Go Burrito

Go Burrito

Burritos and beer
Units as of 2020
2 (3 years)
100%
2020 Franchise 500 Rank
N/R Not ranked last year
Initial investment
$435K - $962K

Company Overview

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About Go Burrito

Industry
Food
Related Categories
Mexican Food, Food,
Founded
2013
Parent Company
Go Ventures Inc.
Leadership
Mikey Wetzel, CEO/Owner

Franchising Overview

Franchising Since
2016 (5 years)
# of employees at HQ
4
Where seeking
Franchisor is seeking new franchise units in the following regions/states:
Alaska, Alabama, Arkansas, Arizona, Colorado, Connecticut, District of Columbia, Delaware, Florida, Georgia, Iowa, Idaho, Kansas, Kentucky, Louisiana, Massachusetts, Maine, Missouri, Mississippi, Montana, Nebraska, North Carolina, New Hampshire, New Jersey, New Mexico, Nevada, Ohio, Oklahoma, Oregon, Pennsylvania, South Carolina, Tennessee, Texas, Utah, Vermont, West Virginia, Wyoming
# of Units
2

Franchisor Information

Corporate Address
124 E. Innes St.
Salisbury, NC 28144

Information for Franchisees

Here’s what you need to know if you’re interested in opening a Go Burrito 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
$30,000 - $30,000
Initial Investment
$435,000 - $962,000
Net Worth Requirement
$500,000
Cash Requirement
$200,000
Royalty Fee
6%
Ad Royalty Fee
2.5%
Term of Agreement
10 years
Is franchise term renewable?
Yes

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Financing Options

Some franchisors offer in-house financing, while others have relationships with third-party financing sources to which they refer qualified franchisees.

Third Party Financing
Go Burrito 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
130 hours
Classroom Training
65 hours
Ongoing Support
Newsletter
Meetings & Conventions
Grand Opening
Online Support
Security & Safety Procedures
Lease Negotiation
Field Operations
Site Selection
Proprietary Software
Marketing Support
Co-op Advertising
Ad Templates
National Media
Regional Advertising
Social Media
SEO
Website Development
Email Marketing
Loyalty Program/App

Operations

Additional details about running this franchise.

Can this franchise be run from home/mobile unit?
No
Can this franchise be run part time?
No
Are exclusive territories available?
Yes

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Disclaimer
The Franchise 500 is not intended to endorse, advertise, or recommend any particular franchise. It is solely a research tool you can use to compare franchise operations. Entrepreneur stresses that you should always conduct your own independent investigation before investing money in a franchise.
Updated: October 23rd, 2020
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