Barberitos Franchising Inc.

At a Glance

Products & Services: Quick-service Mexican restaurant

Number of Locations: 24

Total Investment: $109.8K - $544K

Founded: 2000

Began Franchising: 2002

Franchise Units

Year U.S. Canadian International Company Owned
2011 22 0 0 2
2010 22 0 0 0
Where Seeking Franchisees: Franchisor is seeking new franchise units in the following states:
Alabama, Florida, Georgia, Mississippi, North Carolina, South Carolina, Southeast, Tennessee.
Direct Capital

Startup Costs, Ongoing Fees and Financing

Total Investment: $109,800 - $544,025
Franchise Fee: $20,000
Ongoing Royalty Fee: 5%
Term of Franchise Agreement: 10 years, renewable
Financial Requirements
Liquid Cash Available: $500,000
Operations
15% of all franchisees own more than one unit. Number of employees needed to run franchised unit: 10. Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators).
Direct Capital
Financing Type In-House Third Party
Franchise Fee
Startup Costs
Equipment
Inventory
Accounts Receivable
Payroll

How This Franchise Supports Franchisees

Training: Available at headquarters: 4 weeks. At franchisee's location: 2 weeks.
Ongoing Support: Newsletter, Meetings, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives, Lease Negotiation
Marketing Support: Ad slicks, Regional advertising,

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