Pepe's Mexican Restaurants

Mexican restaurants
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2021 Franchise 500 Rank
N/R Not ranked last year
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Initial investment
$207K - $652K
Units as of 2017
45 -6.3% over 3 years

Company Overview

Pepe’s concept began in 1954 as a taqueria in Chicago. Pepe’s Incorporated has been franchising Pepe’s Mexican Restaurants since 1967. Pepe’s prepares and serves a full menu of Mexican food items for dining-in or carryout. It also operates a 57,000 square foot U.S. commissary where it produces food products for its franchised restaurants and its branded product program. The branded product program sells food products to schools, factories, and office cafeterias, as well as the U.S. Military for use at military bases in the United States and abroad.

About Pepe's Mexican Restaurants

Industry
Food
Founded
1967
Parent Company
Pepe's Inc.
Leadership
Robert Ptak, CEO

Franchising Overview

Franchising Since
1967 (54 years)
# of employees at HQ
8
Where seeking

This company is seeking new franchisees in the following US states: Illinois, Indiana

# of Units
45 (as of 2017)

Franchisor Information

Corporate Address
1325 W. 15th St.
Chicago, IL 60608

Information for Franchisees

Here’s what you need to know if you’re interested in opening a Pepe's Mexican Restaurants 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
$10,000 - $15,000
Initial Investment
$207,000 - $652,000
Royalty Fee
4%
Ad Royalty Fee
3-4%
Term of Agreement
20 years
Is franchise term renewable?
Yes

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
80 hours
Ongoing Support
Purchasing Co-ops
Newsletter
Meetings & Conventions
Grand Opening
Security & Safety Procedures
Lease Negotiation
Field Operations
Site Selection
Marketing Support
Co-op Advertising
Ad Templates
Regional Advertising
Social Media
Website Development
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?
No
Can this franchise be run part time?
No
# of employees required to run
10
Are exclusive territories available?
No

Franchise 500 Ranking History

Compare where Pepe's Mexican Restaurants landed on this year’s Franchise 500 Ranking versus previous years.

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The information on this page is not intended as an endorsement or recommendation of any particular franchise by Entrepreneur Media. Our franchise listings and rankings are solely research tools you can use to compare franchise operations. Entrepreneur stresses that you should always conduct your own independent investigation before investing in a franchise. That should include reviewing the franchisor's legal documents, consulting with an attorney and an accountant, and talking to former and current franchisees.
Updated: February 8th, 2021