Fuzzy’s Taco Shop was included as one of QSR’s Top 10 Best Franchise Deals for 2016. This ranking incorporated many factors, including return on investment, franchisee satisfaction and performance, management team experience, and unit growth and continuity.
Fuzzy’s Taco Shop
U.S. UNITS: 84
U.S. FRANCHISED UNITS: 78
SYSTEMWIDE SALES: $109,697,935
FRANCHISE FEE: $35,000
TOTAL START-UP COSTS: $329,260–$1,068,210
ROYALTY: 3.5–5% of net sales
RENEWAL FEE: $2,500
MARKETING FEE: None
Fuzzy’s Taco Shop, the Fort Worth, Texas–based restaurant chain with an edgy attitude, enjoys a cult following among consumers, solid AUVs topping $1.3 million, a five-year annual run of same-store sales gains, and an all-in collection of franchisees.
Every one of Fuzzy’s franchisees, according to an FBR survey, believes Fuzzy’s senior leadership team operates with a high level of honesty and integrity, a spirit that surely inspires cohesiveness and, quite often, additional investment. Fuzzy’s executive vice president Mel Knight says many multiunit Fuzzy’s franchisees began as single-store operators.
Though Fuzzy’s has a set of core brand items it requires, franchisees are encouraged to put their personal mark on the store, particularly emphasizing their local community.
That freedom delivers some innovative developments, such as the full-service bars in operation at some Fuzzy’s units that Knight says company leadership will continue to explore as the concept develops.
In another sign of the concept’s flexibility, Fuzzy’s recently entered the nontraditional space with a unit inside the student union at the University of North Texas in Denton, Texas.
Source: 2016 Best Franchise Deals