
On the Border
Mexican and Tex-Mex restaurants- 2023 Franchise 500 Rank
-
#377 Not ranked last year
- Initial investment
-
$2.5M - $4.3M
- Units as of 2022
-
134 8% over 3 years
Company Overview
About On the Border
- Industry
- Food
- Related Categories
- Mexican Restaurants, Miscellaneous Full-Service Restaurants, Food: Full-Service Restaurants, Mexican Food
- Founded
- 1982
- Parent Company
- OTB Acquisition LLC
- Leadership
- Tim Ward, CEO
- Corporate Address
-
2201 Royal Ln.
Irving, TX 75063
Business Overview
- Franchising Since
- 1996 (2023-1996 years)
- # of employees at HQ
- 4,518
- Where seeking
-
This company is offering new franchisees throughout the US.
This company is offering new franchisees in the following international regions: Africa, Australia/New Zealand, Middle East, Europe (Eastern), Europe (Western), Central America, Canada, South America, Mexico
- # of Units
- 134 (as of 2022)
Information for Franchisees
Here's what you need to know if you're interested in opening a On the Border 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 - $40,000
-
Initial Investment
Information Circle - $2,543,500 - $4,300,000
-
Net Worth Requirement
Information Circle - $3,000,000
-
Cash Requirement
Information Circle - $1,000,000
-
Royalty Fee
Information Circle - 4%
-
Ad Royalty Fee
Information Circle - 2%
-
Term of Agreement
Information Circle - 20 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
- 300 hours
- Classroom Training
- 15 hours
- Ongoing Support
-
Purchasing Co-opsNewsletterMeetings & ConventionsGrand OpeningOnline SupportSecurity & Safety ProceduresField OperationsSite SelectionProprietary SoftwareFranchisee Intranet Platform
- Marketing Support
-
Co-op AdvertisingAd TemplatesNational MediaRegional AdvertisingSocial MediaSEOWebsite DevelopmentLoyalty Program/App
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 - No
Interested in ownership opportunities like On the Border? Request a free consultation with a Franchise Advisor now.
Franchise 500 Ranking History
Compare where On the Border landed on this year's Franchise 500 Ranking versus previous years.
Additional Rankings
Curious to know where On the Border ranked on other franchise lists? Find out below.
Ranked #377 in 2023
Entrepreneur’s 44th annual Franchise 500® ranking shines a light on the unique challenges and changes that have shaped the franchise industry over the last year—and how franchisors have adapted and evolved to meet them.
Ranked #130 in 2023
If you're interested in an opportunity with international appeal, start your search with our ranking of the top franchises seeking to expand outside the U.S.
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