Franchise Database (Updated ) | FranChimp

Go Burrito

Company Information

124 East Innes Street Salisbury, North Carolina 28144

[email protected]

Go Ventures, Inc. is the franchisor. We conduct business under the name Go Burrito!. We are a North Carolina corporation formed on April 6, 2015. Our principal place of business is 124 East Innes Street, Salisbury, North Carolina, 28144, and we do business under our corporate name and the Marks as described below. Mikey Wetzel is the founder and primary shareholder of Go Ventures, Inc. We have no parent or predecessors, but we have one affiliate, Go Burrito #1 LLC. Go Burrito #1 LLC is a North Carolina limited liability company, organized on April 2, 2012, whose principal place of business is 115 West Fisher Street, Salisbury, North Carolina, 28144. Our affiliate owns and operates one business of the type being franchised, which is located at its headquarters and which opened on February 20, 2013

We offer franchises for the right to establish, promote and operate a Go Burrito Franchise under the terms of a single unit franchise agreement within a specified territory (the “Franchise Agreement”) The franchise offering is for a California-style fast-casual burrito restaurant, operating under the Mark “Go Burrito"which will specialize in the sale of made-to-order burritos, salads, tacos, quesadillas, desserts and other menu items and merchandise, as we may periodically authorize, to the general public (collectively, “Burrito Products”) Go Burrito is a burrito hangout where we celebrate burritos “the size of your head ” Go Burrito stands apart from our competitors with its optional bar concept, Caribbean beach theme, fresh ingredients, healthy choices, homemade salsa bar, “wet” burritos, unique burrito mixing technique, and grilling burritos Many Go Burrito restaurants will have a limited alcohol offering (beer or beer & wine) or a full-service alcohol offering (beer, wine and liquor)

FDD Effective Date Action

Franchise Rating

Franchimp Summary Rating

8/10

Investment Accessibility

8/10

Franchise System Development

Year Units at Start of Year Units Opened Units Terminated Non-Renewals Re-Acquired by Franchisor Ceased Operations Units at End of Year

Employee Contact Database

# Name Position Email Phone

Summary of Investment Costs

Upfront Franchise Fees

Minimum: $30,000 Maximum: $75,000

Upfront franchise fees are the one-time payments required to secure rights to operate under an established brand, typically ranging from $20,000 to $100,000+ depending on brand value.

These fees grant access to proprietary business systems, training programs, intellectual property rights, and often territorial exclusivity—essentially purchasing the blueprint for a proven business model.

While separate from ongoing royalties, investors should evaluate these fees against expected returns, comparing fee-to-earnings ratios across opportunities and assessing how effectively franchisors reinvest these funds into system improvements.

Total Investment Costs

Minimum: $435,000 Maximum: $962,000

Ongoing Fees

Ongoing franchise fees, typically structured as royalties ranging from 4-8% of gross sales, represent the continuous payments franchisees make to maintain brand affiliation and support services.

These recurring fees fund the franchisor's operational assistance, marketing initiatives, technology updates, and continued brand development—creating a partnership where the franchisor's revenue grows alongside the franchisee's success. In addition to royalties, franchisees often contribute to national advertising funds (usually 1-3% of sales) and may incur technology fees, supply chain markups, or renewal fees depending on the franchise agreement.

Investors should carefully analyze these ongoing costs within their financial projections, as they directly impact profit margins and cash flow throughout the entire franchise relationship.

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