- Franchise 500 Rank
-
N/R Not ranked last year
- Initial investment
-
$419K - $753K
- Units as of 2024
-
328 114.4% over 3 years
Company Overview
About Barrio Burrito Bar
Industry | Food |
---|---|
Related Categories | Mexican Food, Food: Quick Service |
Founded | 2005 |
Parent Company | BurritoBar USA Inc. |
Leadership | Alex Shtein, President |
Corporate Address |
1120 Finch Ave. W., #301 North York, ON M3J 3H7 |
Social | Facebook, Twitter, Instagram, TikTok |
Business Overview
Franchising Since | 2009 (15 years) |
---|---|
# of employees at HQ | 50 |
Where seeking |
This company is offering new franchises throughout the US. This company is offering new franchises worldwide. |
# of Units | 328 (as of 2024) |
|
Information for Franchisees
Here's what you need to know if you're interested in opening a Barrio Burrito Bar 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
|
$25,000 |
---|---|
Initial Investment
|
$418,620 - $753,200 |
Net Worth Requirement
|
$250,000 - $300,000 |
Cash Requirement
|
$125,000 - $150,000 |
Royalty Fee
|
6% |
Ad Royalty Fee
|
1.5% |
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.
Third Party Financing | Barrio Burrito Bar has relationships with third-party sources which offer financing to cover the following: franchise fee, startup costs, equipment, inventory, accounts receivable, 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 | 88 hours |
---|---|
Classroom Training | 32 hours |
Ongoing Support |
Meetings & Conventions
Toll-Free Line
Grand Opening
Security & Safety Procedures
Field Operations
Site Selection
Proprietary Software
|
Marketing Support |
Co-op Advertising
Ad Templates
Regional Advertising
Social Media
SEO
Email Marketing
Loyalty 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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