Tio Juan's Margaritas Mexican Restaurant

Mexican restaurants and bars
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Franchise 500 2023
Franchise 500 Rank
N/R Not ranked last year
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Initial investment
$1.5M - $2.8M
Units as of 2023
26 Increase 4.0% over 3 years

Company Overview

About Tio Juan's Margaritas Mexican Restaurant

Industry Food
Related Categories Mexican Restaurants, Food: Full-Service Restaurants, Mexican Food
Founded 1984
Parent Company Margaritas Franchise Corp.
Leadership Bob Ray, CEO
Corporate Address 273 Locust St., #200
Dover, NH 03820
Social Facebook, Twitter, Instagram

Business Overview

Franchising Since 2009 (15 years)
# of employees at HQ 6
Where seeking

This company is offering new franchises in the following US states: Alabama, Connecticut, District of Columbia, Delaware, Florida, Georgia, Kentucky, Louisiana, Massachusetts, Maryland, Maine, Missouri, Mississippi, North Carolina, New Hampshire, New Jersey, New York, South Carolina, Tennessee, Virginia, Vermont, West Virginia

# of Units 26 (as of 2023)

Information for Franchisees

Here's what you need to know if you're interested in opening a Tio Juan's Margaritas Mexican Restaurant 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
$1,538,500 - $2,846,600
Net Worth Requirement Information Circle
$750,000
Cash Requirement Information Circle
$550,000
Royalty Fee Information Circle
5%
Ad Royalty Fee Information Circle
0.5%
Term of Agreement Information Circle
10 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 360 hours
Classroom Training 90 hours
Ongoing Support
Purchasing Co-ops
Newsletter
Grand Opening
Field Operations
Site Selection
Marketing Support
Ad Templates
Social Media
SEO
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? Information Circle
No
Can this franchise be run part time? Information Circle
No
# of employees required to run 30-40
Are exclusive territories available? Information Circle
Yes
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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