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Home >> Restaurants (Sit-Down) >> Mexican Restaurants
| Pepe's Mexican Restaurant 1325 W. 15th St. Chicago, IL 60608 |
Submit an online form to receive information from Pepe's Mexican Restaurant.
|
Business Description
A full-service Mexican restaurant, serving a complete line of Mexican food, with liquor, beer and wine. Complete training and help in remodeling, site selection, equipment purchasing and running the restaurant provided.
Franchisor Background
Year Established: 1967
Franchising Since: 1968
North America:
States/Provinces with the largest number of operating units:
Registered in Following Registration States: Illinois, Indiana, Virginia
Financial Requirements
Average Number of Employees: 8 Full-time, 5 Part-time
Space Needs (in square footage): 3,000
Preferred Sites: Free-standing Building, Storefront, Strip Center
Other Sites:
Encourage Conversions? Yes
Earnings Claims Provided?: Yes
A full-service Mexican restaurant, serving a complete line of Mexican food, with liquor, beer and wine. Complete training and help in remodeling, site selection, equipment purchasing and running the restaurant provided.
Franchisor Background
Year Established: 1967
Franchising Since: 1968
| Operating Units: | |||||||||||||||||||||||||||||||
Franchised Units: | 55 | 100% | | ||||||||||||||||||||||||||||
| Company-Owned Units: | 0 | 0% | |||||||||||||||||||||||||||||
Total Operating Units: | 55 | 100.0% | |||||||||||||||||||||||||||||
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States/Provinces with the largest number of operating units:
| Density | Units |
| 1. Indiana | 11 |
| 2. Illinois | 44 |
Registered in Following Registration States: Illinois, Indiana, Virginia
Financial Requirements
| Investment: | |
| Minimum Net Worth: | $ |
| Cash Investment: | $30-100K |
| Total Investment: | $75-300K |
| Average Total Investment: | $188K |
| Fees: | |
| Initial Franchise Fee: | $15K |
| Average Franchise Fee: | $15K |
| On-Going Royalty: | 4% |
| Average Royalty: | 4% |
| Advertising Fee: | 3% |
Space Needs (in square footage): 3,000
Preferred Sites: Free-standing Building, Storefront, Strip Center
Other Sites:
Encourage Conversions? Yes
Earnings Claims Provided?: Yes
| Franchisee Qualifications | |||||||||
Ranked from 1 (unimportant) to 5 (important): | |||||||||
| Financial Net Worth: | 3 | ||||||||
| General Business Experience: | 3 | ||||||||
| Specific Industry Experience: | 2 | ||||||||
| Formal Education: | 2 | ||||||||
| Psychological Profile: | 1 | ||||||||
| Personal Interview(s): | 4 | ||||||||
| Terms of Contract | |||||||||
| Term of Initial Contract: | 20 Year(s) | ||||||||
| Term of Renewal Period: | Year(s) | ||||||||
| Passive Ownership: | Allowed, But Discouraged | ||||||||
| Area Development Agreements? | Yes, for 1 Year(s) | ||||||||
| Sub-Franchising Contracts? | No | ||||||||
| Franchisees Allowed to Expand Within Territory? | No | ||||||||
| Support and Training | |||||||||
| International Franchise Association: | No | ||||||||
| Canadian Franchise Association: | No | ||||||||
| Franchisee Association/Member: | No | ||||||||
| Size of Corporate Staff: | 15 | ||||||||
| Site Selection Assistance? | Yes | ||||||||
| Lease Negotiation Assistance? | Yes | ||||||||
| Financial Assistance? | No | ||||||||
| 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: | Not Applicable | ||||||||
| 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: | Not Applicable | ||||||||
| Training: | |||||||||
| 1. Headquarters | 4 Weeks | ||||||||
| Expansion Plans | |||||||||
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Submit an online form to receive information from Pepe's Mexican Restaurant.
|
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