- 2023 Franchise 500 Rank
N/R Not ranked last year
- Initial investment
$244K - $416K
- Units as of 2022
172 38.7% over 3 years
The demand for healthier casual food options and the popularity of Mexican flavors have inspired many businesses to take on the fast-casual Mexican food industry. In Canada, Quesada Burritos & Tacos is one of the top-performing restaurants that fit the profile.
Quesada Burritos & Tacos was founded in Toronto, Ontario, in 2003 by software developer Steve Gill. The company has been franchising since 2010 and is currently looking for new franchisees worldwide. Since beginning to franchise in 2010, Quesada Burritos & tacos has opened over 140 franchises in Canada.
Quesada Burritos & Tacos sells multiple types of Mexican food, such as quesadillas, burritos, tacos, and a wide variety of salads. The company also provides a catering service with different platters.
Why You May Want To Start a Quesada Burritos & Tacos Franchise
Quesada Burritos & Tacos franchisees don't necessarily need previous experience in the restaurant and catering service field. However, they should be personable and ready to serve in the restaurant industry. Quesada Burritos & Tacos believes in integrity, teamwork, and mutual respect. A franchisee should be able to demonstrate that they share these values.
Owning a restaurant may also demand a lot of organization, attention to detail, and a good customer service experience. A franchisee should have business management experience and be ready to get involved.
Quesada Burritos & Tacos may have an extensive presence in Canada. There, it operates many standalone restaurants to go along with several locations on university campuses.
What Might Make a Quesada Burritos & Tacos Franchise a Good Choice?
Opening a Quesada Burritos & Tacos franchise may offer more possible growth than if you were to open an entirely new brand. According to the company, around 50% of its franchisees own multiple locations.
To be part of the Quesada Burritos & Tacos team, you should make sure you're financially ready for an initial investment made up of a franchise fee and other startup costs. In addition, you should prepare yourself for ongoing fees that will include advertising, royalty, and potential renewal fees. Franchisees will also need to meet the company's set net worth and liquid capital requirements.
How To Open a Quesada Burritos & Tacos Franchise
Before making any financial commitment or signing an agreement, you may want to speak to existing franchisees and ask the Quesada Burritos & Tacos franchising team questions.
The Quesada Burritos & Taco franchise team will typically work with you to find and secure a location. Still, you should be aware of your potential competition and challenges in your market before moving on with Quesada Burritos & Tacos.
If you are awarded a franchise, you'll have to undergo training while planning to open your location. Quesada Burritos & Tacos offers their new franchisees many hours of both on-the-job training and classroom training. They may offer additional training twice annually to go along with ongoing support that includes field operations, online support, proprietary software, and more.
It may be a good idea to speak with an attorney or financial advisor to ensure that you have the necessary financial resources to own and operate a Quesada Burritos & Tacos franchise.
About Quesada Burritos & Tacos
- Related Categories
- Mexican Food
- Parent Company
- Quesada Frachising of Canada Corp.
- Steve Gill, President & CEO
- Corporate Address
1240 Bay St., #402
Toronto, ON M5R 2A7
- Franchising Since
- 2010 (2023-2010 years)
- # of employees at HQ
- Where seeking
This company is offering new franchisees in the following international regions: Canada
- # of Units
- 172 (as of 2022)
Information for Franchisees
Here's what you need to know if you're interested in opening a Quesada Burritos & 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
Definition: The initial fee paid to a franchisor to join their system
What you need to know: Found in Item 5 of the FDD, this may be a flat fee, or may vary based on territory size, experience, or other factors.The franchise fee is an up-front (one-time) cost that a new franchisee pays to the franchisor. This fee is usually due at the signing of the franchise agreement and covers the right to use the franchisor's trademarks, name, and related business systems.
- Initial Investment
- $243,500 - $415,500
Definition: The total amount necessary to begin operation of the franchise
What you need to know: The initial investment includes the franchise fee, along with other startup expenses such as real estate, equipment, supplies, business licenses, and working capital. This is outlined in a chart in Item 7 of the FDD, showing a range of possible costs from low to high.
- Net Worth Requirement
Definition: The minimum net worth you must have in order to qualify to become a franchisee of this company
What you need to know: Net worth is the value of a person's assets minus liabilities. Assets include cash, stocks, retirement accounts, and real estate. Liabilities include items like mortgages, car payments, and credit card debt.
- Cash Requirement
Definition: The minimum liquid capital you must have available in order to qualify to become a franchisee of this company.
- Royalty Fee
Definition: A ongoing fee paid to the franchisor on a regular basis.
What you need to know: Most franchisors require franchisees to pay an ongoing royalty fee, which is detailed in Item 6 of the FDD. This fee is typically a percentage of weekly or monthly gross sales, but may also be a flat weekly, monthly, or annual fee.
- Ad Royalty Fee
Definition: An going fee paid to the franchisor on a regular basis to support advertising or marketing efforts.
What you need to know: This may also be called advertising fee, marketing fee, brand fund fee, and more, but the basic purpose is the same-- to support promotion of the brand systemwide. As with the royalty fee, it is detailed in Item 6 of the FDD, and can be a percentage of weekly or monthly gross sales or a weekly, monthly, or annual fee.
- Term of Agreement
- 15 years
Definition: The length of time your franchise agreement will last.
What you need to know: Franchise terms are typically anywhere from 5 to 20 years in length, but are sometimes instead dependent on factors such as the term of your lease. Once your term is up, you may have the option to renew your agreement, typically for a smaller fee than the original franchise fee.
- Is franchise term renewable?
Some franchisors offer in-house financing, while others have relationships with third-party financing sources to which they refer qualified franchisees.
- Third Party Financing
- Quesada Burritos & Tacos has relationships with third-party sources which offer financing to cover the following: franchise fee, startup costs, equipment, inventory
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
- 120 hours
- Classroom Training
- 20 hours
- Ongoing Support
Purchasing Co-opsNewsletterMeetings & ConventionsToll-Free LineGrand OpeningOnline SupportSecurity & Safety ProceduresLease NegotiationField OperationsSite SelectionProprietary SoftwareFranchisee Intranet Platform
- Marketing Support
Co-op AdvertisingAd TemplatesNational MediaRegional AdvertisingSocial MediaSEOWebsite DevelopmentEmail MarketingLoyalty Program/App
Additional details about running this franchise.
- Is absentee ownership allowed?
- Can this franchise be run from home/mobile unit?
Definition: The business can be run from your home and/or a vehicle, and it is not necessary to have a retail facility, office space, or warehouse.
- Can this franchise be run part time?
Definition: This business can be run by the owner on a part-time basis (less than 40 hours per week) and/or as a side business; it is not necessary for the business to be open/run full-time.
- # of employees required to run
- Are exclusive territories available?
Definition: An exclusive territory is a fixed area in which you are given the right to operate and in which no other units of the same franchise may be opened.
What you need to know: Territory size may be based on factors such as radius, population size, zip codes, and more. Details can be found in Item 12 of the FDD.
Interested in ownership opportunities like Quesada Burritos & Tacos? Request a free consultation with a Franchise Advisor now.
Franchise 500 Ranking History
Compare where Quesada Burritos & Tacos landed on this year's Franchise 500 Ranking versus previous years.
Curious to know where Quesada Burritos & Tacos ranked on other franchise lists? Find out below.
Ranked #150 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.
Ranked #10 in Mexican Food in 2022
Our annual list of the top restaurant and other food franchises, divided up by category, is the perfect place to start if you’re craving a food-based business opportunity.
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