Start-Up Costs and Fees |
||
| Diamond Dave's Mexican Restaurants | Panchero's Mexican Grill | |
| Investment | 189000 - 325000 | 404325 - 931000 |
| Franchise Fee | ||
| Royalty Fee | 4% | 5% |
| Advertising Fee | ||
| Year Founded | 1979 | 1992 |
| Year Franchised | 1980 | 1995 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Diamond Dave's Mexican Restaurants | Panchero's Mexican Grill | |
| Experience | General business experience | * First and foremost, do you LOVE burritos? Like, really, really love them? In the platonic, brother/sister sort of way. * Do you have previous experience operating a restaurant? If you do, it's a plus. If you don't, that's perfectly okay too. * Do you like the sound of working with Pancheros to devise a market development plan? And then bringing that plan to living, breathing, burrito-moving life? * Do you have knowledge of the market in which you'll be operating? Wikipedia knowledge doesn't count. * Are you qualified financially? That is to say, do you have a net worth of $750,000? And is $250,000 of that liquid? |
Financing Options |
||
| Diamond Dave's Mexican Restaurants | Panchero's Mexican Grill | |
| Franchise Fees | Yes | No |
| Start-up Costs | Yes | No |
| Equipment | Yes | No |
| Inventory | Yes | No |
| Receivables | Yes | No |
| Payroll | Yes | No |
Training & Support |
||
| Diamond Dave's Mexican Restaurants | Panchero's Mexican Grill | |
| Training | ||
| Support | Newsletter, Meetings, Grand opening, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives | |
| Marketing | Ad slicks | |
| Operations | 20% of all franchisees own more than one unit Number of employees needed to run franchised unit: 20 Absentee ownership of franchise is allowed. (80% of current franchisees are owner/operators) | |
Expansion Plans |
||
| Diamond Dave's Mexican Restaurants | Panchero's Mexican Grill | |
| US Expansion | Mid West, | |
| Canada Expansion | 0 | 0 |
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Diamond Dave's Mexican Restaurants | |
| Panchero's Mexican Grill | |
| Franchise Fee | |
| Diamond Dave's Mexican Restaurants | |
| Panchero's Mexican Grill | |
| Royalty Fee | |
| Diamond Dave's Mexican Restaurants | 4% |
| Panchero's Mexican Grill | 5% |
| Advertising Fee | |
| Diamond Dave's Mexican Restaurants | |
| Panchero's Mexican Grill | |
| Year Founded | |
| Diamond Dave's Mexican Restaurants | 1979 |
| Panchero's Mexican Grill | 1992 |
| Year Franchised | |
| Diamond Dave's Mexican Restaurants | 1980 |
| Panchero's Mexican Grill | 1995 |
| Term Of Agreement | |
| Diamond Dave's Mexican Restaurants | 10 years+ |
| Panchero's Mexican Grill | 5 years |
| Renewal Fee | |
| Diamond Dave's Mexican Restaurants | |
| Panchero's Mexican Grill | |
Business Experience Requirements |
|
| Experience | |
| Diamond Dave's Mexican Restaurants | General business experience |
| Panchero's Mexican Grill | * First and foremost, do you LOVE burritos? Like, really, really love them? In the platonic, brother/sister sort of way. * Do you have previous experience operating a restaurant? If you do, it's a plus. If you don't, that's perfectly okay too. * Do you like the sound of working with Pancheros to devise a market development plan? And then bringing that plan to living, breathing, burrito-moving life? * Do you have knowledge of the market in which you'll be operating? Wikipedia knowledge doesn't count. * Are you qualified financially? That is to say, do you have a net worth of $750,000? And is $250,000 of that liquid? |
Financing Options |
|
| Franchise Fees | |
| Diamond Dave's Mexican Restaurants | Yes |
| Panchero's Mexican Grill | Yes |
| Start-up Costs | |
| Diamond Dave's Mexican Restaurants | |
| Panchero's Mexican Grill | |
| Equipment | |
| Diamond Dave's Mexican Restaurants} | |
| Panchero's Mexican Grill | |
| Inventory | |
| Diamond Dave's Mexican Restaurants | |
| Panchero's Mexican Grill | |
| Receivables | |
| Diamond Dave's Mexican Restaurants | |
| Panchero's Mexican Grill | |
| Payroll | |
| Diamond Dave's Mexican Restaurants | |
| Panchero's Mexican Grill | |
Training & Support |
|
| Training | |
| Diamond Dave's Mexican Restaurants | |
| Panchero's Mexican Grill | |
| Support | |
| Diamond Dave's Mexican Restaurants | Newsletter, Meetings, Grand opening, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives |
| Panchero's Mexican Grill | |
| Marketing | |
| Diamond Dave's Mexican Restaurants | Ad slicks |
| Panchero's Mexican Grill | |
| Operations | |
| Diamond Dave's Mexican Restaurants | 20% of all franchisees own more than one unit Number of employees needed to run franchised unit: 20 Absentee ownership of franchise is allowed. (80% of current franchisees are owner/operators) |
| Panchero's Mexican Grill | |
Expansion Plans |
|
| US Expansion | |
| Diamond Dave's Mexican Restaurants | Mid West, |
| Panchero's Mexican Grill | |
| Canada Expansion | |
| Diamond Dave's Mexican Restaurants | 0 |
| Panchero's Mexican Grill | 0 |
| International Expansion | |
| Diamond Dave's Mexican Restaurants | |
| Panchero's Mexican Grill | |