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Entrepreneur: Start & Grow Your Business

The Taco Maker/Jake's Over The Top

Mexican fast food/50's-style burgers, shakes & fries

Background

Founded: 1978 Franchising since: 1978
After gaining valuable experience in successfully developing a large franchise system, Gil L. Craig founded The Taco Maker Inc. in 1968. Based in Ogden, Utah, The Taco Maker franchise system has locations in the United States, Latin America, Western Europe, and the Far and Middle East. Franchise sites include traditional freestanding buildings and mall food courts as well as the Express program, which complements The Taco Maker's co-branding relationship with companies including Blimpie and selected service station chains.
P.O. Box 362888
San Juan, Puerto Rico 00936-2888
Phone:
(787)273-3160


Franchisor is a privately-held company with 25 employee(s); 4 employee(s) in franchise department.

Franchise Growth
Year U.S. Franchises Canadian Franchises Foreign Franchises Company Owned
2005 135 0 1 3

Where Seeking Franchisees
In the U.S. Alaska, Alabama, Arkansas, Arizona, California, Colorado, Connecticut, Delaware, Florida, Georgia, Hawaii, Iowa, Idaho, Illinois, Indiana, Kansas, Kentucky, Louisiana, Massachusetts, Maryland, Maine, Michigan, Minnesota, Missouri, Mississippi, Montana, Nebraska, North carolina, North dakota, New hampshire, New jersey, New mexico, Nevada, New york, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode island, South carolina, South dakota, Tennessee, Texas, Utah, Virginia, Vermont, Washington, Wisconsin, West virginia, Wyoming
Worldwide

Exclusive territories available.
Territory size: Varies

Costs and Fees

Total investment: $221K-400K
Franchise fee: $19K-29K
Ongoing royalty fee: 5%
Term of agreement: 15 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 Yes
Payroll No Yes

Third-party financing source(s): the SBA & private lending institutions

Qualifications
Net worth requirement: $500K
Cash liquidity requirement: $100K
Business Experience:
  • Industry experience
  • General business experience

Operations
  • 30% of all franchisees own more than one unit
  • Number of employees needed to run franchised unit: 35
  • Absentee ownership of franchise is NOT allowed. (90% of current franchisees are owner/operators)

Training and Support

Training
  • Available at headquarters: 1 month

Ongoing Support
  • Newsletter
  • Toll-free phone line
  • Grand opening
  • Field operations/evaluations
  • Purchasing cooperatives

Marketing Support
  • Co-op advertising
  • National media

Rankings

Franchise 500® rank:
#287 (2006); #392 (2005);