My Queue

There are no Videos in your queue.

Click on the Add to next to any video to save to your queue.

There are no Articles in your queue.

Click on the Add to next to any article to save to your queue.

There are no Podcasts in your queue.

Click on the Add to next to any podcast episode to save to your queue.

You're not following any authors.

Click the Follow button on any author page to keep up with the latest content from your favorite authors.

Pepe's Mexican Restaurants
Mexican restaurants

Pepe's Mexican Restaurants
Mexican restaurants

About
Founded

1967

Franchising Since

1967 (51 Years)

Corporate Address

1325 W. 15th St.
Chicago, IL 60608

CEO

Robert Ptak

Parent Company

Pepe's Inc.

Financial Requirements
Initial Investment

$207,000 - $652,000

Ongoing Fees
Initial Franchise Fee

$10,000 - $15,000

Ongoing Royalty Fee

4%

Ad Royalty Fee

3-4%

Support Options
Ongoing Support

Purchasing Co-ops

Newsletter

Meetings/Conventions

Grand Opening

Security/Safety Procedures

Field Operations

Site Selection

Marketing Support

Co-op Advertising

Ad Templates

Regional Advertising

Social media

Website development

Email marketing

Loyalty program/app

On-The-Job Training:

80 hours

Absentee Ownership Allowed
Number of Employees Required to Run:

10

Bio
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.
Cost
Initial Investment: Low - $207,000 High - $652,000
Units
+2.2%+0 UNITS (1 Year) -6.3%-3 UNITS (3 Years)

Units (Locations)

Where Seeking Franchisees:

Franchisor is seeking new franchise units in the following regions/states:
Illinois, Indiana
Franchise Financing
Using 401(K)/IRA Funds
  • Tax Penalty-Free
  • Debt Free
  • Expert Guidance
Learn More

Franchise Articles

The 4 Ways Associations Can Help Franchisees

While independent franchisee associations can be viewed as confrontational, when all involved parties get talking, the groups can be a collaborative source of support and education.

A Buzzing Business: How These Entrepreneurs Turned a Longtime Annoyance Into Successful Careers in Pest Control

Mosquito Joe franchisees Kurt and Melissa Godwin share how their second career helped create a better work-life balance for them.

The 5 Attributes of Franchises Growing with Velocity

Some franchise concepts can amplify growth with the right attributes. Learn how to spot them.

How This Franchisor Found Sweet Success With an Ice Cream Experiment

Creamistry's Jay Yim took a crazy experiment in his garage and grew it into a global ice cream brand.

The Top-Ranked Franchise 500 Companies Available in All 50 States

We looked at the top 20 businesses from our Franchise 500 to find a top-ranked franchise in your home state.

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 11th, 2017