Bubbakoo's Burritos
Mexican food
- 2022 Franchise 500 Rank
-
#335 Ranked #280 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.
Company Overview
About Bubbakoo's Burritos
- Industry
- Food
- Related Categories
- Mexican Food
- Founded
- 2008
- Parent Company
- Bubbakoo’s Franchise Systems LLC
- Leadership
- Paul Altero, Cofounder
Franchising Overview
- Franchising Since
- 2015 (7 years)
- # of employees at HQ
- 15
- Where seeking
-
This company is seeking new franchisees throughout the US.
- # of Units
- 86 (as of 2022)
Franchisor Information
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
- $35,000
- Initial Investment
- $316,000 - $672,000
- Net Worth Requirement
- $500,000 - $2,000,000
- Cash Requirement
- $250,000 - $500,000
- Veteran Incentives
- 15% off franchise fee
- Royalty Fee
- 6%
- Ad Royalty Fee
- 2%
- Term of Agreement
- 10 years
- Is franchise term renewable?
- Yes
Financing Options
Some franchisors offer in-house financing, while others have relationships with third-party financing sources to which they refer qualified franchisees.
- 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
Operations
Additional details about running this franchise.
- Is absentee ownership allowed?
- No
- Can this franchise be run from home/mobile unit?
- No
- Can this franchise be run part time?
- No
- Are exclusive territories available?
- No
Interested in franchise ownership 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.
Additional Rankings
Curious to know where Bubbakoo's Burritos ranked on other franchise lists? Find out below.
Want to stay updated on the latest franchise news?
Never miss a beat when you sign up to receive our newsletter.
We care about the protection of your data. Read our Privacy Policy
Related Franchises
Are you eager to see what else is out there? Browse more franchises that are similar to Bubbakoo's Burritos.
Related Franchise Content
Catch up on the latest franchise news, trends, and more.
How to Start a Blue Moon Estate Sales Franchise in 2023
Looking for information about how to open a Blue Moon Estate Sales franchise? Here's what you need to know.
Use This Checklist to Avoid Buying a 'Zombie' Franchise
Here are 20 questions that will save you time and money. There are great franchise options out there, but you must do your due diligence.
The Hottest Franchise Trends for 2023
Looking for a business to buy in 2023? We predict which franchise categories will thrive, and list top brands available in each.
Thinking of Buying a Franchise? These Four Industries Are Flaming Hot Right Now
Turns out eating breakfast, working out, riding a rollercoaster and getting a job have something in common.
Want to Find New Franchisees? Here Are 4 Ways to Fix Your Online Marketing.
With a smarter strategy, your next recruit is clicks away.
Turning a Franchise Business Into a Nonprofit? Here's How It's Done.
Challenge Island recently helped a franchisee in New Mexico transform her location into a nonprofit. Here, she explains why she made the decision, and how it works.
