At a Glance
Products & Services: Mexican/American food
Number of Locations: 547
Total Investment: $897.7K - $1.8M
Began Franchising: 1967
About Del Taco LLCEd Hackbarth opened the first Del Taco restaurant in Barstow, California, in 1964. A few months later, he added a second restaurant with a drive-thru window in Corona, California. Locations eventually spread across California and many parts of the United States.
Del Taco restaurants offer items including a value menu of tacos, burritos and nachos priced under $1, a Macho menu of large burritos, nachos and drinks, and an American menu featuring hamburgers, fries and shakes.
California, Colorado, Iowa, Illinois, Indiana, Kansas, Kentucky, Michigan, Minnesota, Missouri, Midwest, Nebraska, New Mexico, Ohio, South, Southeast, Southwest, West, Washington, Wisconsin, Wyoming.
Startup Costs, Ongoing Fees and Financing
Franchise Fee: $35,000
Ongoing Royalty Fee: 5%
Term of Franchise Agreement: 20 years, renewable
Veteran Incentives: 50% of franchise fee; reduced royalty fee for two years
Financial RequirementsNet Worth: $1,000,000
Liquid Cash Available: $500,000
Operations40% of all franchisees own more than one unit. Number of employees needed to run franchised unit: 50. Absentee ownership of franchise is NOT allowed. (35% of current franchisees are owner/operators).
|Financing Type||In-House||Third Party|
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