings in each year. We estimate that other franchisees in the Food & Beverage industry general revenue, so we would expect Chronic Tacos to generate a similar amount
How long do I need to commit to running a Chronic Tacos unit? What is my contractual commitment?
Chronic Tacos 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!

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