Tuesday
Jun012010
Izzo's Illegal Burrito Franchise
Fast-casual Mexican food
Start-up Costs & Franchises Fees
What is the total cost to open a Izzo's Illegal Burrito Franchises?
Total Cost: $380,500-$744,900
Total Franchise Fees: $40,000 USD
Ongoing Royalty Fees: 5%
Ongoing Advertising Fees: Not Available
Term of Agreement: 10 years
Franchise Agreement Renewal Fee: $4000
Contact Information for Izzo's Illegal Burrito
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Izzo's Illegal Burrito |
Phone Number: 713-446-4469 |
Historical Expansion
In what year did Izzo's Illegal Burrito begin operations? 2001
When did Izzo's Illegal Burrito begin selling franchises? 2006
Future Expansion
United States: Nationwide
Training & Support
Training
* Available at headquarters: 12 days
* At franchisee's location: 7 days
Franchise Analyzer Professional's Inside Information
Can you buy this franchise for no money down? YesPlease note: You must download a free copy of Franchise Analyzer Professional to receive these benefits and so much more. Click here to download your FREE copy now.
What key terms in the franchise agreement can be negotiated? Cross-default provisions, arbitration clause, personal guarantee, default cure periods, non-compete agreement, favorable valuations for corporate buyout
Can you negotiate lower royalties during start-up? Yes
Can you purchase multiple franchises for a discounted franchise fee? Yes
Can you receive lower advertising fees? Yes
Will I know when the franchise break even? Yes
Will my personal assets including my home be safe in case my franchise business fails? Yes