The Chronic Tacos story began in 1983 when founder, Rick Bayless, opened his first restaurant on the campus of University of Chicago. After a decade of success at college campuses across the country, Rick decided to bring authentic Mexican food to America's heartland. In 1993 he founded "Chronic Taco" which was later renamed "Chronic Tacos". The company has been growing ever since with over 100 restaurants nationwide and is still expanding rapidly.
Franchise Opportunity
Mexican food is one of the most popular cuisines in the United States, but it can be hard to find a great place to eat it. Not all Mexican food is created equal. You know this because you've probably had a bad experience or two with Mexican food. Chronic Tacos is different. We serve up authentic Mexican cuisine that's made fresh daily and tastes amazing. Plus, we have a variety of menu items so there's something for everyone.
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 Attrition
2 /10
This franchise's rate of attrition in 2017
of 14.71%
was
Much Higher
than the 5% in the QSR industry. Generally speaking, a higher rate of attrition represents a less stable franchise system and a lower rate of attrition indicates a more successful system
What's Included in franchise attrition?
We define the franchisee attrition rate as the sum of terminations, re-acquisitions by
franchisor, non-renewals, and ceased operations, divided by the number of outlest at the start of the year.
It is a strong indicator of the strength of the underlying operating model
Employee Contact Database
#
Name
Position
Phone Number
Email Address
Franchise Disclosure Documents
FDD
Effective Date
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 generate
$0 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!
Accessibility
9 /10
The Franchisor's investment costs ranges from
$177,500 to $341,000
which is
Much Lower
than the $619,545 to $1,693,635 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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