Chronic Tacos Enterprises Inc.

At a Glance

Products & Services: Mexican food

Number of Locations: 28

Total Investment: $319K - $534K

Founded: 2002

Began Franchising: 2006

Franchise Units

Year U.S. Canadian International Company Owned
2013 23 4 0 1
2012 28 6 0 1
2011 29 4 0 3
2010 29 1 0 2
Where Seeking Franchisees: Franchisor is seeking new franchise units in the following states:
Southwest, West.
Franchisor is seeking new units in Canada.
Direct Capital

Startup Costs, Ongoing Fees and Financing

Total Investment: $319,000 - $534,000
Franchise Fee: $50,000
Ongoing Royalty Fee: 6%
Term of Franchise Agreement: Term of agreement renewable
Veteran Incentives: $10,000 off franchise fee, $5,000 rebate on grand-opening marketing
Financial Requirements
Net Worth: $250,000
Liquid Cash Available: $100,000
Operations
30% of all franchisees own more than one unit. Number of employees needed to run franchised unit: 12. Absentee ownership of franchise is NOT allowed. (90% 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: At franchisee's location: 2-4 weeks. At training location : 6-8 weeks.
Ongoing Support: Newsletter, Meetings, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives, Lease Negotiation
Marketing Support: Co-op advertising, Ad slicks, Regional advertising,

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