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Franchise 500 2023
2023 Franchise 500 Rank
#377 Not ranked last year
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Initial investment
$2.5M - $4.3M
Units as of 2022
134 arrow down 8% over 3 years

Company Overview

About On the Border

Industry
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
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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
300 hours
Classroom Training
15 hours
Ongoing Support
Purchasing Co-ops
Newsletter
Meetings & Conventions
Grand Opening
Online Support
Security & Safety Procedures
Field Operations
Site Selection
Proprietary Software
Franchisee Intranet Platform
Marketing Support
Co-op Advertising
Ad Templates
National Media
Regional Advertising
Social Media
SEO
Website Development
Loyalty 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
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Franchise 500 Ranking History

Compare where On the Border landed on this year's Franchise 500 Ranking versus previous years.

Additional Rankings

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Disclaimer
The information on this page is not intended as an endorsement or recommendation of any particular franchise or business opportunity by Entrepreneur Media. Our listings and rankings are solely research tools you can use to compare opportunities. Entrepreneur stresses that you should always conduct your own independent investigation before investing in a franchise or business opportunity. That should include reviewing the company's legal documents, consulting with an attorney and an accountant, and talking to former and current franchisees/licensees/dealers.
Updated: December 12th, 2022