Pepe's Mexican Restaurants

Mexican restaurants
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Franchise 500 2023
Franchise 500 Rank
N/R Not ranked last year
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Initial investment
$207K - $652K
Units as of 2017
45 Decrease 6% over 3 years

Company Overview

Pepe’s concept began in 1954 as a taqueria in Chicago. Pepe’s Incorporated has been franchising Pepe’s Mexican Restaurants since 1967. Pepe’s prepares and serves a full menu of Mexican food items for dining-in or carryout. It also operates a 57,000 square foot U.S. commissary where it produces food products for its franchised restaurants and its branded product program. The branded product program sells food products to schools, factories, and office cafeterias, as well as the U.S. Military for use at military bases in the United States and abroad.

About Pepe's Mexican Restaurants

Industry Food
Related Categories Miscellaneous Full-Service Restaurants, Mexican Restaurants
Founded 1967
Parent Company Pepe's Inc.
Leadership Robert Ptak, CEO
Corporate Address 1325 W. 15th St.
Chicago, IL 60608

Business Overview

Franchising Since 1967 (57 years)
# of employees at HQ 8
Where seeking

This company is offering new franchises throughout the US.

# of Units 45 (as of 2017)

Information for Franchisees

Here's what you need to know if you're interested in opening a Pepe's Mexican Restaurants franchise.

Financial Requirements & Ongoing Fees

Here's what you can expect to spend to start the business and what ongoing fees the franchisor charges throughout the life of the business.

Initial Franchise Fee Information Circle
$10,000 - $15,000
Initial Investment Information Circle
$207,000 - $652,000
Royalty Fee Information Circle
4%
Ad Royalty Fee Information Circle
3-4%
Term of Agreement Information Circle
20 years
Is franchise term renewable? Yes
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Training & Support Offered

Franchisors offer initial training programs and a variety of ongoing support options to help franchisees run their businesses.

On-The-Job Training 80 hours
Ongoing Support
Purchasing Co-ops
Newsletter
Meetings & Conventions
Grand Opening
Security & Safety Procedures
Lease Negotiation
Field Operations
Site Selection
Marketing Support
Co-op Advertising
Ad Templates
Regional Advertising
Social Media
Website Development
Email Marketing
Loyalty Program/App

Operations

Additional details about running this franchise.

Is absentee ownership allowed? No
Can this franchise be run from home/mobile unit? Information Circle
No
Can this franchise be run part time? Information Circle
No
# of employees required to run 10
Are exclusive territories available? Information Circle
No
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Disclaimer
The information on this page is not intended as an endorsement or recommendation of any particular franchise or business opportunity by Entrepreneur Media. Our listings and rankings are solely research tools you can use to compare opportunities. Entrepreneur stresses that you should always conduct your own independent investigation before investing in a franchise or business opportunity. That should include reviewing the company's legal documents, consulting with an attorney and an accountant, and talking to former and current franchisees/licensees/dealers.
Updated: December 12th, 2022