Diamond Dave's Mexican Restaurants Franchise

Full-service Mexican restaurant

NO LONGER FRANCHISING: If this is a mistake please contact our Franchise Support for update.
Native Texan Warren David Cohen founded Diamond Dave's Mexican Restaurants in 1979. Wanting to share the Tex-Mex cuisine of his childhood with families in the Midwest, Cohen created the restaurant chain that by 2000 had more than 30 locations. Diamond Dave's restaurants serve Mexican favorites like quesadillas, tacos and chimichangas as well as salads, hamburgers and sirloin steak.

ABC INC

ABC-CO - NASDAQ

$129.55 USD
+0.25 (+0.20%)
$129.55
$129.55


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Please Note: The operators of Diamond Dave's Mexican Restaurants, may not have verified the accuracy of the Franchise information contained within this website. For accurate up-to-date information, investors are strongly recommended to visit the official Diamond Dave's Mexican Restaurants website.

How much does it cost to open a Diamond Dave's Mexican Restaurants Franchise ?

The investment required to open a Diamond Dave's Mexican Restaurants Franchise is between $189,000 - $325,000 . There is an initial franchise fee of $15,000 which grants you the license to run a business under the Diamond Dave's Mexican Restaurants name.

Individual Franchise Costs

  • Initial Investment:
    $189,000 -
  • Initial Franchise Fee:
    $15,000
  • Royalty Fee:
    4%
  • Term of Agreement:
    10 years+

Expense In-House Third Party
Franchise Fee Yes No
Startup Costs Yes No
Equipment Yes No
Inventory Yes No
Accounts Receivable Yes Yes
Payroll Yes Yes

Third Party Financing Source(s):
various sources

Support
Newsletter, Meetings, Grand opening, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives

Marketing
Ad slicks

Diamond Dave's Mexican Restaurants Growth History

When did the first Diamond Dave's Mexican Restaurants open? 1979
When did Diamond Dave's Mexican Restaurants start Franchising ? 1980

Year U.S.A. Canada International Corporate
2000 0 0 0 0
1999 29 0 0 2
1998 32 0 0 2
1997 34 0 0 2
1996 30 0 0 5

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)

General business experience

Mid West,



How much money you could make as a Diamond Dave's Mexican Restaurants Franchise owner depends on a wide variety of factors. As a business owner, your primary goals are to strive for high sales while keeping your oper_ating costs as low as possible while still maintaining quality products and service. The monthly oper_ating costs that you will incur as a Diamond Dave's Mexican Restaurants Franchise owner may include royalty fees, rent or mortgage, staffing, products, supplies, utilities, administrative costs and other things. Although your monthly oper_ating costs may vary from month to month, your start up costs are typically fixed and they will cover the majority of your initial oper_ating equipment, signage, and renovations.

Initial Investment
$15,000 - $325,000
Initial Franchise Fee
$15,000
Royalty Fee
4%
Term of Agreement
10 years+
Diamond Dave's Mexican Restaurants Franchise Opportunity viewed times by investors.
 

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