Taco
Palace
Startup expenses |
Lowest
cost
estimate |
Medium
cost
estimate |
Highest
cost
estimate |
Payable
to whom? |
When
do I pay this?
Before or After Opening |
| Franchise
Fee and Expanded Territory Rights with Store Package |
$33,950 |
$33,950 |
$33,950 |
Taco Palace
National Franchising, LLC |
Before |
- Initial
setup and planning visit (3 days)
|
|
|
|
Included
in store package |
|
- On-site
Employee training **
(10-20 days)
|
|
|
|
Included
in store package |
|
- Location & System
rights (non-compete)
|
|
|
|
Included
in store package |
|
- Management & Accounting
training
|
|
|
|
Included
in store package |
|
- Copyrighted
comprehensive Operational Manual
|
|
|
|
Included in store package |
|
- Registered Trademark and Logo rights
|
|
|
|
Included in store package |
|
- Distributor rights to exclusive Taco Palace spices
|
|
|
|
Included in store package |
|
- Computer
POS system training
|
|
|
|
Included
in store package |
|
- National discount pricing and rebates from Pepsi
|
|
|
|
Included in store package |
|
- National store chain food discounts
|
|
|
|
Included in store package |
|
| |
|
|
|
Included in store package |
|
- Unlimited
lifetime training at headquarters
|
|
|
|
Included
in store package |
|
| |
|
|
|
Included in store package |
|
| The following expenses are estimates of what a new store owner will need to spend to establish a location. |
| Trainers
Travel & living expenses |
$1,000 |
$2,500 |
$5,000 |
Varies
with distance and location |
Before |
| Equipment
Engineering Plans |
$0.00 |
$2,500 |
$2,500 |
Equipment
company |
Before |
| Lights,
Fans, Counters |
$1,000 |
$1,000 |
$2,000 |
Varies |
Before |
| Leasehold
Improvements (variable) |
$3,000 |
$8,000 |
$12,000 |
Varies |
Before |
| Building
Lease Deposits (if required) |
$0.00 |
$1,000 |
$1,500 |
Varies |
Before |
| Signs (each) |
$2,500 |
$3,500 |
$5,000 |
Sign Company |
Before |
| Equipment
(new) *** |
$2,500
(lease) |
$32,000 |
$50,000 |
Equipment
Company |
Before |
| Tables/Chairs |
$1,500 |
$2,500 |
$5,000 |
Varies |
Before |
| Computer
POS system |
$4,800 |
$4,800 |
$7,000 |
Equipment
Company |
Before |
| Opening
Inventory |
$3,000 |
$4,000 |
$5,000 |
Grocery
Company |
Before |
| Insurance
(initial premium payment) |
$450 |
$550 |
$650 |
Liability/work
comp insurance |
Before |
| Utility
deposits |
$300 |
$300 |
$300 |
Utility
companies |
Before |
| Legal & Organizational
permits, etc. |
$500 |
$500 |
$500 |
City & County |
Before |
| Occupancy
licenses |
$200 |
$200 |
$200 |
City & County |
Before |
| Grand Opening
advertising |
$1,000 |
$1,500 |
$2,500 |
Media outlets |
After |
| |
|
|
|
|
|
| Totals |
$53,200 |
$98,800 |
$133,100 |
|
|
** Extra
training days optional as outlined on final contract *** If
approved for an equipment lease, there will be a deposit
due to the
individual leasing company. This is an estimated down payment.
The above
figures are estimates of the estimated capital needed to
start
a Taco Palace and operate it through the first few months.
While these figures are accurate and based on real store
openings
and quotes, they are variable according to the owner's preferences,
building size, and construction arrangements. Typical sized
units are from 1000 to 2000+ square feet and estimates
include the cost of renovating such space. The estimates
do not
include
the purchase of real estate or new building costs, which
is at the discretion of the individual owner. Taco Palace
will
provide assistance on each phase of restaurant development,
but is not responsible for what the individual owner of
each
unit chooses to spend on their store or on the various independent
contractors they hire.
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