Start-Up Costs and Fees |
||
| Great Wraps | Panchero's Mexican Grill | |
| Investment | 159500 - 485500 | 404325 - 931000 |
| Franchise Fee | ||
| Royalty Fee | 5.50% | 5% |
| Advertising Fee | ||
| Year Founded | 1974 | 1992 |
| Year Franchised | 1983 | 1995 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Great Wraps | Panchero's Mexican Grill | |
| Experience | All you need is a willingness to follow our proven systems, good communication skills, and a passion for excellence - we'll teach you the rest. Existing liquid assets (CASH) of at least $100,000 and a net worth of $250,000. With that, you are then well-positioned to approach the Lender for the rest. | * 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 |
||
| Great Wraps | Panchero's Mexican Grill | |
| Franchise Fees | No | No |
| Start-up Costs | No | No |
| Equipment | No | No |
| Inventory | No | No |
| Receivables | No | No |
| Payroll | No | No |
Training & Support |
||
| Great Wraps | Panchero's Mexican Grill | |
| Training | Our two-week Training Program is extremely thorough and easy to follow. | |
| Support | Once you're open for business, we're sure that you'll find the Great Wraps a simple business to operate and our supports systems incredibly effective. | |
| Marketing | ||
| Operations | ||
Expansion Plans |
||
| Great Wraps | Panchero's Mexican Grill | |
| US Expansion | ||
| Canada Expansion | 0 | 0 |
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Great Wraps | |
| Panchero's Mexican Grill | |
| Franchise Fee | |
| Great Wraps | |
| Panchero's Mexican Grill | |
| Royalty Fee | |
| Great Wraps | 5.50% |
| Panchero's Mexican Grill | 5% |
| Advertising Fee | |
| Great Wraps | |
| Panchero's Mexican Grill | |
| Year Founded | |
| Great Wraps | 1974 |
| Panchero's Mexican Grill | 1992 |
| Year Franchised | |
| Great Wraps | 1983 |
| Panchero's Mexican Grill | 1995 |
| Term Of Agreement | |
| Great Wraps | 15 years |
| Panchero's Mexican Grill | 5 years |
| Renewal Fee | |
| Great Wraps | $5,000 |
| Panchero's Mexican Grill | |
Business Experience Requirements |
|
| Experience | |
| Great Wraps | All you need is a willingness to follow our proven systems, good communication skills, and a passion for excellence - we'll teach you the rest. Existing liquid assets (CASH) of at least $100,000 and a net worth of $250,000. With that, you are then well-positioned to approach the Lender for the rest. |
| 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 | |
| Great Wraps | No |
| Panchero's Mexican Grill | No |
| Start-up Costs | |
| Great Wraps | |
| Panchero's Mexican Grill | |
| Equipment | |
| Great Wraps} | |
| Panchero's Mexican Grill | |
| Inventory | |
| Great Wraps | |
| Panchero's Mexican Grill | |
| Receivables | |
| Great Wraps | |
| Panchero's Mexican Grill | |
| Payroll | |
| Great Wraps | |
| Panchero's Mexican Grill | |
Training & Support |
|
| Training | |
| Great Wraps | Our two-week Training Program is extremely thorough and easy to follow. |
| Panchero's Mexican Grill | |
| Support | |
| Great Wraps | Once you're open for business, we're sure that you'll find the Great Wraps a simple business to operate and our supports systems incredibly effective. |
| Panchero's Mexican Grill | |
| Marketing | |
| Great Wraps | |
| Panchero's Mexican Grill | |
| Operations | |
| Great Wraps | |
| Panchero's Mexican Grill | |
Expansion Plans |
|
| US Expansion | |
| Great Wraps | |
| Panchero's Mexican Grill | |
| Canada Expansion | |
| Great Wraps | 0 |
| Panchero's Mexican Grill | 0 |
| International Expansion | |
| Great Wraps | |
| Panchero's Mexican Grill | |