- Franchise 500 Rank
-
N/R Not ranked last year
- Initial investment
-
$375K - $1.4M
- Units as of 2018
-
38 2.7% over 3 years
Company Overview
About Jimboy's Tacos
Related Categories | Mexican Food |
---|---|
Founded | 1954 |
Parent Company | Jimboys North America |
Leadership | Bob Andersen, CEO |
Corporate Address |
80 Iron Point Cir., #105 Folsom, CA 95630 |
Social | Facebook, Twitter |
Business Overview
Franchising Since | 1965 (59 years) |
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# of employees at HQ | 16 |
# of Units | 38 (as of 2018) |
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Information for Franchisees
Here's what you need to know if you're interested in opening a Jimboy's Tacos 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 |
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Initial Investment
|
$375,000 - $1,379,000 |
Net Worth Requirement
|
$500,000 |
Cash Requirement
|
$200,000 |
Veteran Incentives
|
50% off franchise fee |
Royalty Fee
|
5% |
Ad Royalty Fee
|
3% |
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 | Jimboy's Tacos has relationships with third-party sources which offer financing to cover the following: franchise fee, startup costs, equipment, inventory, accounts receivable, payroll |
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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 | 55 hours |
---|---|
Classroom Training | 25 hours |
Ongoing Support |
Meetings & Conventions
Toll-Free Line
Grand Opening
Online Support
Security & Safety Procedures
Lease Negotiation
Field Operations
Site Selection
Proprietary Software
Franchisee Intranet Platform
|
Marketing Support |
Ad Templates
Regional Advertising
Social Media
SEO
Website Development
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 |
# of employees required to run | 18-25 |
Are exclusive territories available?
|
Yes |
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