Taco John's Int'l. Inc.
Mexican foodBackground
Founded: 1968 Franchising since: 1969
The story of Taco John's sounds more like a legend than the history of a business. In Cheyenne, Wyoming, a man named Juan opened a tiny taco house, serving uniquely seasoned and generously sized tacos and burritos. An immediate hit with the locals, the taco house was quickly purchased by local businessmen Harold Holmes and Jim Woodson in 1969. Renamed Taco John's, it began selling franchises right away and now has restaurants across America. The privately held company is still based in Cheyenne.
Franchisor is a privately-held company with 60 employee(s); 2 employee(s) in franchise department.
Franchise Growth
Where Seeking Franchisees
Exclusive territories available.
Territory size: 20,000 population
The story of Taco John's sounds more like a legend than the history of a business. In Cheyenne, Wyoming, a man named Juan opened a tiny taco house, serving uniquely seasoned and generously sized tacos and burritos. An immediate hit with the locals, the taco house was quickly purchased by local businessmen Harold Holmes and Jim Woodson in 1969. Renamed Taco John's, it began selling franchises right away and now has restaurants across America. The privately held company is still based in Cheyenne.
|
808 W. 20th St. Cheyenne, Wyoming 82003 |
Phone: (800)854-0819
Franchisee Association
Association of Taco John's Franchisees Inc. |
Franchisor is a privately-held company with 60 employee(s); 2 employee(s) in franchise department.
Franchise Growth
| Year | U.S. Franchises | Canadian Franchises | Foreign Franchises | Company Owned |
| 2008 | 409 | 0 | 0 | 9 |
| 2007 | 419 | 0 | 0 | 10 |
| 2006 | 410 | 0 | 0 | 10 |
| 2005 | -- | -- | -- | -- |
Where Seeking Franchisees
Exclusive territories available.
Territory size: 20,000 population
Costs and Fees
|
Total investment: $627K-1.1M+ Franchise fee: $25K |
Ongoing royalty fee: 4% Term of agreement: 20 years, renewable |
Type of Financing Available
| In-House | Third Party | |
| Franchise Fee | No | Yes |
| Startup Costs | No | Yes |
| Equipment | No | Yes |
| Inventory | No | Yes |
| Accounts Receivable | No | No |
| Payroll | No | No |
Third-party financing source(s): GE Capital
Qualifications
Net worth requirement: $400K
Cash liquidity requirement: $150K
Business Experience:
- Industry experience
- General business experience
Operations
- 37% of all franchisees own more than one unit
- Number of employees needed to run franchised unit: 15
- Absentee ownership of franchise is allowed. (75% of current franchisees are owner/operators)
Training and Support
Training
Ongoing Support
Marketing Support
- Available at headquarters: 4-5 weeks
- At franchisee's location: 1 week
Ongoing Support
- Newsletter
- Meetings
- Toll-free phone line
- Grand opening
- Internet
- Security/safety procedures
- Field operations/evaluations
- Purchasing cooperatives
Marketing Support
- Co-op advertising
- Ad slicks