- Franchising Costs
- Financial Requirements
- Royalty Fee
- Advertising Fee
- About Building a Store
- Finding a Premier Location
- Generating Sales
- Support for Multiple Stores in the Same Town
- The Steps to Owning a Franchise
The franchise fee for your first traditional franchise is $30,000. The initial investment estimate for a traditional TacoTime restaurant is between $402,150 - $817,550.
To purchase a TacoTime franchise, you will need a credit score of 680, a net worth of $250,000, and the required liquid capital of $100,000.
Yes, you can. As long as your partner owns at least 50% of your organization, this is acceptable.
No, TacoTime does offer financing although we do have a broad list of recommended lenders we can share with candidates.
For a traditional location, the continuing royalty fee is the greater of 6% of gross sales or $400 per week.
Currently the advertising fee is 4% of gross sales. Fees go to National Marketing, Brand Building and Local Marketing. Your TacoTime representative will be able to provide additional information.
The TacoTime team will guide you through all phases of the site selection, lease negotiation, construction, training, grand opening and ongoing processes for marketing and operations.
Our experienced Real Estate team assists the TacoTime owners with site selection and securing the best location in each city. We can also assist you with lease negotiations for a nominal charge or you may work with a local real estate broker. Once you become a franchisee, you can also work with the TacoTime team to research and suggest TacoTime sites.
Building sales takes effort on many different levels - from running your business with monitored food costs, to strong operations, to local store marketing, to most importantly ensuring that you give every customer a reason to return. The TacoTime Marketing Team will assist you by creating national marketing initiatives and advertising that are key to building sales. Increasing sales takes diligent effort in all areas of your business.
TacoTime has mapped out a range of site opportunities in each region. If a store already exists in your area, there may be enough local demand to support more stores. Ask your Franchise Development Manager to discuss opportunities.
Up to two people are included in the training process as part of the initial franchise fee. Additional staff may attend for a fee.
There are five main steps to owning a franchise:
- Complete Your Application
- Sign Your Franchise Agreement
- Secure Your Location
- Build & Outfit Your Store
- Open Your Store
Read the details by visiting our Steps to Becoming a Franchisee page.
Don't see your question here? Visit the TacoTime Franchise Inquiry Page to ask a question or to find out more about becomming a TacoTime franchisee.