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- 2023 Franchise 500 Rank
#238 Ranked #335 last year
- Initial investment
$316K - $672K
- Units as of 2022
86 186.7% over 3 years
Here’s what you need to know if you’re interested in opening a Bubbakoo's Burritos franchise.
Bubbakoo's Burritos is a burrito chain that started in New Jersey, in 2008. The franchise aims to offer employees more than just employment. Instead, they strive to offer a community where people can work, eat, and come together as a family. Bubbakoo’s Burritos wishes to be customer-service-focused and engage with its local communities.
Bubbakoo's Burritos prides itself on offering fresh, high-quality, affordable food to kids, families, and seniors with a skater-shore atmosphere. Like other food customization setups, the restaurant offers several customizable food items: burritos, taco bowls, tacos, quesadillas, and nachos. They also serve their signature dish, The Chiwowa, a panko-fried rice ball covered in nacho cheese and other toppings.
Between these entree choices and several side options, customers may have a hard time leaving the restaurant hungry.
Why You May Want to Start a Bubbakoo's Burritos Franchise
Bubbakoo's Burritos has been ranked in Entrepreneur's Franchise 500 several times in recent years. This ranking is based on an evaluation of more than 150 data points in the areas of costs and fees, size and growth, franchisee support, brand strength, and financial strength and stability.
The company is deeply connected to its skater-shore roots and has designed its restaurant to reflect this history. Though the restaurant accepts everyone from any background, it would seem that a franchisee who also shares these roots would find the concept the most exciting. However, being a skater from the Jersey Shore is not a requirement for franchisees.
Bubbakoo's Burritos values exceptional customer service, passion, a drive for perfection, and integrity. Therefore, it might be best that a franchisee is service-forward, honest, and driven above all else. It might also help to have prior restaurant and/or management experience.
What Might Make a Bubbakoo's Burritos Franchise a Good Choice?
Bubbakoo's Burritos looks to create something different with high-quality ingredients and its skater-shore identity. However, the company may stand out in the industry more for its ability to convert existing spaces than what it serves. The company allows for a co-tenant location, which might include hospitals, grocery stores, retail anchors, and other prominent shopping centers.
The brand's accessibility through first and third-party delivery channels may also be unique in appealing to a younger generation. Franchisees might expect to coordinate these deliveries, as well as catering requests, and uphold exceptional customer service and food standards.
How To Open a Bubbakoo's Burritos Franchise
To be part of the Bubbakoo's Burritos team, you should make sure you're financially ready for an initial investment made up of a franchise fee and other startup costs. In addition, you should prepare yourself for ongoing fees that will include advertising, royalty, and potential renewal fees. Franchisees will also need to meet the company's set net worth and liquid capital requirements.
Before making any financial commitment or signing an agreement, you must perform your due diligence and establish if this is the right opportunity for you. As part of your due diligence, you may want to speak to existing franchisees and ask the Bubbakoo's Burritos franchising team questions.
You should also research the brand and your local area to see if the franchise would do well in your community. While competition is healthy, too much of it may not allow for the most possible growth.
About Bubbakoo's Burritos
- Franchising Since
- 2015 (8 years)
- # of employees at HQ
- Where seeking
This company is offering new franchisees throughout the US.
- # of Units
- 86 (as of 2022)
Information for Franchisees
Here’s what you need to know if you’re interested in opening a Bubbakoo's Burritos franchise.
Financial Requirements & Ongoing Fees
Here’s what you can expect to spend to start the business and what ongoing fees the franchisor charges throughout the life of the business.
- Initial Franchise Fee
Definition: The initial fee paid to a franchisor to join their system
What you need to know: Found in Item 5 of the FDD, this may be a flat fee, or may vary based on territory size, experience, or other factors.The franchise fee is an up-front (one-time) cost that a new franchisee pays to the franchisor. This fee is usually due at the signing of the franchise agreement and covers the right to use the franchisor's trademarks, name, and related business systems.
