TacoTime Franchise
Monday, April 26, 2010 at 11:06PM Quick-service Mexican restaurant chain
After graduating from the University of Oregon, Taco Time founder Ron Fraedrick fell in love with the Mexican cuisine he sampled as he traveled throughout Southern California. Deciding to bring back his newfound taste to his hometown of Eugene, Oregon, Fraedrick opened up the first Taco Time restaurant in 1959. Using spices Fraedrick created himself, the restaurant sold more than 3,500 tacos in its opening weekend. The company opened its first franchise in 1961 and now has franchises in both freestanding and express sites throughout the United States and Canada as well as in Japan and Kuwait. In 2000, the company introduced Brand Renaissance, which includes a facility d'r package and updated food mix and packaging, as a renewal of the brand.
Taco Time has co-branding relationships with both TCBY Treats and A&W Restaurants.
Start-up Costs & Franchises Fees
What is the total cost to open a TacoTime Franchises?
Total Cost: $55,410-$355,500
Total Franchise Fees: $12,500-$50,000 USD
Ongoing Royalty Fees: 6%
Ongoing Advertising Fees: Not Available
Term of Agreement: 15 years
Contact Information for TacoTime
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TacoTime |
Phone Number: (480)443-0200 |
TacoTime In the Press
No results at this time.Historical Expansion
In what year did TacoTime begin operations? 1959
When did TacoTime begin selling franchises? 1961
Year United States Canada International Corporate 2005 247 108 0 2 2004 169 111 0 0 2003 164 115 5 6 2002 169 115 5 5 2001 171 115 5 4
Future Expansion
United States: California, Idaho, Montana, Nevada, Oregon, Utah, Washington,
Countries of Interest:
Franchise Financing Information
Cost In House Financing Available? 3rd Party Financing Available? Franchise Fee No No Initial Start-up Capital No No Plant, Property, and Equipment No Yes Inventory No No Accounts Receivable No No Payroll No No
Training & Support
Support
In the Pressletter, Meetings, Toll free phone number, Grand opening support, Safety and Security procedures, Field support and site evaluation
Marketing
Cooperative advertising, National media, Regional advertising support
Franchise Operation Restrictions
Number of employees needed to run franchised unit: 15
Absentee ownership of this franchise business is not available to new franchisees. (100% of current franchise business owners are owner/operators)
Qualifications & Business Experience
Business Experience:
General business experience
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