- 2023 Franchise 500 Rank
N/R Not ranked last year
- Initial investment
$130K - $286K
- Units as of 2020
8 14.3% over 3 years
Taco Moli is a Mexican food restaurant that attempts to serve and deliver mouth-watering, flavor-filled tacos and culture to its customers. Since their doors flew open in 1991, Taco Moli has added several locations, but is looking to multiply that number with full-time franchisees from the United States to Canada and beyond.
Through a strategic and constant refinement of their menu, Taco Moli has served an expansive list of dishes such as tacos, burritos, quesadillas, enchiladas, fajitas, chimichangas, salads, a variety of lunch and dinner specials, and vegan alternatives. The company believes it doesn’t stop with the food. Anyone who walks into a Taco Moli franchise may immediately feel like family as a result of the homey atmosphere.
Why You May Want to Start a Taco Moli Franchise
If you want to fill stomachs and spread the joy of tacos, then Taco Moli may be ready to take you on. Because Taco Moli has been running and thriving on an already proven business model since the 1990s, becoming a franchisee may mean you can hit the ground running.
Franchisees may make the most of Taco Moli’s catering services, which could have proven to be successful. Because Taco Moli has a reputation to maintain, they don’t just accept any franchisee. They take the time to talk to you and determine if you hold to the same values and ideals that they do.
What Might Make a Taco Moli Franchise a Good Choice?
A Taco Moli franchise offers a ten-year renewable franchise agreement, giving you ample time to test the waters and eventually dive right in. Taco Moli’s business model is designed to produce consistent success, which may make it an ideal investment for franchisees interested in serving tacos for a living.
To be part of the Taco Moli 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.
How To Open a Taco Moli Franchise
Before making any financial commitment or signing an agreement, it is crucial that you perform your due diligence and establish if this is the right opportunity for you. As part of your due diligence, you may want to speak to existing franchisees and ask the Taco Moli franchising team questions.
Once you qualify, you will receive a Franchise Disclosure Document and 14 days to review it. As part of discovery day, franchisees will meet with Taco Moli leadership at company headquarters in Doral, Florida, to make sure that they’re a good match. If things progress positively, they may get to sign the Franchise Agreement contract.
Successful franchisees should undergo a comprehensive training program to ensure quality control. This includes several days of in-class training in Miami, as well as multiple days of hands-on training at their newly opened Taco Moli franchise.
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 Taco Moli franchise.
About Taco Moli
- Related Categories
- Mexican Food
- Leland Neal, CEO
- Corporate Address
8688 N.W. 13 Terrace
Doral, FL 33126
- Franchising Since
- 2014 (2023-2014 years)
- # of employees at HQ
- Where seeking
This company is offering new franchisees in the following US states:
This company is offering new franchisees in the following international regions:
- # of Units
- 8 (as of 2020)
Information for Franchisees
Here's what you need to know if you're interested in opening a Taco Moli 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
- $129,800 - $285,800
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.
- 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
- 10 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
- Taco Moli 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
- 116 hours
- Classroom Training
- 30 hours
- Ongoing Support
Grand OpeningSite Selection
- Marketing Support
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.
- 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 Taco Moli? Request a free consultation with a Franchise Advisor now.
Franchise 500 Ranking History
Compare where Taco Moli landed on this year's Franchise 500 Ranking versus previous years.
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