TacoTime

TacoTime

Mexican food
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2022 Franchise 500 Rank
N/R Not ranked last year
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Initial investment
$145K - $637K
Units as of 2020
237 -13.5% over 3 years

Company Overview

After graduating from the University of Oregon, Taco Time founder Ron Fraedrick fell in love with the Mexican cuisine he sampled as he traveled throughout Southern California. Deciding to bring back his newfound taste to his hometown of Eugene, Oregon, Fraedrick opened up the first Taco Time restaurant in 1959. Using spices Fraedrick created himself, the restaurant sold more than 3,500 tacos in its opening weekend. The company opened its first franchise in 1961 and now has franchises in both freestanding and express sites throughout the United States and Canada as well as in Japan and Kuwait. In 2000, the company introduced Brand Renaissance, which includes a facility décor package and updated food mix and packaging, as a renewal of the brand.

TacoTime is owned by Kahala, franchisor of Blimpie, Cereality, Cold Stone Creamery, Frullati Café & Bakery, Great Steak & Potato, Johnnie’s, Nrgize, Ranch 1, Rollerz, Samurai Sam’s and Surf City Squeeze.

About TacoTime

Industry
Food
Related Categories
Mexican Food
Founded
1958
Parent Company
Kahala Franchising LLC
Leadership
Eric Lefebvre, CEO
Ticker Symbol
KAHL

Franchising Overview

Franchising Since
1961 (61 years)
# of employees at HQ
227
Where seeking

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

This company is seeking new franchisees in the following international regions:

# of Units
237 (as of 2020)

Franchisor Information

Corporate Address
9311 E. Via De Ventura
Scottsdale, AZ 85258

Information for Franchisees

Here’s what you need to know if you’re interested in opening a TacoTime 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
$7,500 - $30,000
Initial Investment
$144,650 - $636,800
Net Worth Requirement
$250,000
Cash Requirement
$160,000
Veteran Incentives
20% off franchise fee
Royalty Fee
6%
Ad Royalty Fee
4%
Term of Agreement
10 years
Is franchise term renewable?
Yes

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
TacoTime has relationships with third-party sources which offer financing to cover the following: franchise fee, startup costs, equipment, inventory

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
120 hours
Classroom Training
40 hours
Ongoing Support
Purchasing Co-ops
Newsletter
Meetings & Conventions
Toll-Free Line
Grand Opening
Online Support
Security & Safety Procedures
Field Operations
Franchisee Intranet Platform
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.

Is absentee ownership allowed?
Yes
Can this franchise be run from home/mobile unit?
No
Can this franchise be run part time?
No
# of employees required to run
15-20
Are exclusive territories available?
Yes

Franchise 500 Ranking History

Compare where TacoTime landed on this year’s Franchise 500 Ranking versus previous years.

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Disclaimer
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