Taco John's Int'l. Inc.

At a Glance

Products & Services: Mexican food

Number of Locations: 416

Total Investment: $336K - $1.1M

Founded: 1968

Began Franchising: 1969

About Taco John's Int'l. Inc.

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.

Franchise Units

Year U.S. Canadian International Company Owned
2011 407 0 0 9
Where Seeking Franchisees: Franchisor is seeking new franchise units in the following states:
Colorado, Iowa, Idaho, Illinois, Kansas, Kentucky, Minnesota, Missouri, Montana, Midwest, Nebraska, North Dakota, Northeast, South Dakota, West, Washington, Wisconsin, Wyoming.

Startup Costs, Ongoing Fees and Financing

Total Investment: $336,000 - $1,081,000
Franchise Fee: $25,000
Ongoing Royalty Fee: 4%
Term of Franchise Agreement: 20 years, renewable
Financial Requirements
Net Worth: $400,000
Liquid Cash Available: $150,000
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).
Financing Type In-House Third Party
Franchise Fee
Startup Costs
Equipment
Inventory
Accounts Receivable
Payroll

How This Franchise Supports Franchisees

Training: Available at headquarters: 4-5 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,

Franchise Ranking History

Franchise 500®: #162 (2012),