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Qdoba Mexican Grill

2012 Franchise 500
#90
At a Glance

Products & Services: Fast-casual Mexican food

Number of Locations: 568

Total Investment: $454K - 738K

Founded: 1995

Began Franchising: 1997

Public Owned JACK

Franchise Units

Year U.S. Canadian International Company Owned
2011 329 0 0 239
2010 331 0 0 182
2009 345 0 0 146
2008 334 0 0 135
Where Seeking Franchisees: Franchisor is seeking new franchise units in the following states:
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, Midwest, Nebraska, North Carolina, North Dakota, Northeast, New Hampshire, New Jersey, New Mexico, Nevada, New York, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode Island, South, South Carolina, South Dakota, Southeast, Southwest, Tennessee, Texas, Utah, Virginia, Vermont, West, Washington, Wisconsin, West Virginia, Wyoming.
Franchisor is seeking new units in Canada.

Startup Costs, Ongoing Fees and Financing

Total Investment: $454,000 - $738,000
Franchise Fee: $30,000
Ongoing Royalty Fee: 5%
Term of Franchise Agreement: 10 years, renewable
Financial Requirements
Net Worth: $2,000,000
Liquid Cash Available: $500,000
Operations
90% of all franchisees own more than one unit. Number of employees needed to run franchised unit: 15. Absentee ownership of franchise is allowed..
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 weeks.
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,
Other marketing support: Local store marketing

Franchise Ranking History

Franchise 500®: #90 (2012), #95 (2011), #102 (2010), #94 (2009), #94 (2008),
Fastest-Growing: #76 (2009), #66 (2008),
America's Top Global: #77 (2012), #80 (2011), #84 (2010),