Business Description

Our concept is targeted at people that normally could not afford the cost and expense that other franchises require. Our low overhead concept translates to more profit to the franchisee. We offer more flexibility. Fresh Tex-Mex food at "down to earth" prices!

Franchisor Background

Year Established:  1985

Franchising Since:  1999

Operating Units:
Franchised Units:	8	80%
Company-Owned Units:	2	20%
Total Operating Units:	10	100.0%
Geographic Distribution: U.S.: 9 90% In 9 States Canada: 1 10% In 0 Canadian Provinces International: 0 0% In 0 Foreign Countries   Total: 10 100.0%

North America:
States/Provinces with the largest number of operating units:

Density	Units
1. Missouri	3
2. Oklahoma	0
3. Texas	0

Registered in Following Registration States: Florida, Minnesota, Virginia, Wisconsin

Financial Requirements

Investment:
Minimum Net Worth:	$50-65K
Cash Investment:	$69K
Total Investment:	$132-170K
Average Total Investment:	$151K
Fees:
Initial Franchise Fee:	$33.5K
Average Franchise Fee:	$34K
On-Going Royalty:	0%
Average Royalty:	0%
Advertising Fee:	0%

Average Number of Employees: 8 Full-time, 2 Part-time

Space Needs (in square footage): 1,000+

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

Other Sites:

Encourage Conversions? Yes

Earnings Claims Provided?: Yes

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
Terms of Contract
Term of Initial Contract:	Unlimited Year(s)
Term of Renewal Period:	Year(s)
Passive Ownership:	Allowed
Area Development Agreements?	Yes, for 0 Year(s)
Sub-Franchising Contracts?	Yes
Franchisees Allowed to Expand Within Territory?	Yes
Support and Training
International Franchise Association:	No
Canadian Franchise Association:	No
Franchisee Association/Member:	No
Size of Corporate Staff:	4
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:	Not Applicable
Field Operation Evaluation:	Included in Fees
Field Training:	Included in Fees
Initial Store Opening:	Included in Fees
Inventory Control:	Included in Fees
Franchisee Newsletter:	Not Applicable
Regional or National Meetings:	Not Applicable
800 Telephone Hotline:	Not Applicable
Training:
1. Monett, MO	Unlimited Days
2. Franchisee's Location	10-20 Days
Expansion Plans
Projected New Units Over Next 12 months: 6 U.S.: Yes, All United States Canada: Yes, All Canada Overseas: Yes, All Countries	Request Franchisor Info   Submit an online form to receive information from Taco Palace.