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Entrepreneur: Start & Grow Your Business

Qdoba Mexican Grill

Fast-casual Mexican food

Background

Founded: 1995 Franchising since: 1997
4865 Ward Rd., #500
Wheat Ridge, Colorado 80033
Phone:
(720)898-2300


Franchisor is a privately-held company with 50 employee(s); 3 employee(s) in franchise department.

Franchise Growth
Year U.S. Franchises Canadian Franchises Foreign Franchises Company Owned
2009 345 0 0 146
2008 334 0 0 135
2007 320 0 0 93
2006 263 0 0 70
2005 183 0 0 70

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
Outside the U.S.: Canada

Exclusive territories available.
Territory size: 5-20 unit territories

Costs and Fees

Total investment: $454K-738K
Franchise fee: $30K
Ongoing royalty fee: 5%
Term of agreement: 10 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

Qualifications
Net worth requirement: $2M
Cash liquidity requirement: $500K
Business Experience:
  • Industry experience
  • General business experience
  • Marketing skills
  • Real estate

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.

Training and Support

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

Rankings

Franchise 500® rank:
#94 (2009); #94 (2008); #87 (2007); #97 (2006); #130 (2005);

Fastest-Growing Franchises:
#76 (2009); #66 (2008); #68 (2007); #60 (2006); #91 (2005);