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Taco John's International
808 W. 20th St.
Cheyenne, WY 82001


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Business Description

Mexican fast-food restaurant franchisor.

Franchisor Background

Year Established:  1969

Franchising Since:  1969

Operating Units:

Franchised Units:

410

97.6%
Company-Owned Units:102.4%
 
Total Operating Units:
420
100.0%
 
Geographic Distribution:
U.S.:420100%In 26 States
Canada:00%In 0 Canadian Provinces
International:00%In 0 Foreign Countries
 
Total:
420
100.0%
 
 
North America:
States/Provinces with the largest number of operating units:
DensityUnits
1. Iowa61
2. Minnesota71
3. South Dakota39

Registered in Following Registration States: California, Florida, Hawaii, Illinois, Indiana, Maryland, Michigan, Minnesota, New York, North Dakota, Oregon, Rhode Island, South Dakota, Virginia, Washington, Wisconsin, Alberta

Financial Requirements

Investment:
Minimum Net Worth: $400K
Cash Investment:$150K
Total Investment:$550-979K
Average Total Investment:$764K
 
Fees:
Initial Franchise Fee:$25K
Average Franchise Fee:$25K
On-Going Royalty:4%
Average Royalty:4%
Advertising Fee:3.5%
 
Average Number of Employees: 15-25 Full-time, 0 Part-time

Space Needs (in square footage): 1,200-2,300

Preferred Sites: Free-standing Building, Strip Center, Regional Mall

Other Sites:

Encourage Conversions? Yes

Earnings Claims Provided?: No

Franchisee Qualifications
 
Ranked from 1 (unimportant) to 5 (important):
Financial Net Worth:4
General Business Experience:5
Specific Industry Experience:3
Formal Education:3
Psychological Profile:1
Personal Interview(s):5
 
Terms of Contract
 
Term of Initial Contract:20 Year(s)
Term of Renewal Period:10 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?Yes
 
Support and Training
 
International Franchise Association:No
Canadian Franchise Association:No
Franchisee Association/Member:Yes, Member
Size of Corporate Staff: 60
Site Selection Assistance?No
Lease Negotiation Assistance?Yes
Financial Assistance?No
 
Marketing Support:
Co-Op Advertising:Yes
National Advertising:No
Regional Advertising:No
Local Advertising:No
Marketing Materials:None Specified
Additional Services:Grand Opening
Other Marketing Support:None Specified
 
On-Going Support:
Central Data Processing:Not Applicable
Central Purchasing:Not Applicable
Field Operation Evaluation:Included in Fees
Field Training:Included in Fees
Initial Store Opening:Included in Fees
Inventory Control:Not Applicable
Franchisee Newsletter:Included in Fees
Regional or National Meetings:Included in Fees
800 Telephone Hotline:Included in Fees
 
Training:
1. Cheyenne, Wyoming4 Weeks
 
Expansion Plans
 
Projected New Units Over Next 12 months: 28

U.S.:

Yes, Upper Midwest, Central US
Canada:No
Overseas:No
Submit an online form to receive information from Taco John's International.
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