Multi-Unit Franchisee Magazine 2013 Buyer's Guide - Page 54

MULTI-UNIT Buyer’s Guide FOOD OPPORTUNITY Description Since 1992, Pancheros Mexican Grill has been capitalizing on the growing Demographics popularity of the “Fresh- Food quality, customization, affordability and service speed allow Panchero’s to attract a broad demographic base. While launched in college towns, the brand experiences success in a variety of market types. Fast-Casual segment. With Qualifications Panchero’s seeks restaurant/ franchise ownership/ management or relevant business experience; a passion for the restaurant industry; desire for multi-unit development; proven success in team building; fulfillment of financial requirements and a good fit with brand culture. Rankings & Awards STAR Award Winner – Social Media, Franchise Update Media Group; “Future 50“ – Restaurant Business Magazine; Top 100 Movers & Shakers – Fastcasual.com 49 Mexican” flavors of the a history of over 20 years, Pancheros offers a simple menu of freshly prepared, high-quality items served made-to-order. Boasting Fast Franchise Facts a lively, warm-industrial Franchising Since: 1st Franchise 2004, Founded 1992 apart by starting each order decor, Pancheros sets itself Total Franchise Operating Operating Units: 37 with their signature fresh- Company Operating Units: 22 pressed tortilla and ending Capital Investment: $346,575 - $768,540 each burrito by mixing all Franchise Fee (per unit): $30,000 single; $20,000 multiple the ingredients inside that Royalty Fee (per unit): 5% of gross sales tortilla with the help of a Advertising fee (per unit): Currently 1% of gross sales with cap of 3% of gross sales tool they call “Bob”. Earnings Claims: No citing franchise opportunity Build-Out Options: End-caps, Free Standing, Lifestyle Centers in a growing segment. Pancheros represents an ex- Available Territories: U.S. SITE LOCATION Contact Assistance Kinsey Bartlett | Franchise Coordinator (888) MEX-BEST or (319) 545-6565 ext. 109 kinseyb@pancheros.com Panchero’s provides full pancheros.com proven step-by-step process. MULTI-UNIT BUYER’S GUIDE 2013 support in areas of real estate, design and construction, with an experienced staff and