Chino-Mex
Mexican food and Chinese food- 2023 Franchise 500 Rank
-
N/R Not ranked last year
- Initial investment
-
$171K - $411K
- Units as of 2022
-
1 0.0% over 3 years
Company Overview
About Chino-Mex
- Industry
- Food
- Related Categories
- Asian Food, Mexican Food
- Founded
- 2019
- Leadership
- Erika Castillo, CEO
- Corporate Address
-
5819 S. Central Ave.
Phoenix, AZ 85040
Business Overview
- Franchising Since
- 2021 (2023-2021 years)
- # of employees at HQ
- 10
- Where seeking
-
This company is offering new franchisees throughout the US.
This company is offering new franchisees worldwide.
- # of Units
- 1 (as of 2022)
Information for Franchisees
Here's what you need to know if you're interested in opening a Chino-Mex 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
Information Circle - $25,000
-
Initial Investment
Information Circle - $170,700 - $410,500
-
Net Worth Requirement
Information Circle - $25,000
-
Cash Requirement
Information Circle - $25,000
-
Royalty Fee
Information Circle - 4.5%
-
Ad Royalty Fee
Information Circle - 1%
-
Term of Agreement
Information Circle - 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
- Chino-Mex 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
- 56 hours
- Classroom Training
- 16 hours
- Ongoing Support
-
Grand OpeningSite Selection
- Marketing Support
-
Social Media
Operations
Additional details about running this franchise.
- Is absentee ownership allowed?
- No
-
Can this franchise be run from home/mobile unit?
Information Circle - No
-
Can this franchise be run part time?
Information Circle - No
-
Are exclusive territories available?
Information Circle - Yes
Interested in ownership opportunities like Chino-Mex? Request a free consultation with a Franchise Advisor now.
Franchise 500 Ranking History
Compare where Chino-Mex landed on this year's Franchise 500 Ranking versus previous years.
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