- Initial Investment
- $316,000 - $672,000
Definition: The total amount necessary to begin operation of the franchise
What you need to know: The initial investment includes the franchise fee, along with other startup expenses such as real estate, equipment, supplies, business licenses, and working capital. This is outlined in a chart in Item 7 of the FDD, showing a range of possible costs from low to high.
- Net Worth Requirement
- $500,000 - $2,000,000
Definition: The minimum net worth you must have in order to qualify to become a franchisee of this company
What you need to know: Net worth is the value of a person's assets minus liabilities. Assets include cash, stocks, retirement accounts, and real estate. Liabilities include items like mortgages, car payments, and credit card debt.
- Cash Requirement
- $250,000 - $500,000
Definition: The minimum liquid capital you must have available in order to qualify to become a franchisee of this company.
- Veteran Incentives
- 15% off franchise fee
Definition: A discount or other incentive offered to military veterans who buy a franchise with this company.
- Royalty Fee
Definition: A ongoing fee paid to the franchisor on a regular basis.
What you need to know: Most franchisors require franchisees to pay an ongoing royalty fee, which is detailed in Item 6 of the FDD. This fee is typically a percentage of weekly or monthly gross sales, but may also be a flat weekly, monthly, or annual fee.
- Ad Royalty Fee
Definition: An going fee paid to the franchisor on a regular basis to support advertising or marketing efforts.
What you need to know: This may also be called advertising fee, marketing fee, brand fund fee, and more, but the basic purpose is the same-- to support promotion of the brand systemwide. As with the royalty fee, it is detailed in Item 6 of the FDD, and can be a percentage of weekly or monthly gross sales or a weekly, monthly, or annual fee.
- Term of Agreement
- 10 years
Definition: The length of time your franchise agreement will last.
What you need to know: Franchise terms are typically anywhere from 5 to 20 years in length, but are sometimes instead dependent on factors such as the term of your lease. Once your term is up, you may have the option to renew your agreement, typically for a smaller fee than the original franchise fee.
- Is franchise term renewable?
- In-House Financing
- Bubbakoo's Burritos offers in-house financing to cover the following: franchise fee, startup costs, equipment, inventory, payroll
- Third Party Financing
- Bubbakoo's Burritos has relationships with third-party sources which offer financing to cover the following: equipment, payroll
Training & Support Offered
Franchisors offer initial training programs and a variety of ongoing support options to help franchisees run their businesses.
- On-The-Job Training
- 220 hours
- Classroom Training
- 30 hours
- Ongoing Support
Purchasing Co-opsNewsletterMeetings & ConventionsGrand OpeningOnline SupportSecurity & Safety ProceduresLease NegotiationField OperationsSite SelectionFranchisee Intranet Platform
- Marketing Support
Co-op AdvertisingAd TemplatesNational MediaRegional AdvertisingSocial MediaSEOWebsite DevelopmentEmail MarketingLoyalty Program/App
Additional details about running this franchise.
- Is absentee ownership allowed?
Definition: Absentee ownership means that the franchisee does not actively work in the franchise business or manage day-to-day operations.
- Can this franchise be run from home/mobile unit?
Definition: The business can be run from your home and/or a vehicle, and it is not necessary to have a retail facility, office space, or warehouse.
- Can this franchise be run part time?
Definition: This business can be run by the owner on a part-time basis (less than 40 hours per week) and/or as a side business; it is not necessary for the business to be open/run full-time.
- Are exclusive territories available?
Definition: An exclusive territory is a fixed area in which you are given the right to operate and in which no other units of the same franchise may be opened.
What you need to know: Territory size may be based on factors such as radius, population size, zip codes, and more. Details can be found in Item 12 of the FDD.
Interested in ownership opportunities like Bubbakoo's Burritos? Request a free consultation with a Franchise Advisor now.
Franchise 500 Ranking History
Compare where Bubbakoo's Burritos landed on this year’s Franchise 500 Ranking versus previous years.
Curious to know where Bubbakoo's Burritos ranked on other franchise lists? Find out below.
Are you eager to see what else is out there? Browse franchises that are similar to Bubbakoo's Burritos.
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