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Tacone
Franchisor of quick-service restaurants serving fresh soups, sandwiches, salads, smoothies and catering.
Franchisor Background
Year Established: 1995Franchising Since: 1998
Operating Units: Franchised Units: 60 100% Company-Owned Units: 0 0% ______ _____ Total Operating Units: 60 100% Geographic Distribution: U.S.: 60 100% In 6 States Canada: 0 0% In 0 Canadian Provinces International: 0 0% In 0 Foreign Countries ______ _____ Total: 60 100% North America: States/Provinces with the largest number of operating units: Density Units 1. California 9
Registered in Following Registration States: Financial Requirements
Investment: Minimum Net Worth: $100K Cash Investment: $75K Total Investment: $200-350K Average Total Investment: $275K Fees: Initial Franchise Fee: $25K Average Franchise Fee: $25K On-Going Royalty: 6% Average Royalty: 6% Advertising Fee: 1%
Average Number of Employees: 1 Full-time, 5-7 Part-timeSpace Needs (in square footage): N/APreferred Sites: Storefront, Strip Center, Regional MallOther Sites: Encourage Conversions? NoEarnings Claims Provided? NoListed in the SBA Registry? NoSupport and Training
International Franchise Association: No Canadian Franchise Association: No Franchisee Association/Member: Yes, Member Size of Corporate Staff: 10 Site Selection Assistance? Yes Lease Negotiation Assistance? Yes Financial Assistance? Yes, Direct Marketing Support: Co-Op Advertising: No National Advertising: No Regional Advertising: No Local Advertising: No Marketing Materials: None Specified Additional Services: None Specified Other Marketing Support: None Specified On-Going Support: Central Data Processing: Included in Fees Central Purchasing: Included in Fees Field Operation Evaluation: Included in Fees Field Training: Included in Fees Initial Store Opening: Included in Fees Inventory Control: Included in Fees Franchisee Newsletter: Included in Fees Regional or National Meetings: Included in Fees 800 Telephone Hotline: Included in Fees Training: 1. Corporate Training in Downtown Los Angeles, CA 3 Weeks
Franchisee Qualifications
Ranked from 1 (unimportant) to 5 (important): Financial Net Worth: N/A General Business Experience: N/A Specific Industry Experience: N/A Formal Education: N/A Psychological Profile: N/A Personal Interview(s): N/A
Minority Representation
Units Owned by Minorities: African-American: N/A Asian-American: N/A Hispanic: N/A Native American: N/A Other: N/A Specific Minority: We will do everything possible to aid the prospective franchisee.
Terms of Contract
Term of Initial Contract: 10 Year(s) Term of Renewal Period: Year(s) Passive Ownership: Allowed Area Development Agreements? Yes, for 1 Year(s) Sub-Franchising Contracts? Yes Franchisees Allowed to Expand Within Territory? Yes
Expansion Plans
Projected New Units Over Next 12 months:
U.S.: Yes, All United States Canada: No Overseas: No
