
Cantina Laredo
Mexican restaurants- 2022 Franchise 500 Rank
-
N/R Not ranked last year
- Initial investment
-
$1.9M - $2.6M
- Units as of 2021
-
20 50% over 3 years
Company Overview
About Cantina Laredo
- Industry
- Food
- Related Categories
- Miscellaneous Full-Service Restaurants, Mexican Food, Food: Full-Service Restaurants, Mexican Restaurants
- Founded
- 1984
- Parent Company
- Consolidated Restaurant Operations
- Leadership
- Mike Flippo, President of Franchise Operations
Franchising Overview
- Franchising Since
- 2003 (19 years)
- # of employees at HQ
- 45
- Where seeking
-
This company is seeking new franchisees throughout the US.
This company is seeking new franchisees worldwide.
- # of Units
- 20 (as of 2021)
Franchisor Information
Information for Franchisees
Here’s what you need to know if you’re interested in opening a Cantina Laredo 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
- $50,000
- Initial Investment
- $1,860,000 - $2,565,000
- Net Worth Requirement
- $1,000,000
- Cash Requirement
- $250,000
- Veteran Incentives
- 10% off franchise fee
- Royalty Fee
- 5%
- Term of Agreement
- 15 years
- Is franchise term renewable?
- Yes
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
- 272 hours
- Classroom Training
- 60 hours
- Ongoing Support
-
Purchasing Co-opsNewsletterMeetings & ConventionsToll-Free LineGrand OpeningOnline SupportSecurity & Safety ProceduresLease NegotiationField OperationsSite SelectionProprietary SoftwareFranchisee Intranet Platform
- Marketing Support
-
Ad TemplatesSocial 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?
- Yes
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