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Wednesday
May262010

Panchero's Mexican Grill Franchise

Fresh-Mex quick-service restaurant

As a restaurant concept proven over 15 years, Panchero's Mexican Grill has embarked on an aggressive expansion plan. Franchise development is a major part of that plan.

The Panchero's franchise system is backed by proven tools and support systems in the following areas:

* Site Selection
* Facility Design
* Marketing and Promotion
* Training
* Ongoing Support

Panchero's Franchise Corporation is offering franchise opportunities to a select group.
In considering potential franchise business owners, Panchero's Franchise Corporation will consider:

* Financial Qualification (minimum net worth $750,000 USD ; $250,000 USD liquid)
* Previous restaurant operating experience
* Your plan to develop a market and your ability to carry out that plan
* Your knowledge of the trade area in which you will be operating

Panchero's Franchise Corporation is looking for people who will be assets to the existing Panchero's franchise system.

Start-up Costs & Franchises Fees

What is the total cost to open a Panchero's Mexican Grill Franchises?

Total Cost: $303,475-$627,500
Total Franchise Fees: $20,000 USD -$30,000 USD
Ongoing Royalty Fees: 5%
Ongoing Advertising Fees: Not Available
Term of Agreement: 5 years

Contact Information for Panchero's Mexican Grill

Panchero's Mexican Grill
2475 Coral Ct., #B
Coralville, IA
52241

Phone Number: (888)639-2378
Toll Free: (888)639-2378
Fax Number: (319) 545-6570

Franchise Homepage:

Panchero's Mexican Grill In the Press

No results at this time.

Historical Expansion

In what year did Panchero's Mexican Grill begin operations? 1992
When did Panchero's Mexican Grill begin selling franchises? 1995

Year United States Canada International Corporate
2008 39 0 0 15
2007 33 0 0 15
2006 26 0 0 17
2004 13 0 0 11
2003 6 0 0 10

Franchise Financing Information

Cost In House Financing Available? 3rd Party Financing Available?
Franchise Fee No Yes
Initial Start-up Capital No Yes
Plant, Property, and Equipment No Yes
Inventory No Yes
Accounts Receivable No No
Payroll No No

Franchise Analyzer Professional's Inside Information

Can you buy this franchise for no money down? Yes
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
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